#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