I hear a lot of people saying, just invest in index funds. You can DIY it through [insert platform here], no need for an advisor! But which index funds, in what proportions, and why? The value that an advisor, specifically an AFA who does financial and investment planning, brings is in connecting your “why” to …
Mostly, we’re here for you to call in a panic when the news says something about a stock market crashing. We’ll try to talk you down off the ledge. Sometimes we succeed. But seriously. There are (currently – some regulatory regime changes are in the works) two kinds of advisors who need to be individually …
I get asked this a lot. How do you choose an advisor and why would you go with one over another? In this post I’ll break down the process of vetting advisors, assuming you’ve already determined that you need one. (For the difference between AFA and RFA, and when to use which, refer here.) First …
In short, yes. My asset allocation is appropriate to my risk tolerance and my situation. Besides this, I have insurances that suit my risk and situation. This does not necessarily make what I did appropriate for you. In fact, it probably isn’t. Your risk tolerance is not necessarily the same as mine, and your personal …
0. Finding each other – you got in contact with me because you think you need a financial advisor – I will send you a primary disclosure statement if requested, or bring it to the first meeting otherwise – a meeting will be arranged 1. Initial meeting (est. 1h) – determine fit: personality match, services …
The answer can be summarised as follows: you say tomato, I say potato, and if we hybridise them it’s poisonous. That’s totally not a reference to marriage, I swear. Really though, your financial independence timeline and results are the same whether you choose to count home equity or not. It’s only the math that differs. …
what is it Long story short, without getting into the why of blockchains, it’s a pokemon card. It’s worth something because enough people say it is, and the value fluctuates based on buy/sell price and nothing else, regardless of the real use of the thing (and some, but not all, cryptos do have a real …
An intro to crypto, from a financial perspective Read More »
Step 1: add to ks step 2: manage ks a) who’s your provider – choose a low-fee provider, because on average nobody’s beating the market in Kiwisaver, and so minimising fees maximises your return. b) what’s your fund – there are many factors that go into this, so don’t take the following as gospel but …
Things that don’t add value As a rule, repairs do not add value to a house, but the need for repairs subtracts equal value from the house. The condition of the roof does not affect value, except when it needs to be done soon. And re-roofing is costly. The same applies to repiling. It pays …
I have a spreadsheet somewhere, but you can get one from your accountant (and you really should have an accountant if you’re buying investment property). Instead let me list just a few factors for your consideration. This is not a comprehensive list but a starting point. Also, decide whether you’re interested in doing upfront work. …
I want to buy an investment property. How do I tell if it’s good? Read More »