Thursday, 6 August 2015
Sheila and Mike
My husband Mike and I run a small business, and Mike met Tobias through the BNI. The networking meetings gave Mike the opportunity to listen to Tobias once a week – you stand up and talk about your company. He liked what he heard and the rest followed on from there. That was back in March 2009.
Our main goal is to ensure that through correct investment we have a good lifestyle – now and when we retire. That lifestyle relies on returns from the investment. At the start we aimed for higher returns, which come with more risk, but now we’re being more conservative.
We are travellers. My mother still lives in the UK, and I like to visit her every 18 months. We had to make enough for me to go back to Scotland regularly. That was one aim.
Another aim is being able to visit family on a regular basis. Mike has three daughters - my step-daughters - and two of them live overseas. For Mike’s 70th birthday recently, he was able to fund them over here for his birthday.
We’re careful with how we spend our money, but enjoy spending it on what we need. We just bought a new car and are going to the South island next month.
Mike has always taken a keen interest in the investments - what they do and who we invest with. He and our adviser have a really good relationship. If we weren’t happy with anything, we would be able to say to him how we felt about it and he would act on it, no question. We appreciate his transparency and honesty. We meet twice a year at Spicers offices in Havelock North and you never get the feeling there’s limited time. We discuss things and do some rearranging of the portfolio.
Because we have regular reviews, we can see how the funds are being managed. And we assess the results against our existing goals, as well as our future goals. If we need funds at any stage – for a one off or whatever – we just say ‘we need X much’ and within an hour we’ll get an email from them to make it happen. Then the funds are deposited in our account within a couple of days.
We use WealthView to see our portfolio online. Mike looks at it (probably too often!) but we’re aware that investments can go down as well as up.
The content on this website is of a general nature and does not constitute financial advice or other professional advice. Before taking any action, you should always seek financial advice or other professional advice relevant to your personal circumstances. The circumstances of the person(s) featured in the customer story are likely to differ from your personal circumstances.
All forms of investment involve risk. No entity or person guarantees any investment products mentioned on spicers.co.nz, any investment in the products, or any returns on any investment in any investment product, gives any warranty of reliability or accuracy, or accepts any responsibility arising in any way from any error or omission. Past performance is not indicative of future performance and is not guaranteed by any party.
A disclosure statement is available from your adviser, on request and free of charge.
Ready to take the next step or have more questions?
Call 0800 102 100 to arrange a no-obligation consultation with a Spicers adviser... More >
The Advice Process
The advice process includes four stages – discovery, developing your plan, putting the plan into action and reporting/reviewing.... More >
How much do you need?
Use our calculators to identify your retirement and savings goals... More >
Looking for an adviser in your region?
Select your region to find a list of Advisers in your area or give us a call on 0800 102 100 to be connected with your nearest... More >