The inflation rate is a measurement of the average cost of items which are closely monitored by the department of Stats. The prices movements of around 400 items are measured to establish the annualised inflation rate. The rate is watched closely by the Reserve Bank...
At the recent passing of a very wealthy client I spent time reflecting on of what money was all about. He had a very sizeable estate which was left to his two children as he had just lost his wife to a terrible disease shortly before he died. All he had at the end of...
Financial Independence is achieved when your investments reach a point where they can generate sufficient income for you to live off. It puts you in a space where you don’t need to earn an income any more. It empowers to do the things you really want to. Many of us...
When deciding upon an investment the main aspects to consider are: Risk – the possibility of losing capital. Return – the yield of the investment over time. This could be interest from cash deposits or bonds, rental income from property or dividends from...
Investing is a deliberate approach to making the most of your money over a specific period of time.Your investments should be balanced against your lifestyle needs – both present and future. For example, if you have a life changing event in the short term such as a...