Warren Buffet Investment Quotes
If you have any thoughts or opinions that you would like to share, visit us at our Twitter, Facebook or Linked In pages, and comment. For more blog entries that you might be interested in: How is your KiwiSaver going? What is a ‘Balanced’ KiwiSaver fund? Research shows KiwiSaver investors are irrational in chasing non-recurring…
Tax refunds, what is the risk that you owe IRD money if you do a tax return?
We have all heard stories about people getting into trouble with the IRD, and owing tax and penalty interest. Some of the situations where this may happen include: 1. Setting up in business and not setting aside enough of your income to pay GST and tax. 2. Getting Working for Families paid on a regular…
Are investors getting too greedy with fixed interest again?
Before the Global Financial Crisis (GFC), New Zealand had it’s own meltdown with Finance Companies. Everyone learned a lot of lessons about the relationship between risk and return. The higher the risk, usually the higher the return. OR – easier to remember, the higher the return, usually the higher the risk. But things get distorted…
Birthdays and delayed gratification – why is it important?
One of the wonderful things about having good friends is that we are all different and have different experiences. In my family, the birthday tradition was that the children would get up early and make Mum and Dad a cup of tea and we would all pile into the bedroom to get and give birthday…
Is your ‘stuff’ properly insured?
About every five years, we do an annual project with our Membership Fee clients to make sure that their ‘stuff’ is properly insured. We are not house and contents insurance specialists (but we do refer our clients to a terrific specialist insurance broker.) When we do the project, most of our clients end up increasing…
Are you liable for USA tax? Do you have a USA Tax number?
Do you know about FATCA? FATCA is the Foreign Account tax Compliance Act and is a 2010 USA law that impacts on many people around the world. It is part of the US authorities strategy to stop tax evasion, but affects many people. FATCA started affecting New Zealanders on 1st July 2014. The new law…
Travel insurance and credit cards – Important to read if you rely on your credit card travel insurance
For many years, we have had a Global Plus credit card that has provided us with travel insurance whenever we travel for leisure. No cover for business travel, no cover after 90 days, but I have read the terms and conditions and been very comfortable with the cover that we have had available. In fact,…