44. 5 Money Trends to Look Out For in 2023

In 2022 alone we’ve seen record interest rate rises, the highest rate of inflation in 30 years, house price declines, the threat of a looming recession and a number of global events that have added to the uncertainty.

The good news is that there is still an opportunity for you to grow your wealth in 2023 - if you know the habits that lead to long-term success. To help you on the journey, let’s take a look at what we can expect for the five big money trends of 2023.

In this episode, we cover: 

• Why cash is king when the cost of living is rising
• How shares aren't the only way to make money 
• The rise of sustainable investing I.e, Environmental, Sustainable and Governance (ESG)
• Why investors are keeping an eye out for Adrian Orr, the Governor of the Reserve Bank of New Zealand
• The importance of watching out for leverage

If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.

SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify

Follow us for fun chat & financial tidbits on IG: @itsnosecretnz
Got questions? Get in touch: www.itsnosecret.co.nz

Disclaimer:
Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.

Any information we provide is general only and current at the time of writing.

Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz