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managing both residential and business finance
without any focus on our remuneration"

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Buying a home in New Zealand (With a Christchurch Flavour)

Owning your own home is still the Kiwi dream. Here are some things you may need to think about before you embark on this journey.

Responsible Lenders

I have been a Budget Advisor for over 20 years and have over 38 years in the finance industry. 22 of these years were with a bank transitioning away, as has been the trend, from the established ‘service focus’ to a ‘sales focus’, loyalty of customers became irrelevant and it was, for the banks, all about entanglement. We were informed that a customer who had one of two accounts with the bank would find it too easy to change lenders, whereas the customer who had accounts, insurance, loans and anything else the bank was able to ‘sell’ to the customer, were ‘stuck’ to the bank/lender. The untangling involved in changing providers would just become too daunting for them to contemplate.

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Bubbles and Property Cycles

Property Cycles & Bubbles

With the rapid rise in value of Auckland property over the preceding years, a lot of comment had been made that this was a financial bubble situation.

We take this liberty to explain just what an economic bubble is.

Bubbles, what are they, what creates them and how do you protect yourself from them, particularly when it comes to property investing.

Google suggests an economic bubble (sometimes referred to as a speculative bubble) is trade in an asset at a price or price range that strongly deviates from the corresponding asset's intrinsic value (intrinsic value refers to the value of a company, shares, currency or product determined through fundamental analysis (what can the item earn you or save you i.e. no more rent to pay out) without reference to its market price). It is also frequently called fundamental value.

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Is Your Business Suffering from F.T.T.?

There is no official consensus on what constitutes Failure To Thrive (FTT) in humans and also in a business. But it usually refers to a business whose growth is below the expected standard of return on investment, profitability, sales and it struggles in its ability to pay its way.

Failure to thrive in early start-up of the business sometimes results in closure, and in older businesses is an important marker of underlying issues. There are many causes of failure to thrive including a lack of a vision leading to drift or directionless actions, system and process deficiencies, and undiagnosed poor trading performance disease.

A specific type of failure to thrive is sometimes seen in abandoned or institutionalised business methodology which seems to cause owners to "give up" and become robotic and unwilling to take action. It is assumed that this phenomenon is emotional in nature, although other factors may also be at work.

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Renting versus Renting

It has long intrigued me that the banks and media have a fixation about long term loans especially loans over fifty years and "shock horror" interest only. Yet renting a property for a life time is accepted as reasonable behavior!
What I would like to suggest and explain is that in the long term it would be better, more economical even to rent money than rent a property.

Download this file (Renting versus Renting Nov 15.pdf)Renting vs Renting162 kB

Buying A Business

There are two major phases involved in buying a business: Obtaining the vendor information and the negotiations (which should start after you have had discussions with your professional advisors).

Download this file (Buying_a_Business.pdf)Buying a Business131 kB

Latest News & Articles

27 Mar 2018

https://youtu.be/aqGZU9WTNN0 Creating a budget is not as hard as you think

Good versus Bad Debt
27 Mar 2018

Did you know there are two kinds of debt? https://youtu.be/_61SA6je4ec

Do you have a will?
27 Mar 2018

https://youtu.be/wgnKnLFxncE A will is one of the most important documents you will ever sign. Do y [ ... ]

Retirement and KiwiSaver
26 Mar 2018

You are never too young to start saving for retirement.   https://youtu.be/FoCCDdOP6O0 W [ ... ]

Responsible Lenders
27 Jun 2017

I have been a Budget Advisor for over 20 years and have over 38 years in the finance industry. 22 of [ ... ]

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