All in Shares

Meridian Energy just paid me $684!

I had a nice surprise on the 16th of October. I logged onto PocketSmith and saw that my bank account had an additional $684 in there. When people talk about “passive income” this is what it actually looks like. Money, deposited in my account, without me having to actually do anything except investing in a company and trusting that they will work hard on my behalf.

NO, I don’t want a rental property thank you.

Have you noticed that I never really talk much about real estate? Except to say that I own the house I live in and I have never really gone too far down the path of writing about property as an investment. With the equity that we have in our house, the ‘obvious’ thing to many Kiwis would be to borrow against it and buy more property that I then rent out to other people. For many this has been a way to successfully grow their wealth. To many, it has not.

Sharesies: Detour Ahead

Sharesies has lowered the barriers to entry for those wanting to enter the share market and they set about serving a previously underserved demographic. Sharesies has helped people see that becoming a share investor is another viable way to grow your wealth in New Zealand. They are now giving you the chance to buy shares in individual companies and spend as little or as much as you like.

Margin Lending - Borrowing money to invest in shares.

Borrowing money to buy shares is something that I don’t hear about that often and I have only really come across a small handful of examples of it in the last couple of years of blogging. Whereas we borrow vast sums of money all day long to get into the housing market, without the word ‘risk’ ever really being used, when we borrow money to buy into securities our first instincts are concern and fear.

Time in the market is your money’s best friend.

I interviewed a bloke for an upcoming episode of my podcast and he had a lot to say about investing in individual shares and why he used to buy them, but now no longer does. He took the advice of a good friend when she told him, back in the 1980s, just buy into today’s equivalent of an index fund and let time in the market be your money’s best friend. Low and behold, she was correct.

Sharesies have made a few tweaks...

Sharesies have been making a few tweaks to their system. If you already use them they will have emailed you (but if you are like me, you may not have read it) and I felt the changes are worth mentioning for those investing with them already or for those thinking about doing so. Sharesies is now “tidier” to use and I think probably less confusing for newbie investors too.

What's up with Meridian Energy?

Since I began investing in index funds I have been thinking of selling my shares in Meridian Energy because they are the only individual shares I own now. But then I procrastinated, then I got busy, then I got a dividend payout and then I actually took a much closer look at them because I realised that this has happened, a steady rise in their share price.