Episodes

  • It's easy to view the world through your own experience - often we see things as WE are, not as they are. Living in a first world country we perhaps have a slight fog on our lenses around how difficult it may be for those in other countries who do not have access to the same things we do.

    We know this is true in terms of freedom, enough food to eat, security and life expectancy, but what about access to financial services. Bitcoin, the digital money for the digital world, has provided (and is increasingly providing) a lifeline in many jurisdictions worldwide. As some of us dismissed Bitcoin a couple of years ago, it's adoption has marched on.

    Andy Pickering, editor and Brave New Coin and host of the Crypto-Conversation, joins me and my co-host Jaret Lang, to discuss.

    We're covering questions today like:

    What is Bitcoin?

    Why should I even care about it?

    Is Bitcoin dead?

    Are we Bitcoin 'investing' or 'speculating'?

    We also throw Andy's trademarked 'Crypto-Hot-Take' quick-fire question round back in his face with some surprising results.

    For those of you also who are sci-fi fans, Jaret and I discuss the most powerful and creative Canadian sci-fi film every made - THE MUTANTS OF 2051 AD !

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    If you want to make a start with Bitcoin, Darcy uses Vimba, a service provider listed on the FSPR registry - check it out via this link and a small portion of the fee charged will go towards supporting the NZ Everyday Investor Podcast.

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    Like what you’ve heard?

    You can really help with the success of the NZ Everyday Investor by doing the following:

    1- Tell your friends!

    2- Write a review on Facebook, or your favourite podcast player

    3- Help support the mission of our show on Patreon by contributing here

    4- Search for The Everyday Investor on YouTube

    5- Sign up to our newsletter here

    NZ Everyday Investor is on a mission to increase financial literacy and make investing more accessible for the everyday person!

    __________________________________________________________________

    Where to find Darcy Ungaro:

    Ungaro &Co (registered) financial advisers

    Facebook: https://www.facebook.com/UFinServ/?ref=bookmarks

    Instagram: https://www.instagram.com/ungaro.co.nz/

  • Those with the gold, make the rules!

    There are significant benefits in the area of direct commercial property investment. Higher rates of return, greater opportunities to increase property value by augmenting lease terms, the tenants pay for everything...to name just a few.

    There are also significant hurdles to overcome. Having a much larger deposit (like 35%), paying higher interest rates, and tighter lending rules overall are just a few of them.

    More often than not, mainstream banks are saying 'no' to commercial property investors. Is this because it's a bad idea? Not necessarily, but there are more risks and against a backdrop of increasing conservatism, borrowers need to be open to having a broader discussion with lenders who are not 'mainstream'

    Simon Paris joins me on this episode to discuss some of the rules that mainstream banks have and how they differ to non-banks.

    Like what you’ve heard?

    You can really help with the success of the NZ Everyday Investor by doing the following:

    1- Tell your friends!

    2- Write a review on Facebook, or your favourite podcast player

    3- Help support the mission of our show on Patreon by contributing here

    4- Search for The Everyday Investor on YouTube

    5- Sign up to our newsletter here

    NZ Everyday Investor is on a mission to increase financial literacy and make investing more accessible for the everyday person!

    __________________________________________________________________

    Where to find Darcy Ungaro:

    Ungaro &Co (registered) financial advisers

    Facebook: https://www.facebook.com/UFinServ/?ref=bookmarks

    Instagram: https://www.instagram.com/ungaro.co.nz/

  • Often the 'middle' get over-looked when thinking about who needs financial advice. Sure, many 'middle class' people are in good shape relative to those drowning in short term debt and spiraling out of control - but often this group of people have aspirations to do more, but struggle to get their act together. There could be many reasons for this, but perhaps they simply have not gone through financial puberty yet.

    Having a good income does not equate to having wealth - in fact, it's odd but often those with good income 'leak', and fall behind right when it's critical to leap ahead.

    Tom Hartmann joins me again in the studio to pick up the conversation we started last week.

    If you find yourself financially left behind, have a think about one thing that you could do to turn your ship around. Often a series of not-so-awesome decisions put you into your current position. What could get you out of it could simply be a series of better decisions - there is hope. Perhaps for you simply doing a budget is all you need to do. If so, check out this budgeting tool from Sorted.

    Perhaps you've left investing a little too late and assumed that it was something that only really wealthy or smart people do. The wealthy bit will take some time to grow, but perhaps you do need to increase your smarts a little (if you're reading this I think you're doing well already though!).

    The great news is no matter where you are, you can make some good decisions today...you can learn something more today...and maybe even start to take action today too.

    Hope you've enjoyed this episode.

    What do you think of these shorter episodes? Let me know. If you like them longer, don't worry, next week will be longer I promise!

    Like what you’ve heard?

    You can really help with the success of the NZ Everyday Investor by doing the following:

    1- Tell your friends!

    2- Write a review on Facebook, or your favourite podcast player

    3- Help support the mission of our show on Patreon by contributing here

    4- Search for The Everyday Investor on YouTube

    5- Sign up to our newsletter here

    NZ Everyday Investor is on a mission to increase financial literacy and make investing more accessible for the everyday person!

    __________________________________________________________________

    Where to find Darcy Ungaro:

    Ungaro &Co (registered) financial advisers

    Facebook: https://www.facebook.com/UFinServ/?ref=bookmarks

    Instagram: https://www.instagram.com/ungaro.co.nz/

  • It's easy to assume those who are wealthy are 'lucky'. Lucky enough to have great parents, go to a good school, get a good education then a good job. In reality, true financial capability comes from keeping your eye on the prize - forgetting the past and driving clear on into the future.

    Tom Hartmann, managing editor at the CFFC (Cat Frog Frog Cat, or more accurately, the Commission For Financial Capability), is joining me to discuss.

    Currently, retired people cost NZ $38m per day - that figure will double before we know it. NZ is not a huge country, but we have a rat moving down the throat of a snake when it comes to the seismic demographic change to come. We have, or will have, a superannuation crisis. You can disagree over this, but for many, government super is a not a huge amount to get = $21,380 pa - that's only 43% of the average income in NZ. Already, we are seeing retired people live in poverty, and this is going to get worse. This 'not enough' amount we'll get in retirement could already be unsustainable for our government in the future too. What do we do when the cost of providing this exceeds the benefit it was designed to provide?

    The CFFC is actively involved in helping Kiwi's build financial capability, and their work via the Sorted website testifies to this. It started out as a free and unbiased resource but now, it's evolving into something that is a force for change. Initiatives like 'Sorted in Schools' and 'Sorted at Work' are two examples of how they are pivoting with targeted initiatives designed to create change pro-actively - this is awesome to see.

    So, the problem? As a country, and as individuals, we all have to deal with a retirement crisis that will arrive at some point in the not too distant future. Let's talk about it for what it is - a huge problem.

    The current solution? Education is one of the solutions and the more that's out there the better. Much of the free content out there however, and no one is innocent here including myself, often acts like more of a 'sales funnel'. Great information, but designed to sell a providers solution or even a certain set of ideologies. The only true un-biased content is often built for the general audience only and may not in fact, be fit for purpose for the reader. Financial advisers are a great resource, but often it's only accessible to a very small portion of society.

    The best solution? I don't think I've seen it yet to be honest, but the CFFC and Sorted as a resource in particular, is moving in the right direction. No matter where you are at your wealth-building journey, there's a huge amount of content you should check out there.

    The best solution to address our retirement crisis is not currently apparent to me though. Information is not enough, unless it leads to a change in behavior. I suspect that not until we see a closer working relationship between private sector initiatives with public sector governance, will we see a solution that's effective for the majority of Kiwi's - the important thing here is that we're moving in the right direction though.

    Tom is with me for two episodes so hang in there, because next week we're covering even more ground.

    Like what you’ve heard?

    You can really help with the success of the NZ Everyday Investor by doing the following:

    1- Tell your friends!

    2- Write a review on Facebook, or your favourite podcast player

    3- Help support the mission of our show on Patreon by contributing here

    4- Search for The Everyday Investor on YouTube

    5- Sign up to our newsletter here

    NZ Everyday Investor is on a mission to increase financial literacy and make investing more accessible for the everyday person!

    __________________________________________________________________

    Where to find Darcy Ungaro:

    Ungaro &Co (registered) financial advisers

    Facebook: https://www.facebook.com/UFinServ/?ref=bookmarks

    Instagram: https://www.instagram.com/ungaro.co.nz/

  • It's still property investment, but unless you've done it before, it's not what you think it is.

    In an environment of lower returns on investment across many asset classes and property in particular, in order to get a good return, you have to factor in the expected capital gains. With residential property, there's generally a trade-off between getting a good yield (good rent relative to the value of the property), with expected capital gains. An Auckland 3 bedroom home may go up in value nicely over time, but a property in say Hamilton, may provide a better yield.

    Commercial property is different:

    The tenant usually pays for all outgoingsYou can influence the value more directly by improving the lease termsAccess to lending is often a bit tighter, and more expensiveVacancies can last longer, but there could be more certainty with cash flow over time

    On the whole, there are more positives than negatives and it's a true-ism that residential property investors often 'grow up' to be commercial investors later on. I can see why.

    There is, however, a huge elephant in the warehouse here - the barriers to entry are higher with commercial . Not only do commercial properties often cost a lot more than residential, but if purchasing direct, you have to have a much higher deposit to even get a foot in the door.

    Jack and Brandon have a broad discussion with me around the benefits of commercial property as well as touch on some different ways you can partake in this investment: Direct, through a syndicate and through a fund (unlisted or listed).

    We've discussed listed property funds already on the show with Dean Anderson from Kernel and also with Di Papadopolous from Booster if you want to check that out also.

    This is a must-listen for anyone thinking of getting into a commercial property at some stage. Newland Burling, the company Jack and Brandon work for, also do a commercial property master class and it's a worthwhile exercise to head along - let them know you found them via this podcast. You won't get a deal but you'll be the teacher's pet!

    Like what you’ve heard?

    You can really help with the success of the NZ Everyday Investor by doing the following:

    1- Tell your friends!

    2- Write a review on Facebook, or your favourite podcast player

    3- Help support the mission of our show on Patreon by contributing here

    4- Search for The Everyday Investor on YouTube

    5- Sign up to our newsletter here

    NZ Everyday Investor is on a mission to increase financial literacy and make investing more accessible for the everyday person!

    __________________________________________________________________

    Where to find Darcy Ungaro:

    Ungaro &Co (registered) financial advisers

    Facebook: https://www.facebook.com/UFinServ/?ref=bookmarks

    Instagram: https://www.instagram.com/ungaro.co.nz/

  • Democratisation - the action of making something accessible to everyone.

    Giving the person with 1 cent the same opportunities as the person with $1m is one of the foundation principles used by the founders of Sharesies to bring their product to the market.

    Traditionally, would be 'wealth-developers', have been locked out of investing unless they had significant sums to invest. It just wasn't possible or if it was, it wasn't cost efficient. Sharesies pioneered the practice of 'fractionalisation' with investing, enabling more people to come to the party with what they had. The result? Over 70,000 Kiwi's now have a Sharesies account and the average balance is sitting at over $2k each.

    It's been over a year since I caught up with the Sharesies team and a lot has happened since then. Yes there are more players in this space, with Kernel Wealth, Hatch, and Invest Now to name a few. The good news is that the 'pie' of everyday Kiwi's playing the game is growing.

    Focusing on the everyday investor, Sharesies enables those with smaller amounts to invest in not only exchange traded funds, but now also shares listed on the New Zealand Stock Exchange (NZX). This is massive.

    The other thing Sharesies does incredibly well, is that it allows an account to be set up for children. From personal experience I have struggled to teach my kids about investing, but having this tool is a great assist.

    If you would like to learn more, check out sharesies.nz

    _________________________________________________________________

    Like what you’ve heard?

    You can really help with the success of the NZ Everyday Investor by doing the following:

    1- Tell your friends!

    2- Write a review on Facebook, or your favourite podcast player

    3- Help support the mission of our show on Patreon by contributing here

    4- Search for The Everyday Investor on YouTube

    5- Sign up to our newsletter here

    NZ Everyday Investor is on a mission to increase financial literacy and make investing more accessible for the everyday person!

    __________________________________________________________________

    Where to find Darcy Ungaro:

    Ungaro &Co (registered) financial advisers

    Facebook: https://www.facebook.com/UFinServ/?ref=bookmarks

    Instagram: https://www.instagram.com/ungaro.co.nz/

  • From personal experience, owning a holiday home is awesome! It's a very privileged position to even be in to own a secondary home. If you don't need the income that this secondary home could generate also, you're in a very small group of Kiwi's who are 'living the dream'!

    So, if you're thinking about this then, before you do, ponder the following questions:

    Where should you buy a holiday home?

    What types of property make the best holiday homes?

    What are the bank rules if lending is required?

    What other points should you consider from a tax perspective if you decide to rent out your holiday home?

    What about going in with your friends to purchase a holiday home?

  • Adrienne Church, the General Manager of Prospa New Zealand joins me to discuss how 'cashflow funding' works and how small to medium-sized enterprises grow using this tool.

    Many Kiwi's build wealth through business.

    97% of all businesses in NZ are considered a SME (Small to Medium-Sized Enterprises).

    30% of all Kiwi's are employed by businesses with less than 9 employees.

    Not only do business owners build wealth through their enterprise, but indirectly they are responsible for producing income for a large chunk of the NZ workforce.

    Adrienne talks to me about the role of debt in building wealth. Many often think that debt is the opposite of wealth. This is ironic, especially when you understand that most investments are denominated in a currency, which is technically debt!

    Is borrowing to fund your business of interest to you?

    NZ Everyday Investor via Ungaro & Co Financial Services have an offer whereby if you proceed with taking out a Prospa loan and a commission is paid to Ungaro & Co, a portion of that goes to support this podcast.

    Check out this link here to arrange a Prospa loan and learn more.

  • MERRY CHRISTMAS TO YOU ALL!

    In this episode, Greg Hutana from Gorilla Technologies joins me in the studio to do a bit of a wrap up of the year that's been.

    This year has been awesome to be involved in podcasting. It's a growing medium of communication, covering topics that are growing in popularity. Heck, I even got an award this year for the podcast thanks to Financial Advice NZ!

    The momentum is building and next year is going to be a big one - I'm personally looking forward to learning more about new ways to build new wealth in the new world.

    Big thank you 's all around to the following people:

    My wife (Pumpkin!)

    My work-wife (Gayna)

    Paul, Greg and Selina at Podcasts.NZ

    All subscibers everwhere

    The Patreon supporters

    All clients of mine, past/present/future

    Special announcement

    Thanks to our friends at Hatch, we have $300 to give away to a lucky member of the NZ Investor Community.

    Important two things you need to do to enter the draw.

    1- To be eligible for this prize draw, Sign up to our newsletter here

    2 – To be eligible for draw, you also need to have a Hatch account – sign up here but don’t worry, you don’t have to deposit any funds if you don’t want to. Tip: Don’t enter this draw unless you have a Hatch account.

    More t’s and c’s:

    Only sign up to newsletter using one email address per person

    If you win, Hatch will credit funds into a valid Hatch account matching your name and email address used to join our newsletter.

    Prize draw to occur on the 19th of December and winner notified by email and via Facebook – If no response received within 24 hours, we’ll revert to another back up name

  • Increasingly, there are great options where everyday Kiwi's can partake of the benefits of property investment without directly holding it.

    We're moving, quickly, into a world where accessibility to traditional assets is under pressure. Those that have, continue to accrue. Those who don't have, are left further behind. Contained in this problem however is a significant opportunity. Can (should) government help? Will complaining do anything? I doubt it. Here's what I do know though - private enterprise is rising to the challenge yet again to address the gap between the 'haves' and the 'have nots'.

    Owning property directly will become more challenging in the new world. When you understand the role of a fund manager and custodial service however, you can begin to see how property fractionalisation could be the cure to multiple challenges at once. The PLPF is yet another manifestation of financial innovation occurring from established players in the market.

    Di Papadopoulos from Booster joins me in the studio today. We're discussing the following:

    1 - What's PLPF?

    2 - What does Booster do?

    3 - How do fund managers view financial advisers?

    4 - Kids and money

    5 - Investing in New Zealand

    Go here to learn more about the PLPF, including what it stands for.

    Check out the blog on kids $50 challenge here

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    Special announcement

    Thanks to our friends at Hatch, we have $300 to give away to a lucky member of the NZ Investor Community.

    Important two things you need to do to enter the draw.

    1- To be eligible for this prize draw, Sign up to our newsletter here

    2 – To be eligible for draw, you also need to have a Hatch account – sign up here but don’t worry, you don’t have to deposit any funds if you don’t want to. Tip: Don’t enter this draw unless you have a Hatch account.

    More t’s and c’s:

    Only sign up to newsletter using one email address per person

    If you win, Hatch will credit funds into a valid Hatch account matching your name and email address used to join our newsletter.

    Prize draw to occur on the 19th of December and winner notified by email and via Facebook – If no response received within 24 hours, we’ll revert to another back up name

    _________________________________________________________________

    Like what you’ve heard?

    You can really help with the success of the NZ Everyday Investor by doing the following:

    1- Tell your friends!

    2- Write a review on Facebook, or your favourite podcast player

    3- Help support the mission of our show on Patreon by contributing here

    4- Search for The Everyday Investor on YouTube

    5- Sign up to our newsletter here

    NZ Everyday Investor is on a mission to increase financial literacy and make investing more accessible for the everyday person!

    __________________________________________________________________

    Where to find Darcy Ungaro:

    Ungaro &Co (registered) financial advisers

    Facebook: https://www.facebook.com/UFinServ/?ref=bookmarks

    Instagram: https://www.instagram.com/ungaro.co.nz/

  • If you're happy to pay a fund manager a fee to manage a portfolio of assets that grow in value, why not spend money protecting your most valuable asset?

    Jane Doe is talking with me in the studio about how fortunate she is. She's not lucky, she's fortunate - she made a rational choice when the options were presented to her, and now even though things didn't go according to plan, she still has choice.

    In this episode you will hear about:

    How does insurance actually work when you need it?What types of personal insurance cover you for getting cancer?Should you talk with an insurance adviser or can you just as easily do the job online?Should I wait until I'm older to get insurance, or sort it out now?

    If you would like to learn more about what was covered today and would like further information, I'd like to encourage you to reach out to a qualified insurance adviser in your area. If you would like an introduction to one, please reach out to me on darcy.ungaro@nzeverydayinvestor.com.

    ________________________________________________________________

    Special announcement

    Thanks to our friends at Hatch, we have $300 to give away to a lucky member of the NZ Investor Community.

    Important two things you need to do to enter the draw.

    1- To be eligible for this prize draw, Sign up to our newsletter here

    2 - To be eligible for draw, you also need to have a Hatch account - sign up here but don't worry, you don't have to deposit any funds if you don't want to. Tip: Don't enter this draw unless you have a Hatch account.

    More t's and c's:

    Only sign up to newsletter using one email address per person

    If you win, Hatch will credit funds into a valid Hatch account matching your name and email address used to join our newsletter.

    Prize draw to occur on the 19th of December and winner notified by email and via Facebook - If no response received within 24 hours, we'll revert to another back up name

    _________________________________________________________________

    Like what you've heard?

    You can really help with the success of the NZ Everyday Investor by doing the following:

    1- Tell your friends!

    2- Write a review on Facebook, or your favourite podcast player

    3- Help support the mission of our show on Patreon by contributing here

    4- Search for The Everyday Investor on YouTube

    5- Sign up to our newsletter here

    NZ Everyday Investor is on a mission to increase financial literacy and make investing more accessible for the everyday person!

    __________________________________________________________________

    Where to find Darcy Ungaro:

    Ungaro &Co (registered) financial advisers

    Facebook: https://www.facebook.com/UFinServ/?ref=bookmarks

    Instagram: https://www.instagram.com/ungaro.co.nz/

  • What's an asset?Anything that produces an income.

    Financially speaking, you're the net present value of all future income streams that you can create.

    Would it, therefore, make sense to insure your greatest asset?

    Today, we're talking about your health with nib's CEO, Rob Hennin.

    In this episode we cover questions like:

    Why bother with medical insurance when the public health system is so good?Why bother putting our children on health insurance plans when they likely won't use it?Why do my premiums keep going up?

    In addition to having Rob speak on today's session, I've included a bonus 7-step checklist around medical insurance. From the perspective of an insurance adviser, I've prepared this as a general tool to provide a base level of knowledge for anyone, and their family, to listen to to get up to speed on all the important questions to ask.

    Should you wish to find out more about nib, please visit their website here

    Should you desire to be introduced to an insurance adviser in your area, please email me on darcy.ungaro@nzeverydayinvestor.com

    As with every episode, please do not act on any 'guidance' you receive by listening to these podcasts - get your own individual advice based on your personal circumstances before making a decision around medical insurance.

    _________________________________________________________________

    Like what you've heard?

    You can really help with the success of the NZ Everyday Investor by doing the following:

    1- Tell your friends!

    2- Write a review on Facebook, or your favourite podcast player

    3- Help support the mission of our show on Patreon by contributing here

    4- Search for The Everyday Investor on YouTube

    5- Sign up to our newsletter here

    NZ Everyday Investor is on a mission to increase financial literacy and make investing more accessible for the everyday person!

    __________________________________________________________________

    Where to find Darcy Ungaro:

    Ungaro &Co (registered) financial advisers https://www.ungaro.co.nz

    Facebook: https://www.facebook.com/UFinServ/?ref=bookmarks

    Instagram: https://www.instagram.com/ungaro.co.nz/

  • "KiwiSaver is the best financial gateway-drug on the market."

    Me

    As a tool to increase financial capability among everyday NZ'ers, KiwiSaver has done great things. But self-employed people have been left behind and that needs to change. Perhaps if this type of investment vehicle had a bit more customization potential it could appeal more to these non-PAYE mavericks? What if there was a DIY, make-your-own KiwiSaver out there?

    Wait...there is!

    Ryan Goldsmith joins me today from Craig's Investment Partners. What I like about Ryan, an authorised financial adviser, is that he's an everyday guy - heck, he used to work at a pub just up the road from me!

    Financial advisers are not always bald, white, drunk and fat - sometimes they're normal people. This is good.

    In this podcast we discuss:

    How to create a KiwiSaver fund that is as unique as you are...a very special snowflake...ahhhwww

    How to invest in gold using KiwiSaver

    The benefits of paying attention to KiwiSaver

    Special message to self-employed people

    As per this episode, if you're not enrolled in KiwiSaver and you're self-employed, you need to deal with this now. Contact Ryan, or someone like Ryan, or check out many of the other options out there to get enrolled with KiwiSaver now.

    _________________________________________________________________

    Like what you've heard?

    You can really help with the success of the NZ Everyday Investor by doing the following:

    1- Tell your friends!

    2- Write a review on Facebook, or your favourite podcast player

    3- Help support the mission of our show on Patreon by contributing here

    4- Search for The Everyday Investor on YouTube

    5- Sign up to our newsletter here

    NZ Everyday Investor is on a mission to increase financial literacy and make investing more accessible for the everyday person!

    __________________________________________________________________

    Where to find Darcy Ungaro:

    Ungaro &Co (registered) financial advisers https://www.ungaro.co.nz

    Facebook: https://www.facebook.com/UFinServ/?ref=bookmarks

    Instagram: https://www.instagram.com/ungaro.co.nz/

  • The Problem:

    Without dealing with the 'crap' properly, all the admin and complexity associated with being self-employed, independent earners can often be excluded from actually building wealth.

    Just like the invention of the toilet propelled the human race towards bigger and better things, independent earners also need help to deal with their crap if they're going to have a chance to build wealth like their employed counterparts.

    Hatch and Hnry joined forces recently, along with Tom Hartmann from the Commission For Financial Capability to bring today's episode into your ears. I was involved in hosting a panel discussion exploring some of the problems and some of the solutions now available to those problems:

    KiwiSaver: An example.

    If you were an employee aged 30 yrs old on $75k pa, with a $30k balance today, invested in a high growth fund you may end up with $1m at retirement. Almost enough for a Lamborghini right?

    If you were self-employed as above, but contributing 3% on your own with no employer contributions, you'd be about $240k worse off at retirement.

    The current system, which is doing great don't get me wrong, was designed for employees - and with the growing number of contractors working in NZ, there's a growing problem begging for a better solution.

    The Solution?

    The above is actually the best-case scenario as it assumes the self-employed person has KiwiSaver but, in reality, many self-employed people are stuck in a cycle of doing boring admin and can't consistently allocate enough to invest regularly. There stuck dealing with crap, which could one day rob them of their Lambo (or worldwide cruise?) Hnry can assist by allocating a % of each payment towards investments (like KiwiSaver or Hatch). What a great example of NZ innovation coming to the rescue!

    _________________________________________________________________

    Like what you've heard?

    You can really help with the success of the NZ Everyday Investor by doing the following:

    1- Tell your friends!

    2- Write a review on Facebook, or your favourite podcast player

    3- Help support the mission of our show on Patreon by contributing here

    4- Search for The Everyday Investor on YouTube

    5- Sign up to our newsletter here

    NZ Everyday Investor is on a mission to increase financial literacy and make investing more accessible for the everyday person!

    __________________________________________________________________

    Where to find Darcy Ungaro:

    Ungaro &Co (registered) financial advisers https://www.ungaro.co.nz

    Facebook: https://www.facebook.com/UFinServ/?ref=bookmarks

    Instagram: https://www.instagram.com/ungaro.co.nz/

  • That's right, perhaps your biggest weakness, is actually you're strength...

    In today's episode, Kristen and Natalie from Hatch Invest,join me to have a discussion about...

    What makes women good at investing?

    How to turn your weakness into a strength

    The importance of finding your tribe.

    Often when the word 'inclusive' and 'diversity' are thrown about, you're mind could easily go towards thinking this is all about just women, but it's not. There are many groups (and many individuals who don't even fit into a group) who currently feel (and are) excluded from the world of investing.

    In any given household, it's not uncommon to find that one party is the dominating influence when it comes to making financial decisions, but that one party is not always the most competent. It's important that there's equal opportunity given to all decisions makers in the family with respect to building wealth. Why? Because often the ones who currently don't play the game are actually going to be pretty good at it when they make a start!

    Hatch Invest is one of NZ's leading online investment platforms that provides an option to buy fractions of US Shares simply and in a cost effective way. Check them out using the following affiliate link and help support the NZ Everyday Investor Podcast.

    _________________________________________________________________

    Like what you've heard?

    You can really help with the success of the NZ Everyday Investor by doing the following:

    1- Tell your friends!

    2- Write a review on Facebook, or your favourite podcast player

    3- Help support the mission of our show on Patreon by contributing here

    4- Search for The Everyday Investor on YouTube

    5- Sign up to our newsletter here

    NZ Everyday Investor is on a mission to increase financial literacy and make investing more accessible for the everyday person!

    __________________________________________________________________

    Where to find Darcy Ungaro:

    Ungaro &Co (registered) financial advisers https://www.ungaro.co.nz

    Facebook: https://www.facebook.com/UFinServ/?ref=bookmarks

    Instagram: https://www.instagram.com/ungaro.co.nz/

  • Yes, the Robots are Coming!

    Clive Fernandes joins me on the podcast today to discuss where digital advice is and what the next steps are on the road to truly artificially intelligent financial advice. The digital advice we are talking about today is not just a streamlined user experience via your banks app - we're talking about a source for unbiased, personalised advice, that can help the everyday Kiwi make better financial decisions.

    When we imagine the 'new world', it can often be a mixed bag of excitement and also a bit of fear.

    As two very wise Kiwi philosophers once said...

    "It is the distant future

    The year 2000

    The world is quite different

    Ever since the robotic uprising

    Of the late nineties

    There is no more unhappiness"

    Flight of the Conchords

    Perhaps the 'problems' of the future will no longer exist. Perhaps we won't even care.

    For some of us the change is not going to happen fast enough, for others, if they knew how much the landscape has already changed they would be genuinely surprised. In the world of the robotic uprising to come, the chaos will re-arrange things in (hopefully ) better way, but there could be some disruption along the way. Current market participants and regulators need to get up to speed in order to protect consumers and foster genuine innovation.

    As with all the great technology companies of our age like the FAANG group of companies (Facebook, Amazon, Apple, Netflix and Google), the primary reason why they have been such a fast success is the ability to scale their business models digitally.

    Thinking about the worlds financially 'un-reached', who don't have access to financial services (like even a bank account), which is around 1/3 of our population - digital currencies are leveling the playing fields. Banks no longer own the rights to operate in this space - the FIN in fintech is being replaced by the TECH in techfin. Digital will eventually eat the status quo.

    In New Zealand, there are many providers who make it easy to sign up for KiwiSaver and provide a good level of general information and product advice. That's awesome, but it's kind of one-dimensional.

    Clive is the founder of National Capital, a new firm that has a mission to reach 1 million Kiwi's with high quality financial advice - ultimately this is advice that will help more people to build wealth that will see them through retirement.

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    Where to find Darcy Ungaro:

    Ungaro &Co (registered) financial advisers https://www.ungaro.co.nz

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  • Kernel, a new digital platform that provides low cost access to investments for everyday Kiwi's.

    Dean Anderson is the founder and CEO of one of the newest online digital investment platforms now available in New Zealand.

    Newsflash! Kernel are doing some roadshows around index investing this November - if you want to learn more about this type of investing, check out https://www.eventbrite.co.nz/o/kernel-26158993071

    Here are some points from this episode worth noting:

    Advice on product or advice on strategy? Reflecting on the rise of digital advice platforms, I'm struck with an emerging paradox: Digital ultimately seeks to mimic the human adviser / human advisers seek to mimic a digital experience. Are these two forces destined to dance around each other in perpetuity, or at some stage, will there be a meaningful merger of machine and human? Human financial advisers potentially still have an edge - Creativity. Trusted and true financial advisers are creative consultants. Digital advice platforms (and Kernel is one of them) that allow for the new breed (yet to truly emerge in my opinion) of financial advisers will succeed, if the integration of human and machine is done thoughtfully and at the right pace from the consumers perspective.

    Keen to invest in New Zealand Commercial property? Direct commercial property investment has its place, but it is rather hungry in the area of equity required to get off the ground. If you're an everyday Kiwi who's looking to gain some exposure to commercial real estate, then Kernel has a fund that tracks the performance of 8 commercial property funds in NZ. Low fees, low initial upfront investment - simple.

    Investing vs trading. I think a lot of investors, especially outside of property, come to the party expecting and exciting, dynamic, and labour-intensive journey. In reality, that's what trading is - high risk, high transaction costs, and inevitably a high likelihood that you'll converge to the average over time regardless. Why bother? Investing is different - it's a long term move in a positive direction, which counter-intuitively does not actually require a lot of work and as a result, shouldn't be that expensive either.

    Check out what Kernel Wealth is all about here: https://kernelwealth.co.nz/.

    _________________________________________________________________

    Like what you've heard?

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    NZ Everyday Investor is on a mission to increase financial literacy and make investing more accessible for the everyday person!

    __________________________________________________________________

    Where to find Darcy Ungaro:

    Ungaro &Co (registered) financial advisers https://www.ungaro.co.nz

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  • Oh...My...Gold! The ultimate hedge, the best store of value, an ancient currency, or all of the above?

    Rich Elliott and Alisson Oliveira work for a company called MyGold - they're gold dealers.

    Owning physical gold is not something that is normally recommended in the mainstream world. From an educational point of view, you may have done a degree in finance but the merits of owning physical gold are perhaps still a mystery to you - it certainly was for me. This is one of the great mysteries of building wealth. Why are some of the potentially more effective ways to build and store wealth, kept secret from the majority of people?!

    Here are a few thoughts on this episode...

    Is Gold a 'hedge'?

    Life insurance is a hedge. Bad stuff happens, and your family receives a lump sum of cash to offset some of the negative impact associated with loss of life.

    If you had a % of your wealth tied up in gold, would the value of this investment increase to a point where it's effective in offsetting some of the losses held elsewhere? Sort of is the answer here. Significant increases in the value of gold occurred around the major negative economic events of 1929-33, 1969-70, 2001 and more recently this year where we've observed a 20-25% increase already.

    Not everyone agrees that gold can be an effective hedge however, and this article contains a perspective to the contrary. Another slightly controversial take is the #dropgold campaign launched by some rather keen crypto-enthusiasts.

    With what I've learnt over the last 6 months about gold, I'd suggest that gold will indeed shine in the next recession, but not all that shines is in fact gold.

    Financial-ised gold vs Physical gold?

    You can benefit from the price movement of gold and not actually have to physically hold it. If you come from a traditional paradigm where you view the amount of wealth you own in terms of currency (say, USD), holding an ETF in say GLD, may be an option to consider. Craig's Investment Partners have a DIY KiwiSaver option where you can own this ETF in GLD for your KiwiSaver.

    A purist 'gold-bug' however, would always prefer to hold the physical element in their hot little hands (or white gloves). Why? It seems the main reason physical is preferred over the financial, is that if you truly buy into owning gold, chances are you have a higher than average distrust for the current financial system. It makes sense when you think it through - if there was a catastrophe, you'd want to convert your contract to the physical as soon as you can. When you dig a little deeper however you learn that many of these 'paper' assets are in fact derivatives. They work to a point, but in an extreme situation (financial Armageddon) when everyone's running to the vault, there's no gold to be found. (If this area is of interest, search 'gold market manipulation')

    It's really easy to get lost in the weeds with this topic though (and quite fun just quietly) - I do believe however, that if you're into building and storing wealth, this should be one of the foundations to understand first before moving forward much further.

    There's a good book I thoroughly recommend in fact, called 'The Death of Money' by James Rickards. Check out a wee sample of it here, but I'd really recommend this book if you want to understand how central banks work in greater detail and how gold worked(s) in the past/present/future. I'd suggest it's written an a more 'intermediate' level so if that's too technical, check out YouTube for Mike Maloney or Peter Schiff to get started.

    So, how does owning physical gold help you, the everyday investor?

    Based on my current understanding (keep in mind I'm still learning too!), owning physical gold should not really be a means to an end, but it could be an end unto itself.

    Building wealth occurs in the plane of the present financial/monetary system, an interweb of various players operating with varying degrees of information (ie - not a level playing field). Gold and Bitcoin are anathematic to the status quo.

    I love talking about anything that can help the everyday Kiwi build and store wealth. The decentralised (be your own bank) aspect of physical gold and Bitcoin appeal to me as it puts the power in the hand of the investor, not the system.

    It appears to me right now, that 'using' the current system to generate 'fiat' money (currency sponsored by our central bank) is the best way to go. After all, the majority of market participants have faith that currency is money - so while that faith is strong, carry on. Nothing to see here.

    What seems wise to me however, is to translate some level of wealth from fiat currency to physical gold (or Bitcoin!) if possible (that's not advice, that's just me sharing what I'm thinking remember!). My traditional portfolio is the engine, but the receptacle could be physical gold (a more timeless store of wealth).

    _________________________________________________________________

    Like what you've heard?

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    NZ Everyday Investor is on a mission to increase financial literacy and make investing more accessible for the everyday person!

    __________________________________________________________________

    Where to find Darcy Ungaro:

    Ungaro &Co (registered) financial advisers https://www.ungaro.co.nz

    Facebook: https://www.facebook.com/UFinServ/?ref=bookmarks

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    Hope you enjoyed this episode - thank you to MyGold for their support in making this episode possible.

  • When aiming for the green, the Benjamin's, alpha, ROI etc., there's so much more you could be achieving.

    Do you care about the environment? Sure, we all do right - how far would you be willing to (beyond purchasing compostable plastic bags?). How much of a premium would you pay in your world in order to protect it for you and kids?

    Do you care about society? How do you feel about the slave-trade, child labour, pay-gaps? What would you be willing to do to play your part in reducing this?

    Do you care about good governance? How much research are you willing to undertaking on a firm on their governance structure before you make an investment?

    It's all fine and dandy to say you care about something - often it's a bit trickier to do something about it, especially when it costs more to do it. Especially when no-one knows you're doing it too!

    Leeanna Kohn-Hardy, founder of Finappster ( a start-up that makes it easy for you to understand how socially responsible your investments are) joins me in the studio for this latest episode.

    _________________________________________________________________

    Like what you've heard?

    You can really help with the success of the NZ Everyday Investor by doing the following:

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    NZ Everyday Investor is on a mission to increase financial literacy and make investing more accessible for the everyday person!

    __________________________________________________________________

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  • What's the problem? For the self-directed investor, there's a bit of work to do in order to access and manage your investments. Accounts with various banks, potentially a share-trading account, a couple of online platforms perhaps. Different credentials to recall and most annoying, AML/ CFT (compliance / ID checks) process to go through each time.

    What's Invest Now? It's a simple and affordable way to access multiple investment options in one place.

    Mike Heath joins me on a discussion that we had when I went down to Wellington recently, via Christchurch (no, it's not on the way).

    These online investment platforms are popping up everywhere it seems - they all work a little different to each other and they serve a different community of DIY investors out there. I'm learning about them at the moment so hopefully, this is of interest to you also:

    Here are some key 'light-bulb' moments covered in this episode:

    Often people may be afraid to seek financial advice as they believe they're not smart enough to do so. Seems counter-intuitive, but it does make sense. The reason we need advice is that we don't have all the answers, but often pride can act as our own worst enemy here. We hate to admit it when we don't have the answer.The bulk of New Zealanders are un-served by financial advisers - online platforms like Invest Now provide a very inoffensive and un-daunting access point for many who may be afraid to engage in a face to face encounter with a financial adviser. If there's a need and desire to use an adviser, however, the Invest Now platform can actually now accommodate that too.Mainstream media. Often credibility is bestowed upon advertisers - this is crazy but just because a finance firm during the finance company collapse a decade ago advertised in the Herald, doesn't mean the trust placed in them was justified. Mainstream media can be an excellent platform to increase financial literacy - but this doesn't always occur.Whether it's an online investment platform, KiwiSaver, or another investment product you access through an adviser, often a 'custodian' is used. In this episode, Mike covers how platforms, custodians, fund managers and investments all work together.What's an ETF, a mutual fund, or an index fund?Self-employed people often don't have KiwiSaver but they should. Beyond getting the tax credit however, online platforms like Invest Now offer another alternative way to simulate what's in a KiwiSaver fund.

    It's great to see online investment platforms grow in popularity - There will likely be much innovation happening in digital advice and robo-advice space in the coming years. Will financial advisers be made redundant as this trend roles on? No, but I do think the role of an adviser needs to change dramatically. Removing friction is what these platforms do well, but the easier it is to get in, the easier it is to get out of investments also - perhaps the biggest strength is also their biggest weakness - enter the new breed of financial advisers.

    _________________________________________________________________

    Like what you've heard?

    You can really help with the success of the NZ Everyday Investor by doing the following:

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    NZ Everyday Investor is on a mission to increase financial literacy and make investing more accessible for the everyday person!

    __________________________________________________________________

    Where to find Darcy Ungaro:

    Ungaro &Co (registered) financial advisers https://www.ungaro.co.nz

    Facebook: https://www.facebook.com/UFinServ/?ref=bookmarks

    Instagram: https://www.instagram.com/ungaro.co.nz/