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Well, thought I'd do an initial post to get my blog rolling.


I come from New Zealand, a country whose people are known for being some of the worst savers around - me included. Ever since earning a good living I've spent most of the money I've had. Now some of those things have been on items like houses, which I consider a good thing, but a lot was wasted on junk.


I was introduced to investment through my work's stock schemes as well as superannuation, but they were pretty passive endeavours and I gave little mind to them. When I did sell stock it was always when it had had a little jump and most of the time, it continued to grow afterwards.


Since discovering Motley Fool, if I've learned one thing, it's "be patient". So now I've hit 35, I've decided to actually start some investments. I'm a medium risk guy, and my wife's low risk so we need to balance that. I have a few individual stocks, in SYMC and NTDOY.OK. Primarly because the former was my employer and I learned a bit about the business that way, and the latter because I've been a video gamer some 25 years and have been following Nintendo quite closely the last year or so.


My main plans are to have most of our intial portfolio in a rental property and indexed funds. Now I just need to find the funds. Vanguard 500 will probably be one of them.


One thing I need to consider is that in New Zealand we currently don't have any Capital Gains Tax - which is brilliant for us who invest in overseas companies. Unfortunately the government is about to change that for overseas investments, so losing 39% of your returns when you realise them (You'll actually also have to pay on unrealised money in some cases!) makes offshore investments less attractive an so I'll start looking into the New Zealand and Australian markets.


Well that's it for now. I'll track my progress here from time to time.



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