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.
All in Investment
Compound Interest. MAGIC!
If you were given the choice of receiving $1,000,000 after 30 days OR 1 cent doubled in value every day for 30 days. Which would you choose?
Updates and Things of Interest
A bit of change this week! I’ve curated this post with a few updates and interesting things for you to check out.
Is Commercial Property Investment a good idea?
More people than I can count ask me whether I would buy a rental property, by which they mean a single house which I would rent out. Buying a slice of the commercial building rental market is a much more interesting proposition.
Explain that graph!
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?
Part 2 - SmartShares for Kids!
Last week I wrote about how I had moved my daughter's investment from an ANZ Managed Fund to SmartShares. I was pretty happy with my decision. After I had made the switch I received a number of comments from my super clever subscribers and they said I had made a bit of an ERROR in going with SmartShares instead of SuperLife for my daughter.
SmartShares for Kids!
The one thing that is missing on the busy school calendar is of course learning about money management. For sure they learn how to add, subtract, multiply and divide but they don’t learn how to budget, live within their means, save and invest. Where are the kids going to learn about this stuff then?
GOLD - A wild ride!
The thing I have learnt about gold in the last year and a half, that I would not have learned if I had not dipped my toes in the water and actually bought some is that gold is EXTREMELY volatile. Investing in gold is like share trading on 10X speed; everything moves so FAST.
Why save, plot and plan for my financial future?
I’m actually not in search of money, I’m instead searching for HAPPINESS. And despite the well worn phrase “money can’t buy you happiness”, I disagree. The two are interlinked and have a symbiotic relationship.