Quick Fire Question of the day: will a trust protect me against the government?

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We all know that glum person at work who shuts down any good idea and gossips behind your back or that overbearing boss with unrealistic expectations and no sense of what it takes to get the job done. Whoever or whatever archetype of person you meet has the ability to make or break the culture of any business. So, if you're wanting a mental mindmap and formula for connecting with nearly every type of person then this epsiode is worth a listen. Our guest Allison Mooney is a professional people interpreter and world renowned speaker. Whose combination of wit, humour and experience will have you quietly chuckling and learning in the same breath.

Once again for those wanting their question answered on the podcast email me at [email protected], send a voice message below or connect with me at:

· Free Book & Training Masterclass For Achieving Financial Freedom In New Zealand.

· How To Book An Appointment With Us.

· Subscribe To My Weekly Newsletter.

· Have Your Podcast and Audiobook Edited by NZ Audio Editors.

· Linkedin.

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· Next Business Strategy, Innovation & Leadership Event. 

· Instagram.

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· Youtube. 



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Quick Fire Question Of The Day: 
"I’ve been thinking about dollar cost averaging in relation to mortgage rates.
I wonder if one split their mortgage into say four chunks, each coming up for renegotiation every six months, would they then be guaranteed to beat the averages?"
Source: NZ Herald 29th of August 2020
Once again for those wanting their question answered on the podcast email me at [email protected], send a voice message below or connect with me at:
· Free Book & Training Masterclass For Achieving Financial Freedom In New Zealand.
· How To Book An Appointment With Us.
· Subscribe To My Weekly Newsletter.
· Have Your Podcast and Audiobook Edited by NZ Audio Editors.
· Linkedin.
· Tik Tok.
· Next Business Strategy, Innovation & Leadership Event. 
· Instagram.
· Facebook.
· Youtube. 


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Quick Fire Question Of The Day:
"I have approximately $1.5 million in the bank.
I have had nothing but trouble and worry with money throughout my life. I invested in mortgages with lawyers, who stole one million dollars from me. I had money invested in Equiticorp in debentures, and I lost that money because Hawkins went bankrupt.
I was then ripped off by another lawyer, who I loaned money to. I even lost interest for about eight years with a bank who would not return this money in Australia. I loaned money to a real estate agent, who I had to litigate with for years to get a pittance back.
So, with the ridiculously low interest rates for bank term deposits now, can you please advise me as to what to do? I am 73 years of age.
If I went to KiwiSaver or a managed fund, I am told that the fees that they charge outweigh the returns. And financial planners cannot be trusted as they have a vested interest in the companies they recommend.
If you buy an investment house, and put it in the hands of a real estate agent to look after it, I have heard that the property can be trashed, and $3, 500 rent in arrears cannot be collected.
I do not want the stress and the hard work of collecting the rent myself, so I guess that I would have to put it into the hands of a real estate agent, because I would not be in the country.
So, my question is where can you put the money in other than the bank?"
Source:  NZ Herald 22 August 2020
Once again for those wanting their question answered on the podcast email me at [email protected], send a voice message below or connect with me at:
· Free Book & Training Masterclass For Achieving Financial Freedom In New Zealand.
· How To Book An Appointment With Us.
· Subscribe To My Weekly Newsletter.
· Have Your Podcast and Audiobook Edited by NZ Audio Editors.
· Linkedin.
· Tik Tok.
· Next Business Strategy, Innovation & Leadership Event. 
· Instagram.
· Facebook.
· Youtube. 

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Business can be a very lonely endeavour where the difference between success and failure is a willingness to be better than what you were yesterday. To work on your business not just in it. To work smarter not just harder. This is why I asked Murray Phillips the Director of Insight CA to come back and share a more in-depth explanation of what’s needed to run an effective company. 
Once again for those wanting their question answered on the podcast email me at [email protected], send a voice message below or connect with me at:
· Free Book & Training Masterclass For Achieving Financial Freedom In New Zealand.
· How To Book An Appointment With Us.
· Subscribe To My Weekly Newsletter.
· Linkedin.
· Tik Tok.
· Next Business Strategy, Innovation & Leadership Event. 
· Instagram.
· Facebook.
· Youtube. 
· Have Your Podcast and Audiobook Edited by NZ Audio Editors.

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Quick Fire Question Of The Day:
"I am 40 this year, a single mum with young kids and have been bad with money until three years ago.
Since then, I have invested in KiwiSaver and in two ETFs (exchange traded funds), one international and the other local. With a frugal lifestyle for the last three years and these investments I have managed to save about 5 per cent for a $750,000 house.
I am based in Auckland and unlikely to move as my current employment pays me well. I rent a small place to save, but as my kids grow up I am thinking of a bigger place.
With my current age, I feel less confident in securing a house while saving for my retirement and my children’s future. Should I still try to save for a house, or should I just find a bigger place to rent and save for retirement and my kids’ education?"
Source: NZ Herald 29 August 2020 
Once again for those wanting their question answered on the podcast email me at [email protected], send a voice message below or connect with me at:
· Free Book & Training Masterclass For Achieving Financial Freedom In New Zealand.
· How To Book An Appointment With Us.
· Subscribe To My Weekly Newsletter.
· Linkedin.
· Tik Tok.
· Next Business Strategy, Innovation & Leadership Event. 
· Instagram.
· Facebook.
· Youtube. 
· Have Your Podcast and Audiobook Edited by NZ Audio Editors.

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Quick fire question of the day: "My husband and I are in our late 60s and we have the bulk of our savings, over $500,000 each, in a moderate KiwiSaver account with the same bank.

Is it crazy for us to use the same provider, putting all our eggs in one basket? What do you think?" Question Source: NZ Herald 29 August 2020. Audio edited by: www.nzaudioeditors.com/. Once again for those wanting their question on the podcast email me at [email protected], send a voice message below or connect with me at:

· Free Financial Freedom Book & Masterclass.

· Subscribe To My Weekly Newsletter.  

· Linkedin.  

· Tik Tok. 

· Next Business Strategy, Innovation & Leadership Event.

· Instagram.  

· Facebook.  

· Youtube. 

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We act as though we'll live forever but what if we don't?  It's a sad truth that no-one wants to talk about but everyone needs to. In this case we hear the story of a young New Zealander  dealing with the aftermath of a terminal prognosis. A story that hits close to home for Greg Moyle as he nursed his late wife throughout her final seven years of life. Although hard at times we still love to answer your questions so send them through to [email protected]  or connect with me at:


· Free Financial Freedom Book & Masterclass.

· Subscribe To My Weekly Newsletter.  

· Linkedin.  

· Tik Tok. 

· Next Business Strategy, Innovation & Leadership Event.

· Instagram.  

· Facebook.  

· Youtube. 

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Naturally, we're going to be a bit bias on this issue given our background, but the idea stems from a study completed by the largest passively managed fund in the world, Van Guard, that found advisers add 3% to a fund's performance. There are definitely people that are better off doing it themselves but this episode is for those on the verge of making an irreversible mistake with their money or who just want to live the life they want without having to get nose deep in the world of finance. 
Once again for those wanting their question on the podcast email me at [email protected], send a voice message below or connect with me at:
· Free Financial Freedom Book & Masterclass.
· Subscribe To My Weekly Newsletter.  
· Linkedin.  
· Tik Tok. 
· Next Business Strategy, Innovation & Leadership Event.
· Instagram.  
· Facebook.  
· Youtube. 

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The quick fire finance question of the day:
"My latest KiwiSaver statement projected a balance of $253,000 when I’ll turn 65 in 14 years, allowing about $200 per week.
I thought that sounded positive, until I went to ANZ’s KiwiSaver calculator, which said that for a comfortable life I would need about $1.65 million, or $1,190 per week (cash, after housing) — about twice what I can expect from combined KiwiSaver and NZ Super.
A back of the envelope calculation shows that this weekly cash is much higher than what one gets from NZ’s median income. Is it reasonable to assume that we need so much more money in retirement than during working life? How can the average person save so much?"
Source: NZ Herald 25 July 2020
If you want your question answered email me at [email protected] or connect with me here:
· Free Financial Freedom Book & Masterclass.
· Subscribe To My Weekly Newsletter.  
· Linkedin.  
· Tik Tok. 
· Next Business Strategy, Innovation & Leadership Events.
· Instagram.  
· Facebook.  
· Youtube. 

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Send in a voice message: https://anchor.fm/ryanjmelton/message