Seek Good Advice - If It Looks too Good to be True, It Usually Is

8. Seek good advice – If it looks too good to be
true it usually is.

Of course we are going to say this, because it is what we do.  But we really have seen the difference.  Remember, your adviser lives and breathes what is happening in the investment, insurance and financial planning worlds.  We know that the trends are, what the issues are that are coming up, we monitor changes in legislation that will impact you.

We have access to investments that you can’t access directly on your own, and we monitor your financial solutions continually.

Because we work with a number of clients, we have an intuitive feel for whether what you want to achieve is going to be possible, but we also have the knowledge and skill to model out the options for you.  Our experience also means that we can suggest options to you that might work better for you.

With our accumulated 80+ years of experience working in the financial industry, we have seen lots of good investments and some bad investments.  We have learned about some of these by recommending them to our clients – we have learned from our mistakes.  We have the tools to spot a scam, or a fraud, or even the issues with something that does look good (for example, how are you going to make money out of that investment, and more importantly, how are you going to take money out of the investment.)

A golden rule is that ‘if it looks too good to be true, it usually is’. No matter how convincing the sales person on the phone from overseas is….

Questions about your KiwiSaver and Insurance under the Covid-19 environment?

Insurance policies All of the insurers that we work with and that our clients have insurance in place with (Life, Trauma, Income Protection/Mortgage Repayment and Health/Medical insurance) haveRead more

It is time in the market - NOT timing the market - the role of Finology in investing

It is tempting to stop making regular investments into markets when there is volatility and you hear the media pronouncing that the markets have 'crashed', 'plummeted', 'plunged', or even when theyRead more

Investment Markets and Recent Fluctuations

You will have heard comments in the media recently that the stock-markets have ‘had their worst day since the Global Financial Crisis in 2008’.  You may have noticed that your KiwiSaver andRead more

Warning to DIY investors investing in foreign investments

New Zealand is a nation of Do It Yourselfers.  From the queues at Mitre 10 and Bunnings, to people managing their own investments because they can do it better than a professional. Although we DIY Read more

Fast fashion and the impact on the environment

As our society becomes more socially aware, it is becoming clear that 'fast fashion' is a major contributor to not only landfill, but also as an intensive user of resources. As many of you will recaRead more

Building or Renovation insurance - who is responsible?

Is it you or is it me? Who covers what when it comes to renovating or building? Is it the Owner or the Builder? This is a question that is often raised late in the piece when considering buildingRead more

Airbnb Tax Crackdown

The shared use economy has seen a plethora of homes turned into Airbnb’s and of vehicles turned into ‘uber’ taxis.  While this has changed the way that many people travel, a number of the owneRead more

Dart Throwing Monkeys - can they do better than active investment managers?

In December 2019, Kiwi Wealth released a research report analyzing the actual returns of tracking ‘passive’ investment funds, versus random ‘dart throwing monkeys’ versus ‘active’Read more

The Sky City Fire - who will pay the bill?

The Deconstruction of a Fire At 1:15pm, Tuesday 22nd October a fire broke out on the roof of the New Zealand International Convention Centre in Auckland. Close to 100  construction workers were onRead more

Rental income - new ring-fencing rules

The rules for reporting rental income have changed from the 2019-2020 income year.  This means that you can’t offset losses on your rental properties against other income and new rules apply toRead more

Enduring Power of Attorney - why you need to put them in place

These documents are often associated with ‘old’ people, who are losing their mental capacity.  And yes, we agree, having Enduring Powers of Attorney in place are very important at that stage ofRead more

Using an adviser adds more than 5% to a client's portfolio

Research recently carried out in New Zealand by Russell Investments, recently confirmed the findings in the USA and Australia, that using an adviser can add 5.2% pa to a clients portfolio returns.Read more
 

This product has been added to your cart

CHECKOUT