All by Ruth

“Don’t look for the needle - buy the haystack”

“Don’t look for the needle - buy the haystack”

Ruth
Index Funds, ETF, SmartShares, Sharesies, Hatch, Investment

There has been a sudden interest in the share market and it has me worried. I am noticing that there is a cohort of investors frantically rushing to invest in shares to “make the most” of this current crisis. I, on the other hand, have resisted all instincts to DO SOMETHING, to rush around and find those one or two companies that are at what I believe to be rock bottom prices so I can buy low and sell high. Instead, I have calmly followed the advice of John C. Bogle when he said: “Don’t look for the needle - buy the haystack”. That’s what I’m doing, I’m just buying the entire market.

Budgeting really does work!

Budgeting really does work!

Ruth
Budgeting, Debt, KiwiSaver, Minimalisation, Mortgage, PocketSmith

I got a message this week from Joe. He said that he is after some “relevant situational budgeting help” and would like to see me help out and offer thoughts on “the most basic of budgeting for the families in severe need now”. So I thought I would reach out to someone else to help me write the blog post this week, someone who I consider to be a bit of a Budgeting Queen herself. It’s none other than Bradie from @kiwigirlonabudget

So, together we have worked on this blog post for you this week.

My Lockdown Diary

My Lockdown Diary

Ruth
Budgeting, Index Funds, KiwiSaver, PocketSmith, Sharesies, Simplicity, SmartShares, ETF

I thought I’d keep a diary for this week, so you can see what we are doing to prepare for the months ahead in this rapidly evolving situation. Take from it what you will and discard the rest. But first and foremost when it comes to money at a time like this, whether your job is secure or you have just lost it, the absolute key thing to keep in mind is to: Always spend less than you earn

The COVID-19 Emergency Budget Meeting

The COVID-19 Emergency Budget Meeting

Ruth
Budgeting, Debt, Index Funds, KiwiSaver, Personal Finance, PocketSmith, SmartShares, Simplicity, Sharesight, Sharesies, ETF

If there was ever any doubt about what an emergency might look like, well this is it, folks! I hope that each and every one of you is coping well and today I wanted to let you know what Jonny and I are doing, in the hope that you might gain a few pointers about what to do with whatever situation you may find yourselves in.

PocketSmith Q+A

PocketSmith Q+A

Ruth
Budgeting, Sharesies, PocketSmith, Personal Finance

In February 2020 I went to Dunedin to spend the day with the PocketSmith team. I asked my audience if there were any specific questions they had about using the PocketSmith budgeting software and I put those questions directly to the support team in the office. PocketSmith has answered all of your questions and I’m the first to admit that I’ve learned a thing or two by reading them.

The share market is doing what it does, so JUST CHILL!

The share market is doing what it does, so JUST CHILL!

Ruth
Index Funds, KiwiSaver, Personal Finance, Sharesies, Sharesight, Simplicity, SmartShares, ETF

I’ve had a “conscious uncoupling” from worldwide events and am instead reflecting back on the basics of how Jonny and I operate to make sure we are steering our waka in roughly the right direction during these rough waters. This is the first more serious market dip I’ve been through but I’ve read enough and learned enough from those who have gone before to know that the right thing to do is just hold my course and hold my nerve.

Applying The Barefoot Investor in NZ - UPDATE

Applying The Barefoot Investor in NZ - UPDATE

Ruth
Index Funds, KiwiSaver, Personal Finance, Retirement, Shares, Simplicity, SmartShares, SuperLife, Insurance, Sharesight, Hatch, Sharesies, ETF

I originally wrote this blog post back in December 2018 and I’ve decided it was time to make a few updates to it so that all those people reading the book for the first time and those who are following along with the Barefoot Investor principles have a good New Zealand resource to come to. If you have read my original post, while it’s still relevant, this one is quite different because it takes into account different providers of services, so I encourage you to read this one too!

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