When you "invest" in a bond, you're effectively becoming a lender. You part with a sum of money with the expectation that you'll get it back in the future, along with interest. When you lend to the government by buying bonds, you're essentially lending to an entity considered risk-free. A Bitcoin bond, where 80% goes
At 5:30pm on a Friday night, I wanted to chip in for a friend’s birthday present. I couldn’t – the bank was offline. Most of the banks were offline. I dug a little deeper, discovered banks, airports, and other essential services were offline. Is THIS, the end of the world? I better change my underwear,
The recent drop in the official cash rate (OCR) by 0.25% has sparked a flurry of speculation about the future of the property market. Those hanging on for dear life are desperate for good news and recency bias is at work here - many believe lower interest rates signal a return to the boom times.
Looking for the best investments, and the best strategy? Let me ask you this: Do you believe it’s possible to build more wealth using a values-based approach? An approach that aligns what’s most important to you with the finite set of choices you have regarding your resources? If you think this sounds a bit too
August is Money Month in New Zealand, and it's the perfect time to focus on activities that can enhance your financial security not just for the month, but for the rest of your life. Here are three essential actions to consider: Work Hard, Work Smart, Stay Open-Minded: Strive to earn as much as you can
Why do some make it, and some don't? Successful people aren’t always the ‘smart ones’. They’re the people achieving great outcomes, often because their minds are in the right gear when the opportunity shows up. Success often comes about then, based on the way we think, talk, and make decisions. Recent conversations with clients has
Many believe central banks can destroy inflation by raising interest rates. Seems fair enough - after all, if you make something expensive to own, like an extra rental property, less people will buy them. However, this belief overlooks the complexity of competing economic forces like unemployment rates, growth in the economy, in government operations, demographics,
A prophet is seldom welcome in their hometown. Similarly, Kiwi's have to make it big, before they're acknowledged locally. When it comes to many types of investments, you spot a similar theme. It's not until you see things succeeding overseas, that Kiwi's sit up and take notice. Recently some research came up that showed NZ
I have kids, so I’ve watched "Guardians of the Galaxy" a hundred times. The soundtrack features the late 60s and early 70s family supergroup, The Five Stairsteps. Their song "O-o-h Child" would have been known to us growing up back then, distorted, of course, by the 1970s family sedan AM radios. It’s an effective tactic
It's not uncommon for me to have conversations with people, typically in their mid to late 40s, facing a rude awakening. While they were busy focusing on that next bonus to clear the credit card or pay for their mid-winter family Fiji escape, they spot something they never noticed before. It's about this time when
