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Tag Archives | finance nz

Focus on the Horizon

When I was young, I used to go fishing with my father in his boat. Not being much of a sailor, I often succumbed to the motion of the waves when there was a big swell. All I wanted to do then was to get my feet back on firm ground. I still remember the advice my father gave me to help me last the distance back to land.

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Posted in General, New Zealand 0 Comments

8 Steps to Financial Freedom (Part 2)

Last week we looked at the first four steps you need to take if you want financial freedom; something that most Kiwis aspire to. They were: (1) Spend less than you earn; (2) Join a subsidised superannuation scheme;

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Posted in Finance 0 Comments

Ten Questions to Find Your Passions

One of the keys to success in life is the ability to find your passions. It is almost impossible to achieve financial success without clearly identifying your goals in life, and your goals are determined by your passions. The simplest method I have found for finding your passions is one developed by Janet and Chris Attwood (The PassionTest: The Effortless Path to Discovering Your Life Purpose).

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Posted in Finance, New Zealand 0 Comments

Explaining Investor Behaviour

The recent receivership of Ross Asset Management has been yet another lesson in investment behaviour. Only further investigation will determine whether anything untoward has occurred, however whatever the outcome of that investigation, investors in the fund will now be nervously waiting and considering the wisdom of their decisions.

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Posted in Finance, New Zealand 0 Comments

Out of a Job

As the global recession worsens, businesses will shed staff or close down altogether and unemployment is expected to double. It’s not going to be a happy year. Not only will there be fewer jobs available, but there may also be more people seeking work.

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Posted in Finance, New Zealand 0 Comments