Over the course of our lives, there are many uncomfortable questions and conversations to be had. Those dealing with money are perhaps the most persistent and difficult. The repercussions of not talking about our finances can be severe, with negative consequences to our health, wealth and happiness.
"Resilience" tends to be defined as flourishing despite adversity or bouncing back quickly from difficult situations. Financial resilience is often considered as simply ensuring an emergency cash fund is available to cover against unforeseen expenses.
A good adviser doesn't give advice unless it's aimed at improving someone's situation. Ignoring advice will generally come with a self-inflicted penalty. Somewhere down the track, not taking action will be to the detriment of that person or their family.
The Tarzino Trophy Daffodil Raceday on September 1 launches Group 1 racing for the season, bringing the big guns of New Zealand racing to Hastings, to battle at one of the country's stellar racing events.
A power of attorney (POA) can be a difficult topic on several levels, especially for those who don't or won't understand it because they don't think anyone should act on their behalf. Or in the case of an offspring, have their eyes on a financial prize when the elder departs.
Human beings have an astounding facility for self-deception when it comes to their own money. People who make bad money decisions can often rationalise them. Here are 10 common excuses.
Retirement ought to be a happy time. You can set your own schedule, take long holidays, and start spending all the money you've been saving.
Two colleagues went on holiday separately. One had a great time. The other had a miserable experience. Their respective stories provide valuable lessons, not just about taking a vacation, but about investment.
Reece was a fit, healthy young guy with a busy life and a young family. He had an active, physical job as a builder and was a keen sportsman - a yachtsman, cyclist and runner who had recently completed his first marathon. At 38, life was good. Until…
Thousands of bank accounts are frozen. It is now a legal requirement for banks, some investment managers, managed trusts and certain brokers to identify their customers who are foreign tax residents and send their financial information to Inland Revenue.
As part of our financial planning process, when clients have to make important decisions, we like to “stress test” their plan. One of the tools that we may use is a Monte Carlo simulation.
Embarking on a financial plan is like sailing around the world. The voyage won't always go to plan and there will be rough seas, but those who are prepared, flexible, patient and well advised greatly increase the odds of reaching their destinations.
The Financial Markets Authority released its annual survey into the public’s attitude to financial markets. The survey highlights that the least understood investment types are those associated with high risk and 80% of respondents aged 18-29 have a KiwiSaver investment.
It's on TV; it's on the radio, it's in the newspapers and online. It seems everyone is buying it, making money from it or renovating it. The data providers have been pushing down the timing on their price indices from monthly to weekly to daily updates.
Belgium, France, England, or Croatia? Which football team are you betting on this World Cup? If you are a stock investor and an avid football fan, the soccer field can be a good place for a few investment lessons.
When KiwiSaver was established on July 1, 2007, the scepticism it had faced turned out to be unfounded. In a little over a year, more than one million people had signed up.
Private health insurance helps with the cost of many non-urgent procedures and provides prompt access to private hospitals for the treatment.
What if organisations could automate tax classification and verification work that currently takes thousands of man-hours to complete? Or process millions of transaction records within seconds?