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Amy Poching

πŸ‘€ Speaker
478 total appearances
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Podcast Appearances

Keep The Change
Financial Planner Reveals: How Everyday Kiwis Are Building Wealth

Yeah.

Keep The Change
Financial Planner Reveals: How Everyday Kiwis Are Building Wealth

So it's not like he was a massive part of this company, but he cashed in his shares for like just over 1.5 mil.

Keep The Change
Financial Planner Reveals: How Everyday Kiwis Are Building Wealth

Yeah.

Keep The Change
Financial Planner Reveals: How Everyday Kiwis Are Building Wealth

So he.

Keep The Change
Financial Planner Reveals: How Everyday Kiwis Are Building Wealth

Very.

Keep The Change
Financial Planner Reveals: How Everyday Kiwis Are Building Wealth

Yeah.

Keep The Change
Financial Planner Reveals: How Everyday Kiwis Are Building Wealth

And so he was able to pay off his home mortgage.

Keep The Change
Financial Planner Reveals: How Everyday Kiwis Are Building Wealth

Yes.

Keep The Change
Financial Planner Reveals: How Everyday Kiwis Are Building Wealth

And then he's got like, you know.

Keep The Change
Financial Planner Reveals: How Everyday Kiwis Are Building Wealth

over a million bucks, and he's like, at the moment, that money is all still sitting in shares of this company.

Keep The Change
Financial Planner Reveals: How Everyday Kiwis Are Building Wealth

And I kind of don't want to take the risk now.

Keep The Change
Financial Planner Reveals: How Everyday Kiwis Are Building Wealth

And I'm like, nor should you really, because you've now set yourself up.

Keep The Change
Financial Planner Reveals: How Everyday Kiwis Are Building Wealth

You look after this properly.

Keep The Change
Financial Planner Reveals: How Everyday Kiwis Are Building Wealth

You're okay for the rest of your life.

Keep The Change
Financial Planner Reveals: How Everyday Kiwis Are Building Wealth

Yeah.

Keep The Change
Financial Planner Reveals: How Everyday Kiwis Are Building Wealth

So we're keeping, I don't know, 200 or 300K in there.

Keep The Change
Financial Planner Reveals: How Everyday Kiwis Are Building Wealth

Yeah.

Keep The Change
Financial Planner Reveals: How Everyday Kiwis Are Building Wealth

But then he has, you know, we're putting in a 30% deposit towards an investment property so that that investment property will just look after itself on the side.

Keep The Change
Financial Planner Reveals: How Everyday Kiwis Are Building Wealth

And we're putting the rest, we're splitting it between an aggressive managed fund with one provider and a growth managed fund with a different provider.

Keep The Change
Financial Planner Reveals: How Everyday Kiwis Are Building Wealth

Well, it gives us extra diversification.