All tagged SuperLife
The Barefoot Investor by Australian Scott Pape is an excellent book and it has been instrumental in changing the financial direction of not just Australians but also of Kiwis. Many people have asked me to work out what the Kiwi equivalents are of the providers he recommends. I’m not saying this is a conclusive list, but I’ve given it my best shot.
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.
Recently I had an excellent question from a fellow Happy Saver who had been comparing SmartShares, SuperLife and Sharesies, not so much to find the lowest fees, but to work out which has the smoothest and easiest system and which one allowed him to purchase shares in the fastest time.
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).
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…
Two weeks ago I was giving away a book The Simple Path To Wealth by JL Collins and in order to win it I asked you to send me an email telling me the most simple strategy you have devised so far to get yourself ahead financially. I was flooded with suggestions and I thought that they were just too good not to share.
Investing is like shopping for toothpaste. There is a range of companies offering a very similar product. There are differences, most of which are minor and you just have to cut through all the jargon and choose an option. If you get too bogged down in the detail it just all becomes too difficult and you will end up doing nothing.
