A third of our exports go to just one country, who can replace us in a heartbeat.
Fonterra has become an expert in influence over our government.
Tensions are rising in the geo-political sphere, and the day is approaching fast where we're we'll have to pick a side between trade with East and security with the West. What are we going to do?
Further, when your vote is carries perhaps .00000002% influence over how this country is run, is it right that the vote of one entity carries this much influence?
I'm still not sure how this affects the everyday investor, but I know it will - the problem is, no one's talking about this.
What’s Happening in the World Economy: China's Intensifying Headaches - Bloomberg
China-trade-report-2022-update.pdf(nzchinacouncil.org.nz)
Fonterra's profits are increasingly reliant on China | Stuff.co.nz
_________________________________
News of the Money-World is an informative, news 'style' podcast, produced in partners with koura KiwiSaver, one of NZ's most innovative digital KiwiSaver advice provider.
Hey! Like what you've heard today?
I'm on a mission to help you grow wealth, protect it, then give it away.
Here's some ways you can get alongside the NZ Everyday Investor - no pressure, but I'd appreciate any help you could offer:
1 - Spread the word! I want as many as possible to build wealth, protect it, then pass it on. Write a review on the platform you're listening to this on, share on social media, and talk to your friends about it.
Share this Spotify link
2 - Use the following referral/affiliate links. It's not a game-changing, but every little bit can help fund some production costs and in some cases, the benefit is all yours!
Hatch: $10 for you, and $10 for me, if you sign up and deposit $100NZD.
Sharesies: $10 for you, and $10 for me, if you sign up for the first time with them.
Easy Crypto: One of NZ's most trusted places to buy/sell your digital assets.
Sharesight: Get 5 months free when you sign up to an annual (paid) subscription. Check out to this Kiwi-born investment-tracking platform.
CMC Markets: You and I both get $150 if you sign up using this link. *Note that 'contracts for difference are a high risk investment option. Read t's and c's here
3 - The next time you're reviewing your insurance requirements, obtaining a new mortgage, reviewing your KiwiSaver, or you'd like to work on your own Financial Strategy, please consider using Ungaro & Co, the main (silent) partner of this podcast.
Book a free 30-min session to 'get you your KiwiSaver sorted, using active and passive strategies- click on this link.
Book a free 15-min chat to discuss how our Financial Strategy and Mortgages/Property advice can build wealth - click on this link.
Book a free 15-min chat to discuss your Personal Insurance Strategy here - click on this link.
_________________________________________________________
So, what else?
1 - I have no shortage of ideas that I think are pretty cool to cover on this podcast, but what would you like to hear? Ask me anything, suggest a topic!
2 - Increasingly, there's more content you can discover on other platforms, please ensure you have subscribed to us on Youtube
3 - Hear more opinion and perspectives from Darcy around the topics covered by signing up to a newsletter - no, this isn't for spam/marketing purposes. Sign up to our newsletter here
Disclaimer: Please act independent from any content provided in these episodes - it shouldn't be 'financial advice' if there's no accounting for your individual circumstances, but better safe than sorry. Do your own research, taking on board a broad range of opinions, or ideally, consult and engage a financial adviser to provide guidance around your specific goals and objectives.
I genuinely want you to build new wealth for the new world - I want you to protect it, and I want you to be generous!