All in Shares
I have reached a point where I’ve learned a bit more about myself. When I heard that the stock market had “plummeted” it actually didn’t unnerve me at all. Warren Buffet would say that I have not lost anything, because I didn’t sell, the value of my investments has simply changed and by my calculations, I’m down 4%. If I freaked out and sold then I would have locked in my losses. But I didn’t and I won’t.
A conversation I had a month or so ago is still buzzing round in my head. I was asked about my preference towards passive investing versus active investing. So, I’ve spent a lot of time over the last couple of weeks thinking this through so I can get it clear in my head.
Sharesies have just celebrated their first birthday and up until this point I have resisted having a play around with their product. But I figure that they are still here after a year, the social media fan party has faded away and yet they still keep coming up in conversation.
People tell me that they are investing quite large sums of money in order to get a return but at the same time they have a mortgage. My short and sweet response is typically that “in my humble opinion, you can’t make money while you owe money”. Once I’ve uttered my opinion the fireworks often start.
Recently I had a nice email from a subscriber asking can I please explain the types of funds there are and what they mean. So, as concisely as possible I’m going to try to answer this question today.
The endorsement that the people of Dunedin and New Zealand gave a Dunedin chocolate maker this week shows that our interest in a company goes far deeper than simply mixing cacao and milk together.
This week I had another email from a subscriber. When she is checking up on her investment what the heck do the charts and graphs mean?
One of my subscribers sent me an email telling me that I really should look into Sharesight because it is an excellent tool for gauging how my SmartShares are tracking. What? Is my excel spreadsheet not good enough?
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?”
