@GarethHooton Sorry for the reply we've been a bit quiet (absent) on here recently! Not sure exactly what you mean - are you imagining like from a bank, or from Simplicity, or how would that work?
English
Simplicity NZ
924 posts
Simplicity NZ
@SimplicityNz
NZ's nonprofit KiwiSaver Scheme. 100% online and Kiwi-owned. Switch in 2 minutes or join our Investment Funds outside of KiwiSaver.
Auckland, New Zealand Entrou em Mayıs 2015
153 Seguindo1.1K Seguidores
@SimplicityNz It it possible to take a loan against your Kiwisaver?
English
Where have those loud Crypto guys gone...
Ramit Sethi@ramit
If you're under the age of 35, pay close attention to this market to train your investment intuition * Crypto guys have vanished * AirBnB/RE passive income are getting quiet * Many pivoting to creator agencies This is what happens when hype dies. Now watch what happens next
English
Couldn't agree more. They say that the most successful growth strategy can often be the most 'boring' one.
Friends That Invest@_friendsthat
Less than 1% of overall crypto users made $1M (only 88k people) The hype of making money quickly is appealing, but it rarely works. The true way to grow wealth is slowly and steadily through investing your money and upskilling in your career/business.
English
@five15design @essigna @NZMorningReport 100% agree. Sam spoke about this more this week on Good Returns (check out our tweet just now); some big opinions from Sam in there.
English
@essigna @SimplicityNz @NZMorningReport My problem isn't with the announcement, but the implication that it's not already happening.
They keep announcing policy for things that exist already.
I really like Sam.
English
It's also moronic in that it's already happening.
My @SimplicityNz KiwiSaver is diversified over many areas.
It's fell good, chest beating, economic gobbledygook designed to impress those who think by voting for National they're somehow going to become rich.
Emma Vitz@EmmaVitz
It's a bit odd seeing National suggest we allow people to split their Kiwisaver's amongst multiple providers given how much effort is spent in Australia getting people to consolidate their super
English
English
@five15design @SimplicityNz @NZMorningReport Agree re National announcing already exisiting policies. Really like Sam and Simplicity NZ too. 👍🏽
English
@shanners81 @five15design Love it, thank you for your support. Makes it feel all the more worth it, hearing feedback like this!
English
& when National talk about diversifying your KiwiSaver (wasting everyone's time & money except ticket clippers), they don't want you to know ethical KiwiSaver companies like @SimplicityNz are doing things like this.
Simplicity NZ@SimplicityNz
Our very first Simplicity Living apartments will be available to rent this month - milestone moment! Check out the brand new Kupenga apartments (and register your interest, if you're looking for a great long-term, Auckland rental!) via the link below: simplicityliving.kiwi/find-your-home…
English
@pwapwap Totally understand your POV. In reality though, as a predominantly passive index investor, we can only exclude companies that fall outside of our ESG and ethical screens set by Bloomberg. That said, that may change depending on how bad Fox get...!
English
Politicians just "don't get KiwiSaver", says Sam Stubbs in his interview this week with Good Returns - with both parties' policies disappointingly tinkering around the edges:
vimeo.com/855207387
English
"Buy and hold", "buy and hold"... (*gets out the looping machine*)
Has a nice chant-y ring to it, don't you think?!
We like it 😎
English
A couple of weeks ago, we reached a milestone of $5 billion of funds under management.
That's super special to us, because it means a whole lot of people choosing a low-fee, ethical way to invest where they can make money AND do good. Taking a moment.
English
You need a bank... They (really) don't need your KiwiSaver account.
Despite the proliferation of low-fee, innovative fund providers out there, why do you think there are so many who still remain with their bank's KiwiSaver option?
English
Simplicity NZ retweetou
Something sparks inside you when you talk to passionate people.
It doesn’t even matter if you share that passion but seeing it in their eyes as they talk, makes you feel it and want to be a part of it as well!
Surround yourself with these people 💭
English
Do you know how much you're actually paying in KiwiSaver fees...?
Over your working life, you could pay over $60,000 in fees alone (according to sorted.org's fund finder tool). Try comparing that to your household bills! You might just be surprised...
English
After several requests from members, we've compiled a list of commonly used investment terms along with simple explainers, which will hopefully help demystify some of the jargon around investing 🤓
Head to our blog to check it out:
simplicity.kiwi/learn/updates/…
English
@GarethHooton Correct - but obviously it's always announced with a lag effect. And on that note - who knows whether we're "in a recession" right now, hey...
English
@SimplicityNz So *technically* we've been in #recession since October 2022...
English
Yesterday's announcement shows NZ now technically in #recession, joining many other nations globally. But how does this come about?
GDP fell by 0.1% in the first 3 months of 2023. last quarter it fell by 0.7%, and 2 consecutive quarters of negative economic growth = recession.
English
Thanks to the power of compound interest, if you invested $20 a week at 4.5% return, you'd have $47,363 after 25 years. It's about time in the market.
English
Why you'll hear over and over again that past performance is not an indicator of future returns:
"In the business world, the rearview mirror is always clearer than the windshield."
English
Savings tip:
Add up all the money you’ve saved by giving up things you don’t need, and make a point of using this calculated amount to increase your family’s wealth: Pay your mortgage faster, or deposit it into wealth-generating savings, such as your KiwiSaver account.
English
Invest in education. How many years' study you have, and how well you're paid, are closely linked.
Research in NZ showed that a university degree is worth around $1.3M extra in lifetime earnings. Some would say that makes the dreaded Student Loan worth it...
English