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When an investment earns interest, this may be added to the overall sum, resulting in compound interest – essentially earning interest on interest. Read about the compounding effect, and how powerful it can be over the long term.
This month's FMA Investor Profile features Te Kahukura Boynton, (Te Whakatōhea, Ngāti Kahungunu, Ngāi Tūhoe) an 18-year- old Waikato law student on a mission to empower Māori to become financially independent through her investing and self-development platform ‘Māori Millionaire’.
September 30 2022 is the target date for all Class 1 or Class 2 financial advice providers to apply for their full license. FMA talks about progress and support available in the run down to the target date.
This month's FMA Investor Profile features Bradie Claydon, a wife and mum of three who is a Registered Legal Executive by day and runs the social media platform Kiwi Girl on a Budget in her spare time.