Insurance (YAWN)

Whatever your situation it’s important to take a look every year or two at your level of insurance cover. It bores me to have to do it if I’m honest because it always means looking over documents which are designed to be confusing. Plus, it involves me having to make phone calls, wait for new policy documents to arrive, ask questions and so on. It ALWAYS takes longer than you think it will. But once it is done I’m pleased I did it.

Becoming an Investor*

All your working life you are trying to increase your net worth so that when you finally stop working you start to slowly spend it to live on. If upon retirement each year you take 4% out of your pot of savings it will take about 30 years to boil the pot dry. So what can you live on a year? Do you need to invest $100K, $200 or $500K?

KiwiSaver ≠ First Home Buyer Deposit

Is it just me or are people confusing saving for a house with saving for retirement? I keep hearing about first home buyers all the time and how difficult it is to get into the market. But the question I keep asking myself is “why do people use their KiwiSaver as their primary mode of saving for a deposit?”

House Building 101

The slow moving trainwreck that is the NZ housing market continues on unabated. Those wanting a first home can’t buy one because those owning many homes keep buying them to rent them out to those wanting to buy a first home but can’t afford them…

Are my SmartShares working?

I have been chipping away at buying into the SmartShare fund NZ Top 50 (FNZ) for 14 months now. Statistics out recently tell me that this is the most popular of their funds so I’m moving with the crowd and many small time investors like myself are getting involved it seems. Today I am trying to find the answer. Is it worth it?

Forestry as an Investment

Over the years I have heard about forestry as an investment. I even toyed with the idea of our own Christmas Tree Farm as a side hustle. It is a REALLY long term investment as you wait for the trees to grow… But grow they will which then begs the question of whether it is worth the initial investment and the really really long wait.