Practical Wealth Podcast

Practical Wealth Podcast
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Most New Zealand finance podcasts are built around one topic. Property. Shares. KiwiSaver. The result is advice with a blind spot built in. Practical Wealth Podcast is different. We cover the full picture. Investing, insurance, KiwiSaver, and property. Because real financial wellbeing comes from understanding how everything works together. Practical, honest, and grounded in New Zealand. No jargon. No agenda. Just clear thinking from two advisers who work with real Kiwis every day. Proudly brought to you by Invicta Financial.

  1. 4d ago

    Practical Wealth | Part 3 - Investing in Auckland Property: Rentals, Yields, and Strategy with Joseph

    In this final part of a three-part series on Practical Wealth, host Lucas is rejoined by Joseph, a Business Development Manager (BDM) at Barfoot & Thompson. Joseph shares market insights and practical strategies for investing in Auckland’s rental market. In this episode: Auckland Rental Market Dynamics: The current state of rental demand, seasonal market slumps, and a BDM tip on timing tenancy agreements to maximize rental returns. High-Demand Areas & Property Types: Why standalone family homes in prime school zones, such as Double Grammar, Westlake, Rangitoto, and Takapuna, are performing best. Vacancy Budgeting: Why landlords should realistically budget for 4 to 6 weeks of vacancy when securing new tenants. Yields & Investment Realities: Understanding current gross and net rental yields in Auckland, managing mortgage top-ups, and common mistakes made by new investors. Auckland vs. Regional Investing: Evaluating long-term capital growth potential versus better short-term rental yields in markets outside of Auckland. General information only, not personal financial advice. For advice on your situation, talk to a licensed financial adviser. Practical Wealth is brought to you by Invicta Financial.

  2. Oct 11

    How a 24-Year-Old BDM Overcomes the Brutal Reality of Cold Calling & Objections

    In this episode of Practical Wealth, host Lucas is joined once again by special guest Joseph, a Business Development Manager (BDM) at Barfoot & Thompson. In this second part of a three-part series, Joseph dives deep into the realities of sales, cold calling tactics, and navigating common objections in real estate. In this episode: Cold Calling & Motivation: Managing the mental high and lows of cold calling, differentiating a "not now" from a "never," and staying motivated by focusing on client value. Property Management vs. Self-Managing: Why relying on AI tools like ChatGPT during tribunal disputes won't protect self-managing landlords compared to professional property management. Overcoming Age Objections: How 24-year-old Joseph addresses concerns about his youth with honesty, client testimonials, and lighthearted gratitude. Daily Routines & Differentiation: Building baseline non-negotiable habits as a night person and differentiating himself as a BDM by prioritizing client trust and transparency over bonuses and commissions. Navigating Price Objections: reframing fee concerns through property audits to uncover hidden costs like vacancy rates and lost time. Maintaining Mindset: Overcoming tough days through gratitude, prayer, and maintaining a lifelong student mindset in sales. General information only, not personal financial advice. For advice on your situation, talk to a licensed financial adviser. Practical Wealth is brought to you by Invicta Financial. https://www.invictafinancial.co.nz/

  3. Oct 4

    The Landlord Mistake That Can Cost You Everything | Part 1 Joseph Hickton

    In this episode of Practical Wealth, host Lucas is joined by special guest Joseph, a Business Development Manager (BDM) at Barford & Thompson. In this first part of a three-part series, Joseph shares his background, career path, and insights into the real estate industry. In this episode:  Career Journey: Joseph's sales experience starting at age 15 in retail - including Amazon Surf and Skate and Michael Hill - working in hospitality, on a film set, and selling concrete at Hynes Pipe Systems before moving into real estate. Property Management: Transitioning into real estate, starting as a property management cadet, working in a hybrid management/BDM role in Milford, and moving up to Barford & Thompson's head office. Social Media & Consistency: Overcoming the fear of judgment to regularly create video content, building personal credibility, and using social media as an avenue to inspire others. The Importance of Income Protection: A real-world example of how a sudden job loss and tenant issues put an investor into financial turmoil, highlighting the vital role of income protection and professional property management. Learning Mandarin: How a 30-day trip to Taiwan inspired Joseph to learn Mandarin to better connect with clients in Auckland's diverse community. General information only, not personal financial advice. For advice on your situation, talk to a licensed financial adviser. Practical Wealth is brought to you by Invicta Financial.

  4. Sep 27

    The State of KiwiSaver: Stats, Default Funds, & Growth Strategies

    In this episode of the Practical Wealth podcast, we dive deep into the current state of KiwiSaver. We explore key data and trends surrounding New Zealand's second-biggest financial asset class, including default funds, member engagement, and the power of long-term compound interest. In this video, we discuss: KiwiSaver Market Breakdown: Current overall numbers and average balance comparisons. The Truth About Default Funds: What a default fund is, how they function, and why they act as a temporary "parking spot" for your money. Contribution Habits: The growing number of inactive non-contributing accounts and the impact of short-term spending priorities. Fund Types & Shifts: Understanding fund risk profiles and the recent asset allocation trend flipping from conservative to growth funds. KiwiSaver vs. Australian Super: How the New Zealand retirement scheme measures up against Australia’s Super system in balance size, contributions, and future usage. Disclaimer: This video is for general educational and informational purposes only and does not constitute personalized financial advice. Please consult a qualified financial advisor regarding your personal situation.

  5. Sep 20

    Understanding Personal Insurance: Life, Trauma, Income Protection, & Health

    What type of personal insurance cover do you actually need? We break down the main types of personal insurance to help protect you and your family. Episode of Practical Wealth. Lucas and Jared explore the key options available, from life and health insurance to trauma, income protection, and total permanent disability (TPD). Knowing what cover you need isn't always clear, especially as your life, mortgage, and family situation evolve. In this episode, we chat through how each type of cover works and why having a tailored plan matters. In this episode:  Life insurance basics  Trauma/Critical illness insurance  Income protection vs ACC  TPD (Total Permanent Disability) cover  Health insurance and non-Pharmac drugs  Customizing cover to fit your budget  General information only, not personal financial advice. For advice on your situation, talk to a licensed financial adviser. Practical Wealth is brought to you by Invicta Financial. Subscribe for new episodes every Monday.

  6. Sep 13

    What Is The Value Of Speaking To A Financial Advisor?

    Should you really make financial decisions on your own? We talk about the value of having a financial adviser in your corner. Episode of Practical Wealth. Lucas and Jared explore why managing your money isn’t always as simple as knowing what you should do. When markets fall, emotions take over. When life changes, priorities shift. And sometimes the decisions that feel right in the moment can have a big impact on your long-term financial future. In this episode: Value of an advisor Emotions drive decisions Switching funds What would an advisor actually do? Reviewing your KiwiSaver One improvement to KiwiSaver General information only, not personal financial advice. For advice on your situation, talk to a licensed financial adviser. Practical Wealth is brought to you by Invicta Financial. Subscribe for new episodes every Monday.

  7. Sep 6

    Should KiwiSaver contributions be forced up to 6%? We debate it.

    Lucas and Jared go head to head. More forced savings for a bigger nest egg, or lower contributions and freedom to invest elsewhere. Plus why automatic investing and compounding matter more than the rate itself. General information only, not personal financial advice. Practical Wealth, brought to you by Invicta Financial.

  8. Aug 30

    They only wanted a small business. It blew up instead.

    From a casual chat to a nationwide firm. The Invicta story with Tom. Lucas sits down with co-founder Tom on how Invicta started, why it grew faster than planned, the shift to digital, and the vision to build one umbrella brand for all things money in New Zealand. Practical Wealth, brought to you by Invicta Financial.

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About

Most New Zealand finance podcasts are built around one topic. Property. Shares. KiwiSaver. The result is advice with a blind spot built in. Practical Wealth Podcast is different. We cover the full picture. Investing, insurance, KiwiSaver, and property. Because real financial wellbeing comes from understanding how everything works together. Practical, honest, and grounded in New Zealand. No jargon. No agenda. Just clear thinking from two advisers who work with real Kiwis every day. Proudly brought to you by Invicta Financial.

Information

  • Creator
    Practical Wealth Podcast
  • Years Active
    2026
  • Episodes
    14
  • Rating
    Clean
  • Copyright
    © Practical Wealth Podcast
  • Show Website
    Practical Wealth Podcast