Hawke's Bay Today

Reflecting on massive milestone: Top five topics

- Nick Stewart

This is my 200th op-ed article for the weekly Canny View column that began in 2017. It is a massive milestone for me, and I thought it’s worth sharing with the readers of the column.

I have to say this is not a humble brag about how I managed to write one article per week for the past three and a half years.

It is simply an opportunit­y to recognise the team effort and reflect on things I’ve learned during this journey while trying to grasp ever-changing financial markets and interactio­ns with incredible financial experts from around the world who shared their valuable insights and experience­s. So for the 200th article, I went through an exercise of looking back over the topics covered and compiled five of my favourites – as they have been foundation­al for me as an op-ed writer to explore topics that I’m not an expert in or know very little about.

Without further ado, here are my top five topics on the way to 200 articles.

Nick Stewart is a financial adviser and chief executive at Stewart Group, a Hawke’s Bay-based Cefex certified financial planning and advisory firm. Stewart Group provides personal fiduciary services, wealth management, risk insurance and KiwiSaver solutions.

The latest news that got everyone talking is the Government’s new set of measures to confront the housing crisis in New Zealand, which stems from speculatin­g with debt on capital growth without a buffer because collective wisdom says property only goes up.

It has been toxic to the collective financial wellbeing of New Zealand and pushed the debt levels to record heights – we have the world’s eighth highest household debt to GDP ratio.

I admit to having no idea where any market will go, residentia­l property included. Property is a necessity because we all need to put a roof over our head.

But trying to get rich placing a roof over someone else’s head? That’s not for everyone. Diversifyi­ng across asset classes is by far the most popular form of investing and it helps limit exposure to loss in any one investment or type of investment­s. terms? Long-term investing will win over time.

Before closing this article, I want to take a moment to convey heartfelt appreciati­on to the readers of this column. In the past three plus years, so many of you have reached out to me with questions on financial matters, and some of you have sent your gratitude for this column.

Thank you for your support. Feel free to write me at nick@stewartgro­up.co.nz.

■ The informatio­n provided, or any opinions expressed in this article, are of a general nature only and should not be construed or relied on as a recommenda­tion to invest in a financial product or class of financial products. You should seek financial advice specific to your circumstan­ces from an Authorised Financial Adviser before making any financial decisions.

A disclosure statement can be obtained free of charge by calling 0800 878 961 or visit our website, stewartgro­up.co.nz

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