In today’s episode, we dive into a pressing question: Is having a high-paying job truly worth it? While many might instinctively say yes, reality can often be more complex. Join us as we explore the potential pitfalls and benefits of high salaries, revealing the truths that can help you navigate your own financial journey.Specifically, we chatted about:High-Paying Jobs in NZ: We explore the highest-paying roles according to Seek and how salary figures can differ based on various sources.Cons of High Salaries: Increased expectations and accountability, particularly for roles like CEO, can lead to longer working hours and a higher risk of burnout.Pros of High Salaries: Enhanced financial security allows for a better lifestyle, networking opportunities, and potential for earlier retirement if managed wisely.Real-Life Experiences: Insights from Reddit users who have taken pay cuts for better work-life balance, sharing their journeys and the positive impacts on their well-being.If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz Disclaimer:Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time. The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice. Any information we provide is general only and current at the time of writing.Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz
--------
44:51
108. Navigating Market Turbulence: Tariffs, Volatility, and Staying the Course
In this podcast episode, we're joined by Kernel Founder & CEO Dean Anderson to chat about the latest developments in the markets and how they’re impacting investors.Specifically, we discuss:The impact of US tariffs and rising market volatility, including what this means for global and local economies.New Zealand’s relatively stable position amidst global uncertainty and the signs of economic recovery.Key investment principles to navigate turbulent markets, such as diversification, aligning investments with your time horizon, and the benefits of dollar-cost averaging.Practical tips for KiwiSaver investors, including how to approach short-term and long-term goals during periods of volatility.See the graphs and numbers via our latest blog here:If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz Disclaimer:Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time. The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice. Any information we provide is general only and current at the time of writing.Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz
--------
23:36
107. Active vs. Passive: Are You Settling For Average?
In the world of investing, the debate between active and passive strategies has been significant among many investors. While active investing involves selecting individual stocks and timing the market, passive investing focuses on tracking market indices through funds. This episode dives deep into the nuances of both approaches, exploring their historical performance, current trends, and what they mean for investors today.Specifically, we chatted about:The key differences between the active vs passive investment strategiesWhat the general consensus was when it came to passive investingHow the overall sentiment has changed throughout time, particularly overseas and perhaps in NZ.Why it's so difficult to beat the market and the percentage of NZ fund managers that actually can beat the index.Read the full blog here: https://kernelwealth.co.nz/blog/active-vs-passive-investing-are-you-settling-for-average If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz Disclaimer:Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time. The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice. Any information we provide is general only and current at the time of writing.Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz
--------
23:36
106. How Does Tax Work When Investing In Kernel Funds?
Tax is an unavoidable cost of investing, so ensuring you understand how it works can help you get the most out of your investments.In New Zealand, Portfolio Investment Entities (PIE) funds offer a tax-efficient way to invest, but navigating their tax rules can sometimes be challenging.Find out how they work in this podcast episode, alternatively read the full blog below. https://kernelwealth.co.nz/blog/how-does-tax-work-when-investing-in-kernel-fundsIf you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz Disclaimer:Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time. The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice. Any information we provide is general only and current at the time of writing.Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz
--------
21:04
105. Trump & Investing: 5 Tips to Remember During Uncertain Times
This week, we dive into investing during uncertain and volatile market conditions. With recent economic shifts driven by new policies and tariffs, many investors are feeling the pressure to take some sort of action. Join us as we chat about timeless tips to remember during turbulent times.Specifically, we chat about:What's currently happening in the markets which are causing people to worryWhy uncertainty creates volatility, especially in the sharemarketsHow investing to fit your risk profile can lead to better outcomesWhat you can do to reframe market volatility as an opportunity And much more!If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz Disclaimer:Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time. The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice. Any information we provide is general only and current at the time of writing.Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz
It’s No Secret is a podcast for Kiwis who want their money questions answered.Are you wondering when the right time to get on the property ladder, whether you should invest with family or how to talk to your significant other about investing and budgeting? If yes, you’re in the right place. Join the Kernel team, alongside some special guests, as they take you through the ins and outs of all things finance, money, property, investing and building wealth so you can move towards achieving financial freedom. Each Wednesday, we’ll release one episode that answers a specific money question. No long ramblings and no financial jargon. Investing hacks, budgeting tips, and financial freedom are included.You’ll be left feeling inspired, relieved and ready to take the next step in your financial journey.Happy listening!Submit a money question or get in touch at our Instagram @itsnosecretnz
New Zealand