Goodlife Financial Advice

03/09/2026

Global M2 money supply has reached a record $150 trillion after climbing another $10.7 trillion year-over-year, a 7.7% rise. This is the ninth consecutive year-over-year increase above 7%. What many described as a temporary COVID response has instead continued without end.

When a larger money supply chases the same amount of goods, prices tend to rise. Some of this liquidity will start moving into Gold, Bitcoin, and Property as a hedge.

Similar trends have appeared in other countries since 2020. Canada’s M2 just reached $2.83 trillion—seven times its level in 2000. Wages have not multiplied by seven, but grocery bills likely have.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

I can’t stress this enough: Do not invest your long term wealth in to cash - invest instead into hard assets. Your cash is a melting ice-cube.

Get in touch 0508 GOODLIFE - [email protected] - www.GoodlifeAdvice.co.nz

31/08/2026

Bubble talk is everywhere right now, yet the data tells a different story.

The S&P 500’s forward 12-month P/E (price to earnings ratio) currently sits near 20. That’s not expensive by recent standards. Over the past five years the median has been higher (around 21), and even against the 10-year median of roughly 19.9, today’s multiple is essentially right in line with fair value.

Why does this matter? A forward P/E in this range means investors are paying a reasonable price for the next year’s expected earnings—not the stretched multiples we typically see at true market tops. In classic bubble environments, valuations disconnect sharply from earnings power and trade well above historical norms for extended periods. We’re not seeing that here. Earnings estimates have continued to rise, keeping the multiple in check even as prices have advanced.

In short, the “everything is overvalued / this is 1999 all over again” narrative struggles when you look at what the market is actually pricing for forward earnings. Valuations at these levels have historically been more consistent with average or better longer-term returns than with imminent collapse.

The bears may keep shouting bubble, but the first of these two key ratios suggests the market is far from the extremes they’re describing.

By the way - this post isn’t a ‘plug’ for the S&P500 index - only about 10 companies in the 500 are propping it up (AI of course) - Invest active over passive.

What do you think—still a bubble, or just a market pricing in growth?

Get in touch 0508 GOODLIFE - [email protected] - www.GoodlifeAdvice.co.nz

29/08/2026

Making that first $100,000 is the toughest financial milestone you’ll encounter. Once you clear it, reaching $1 million becomes far more manageable thanks to compounding. People often underestimate this dynamic, so here’s a straightforward illustration (based on a conservative 7% annual return).

Building from nothing to $100,000 depends almost completely on what you earn and how tightly you control spending. With little capital invested, compounding contributes almost nothing. Reaching that first $100K can require nearly eight years of disciplined budgeting, forgoing extras, and sticking with older vehicles.

After that $100,000 is invested and working for you, the pace accelerates sharply. Your capital begins generating its own returns. The stretch from $100,000 to $1 million moves much more quickly; the final jump from $900,000 to $1 million, for instance, takes only about 1.35 years—compared with the eight years it took to accumulate the original $100K. In roughly twelve months, the portfolio can essentially replicate the entire hard-won progress of those early years without any additional personal effort.

Becoming a millionaire is simply the mathematical outcome of making that early, difficult decision to save consistently and live below your means. Many people never accumulate meaningful wealth because they spend right up to (or beyond) their income, often relying on credit-card debt.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

Get in touch 0508 GOODLIFE - [email protected] - www.GoodlifeAdvice.co.nz

29/08/2026

Breaking: US M2 money supply jumped $102.8 billion in July, reaching a new all-time high of $23.22 trillion.

This extends the streak to 27 straight months of growth.

Year-to-date in 2026, the measure has already expanded by $862.7 billion.

It now sits $1.43 trillion higher than its previous peak in March 2022.

From 2000 onward, the money supply has increased at an average yearly pace of 6.3 percent—roughly $700 billion annually.

Overall, the pace of U.S. money creation is cranking - and that money needs to find a home!

28/08/2026

We shall see….

The ACT party wants to allow people to make tax-free profits from cryptocurrencies, like Bitcoin, as long as they hold onto it for more than a year.

26/08/2026

Panel discussion on Financial Advice in NZ. Out of 180 in attendance at this conference, only 3 of us are Financial Advisers - all keen to bring the digital asset space into our clients’ wealth portfolios ( Kerr Ungaro) - I applaud the FMA for being front and centre here and for Carlyon for also spearheading this space for Kiwis. MASSIVE thank you to Trevor Topfer and his team at BlockchainNZ for facilitating us to move in the right direction. 🙏🙏🙏

20/08/2026

Two people I know in the last week have been targeted by this scam. If you receive a phone call from the ‘police’ stating that copies of your identity have been found on an arrested person, and/or they also have usernames and passwords to your various logins, and/or they have crypto seed phrases and your name marked alongside it - Almost certainly this is a SCAM.

They will email you a case file number. Tell the ‘officer’ that you are hanging up and calling 105 to verify if this is legit. They will likely send an email from [email protected] - Note no .nz in the email address = SCAM!

The gentleman on the phone both times was a chap with an English accent.

Ask for a reference number and/or email from him. Immediately hang up. Dial 105 to verify! The REAL police are awesome and will help you!

This scam is so prevalent that it appears on the front page of the Police’s website front and centre!

19/08/2026

BREAKING: The US Treasury announces it will double the size long-term US government debt buybacks following the rapid surge in US Treasury yields.

Repurchases of $2 billion will now be increased to "at least" $4 billion, the US Treasury said.

The move is intended to provide "liquidity support" for bonds maturing in 10 to 30 years as total US debt nears $40 trillion.

Stealth quantitative easing…..

18/08/2026

US USD$40Tn in debt - and you better believe this impacts the entire financial world. Be it the US or NZ - they will keep printing dollars. We live in a Keynesian economic system that is designed at its core around debt and inflation. Keep ‘saving’ into dollars and watch your wealth slide backwards….

Invest into hard assets that can’t be printed…. Shares, property, crypto, commodities….. As the age of AI takes hold and abundance is on tap, scarcity will reign supreme.

Get in touch 0508 GOODLIFE - [email protected] - www.GoodlifeAdvice.co.nz

15/08/2026

We’ve been in business 27 years now and easily 90% - 95% of the clients who originally onboarded with us had really no retirement plans and not a lot going on in that department when we first met.

Having been doing this for so long now, we have a lot of those same clients who are now financially independent and retired. They never have to work another day in their life if they don’t want to.

The myth that it takes wealth to build wealth is just that - A myth….. anyone can get on the road to financial independence with:

- Advice
- A Plan
- The Right Investments
- Holding Those Investments (not selling when markets fluctuate)
- Pay Down Bad Debt

A get rich really bloody scheme….

Get in touch 0508 GOODLIFE - [email protected] - www.GoodlifeAdvice.co.nz