He is currently doing free seminar/workshop
around nz has anyone gone to see it and is it worthwhile or a have for money
Printable View
We are straying off topic now, but Kiyosaki's books are mostly elementary common sense, nothing mysterious, earth moving, or dramatic, but I was taken by his "river of cash" description which is why I quoted it. It also goes without saying that your expenditure should be less than your income.Charles Dickens made that point in the 19th century.:)
Lewylewy has made the point.
Why go for a high dividend/lower capital growth portfolio when you could go for a lower dividend/higher capital growth portfolio and not pay tax and sell off some shares every year or so?
Best to have both.
Update: no decision yet but I still like the smartshare DIV ETF option.
My only knowledge of ETF's to date is with regard to precious metal etf's. They are considerd risky by some as they are potentially not all backed by the real bullion they proport to have behind them.
Can this same concern for ETF's be applied to the smartshare DIV ETF ? Appreciate your thoughts.
The DIV ETF neither uses hedges nor derivatives, just holds the underlying shares which make up the portfolio. That's according to
https://smartshares.co.nz/document-l...ded-funds1.pdf