One of the classic rules of investment is to never put all of your eggs in one basket. The rationale behind this is that, if an investment fails, you don’t want to be in a position to lose most or … Read More
“Everyone has a plan until they get punched in the face” – Mike Tyson When I saw the above quote somewhere, I really laughed and I wrote it down! It probably does say something about my sense of humour, but … Read More
As we all know, the cost of our house, contents and even our car insurance has increased exponentially over the last few years. New Zealand has seen a series of very expensive insurance events that have resulted in millions of … Read More
A recent survey from Seek, the online job marketplace, showed that approximately 28% of people are made redundant at least once in their working life time. Another survey in Australia has found that employers view redundancy as a commercial decision … Read More
The asset allocation of an investment refers to the types of investments that you – or your investment fund – owns and how it is divided up. These are basically split into 2 categories – INCOME assets such as cash, … Read More
I have always been a firm believer in sitting down after a bad experience or period in my life to work out what I have learned from the experience and what I will do differently moving forward. Like many of … Read More
I have been watching the Nigel Latta show on how to avoid scams (TV1, Monday nights at 8pm). I will say that it is enough to give you nightmares. Some of the scams are just so sophisticated and the lengths … Read More
The Climate Change Act commits the UK government by law to reducing greenhouse gas emissions by at least 100% of 1990 levels (net zero) by 2050. This includes reducing emissions from the devolved administrations (Scotland, Wales and Northern Ireland), which currently … Read More
There are many names for it – rainy day money, a nest egg, a MOJO account – but the concept is the same. It is a wise financial decision to have an amount of money set aside in a … Read More
Consumer NZ research released in April 2022 found that the “Bank of Mum and Dad” was the 5th largest lender (after ANZ, ASB, Westpac and BNZ) when it came to helping their adult children into homes. According to the research, … Read More
Women are not EARNING the same wage as their male counterparts. Statistics NZ says that as of May 2021, the gender PAY gap was 9.09% (based on median hourly wage and salary earnings). This gap equates to around $12,000 per … Read More