Katie Wesney

I think this is honestly a better entry point than 2021 was.

And it's so interesting, the psychology around investing, you know, when we think about behavioral economics and us not sometimes being rational, you know, you think about farmers when it has a 30% off sale, we don't wait until prices go up to buy the thing, but that's often what we do in investing.

So I think there is a window of opportunity, um,

for existing property owners if there's equity and there's serviceability you might have an opportunity to add to the portfolio in terms of that longer wealth building strategy but the biggest opportunity is when things go quiet and it's feeling uncertain like please don't freeze you know um

lots of people are freezing.

This is your point in time to keep making decisions, keep reviewing, keep moving.

You'll end up miles ahead when conditions normalize, not because you were braver.

It's just because you didn't stop.

And I think that is so important.

Yeah, I was going to say that, Christophe.

You've stolen my answer.

But I think on a personal level, a red flag might be someone's debt to income ratio climbing and their buffer shrinking.

That's telling me that you're trading your future security for present cash flow.

So that's an issue that definitely needs to be addressed personally.

And

I am also, from a green flag perspective, I'm really going to be closely watching the RBNZ language shifting.

If they start signalling a pause or a slower pace of hikes, I think that really does matter.

And as a financial advisor, I'm always encouraged when I see clients who were anxious a year ago now sitting with three months of expenses as a buffer, a clear mortgage plan.

And I think that is a really positive thing at a human level.

And that's where I'd love everyone to be.