When I receive questions from time to time asking about student loans and whether I think it’s worth taking one on to invest the loan amount and make money out of taking on debt, you better believe, I’m interested in finding out more!
All in Investment
Book Review: EVERYDAY MILLIONAIRES by Chris Hogan
I might be unusual in the fact that I couldn’t wait for this book to arrive. Who else do you know that is excited about reading a book that would fall into the ‘personal finance’ section of the bookstore? But this book had been touted as a best seller, before it even went on sale, offering an inside view into the way “ordinary people built extraordinary wealth” and how I could do it too. And I wanted to know how to do that!
How I Help My Daughter Invest
Every week I receive one or two emails specifically asking about how to help children invest and there are often comments on various social media about whether you even should help your kids and if you do, whether you should tell them about it. Over the years we’ve evolved an investment methodology for our daughter that appears to be working so I thought I would share with you what we do in our own whare and that might give you some tips for what you can do in your own household.
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.
End of year financial report…
This week I sat down and took a bit of an ‘end of year’ look at how 2018 has been financially for our household. I don’t do this on a set date each year, I just felt interested this week so I checked it out. Being the over-sharer that I am I thought you may also be interested?
Paid off mortgage. Now what?
This question was sent in by Declan a while back, but it is one that crops up in my inbox relatively consistently as well, so I thought back to what I did and what I would do if faced with the situation he is proposing again.
What about the bit in the middle: Medium Term Investing
The very first thing I would do is set up an automatic transfer to syphon off a set amount of money each week into a sub account with your bank and give it a flash name like “IKMSMOI” (investments keep my sticky mitts off it).
Book Giveaway: Martin Hawes
I had a catch up with Martin Hawes recently and I could not have been more delighted. Having the opportunity to talk about money related topics is my kind of way to spend a Friday morning…
Investing In Something Other Than A House
Today I thought I would tackle one of YOUR questions head on. It’s housing related, a topic that is constantly being talked about in New Zealand and one that I generally try to avoid. So here goes…