I have yet to write a piece lauding the opportunity presented for everyday investors by the property market. Why? Because it simply does not make sense for many people to pin their entire financial future on assumed returns from real estate.

Another quarter down means a flurry of new stats about the economy – and, amidst what Business NZ has deemed ‘mediocre’ growth, it seems we’ve lost our mojo too.

On the cusp of my 25th year at Stewart Group, I have found myself reminiscing on what I’ve seen in the financial world during that time, and a few financial lessons proven along the way.

As a financial adviser, I am frequently asked to explain what Gross Domestic Product (GDP) is, why it is important, and why maintaining a positive GDP is crucial.

Buddhism’s hungry ghosts (or pretas) are tormented by their own desire, which can never be satisfied. They are always starving for more and can never consume enough to be satiated.

Luck is a fickle thing - and good fortune is difficult to repeat. Say one of your friends won this weekend’s must win $50m Lotto jackpot, and you decide to try and copy their behaviour to score your own big win.

Times are tough, and the media frenzy leading up to Budget 2024 reflected the big questions many had in their minds – would the Coalition Government deliver on their promises?

Plenty of people love reality shows. What makes them so compelling is how messy they are – and the idea that these are ‘real people’, or at least unscripted scenarios.

Humans are exceptionally good at recognising patterns. It’s an involuntary skill we have picked up through millennia of evolution – the ability to recognise what was good or bad last time, and act accordingly in the future.

In the world of financial advice, one thing that has become clear over the years is that people are afraid to do the wrong thing with their money. In fact, there’s a lot of fear around money in general.

Being ‘rich’ and being ‘wealthy’ are not so synonymous as you may think.

Being considered ‘rich’ typically means you earn a high income, and may have the kind of lifestyle associated with high spending. Money comes, but money also might go on keeping up with the Joneses.

With ‘the roar’ season peaking there is another stag to consider: Is stagflation in New Zealand a looming concern for 2024 - 2025?

Holding property does not make you wealthy.  In fact, it can cost you quite a bit. Wealth, by true definition, isn't about one's worth, but about enjoying a lifestyle of choice without worry.[i]

Inflation will always drive-up prices, though the pace at which it impacts our wallets has been particularly rapacious in recent times.

When it was revealed the tax rate on trustee income would be increased from 33% to 39% from 1 April 2024, there were understandably a few feathers ruffled.

As mortgage arrears surge to pandemic-era heights, it’s time to return to the old chestnut of owning property as ‘investment’.

In the intricate world of financial services, trust is the bedrock upon which relationships are built, decisions are made, and success is achieved. But what exactly constitutes trust?

Most of us likely understand wholesale to mean ‘cheaper than retail’.  Wholesale stores usually sell to other stores rather than directly to customers, so buying at wholesale price typically means saving a few bucks on the retail markup that stores would use to make their profit.

Those looking at the history of blue chip stocks as indicators of their future success only need remind themselves of Constantinople

There is little love to be found in any financial or business headlines lately. Profits are down year on year for household name companies.