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Amy Poching

πŸ‘€ Speaker
478 total appearances
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Appearances Over Time

Podcast Appearances

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

And they moved into this premise, but they're growing and they might be outgrowing this premise, but now they want to buy this premise that they're in because...

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

As a commercial investment.

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

And it was like a million bucks or something to buy where they were.

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

And I said, what's the rent that you're paying?

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

And it was like 30 grand or something.

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

So you think about 30 grand return on a million bucks invest.

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

That's not a great return.

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

No.

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

The other thing to that is that they're expecting they're going to outgrow those premises.

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

So if they own the premises, that might feel like it's hindering them from being able to move on to larger premises again at some point in the future.

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

You're the ones complaining about the petrol prices right now.

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

Yeah, we've got to be careful about where we're getting the information from, which I guess includes the media.

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

Anyway, let's not go down that rabbit hole.

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

Okay.

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

So I've got the example one.

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

Isn't it amazing?

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

Honestly, I was like so emotional.

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

I was like trying not to cry as they were telling me about just how they had both grown up and just, yeah, their experiences and, and how they've just creating something different for themselves and for their next generations.