Time to 'push through', or 'stand strong'? I wanted to get stuff done this past Saturday. I was picking up a mini-excavator to finish some drainage. I wanted to get the kids on a working bee, and I had to get a couple reports out before Monday too. I had it all planned out. But
As we bit farewell to February, let's talk about the month where interest rate expectations changed. While we'd all love for property prices to stay stable and even start increasing. When you're in my business, it's much better when people feel wealthy! It's time to face the cold, hard truth: the NZ property market might
If you aim to build wealth independently, the right mindset can lead to significant achievements, even if you're starting with little. In this article, I want to highlight something beyond our control – inflation. Surveying our community last October revealed a profound impact as a result of inflation surging about 22.8% since March 2020. Inflation,
How Much of a Mortgage Payment Is Too Much? How much of a mortgage is too much of a mortgage in today's world, is a very different discussion than it was just a couple of years ago, and it's certainly a different type of answer that perhaps your parents would have had. No longer is
We've endured quantitative easing, tightening, loosening, accommodative, restrictive... Drop interest rates too far? Property prices and sharemarkets BOOM! Don't act fast enough, inflation kicks in...then interest rates,...BOOM! Markets collapse. Is this a sign of good stewardship, or this a sickness? We're at the knife-edge of the most anticipated market correction of all time. The only
What’s up with property? If it's munted, perhaps we should move on and think about different things. If it's just a little sick, well we know in all probability, it's likely going to get better. Maybe we should we prepare for the season in which property recovers? If you’re currently a home owner, with or
Under the Fair Trading Act, businesses in New Zealand can’t mislead you with false information in advertising or about pricing. For several years, many NZ-based banks have been processing re-fix requests using direct 'digital' channels. Previously, to get a good deal on your mortgage, you'd have to pretend to leave (often through the adviser), to
What’s so special about investing in property? After all, equities perform better in the longer term so why would you bother at all? Perhaps it’s the ease at which it can be done, or the tangible nature of this asset class. I think it's more about this marvellous thing called ‘leverage’. In this podcast we
