We can all do better, if we start investing according to our age. Like teaching your kids about money though, it's easier said than done. 1. Engaging Kids in Investing: Fun vs. Tax Efficiency Let’s be honest: the easiest way to get kids excited about investing is to let them buy a slice of something they
You don't have to be vegetarian to try the salad, and you don't have to be an extremist to listen to extreme views. There’s a certain discomfort that comes from peering over the edge—especially when the abyss you’re staring into is the global financial system. Entertaining “fringe” ideas like a debt collapse, fiat failure, or
Two Ways to Wealth for Everyday Investors A couple of weeks ago, I found myself in Las Vegas, not for the slots or the shows, but to hear Michael Saylor—the guy who turned MicroStrategy from a respectable $1.6 billion company in 2020 into a $75 billion Bitcoin juggernaut—talk to over 30,000 fans about wealth. His
It Shouldn't Be A Secret, But It Is The primary cause behind rising costs, AND positive investment returns, is often the most overlooked aspect of personal finance. It shouldn't be a secret, but it is. The answer's too complicated for some, too simplistic for others, and too contrarian for all. Going forward, ignorance comes with
In a typical week I'll have 3-5 'one-on-one' meetings to help people make financial decisions with massive long-term consequences. 'How do we purchase our first home?' 'How can I financially split from my partner' 'What's the best way to invest now, now there's a bit of money coming in?' The most nuanced and personalised conversations
Unlike some things, there's more than one path you can follow to build financial freedom. For my wife and I, residential property investment was our starting point, but it may not be our end point. Nearly 20 years ago, we bought our first rental property—a simpler time when a 5% deposit was enough, prices were
I'm getting this question a lot lately, and it's understandable after a period of strong, rising prices, followed by a sharp pull back. For full disclosure, we've used property to build the majority of our net worth. Just because prices are down, there's no way I'm selling now. Why? Because there's no material change to what
Does our 'ism' impact our wealth? I used to love looking through these 'View-Finders'. 3D images of ET and Raiders of the Lost Ark, all while listening to the story on scratched record. Lost in the narrative, I forgot I was in my PJ's, sitting on my 1970's shag-carpeted bedroom. Our worldview can be just
Imagine being over 65, and spending up to $3,000 a month more than what the government superannuation scheme provides. Where does that come from in your world? In a recent discussion with Ben Brinkerhoff, Head of Advice at Consilium in New Zealand, I explored seven critical questions that we need to address to ensure a
Risk: What does it really mean, and how much should you take? Risk in Everyday Life vs. Investing Think about the fun, non-financial things you enjoy—fishing, mountain biking, or even crossing the road. Each carries a chance of disaster: a shark attack, a crash, or a rogue bus. Yet, if the odds of total loss
