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@flashhog Please tell me you have spoken to the bank already before signing the S&P. If not, put as long a date as possible for conditions to be met and include a subject to finance clause

@shyla Compounding is amazing. Imagine believing you could turn $1 into $6.8 million in 60 days

@cadtalk Remind me! 10 years

@jeplet Hard no. Don't invest in individual companies. This is just gambling, which, having just given up two addictions, isn't a strong move. Especially don't invest for dividends. People think it's free money, but it actually takes untaxed capital gains and turns it into taxable income. It's...

I'm absolutely fascinated by the mechanism of scams. How people fall into them and why that particular person, at that particular time was susceptible to that particular scam. One of the big contributors to falling into investment scams, is a lack of knowledge around what is a reasonable...

@bluerose31 This is a well timed article thar might be of interest to you

@bluerose31 To be clear, I'm am not talking about only kiwisaver, you should be investing outside of that, and I am surprised you are confused. I'll try and be clearer. To work out the minimum you need in retirement is simple. You work our your current expenses, multiply those by 25 and that...

@bluerose31 Nope. My advice, if you re-read it, is to make AT LEAST the minimum payments to investments and mortgage at all times. Then, allocate your additional resources based on a mixture of your personal financial situation & where you will get the best return. If that means to you paying...

@bluerose31 Lol, actually here is another article from today aswell. (Ignore the obvious advertisement for whatever investment firm it is). Guess you got some reading to do.

@bluerose31 Nah, you won't be retiring at all in that case so this doesn't really apply to your situation

@resjudicata My approach is always to pay at least the minimum to the mortgage and invest at least the minimum required to hit your retirement goal by retirement age as compounding can really make it easier to reach that goal. Everything above those 2 minimums can then be based on where you...