One Saturday morning last year, my wife and I drove past a man on the side of the road in obvious pain. As concerned citizens we spun the car around and pulled over to make sure he was ok. He was bleeding from his face and […..]
So often self-control is seen as a negative act. Where we are depriving ourselves of something fun or something so good, but oh so bad for us. We are taught from an early age we can’t have ‘bad’ foods all the time, even though we want them. As adults, the list of things that are supposedly ‘bad’ for us grows exponentially. Ironically, these are also the things that […..]
With so many options we can’t always make the best choice. It would require far too much time and effort deliberating even the smallest decisions and then when we make the wrong decision we will beat ourselves up over it. Once we have finished giving ourselves the uppercut then next time we may be too scared to even make a decision at all in fear of getting the bash again [……]
The title may sound a bit strange if you have been following my blog for some time. I am forever singing the praises of saving and investing your money so that you can gain financial freedom and free up your time to do what you want. Time on earth is finite and the more of it we can use on our own terms, the better. In fact, the whole reason I am […..]
Most of the time, index fund investors will invest at regular intervals, such as weekly or monthly. Occasionally though, we may be lucky enough to come across some extra money. This may be from the sale of a house, or maybe you are thinking about starting to invest.
Naturally, this leads to one of the most common investing questions. Should I invest it all at once (lump sum), or spread the contributions out over a longer period of time (dollar cost average)?
A couple of months ago I wrote an index fund series comparing New Zealand’s biggest and cheapest index fund providers for regular investors.
Since then, Investnow have brought out 5 new Smartshare index funds due to customer demand. 2 of the 5 funds are in the index fund series.
The emerging market fund has been introduced with a management fee of 0.59%. The NZ property fund at 0.54%.
Read the linked articles above for more information on the comparisons.
So, how do these new funds compare to the competition and does this change anything?
EMERGING MARKET FUND
Straight into the winners seat. It is not by a huge margin, but still nothing to sneeze at.
How about their new NZ property fund? How does that compare?
NEW ZEALAND PROPERTY FUND
InvestNow comes in hot at lower investing amounts. Superlife overtakes at amounts of over $60,000. Second place for InvestNow is still respectable, as the investing amounts get larger, the Superlife advantage grows.
Superlife has a lower management fee of 0.49% and that is why it improves as the investing amounts grow. The only reason they start off slightly behind, is due to their $12 administration fee. $12 has a larger impact on lower investing amounts than it does on higher amounts.
All in all, some great new offerings from InvestNow, and if you are a fan of their platform you should find some good value in these new service offerings.
The information contained on this site is the opinion of the individual author(s) based on their personal opinions, observation, research, and years of experience. The information offered by this website is general education only and is not meant to be taken as individualised financial advice, legal advice, tax advice, or any other kind of advice. You can read more of my disclaimer here
Welcome to our third reader case study. This is where I encourage you, the readers, to write in with your situation that you want looked at.
I do my best to answer your questions and provide recommendations for your situation. I also encourage you to post your thoughts in the comments sections to help out our subject.
Today, we have Kelly (not her real name) wanting to know how she can start investing.[…..]
have seen people in various online forums, and some of my clients have recently asked, about the impact of capital gains on their investments.
“How will my Kiwisaver be taxed”?
“How much will my rental property be taxed”?
“Will my business be affected”?
We all like to thing we are the king/queen of the basketball court, the best lover and the smartest financial guru. No? Just me? Awkward
We can’t all be in the top 20%. There always has to be a top, a middle, and a bottom. Our chance of winning first division lotto is 1 in 5 million, yet much more than […..]
In the last blog we discussed the results of New Zealand based research of the 4% safe withdrawal rate study. In it we highlighted how big an impact a share market crash can have on whether or not we run out of money in retirement.
I won’t be leaving this this to chance. The first ten years of retirement tend to be the most important indicator of whether […..]
Last week we went over several tricks that marketers use to try and get us to purchase their goods and services. They are very good at getting into our minds and getting us to not think rationally.
Today, we will go over a few tips that may help to overcome the temptations and beat the marketers at their own game.[…..]