All tagged Meridian Shares
I had a nice surprise on the 16th of October. I logged onto PocketSmith and saw that my bank account had an additional $684 in there. When people talk about “passive income” this is what it actually looks like. Money, deposited in my account, without me having to actually do anything except investing in a company and trusting that they will work hard on my behalf.
Since I began investing in index funds I have been thinking of selling my shares in Meridian Energy because they are the only individual shares I own now. But then I procrastinated, then I got busy, then I got a dividend payout and then I actually took a much closer look at them because I realised that this has happened, a steady rise in their share price.
I spend a lot of time at my computer and my “household spreadsheet” is often open and it was while I was looking at this that I thought perhaps it was timely that I have a bit of a financial spring clean.
A bit of change this week! I’ve curated this post with a few updates and interesting things for you to check out.
On the 13th of April I received an email telling me I had just received some moolah. Yippee, great timing! At the time I was just packing the car up to head away for five days over Easter, a bit of spending money would be great.
I have been chipping away at buying into the SmartShare fund NZ Top 50 (FNZ) for 14 months now. Statistics out recently tell me that this is the most popular of their funds so I’m moving with the crowd and many small time investors like myself are getting involved it seems. Today I am trying to find the answer. Is it worth it?
I am a customer and shareholder of Meridian but have never attended a shareholder meeting so I thought it was worth the one hour drive to check it out. And as predicted by my father and law, the catering was excellent!
Having purposefully just returned from America on Monday two days BEFORE the American election I had an inkling that things might get a little crazy.
It has taken me quite some time to learn about diversification and the impact it can have on my investing. But it turns out that I was actually diversifying even when I still had debt.
