All in SmartShares
Investing is like shopping for toothpaste. There is a range of companies offering a very similar product. There are differences, most of which are minor and you just have to cut through all the jargon and choose an option. If you get too bogged down in the detail it just all becomes too difficult and you will end up doing nothing.
I have been chipping away at buying into the SmartShare fund NZ Top 50 (FNZ) for 14 months now. Statistics out recently tell me that this is the most popular of their funds so I’m moving with the crowd and many small time investors like myself are getting involved it seems. Today I am trying to find the answer. Is it worth it?
Back in July 2016 I helped Mr Happy Saver hook up with some SmartShares. He only bought a very small amount because it was always my intention to use it as an experiment to blog about. Today is sale day!
It is important to track your net worth. How else can you know where you are financially so that you can plan for the future? The most important thing is to understand your financial position today so you can be moving in the right direction.
It is time for another quick look at Smartshares. What happens next? YES index funds ARE that interesting! So here is the next instalment...
A Bond is a loan you make to a government, state owned enterprise, council or company. Perhaps they have a specific project they are working on and they need to raise some cash to do it.
I am a customer and shareholder of Meridian but have never attended a shareholder meeting so I thought it was worth the one hour drive to check it out. And as predicted by my father and law, the catering was excellent!
It is 5.30am on a Tuesday morning and I have woken up with clear intentions. Coffee and investing.
Now, if you are going to become an investor you kind of need to know what on earth they are talking about, at least a little bit.
