Tips for First Home Buyers
The last few months have been fairly bruising for first home buyers. Many have been saving diligently only to discover the rules have changed and that the home ownership dream is now a little further...
View ArticleNovember Poll
Do you think non-bank lenders should still be lending over 80%?Yes, NZers have the right to buy a home.Yes, but on strict criteriaNo, lending over 80% is irresponsibleNot sure
View ArticleIs my new bike covered?
One of the advantages of me turning 45 for the third time, is that the toys become slightly more expensive. A trap for young players is making sure your contents cover the $7,000 “must have” cycle...
View ArticleMoney for Broken Bones
Income Protection I think is one of the most important aspects of your personal insurance cover. There are two companies who will pay you to break your bones! Sorry, I should reword that – there are...
View ArticleOptions for those with less than 20% deposit
We have commented each month around the change in lending related to the major Banks. Rather than going on about it too much, here are some solutions we have worked on over the past month for our...
View ArticleDecember 2013 Poll
How long will your New Years Resolution last?MinutesHoursDaysWeeksI'm not doing them
View ArticleFixed or Floating – December 2013
Not one month after my November blog said that we were passed the good times and look at that – we’re back below 5% on the 1 year fixed rate. This was lead by one Main Street bank special and the...
View ArticleTerm of the Month – Celebrity Stock Index
A stock index comprised of companies associated with your favourite Celebrity. Investors might correlate the popularity of their chosen Hollywood Star with increased sales surrounding his/her related...
View ArticleEnd of year details
As the year rapidly draws to an end, Velocity Financial would want to pass on our Seasons Greetings. It has been another busy year for Velocity Financial. We have just welcomed our second support...
View ArticleWhat have the banks been up to in the last month?
The initial mortgage panic of the last couple of months seems to have been dying down. We have blogged extensively through that time about the changes to the bank rules around mortgage lending. Here...
View ArticleThe Sky will Fall in January 2014
There are a number of companies in New Zealand who make their money by specialising in selling brand new homes as investment property. The marketing is typically based around doing something for your...
View ArticleJan 2014 Poll
Mortgage rates are going up. What level will be too high for you to afford?>6%>8%>10%>15%I'm ok with most conceivable rates
View ArticleShould you keep your insurance company updated of your bad habits?
It is generally well known that a smoker pays roughly double what a non-smoker pays on Life Insurance. But what happens if you take up smoking after you’ve taken out an insurance policy? Do you need to...
View ArticleTerm of the Month – Diworsification
The process of adding investments to one’s portfolio in such a way that the risk/return trade-off is worsened. Diworsification is investing in too many assets with similar correlations that will result...
View ArticleFixed verses Floating
On the off chance that you have just returned from a three month unaided trek to the North Pole and haven’t been following the latest interest rate news, let me summarise… On 30th January 2014 the...
View ArticleInterest Rates are not the issue
It feels like I’m watching a bad movie all over again. There is something about Kiwis that means we lose all common sense when headlines appear in the media related to Interest Rates. No one ever...
View ArticleMy Predictions for 2014
As these are our first blog articles for 2014, I feel I should share my predictions for the coming year. 1. National to remain in Power… just. (I just don’t see a challenger and they have done a good...
View ArticleMeet the Velocity Team
Welcome to the first blog in a new series of “Meet the Velocity Team”. Each month the plan is to ask two revealing questions of the Velocity Crew. In case you are not aware, there are 5 of us who...
View ArticleKiwiSaver Results
The latest KiwiSaver results have been released from Morningstar. You can find them by clicking here. As always, you shouldn’t swap KiwiSavers to chase returns. You should simply be looking for red...
View ArticleTerm of the Month – The Rio Hedge
Our Term of the Month is once again taken from Investopedia. ‘Rio Hedge’ When a trader who is facing financial or legal troubles hedges his or her position in an investment with a ticket to a tropical...
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