All in Investment
Under the “Our Story” section on the Kernel website, they say the following: We encourage open and free sharing of opinions so that everyone feels as though they can collaborate and contribute.” Not the usual spiel you would find on a fund manager website, don’t you agree?
There has been quite an increase in questions over the last couple of weeks, which is not at all surprising given how much uncertainty is out there. And this week, having answered so many emails, plus I was finishing writing and recording my final podcast episode of this series, I’ve not quite gotten around to a new blog post. So this week I’ve decided to republish a post I wrote back in 2017 because I feel that it’s still very relevant today.
There has been a sudden interest in the share market and it has me worried. I am noticing that there is a cohort of investors frantically rushing to invest in shares to “make the most” of this current crisis. I, on the other hand, have resisted all instincts to DO SOMETHING, to rush around and find those one or two companies that are at what I believe to be rock bottom prices so I can buy low and sell high. Instead, I have calmly followed the advice of John C. Bogle when he said: “Don’t look for the needle - buy the haystack”. That’s what I’m doing, I’m just buying the entire market.
Do you think that now might be a good time to start investing for the first time? I think so. It’s as good a time as any and if you are new to investing, I want this to be the first blog post you read, because it’s going to save you a whole heap of heartache in the long run. And that is a promise.
With so many new investment platforms coming on stream in the last couple of years, it has never been easier to buy a stake in a company via either an index fund or by buying individual shares. It is awesome how accessible investing has become. But in this effort to uncomplicate becoming an investor a lot of these newer investment platforms have inadvertently put investing through the complicator when it comes to tax time, because many of you are unsure about how to handle investments in regards to tax. So this blog post is going to focus on how I go about things at tax time.
I’ve waited a long time to fill out my own Net Worth Millionaire Questionnaire! YES, our net worth has finally ticked over from 6 numbers to 7 and it’s fair to say I’m delighted. But what is the purpose of me and other people sharing this information? It’s so that you can apply it to your own situation and see the variety of ways that other Kiwi’s have created wealth for themselves and know that it is possible for you as well.
Christmas at my house when I was growing up was always a busy, crowded and fun time. We used to receive heaps of Christmas cards and the most exciting ones were the cards that contained the “annual Christmas letter” from the sender. So, I thought I would write you a Christmas Newsletter from my whanau, with a personal finance twist of course…
Way back in February 2019 I created an account with Hatch, they were a very new startup at that time and many people had sent me emails asking me to look into them. They have created a simple and intuitive platform that has cut out a lot of the jargon and brokerage fees and made it pretty straight forward for you and I to invest in the biggest companies in the world.
My copy of Tales from a Financial Hot Mess has ended up a right hot mess. I read it in fits and starts over a month and each time something took my interest I placed a sticky note to mark the page and as it turned out, quite a bit took my interest.
