‘Financial Planning’ Archives
Case Studies »
I thought I would start posting some real life case studies here from plans I am creating. Obviously all no information will be provided that could identify a client. I will provide interesting facts which may cause folks to stop and think, things like the calculation of how much tax the client would pay between now and when they retire if [...]
2010 Predictions »
It is always difficult to predict the next twelve months but some trends are starting to emerge and some earlier predictions are coming true. I believe house prices, in the main centres, will continue to appreciate, especially Auckland which has already started to occur. This is due both to supply and demand. There are less new dwellings [...]
A First For Australia »
The following is huge news for Australia. As you will see by reading the article Property has not been something Financial Planners in Australia could traditionally recommend (unless like me you also had a full real estate license). Property investment specialist "Quantum Group" has launched a real estate product for financial planners to [...]
Investing Lessons from Golf and Blackjack Players »
By Robert Huebscher The Lehman bankruptcy, which occurred over a year ago, was the nadir of a financial crisis brought on by excessive risk-taking throughout the investment industry. Naturally, reigning in risky behavior has been in vogue since, and regulators are hard at work trying to do just that wherever possible. Sometimes, however, the [...]
Consumer report questions answered »
Today I read the following article which had some responses to the mystery shopper article about Financial Planners. Personally the responses from the advisers shows why exactly we need to have better regulation in NZ. In Australia you would be able to present the kinds of documents that the advisers had which means it would not have been an [...]
Sound Financial Advice »
Again this is something that I think New Zealand has a long way to go with however it is difficult when people who need the advice the most will not pay for it but end up paying for it in financial losses instead. It is an expensive business to be in Financial Planning. I have done the usual and made my comments in the following article [...]
A Dream World »
The ability to articulate your goals is an important part of Financial Planning. You see we create a Financial Plan to help us determine where we want to be at any particular point in time and part of wanting to be at a particular financial position as a particular time is because we have goals and dreams that we want to achieve, otherwise why [...]
Fractional Banking »
This is an excellent albeit simple explanation of the fractional banking system I found in a joke column. ********** It all started with my friend John. He had $100, and I had a nice big safe, so he asked me to store it for him. Next thing I know, my friend Bob asked me if he could borrow $90. I'm a kind person, so of course I said yes, [...]
Some Mortgage Brokers May Need To Become Authorised »
Financial Adviser Code Committee Proposals & Roadshow - Some mortgage brokers may need to become authorised Proposed minimum standards of competence, knowledge and skills for authorised financial advisers (AFAs) were released last week. The Securities Commission and the Code Committee also conducted a consultative roadshow in the main [...]
RIPOLL INQUIRY »
This is an interesting article I received today talking about the changes that are occurring in the Australian Financial Services industry. I find it interesting that NZ is going through a similar transitional period and therefor I take note of what is occurring in Oz as the odds are in favor of NZ following suit in many areas. A review [...]
