Financial Advice

[audiav]

Anyone have recommendations of advice services you use, to support your investing? Most here probably do it themselves and I have friends who are happy to hand over full control. Don’t really know anyone in the middle, who wants to keep in the game with advice (time poor, ie living life). Still young, 50!

I'm at the point where I have over 500K but less than a million, a bit of that in KiwiSaver but expecting further boosts into the future.

Chris Lee offers what looks like an interesting option.

Happy for DMs for recs.

[JBmurc]

Anyone have recommendations of advice services you use, to support your investing? Most here probably do it themselves and I have friends who are happy to hand over full control. Don’t really know anyone in the middle, who wants to keep in the game with advice (time poor, ie living life). Still young, 50!

I'm at the point where I have over 500K but less than a million, a bit of that in KiwiSaver but expecting further boosts into the future.

Chris Lee offers what looks like an interesting option.

Happy for DMs for recs.

IMHO not hard to read a few books on the subject and listen to those of us that do it for a job and have done for decades .. then make up your own mind

I know of a few brokers and they kiss ass to all their high net worth investors and milk fat fees while the returns are pretty average ..if you're happy with low returns buy some index funds- ETFs etc..

could always go 50/50 throw some with a local broker that's well know to be good at his trade

If someone come to me for a safer long-term investment ... I'd be putting forward a diverse set of undervalued blue chip resource stocks ... prob least 10x international stocks across the ASX-TSX-NYSE-LSE would be a good mix.. many pay very good dividends

IMHO it's very simple we humans consume and will always need resources be it food or minerals.... energy etc

[kiora]

Anyone have recommendations of advice services you use, to support your investing? Most here probably do it themselves and I have friends who are happy to hand over full control. Don’t really know anyone in the middle, who wants to keep in the game with advice (time poor, ie living life). Still young, 50!

I'm at the point where I have over 500K but less than a million, a bit of that in KiwiSaver but expecting further boosts into the future.

Chris Lee offers what looks like an interesting option.

Happy for DMs for recs.

Whats wrong with what you've got audi?
https://kernelwealth.co.nz/funds/global-100

[audiav]

I’m hoping using advice will value add to my decision making. Studies suggest advice should add at least 1-2% pa. No idea if those studies are bunk/self interested.

(In health we can medically manage (with meds) a heart attack, but if patient goes to a specialist for intervention (stent) etc then outcome is better for patient). That’s what I’m looking for.

Always read your investment strategies posts Kiora.
Have my own investment plan, drifting along, moving more to Bobdn strategy as time goes by. Which I’m happy with, but want to make sure I’ve got everything covered off.

[Wright]

Hi JBmurc,

Really enjoy your informative posts on stocks in the resource sector. Can I ask what your "10x" resource stocks would be as mentioned in the post below?

IMHO not hard to read a few books on the subject and listen to those of us that do it for a job and have done for decades .. then make up your own mind

I know of a few brokers and they kiss ass to all their high net worth investors and milk fat fees while the returns are pretty average ..if you're happy with low returns buy some index funds- ETFs etc..

could always go 50/50 throw some with a local broker that's well know to be good at his trade

If someone come to me for a safer long-term investment ... I'd be putting forward a diverse set of undervalued blue chip resource stocks ... prob least 10x international stocks across the ASX-TSX-NYSE-LSE would be a good mix.. many pay very good dividends

IMHO it's very simple we humans consume and will always need resources be it food or minerals.... energy etc

[JBmurc]

Hi JBmurc,

Really enjoy your informative posts on stocks in the resource sector. Can I ask what your "10x" resource stocks would be as mentioned in the post below?

If I was to set up a 10x resource stock for a guy that wanted great longer-term upside lower risk and diversity across resource sectors..

say if 500k was the budget..I'd put say



-APM-TSXV SILVER/GOLD (TIN) producer USA/Bolivia low P/E. -$50k

-ITE-TSX O&G Canada/UK producer High yield 8%+ sub 10 P/E. -$75k

-THS-LSE PGM/Chrome Producer very low P/E 6% yield -$50k

-NCX-TSX Large Copper/Gold development project/exploration in Canada -$25k

-PBR-NYSE-Petrobras O&G low P/E high 12% Yield -$75k

-SBSW-NYSE-PGM/GOLD/Zinc etc out of favour Giant PGM/GOLD miner longer term hold will reward -$50k

-MAY-ASX O&G Major Cuban Oil discovery soon to be producer growth stock -$50k

-KSN-ASX Gold/Silver/base metal producers will have very low P/E going forward. -$50k

-RDM-ASX REE/Cu/SILVER explorer with 50.1% holding in MMA Large Silver project in Aus -$35k

-KRM-ASX nickel, copper, PGE in the Nordic region 80% backed by large Cash balance great mgmt JV deal with BHP likely -$40k

[Wright]

Many thanks for taking the time out to put that list together. How many of them do you own?

If I was to set up a 10x resource stock for a guy that wanted great longer-term upside lower risk and diversity across resource sectors..

say if 500k was the budget..I'd put say



-APM-TSXV SILVER/GOLD (TIN) producer USA/Bolivia low P/E. -$50k

-ITE-TSX O&G Canada/UK producer High yield 8%+ sub 10 P/E. -$75k

-THS-LSE PGM/Chrome Producer very low P/E 6% yield -$50k

-NCX-TSX Large Copper/Gold development project/exploration in Canada -$25k

-PBR-NYSE-Petrobras O&G low P/E high 12% Yield -$75k

-SBSW-NYSE-PGM/GOLD/Zinc etc out of favour Giant PGM/GOLD miner longer term hold will reward -$50k

-MAY-ASX O&G Major Cuban Oil discovery soon to be producer growth stock -$50k

-KSN-ASX Gold/Silver/base metal producers will have very low P/E going forward. -$50k

-RDM-ASX REE/Cu/SILVER explorer with 50.1% holding in MMA Large Silver project in Aus -$35k

-KRM-ASX nickel, copper, PGE in the Nordic region 80% backed by large Cash balance great mgmt JV deal with BHP likely -$40k

[JBmurc]

Many thanks for taking the time out to put that list together. How many of them do you own?

own all but THS-SBSW-PBR ..that are all on the BUY soon list ...just waiting on MAY to drop the major news we have been waiting on for years and then I'll shift some of those funds across to those three ...

I hold a few others but real spec shares I wouldn't recommend for BUY n HOLD longer term as much riskier low cash base explorers ..but could 10x bagger etc

[Bjauck]

own all but THS-SBSW-PBR ..that are all on the BUY soon list ...just waiting on MAY to drop the major news we have been waiting on for years and then I'll shift some of those funds across to those three ...

I hold a few others but real spec shares I wouldn't recommend for BUY n HOLD longer term as much riskier low cash base explorers ..but could 10x bagger etc

Thanks for the interesting list and summary from me too.

Anglo-American maybe spinning off some of its subsidiaries after it turned down the BHP offer.

[Bjauck]

I’m hoping using advice will value add to my decision making. Studies suggest advice should add at least 1-2% pa. No idea if those studies are bunk/self interested.

(In health we can medically manage (with meds) a heart attack, but if patient goes to a specialist for intervention (stent) etc then outcome is better for patient). That’s what I’m looking for.

Always read your investment strategies posts Kiora.
Have my own investment plan, drifting along, moving more to Bobdn strategy as time goes by. Which I’m happy with, but want to make sure I’ve got everything covered off.

Do you own a house as well? If you have a remaining mortgage, it could be a good idea to pay that off and discharge the mortgage?