Many years ago, I saw a 60 Minutes interview floating around the internet with Jeff Bezos. Interviewer: “Amazon just reached a valuation of $30 billion. That means you’re
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- Author: Money Bren
5% Term Deposits! Should I Invest?
Right now at most banks across New Zealand, you can lock in term deposits for 5 years at over 5% p.a. Are these a good investment? First of
How To Slash Your Grocery Bill To $50 Per Week And Become a Multi-Millionaire
There’s been a lot of talk about food prices in New Zealand. People are saying it’s simply “unliveable” and they can no longer afford to feed themselves. What
Good Debt Versus Bad Debt: What’s The Difference?
You might have heard these terms thrown around. But how do you know if debt is good or bad? The distinction is actually very simple. If you go
$10 Can Build An Empire
Try to think of your wealth as an empire. To build an empire, you require bricks. Think of every $10 note as a brick. You can either spend
The US Government Is In 31 Trillion Of Debt – Here’s How It Affects You
A couple weeks back the US government raised their debt ceiling (the amount of debt they’re allowed to have) again. Had they not raised the debt ceiling, the
Portfolio Update – June 2023
Had a pretty cruisey June. I ran a marathon this month so haven’t been spending much time on anything biz related – most of my time has been
The Best Rewards Credit Card In NZ?
Why Use A Rewards Credit Card? A rewards credit card is a useful way to earn some money back on your spending. Here on this blog we are
Why The Rich Will ALWAYS Stay Rich (And How You Can Too)
Getting rich is not complicated. It’s actually the simplest formula in the world. It comes back to that old phrase – follow the money. Because what does it
How To Generate Income EVERY WEEK On Your Stocks!
KEY POINTS "Covered calls" are a way to generate constant income on your long-term stock holdings with zero risk of additional loss. You earn income by selling call
Options Trading In New Zealand
KEY POINTS Options trading is not popular in New Zealand or on the NZX, but is very common in the US markets. "Options" are contracts that allow you
I’ve opened a position in Paysauce
I’ve opened a very small position (around $1k) on Paysauce at 23 cents in the public portfolio. Paysauce is a NZ tech company which I wrote about in
1.5% Interest?! Buying Japanese Stocks On Leverage
What would you do with a 1% interest rate? Buy a property? Build a new one? Start a business? Buy stocks? With interest rates through the roof these
Interactive Brokers Review: The Best Investing Platform In NZ?
the important stuff Available: All major markets Instruments: Stocks, Options, Margin, Shorts and more. Brokerage fees: Between 1% to 5%. Minimum order: Varies Interactive Brokers is a US
Automation: The Secret To Becoming A Millionaire On Autopilot
Automation is a powerful tool that everyone can use to grow their net worth. By putting systems in place, you can automate your savings, investments, bills, so that
The Bright-Line Property Rule In New Zealand: Are Your Gains Taxable?
KEY POINTS The bright-line rule determines if your property gains are taxable. It only applies to residential property sold within 10 years of purchase, or within 5 years
What Is My Tax Code?
KEY POINTS Your tax code tells your employer how much tax to deduct from your paycheck. All people who have a job in New Zealand require a tax
Will I Be Able To Sell My Niche Site?
I recently talked to a site broker about the new niche site I’m building. My plan is to sell the site eventually, but I figured if I could
Portfolio Update – May 2023
May is in the books and the portfolio continues to tick along with ups and downs. I added about $2,500 to the portfolio during May through the various
Why Is My Ethereum Not Showing Up In Trezor Suite/Ledger Live?
Note: This is an advanced crypto topic on Ethereum troubleshooting. This is a common problem that took me several hours to figure out, but the solution turned out
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