Kiwi Talkz #50 - Darcy Ungaro Interview (NZ Everyday Investor, Debt, Residential Property, Shares, Gold, Cryptocurrency etc.)
Darcy Ungaro is a financial advisor and the host of the investment podcast NZ Everyday Investor.
SOCIAL MEDIA
Website - https://ungaro.co.nz/nzeverydayinvestor/
Facebook - https://www.facebook.com/TheNZEverydayInvestor/
Twitter - @UngaroDarcy
Instagram - @nzeverydayinvestor
TIMESTAMPS
00:40 - Why Darcy Became A Financial Advisor
02:40 - How Darcy Started The NZ Everyday Investor Podcast
05:00 - Darcy’s Financial Advising Style/Common Questions Darcy Gets
06:40 - Good Debt & Bad Debt/Reasons Why People Get Into Debt
08:18 - Debt Coming From Belief System
09:10 - Good Debt/Examples Of Good Debt
10:52 - Good Debt Being Used To Buy Property
11:35 - Safely Taking Risks With Shares/Invest Or Paying Debt
13:23 - Diversifying With Investments
15:30 - How Darcy Explains Investing To Noobs
16:45 - Auckland House Prices/Struggling To Save
18:30 - People Being Caught Up In The Injustice Of How Difficult House Ownership Is
19:00 - Looking At Other Options Of House Ownership/Buying Outside Of Auckland
21:06 - Reece Gives Backstory Of How He Purchased His First House
22:36 - Darcy Uses Reece’s Story To Detail Different Housing Options
23:07 - Compromising On Your Housing Desires
24:18 - Darcy Gives Clients The Hard Truth/Rage Against The Machine
25:49 - Being A Slave To Your Mortgage/Trends Of First Home Buyers
27:00 - Housing Desires Changing Due To Circumstances e.g Children
28:00 - Reece Is Conscious Of Mortgage Repayments
28:59 - Staying The Course With Investing During Covid-19
30:45 - Repositioning Your Investment During Uncertain Times
32:33 - People Are Sheep
33:47 - Sharemarkets During Lockdown/Kneejerk Reactions
35:50 - Not One Size Fits All With Investing/Internet Providing Conflicting Information
38:09 - Darcy Still Changes His Views On Investing/Not Handling The Truth
39:54 - Reece’s Podcasting Style
40:48 - How Darcy Approaches Each Client
42:56 - So Many Different Types Of Financial Advice/How Darcy Operates
46:40 - Gold & Cryptocurrency Is Against The Status Quo
48:15 - Gold & Cryptocurrency Vs Shares
54:29 - Different Types Of Commercial Property
55:37 - Industrial Property Is A Necessity
56:45 - Reece Asks Darcy A Question He’s Never Been Asked Before
57:42 - Why Darcy Left Canada To Come To NZ
58:59 - NZ Will Be Prime Investment Due To It Being A Safehaven From Covid-19
1:01:16 - Problems With Auckland/Viewing Auckland Homes At Investments
1:02:52 - Where To Follow The NZ Everyday Investor Podcast
1:03:15 - Reece & Darcy Reflect On Information They Think Is Good But Audience Think Is Rubbish
1:05:11 - Where To Follow The NZ Everyday Investor Podcast Social Media