A canny view: The ups and downs of downsizing

If your family has grown up and flown the nest and you’re moving closer to retiring, it’s likely that you’ve at least thought about downsizing your home. For some, downsizing can be for practical reasons. For others, it might be a desire to be closer to their children if they’ve relocated, or it might simply … Read more…

The Seven Virtues of Process

Success as an investor starts with the key questions of why, what, where, when and how. Why are you investing? What are your priorities? Where is your destination? When do you hope to get there? But it’s the ‘how’ that’s often overlooked. ‘How’ relates to process. It’s not just what you invest in, but the approach you take to investing. This means adopting … Read more…

Having a Game Plan

An advisor once said he did not so much have people with investment problems as he had investments with people problems. Your assumed rationality can vanish in a crisis. So why not build your human imperfections into your game plan? When unsettling news is breaking there’s a natural inclination among people to want to adjust … Read more…

Are you contributing enough?

We are already 3 months into the new KiwiSaver year, have you checked your contribution levels yet? Will your level of contributions meet the minimum amount ($1,043) to get the full member tax credit ($521) from the government by next June? Self Employed? Rather than leaving it until the last minute to source and organise … Read more…

Bitcoin Doomed or a New Frontier?

Take a look at the chart. See that blue line at the bottom? That isn’t the horizontal or x-axis. It’s a price chart showing the growth of the Dow Jones in the US since 2012 – 71%.  Confused yet? The black line is the monthly bitcoin price in the same time frame. In compiling the … Read more…

When Investing and Politics Don’t Mix

It is our nature to want to be able to predict what will happen in the future. This applies to many things in life. We struggle with the unknown and want someone to tell us what will occur next if we take a certain action or if some future event beyond our control comes to … Read more…

Investing: Two Simple Rules

Individual investors are more empowered than ever before. Armed with online tools and mobile apps designed to educate and make even the most complicated investing decisions quick and easy, there’s never been a better time for those who want to optimize their portfolios. Empowerment, however, can be a double-edged sword: Study after study from sources … Read more…

Why Simple Makes Sense

It’s ironic that complex solutions to any problem can just provide you with excuses not to act. Simple solutions, by contrast, put the weight on you to do something. “Spend less, save more” may sound simple, for instance. But the application can be tough. And that’s also where the benefits lie, as Carl Richards explains. … Read more…

Leaving Home

Everybody loves the comforts of home, but investors who become too anchored to familiar territory can end up with a very narrow view of the world. Home bias, the tendency of investors to allocate a disproportionate amount of their funds to their domestic market, is a well-documented phenomenon. As at 31 December 2016, superannuation funds regulated … Read more…