Goodlife Financial Advice

07/07/2026

ASB economists say the outlook had improved "markedly" in recent months and had changed significantly from their March forecast.

Bring on the good times!

ASB economists say the worst may be mostly over for the New Zealand economy.

06/07/2026

Market volatility is normal and included in expected returns…

On average global shares fall by more than 1% in a single day about every 9 trading days (i.e. about 10.6% of the time), and more than 2% in a single day about every 34 trading days (i.e. about 2.9% of the time).

On average NZ shares fall by more than 1% in a single day about every 16 trading days (i.e. about 6.3% of the time), and more than 2% in a single day about every 112 trading days (i.e. about 0.9% of the time).

Experiencing volatility is both normal and part of investing in growth assets. Asset prices can even decline for several years in a row.

The expected long-term returns of shares (between 7% and 9% over time) includes all the negative days, months and even years. Otherwise, long-term returns would be even higher.

You will need to participate in the volatility of shares if you want to grow your investment over time through share and growth asset ownership.

Bottom line: Though difficult to experience, negative returns are a normal part of reaping the benefit of a long-term growth portfolio.

Get in touch 0508 GOODLIFE - [email protected] - www.GoodlifeAdvice.co.nz

06/07/2026

Headlines are not an investment strategy…

Every day headlines point to reasons why the share market has moved – up or down. Sometimes there is a clear explanation, sometimes there is not.

Many daily, weekly and monthly swings in the share market defy any explanation and that is perfectly normal. There does not need to be a reason for a move.

Even when a clear reason is known – COVID-19, inflation, war – the headlines will never say, tomorrow the share market will focus on something else, and be up. Overthinking the news this month, next month or in a year’s time and not focusing on buying and holding a well-diversified portfolio for a long period of time is the most common mistake clients make (see graph).

Good and bad market headlines are always interesting, but they should never cause clients to abandon a well-designed long-term plan, unless there is a significant
change in personal circumstances, not market circumstances!

02/07/2026

If you rely on a the government, the goalposts will always be moved. Plan for your own retirement with zero reliance on the government to fund it.

Get in touch 0508 GOODLIFE - [email protected] - www.GoodlifeAdvice.co.nz

02/07/2026

Oil prices have plummeted - Brent Crude barrel around USD$72.

This will take the pressure off worldwide inflation for sure.

It will also play very nicely into the hands of the new Federal Reserve Chairman Kevin Warsh who has put himself out there as ‘thinking outside of the box’ when it comes to where and how they source inflation data moving forward.

The CME Fed Watch tool isn’t predicting an interest rate drop this year - but there are plenty out there who expect Warsh to find the data ‘somehow’ to hold or drop interest rates in the US.

The ongoing positive impact on oil prices dropping is only going to help his case. We shall see….

A drop would impact any of us invested in growth assets like US shares or crypto - your KiwiSaver portfolio for example….

Cheaper oil certainly would be a good thing for the worldwide economy….

30/06/2026

If you have another 10 years saving the way you did for the previous 10 years - how’s that gonna work out for you?

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Goodlife Financial Advice, Financial Planners, Authorised Financial Advisers, Investment Advice, Retirement Planning, Mortgage Refinancing, Investment Property

29/06/2026

As sure as the sun will rise every day, you can be certain of one thing: Governments will continue to print money and debase their currency. We live in a debt based monetary system that only survives through inflation and money creation. i.e. Debt…

The answer as savers and investors is actually quite simple: Do not sit in cash as an ‘asset’ or ‘investment’ if your goals are long term wealth creation or wealth preservation.

You may enjoy the zero volatility of that asset class and the slow grind up through interest payments - BUT - the buying power of your cash is going backwards at a rate of knots. Instead: Invest into ‘hard’ assets - Assets that are ‘hard’ to create.

Cash is the right investment if you plan to spend that money in the coming 2 years. If not, you’re in the wrong asset class.

Get in touch 0508 GOODLIFE - [email protected] - www.GoodlifeAdvice.co.nz

29/06/2026

China is experiencing an extraordinary surge in its money supply.

China’s M2 money supply has reached a record high of roughly 240% of GDP — the highest ratio among any major economy globally. This figure has climbed by about 100 percentage points since the 2008 Global Financial Crisis. In dollar terms, China’s M2 has expanded by more than 500% over the same period.

For context, the country’s gold reserves have only grown by around 100%, while its total foreign exchange reserves have increased by approximately 60%. This stark imbalance highlights how monetary expansion has far outpaced the growth in traditional stores of value and reserves.

By comparison, Japan — which has the next highest ratio among major economies — sits at around 185%, while the United States is at roughly 70%.

China’s scale of monetary expansion stands out as unprecedented among large economies.

This massive liquidity injection doesn’t stay idle. Much of the newly created money is expected to flow into investment assets as savers and institutions seek higher returns in an environment of low yields on traditional deposits and property sector challenges. This capital is likely to support strong inflows into domestic and international equities (shares), as well as cryptocurrencies and other alternative assets perceived as inflation hedges or growth opportunities. The result could be increased volatility and upward pressure on asset prices in those markets as excess liquidity chases limited investment outlets.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

A rising tide floats all boats - and a strong reminder that governments will continue to debase their currencies - Stay well away from cash as a long term saving tool. Invest into ‘hard’ assets….

Get in touch 0508 GOODLIFE - [email protected] - www.GoodlifeAdvice.co.nz

28/06/2026

So what’s in store for Bitcoin? It’ll likely bottom somewhere over USD$49K before the end of October - then rally into new all time highs between October and February 2028. Easy…. Just keep dollar cost averaging in and know that every painful buy will pay off hugely over time. Weak hands are currently handing over their stash to long term holders with conviction…..

If you need a qualified investment adviser who ‘gets’ Bitcoin: Get in touch 0508 GOODLIFE - [email protected] - www.GoodlifeAdvice.co.nz

23/06/2026

I’ve been saying for years that NZ will eventually go the path of Oz when it comes to superannuation. I also think this is a very good idea for NZ’ers. Oz has built up a huge nest-egg in their Supers over the time it’s been running. We need to get there too. This will put the younger generations in a far better position for retirement, especially because the NZ Govt Super is a mathematical impossibility to continue on the way it is.

What this means for older investors is that they will need advice to carefully plan for their retirement and likely have to involve other investment strategy outside of ‘saving’ to reach their financial independence goals.

Get in touch 0508 GOODLIFE - [email protected] - www.GoodlifeAdvice.co.nz