Jarrod Kerr joins me in this podcast episode 'Keep on Truckin' I've been listening the Grateful Dead recently - such a good band. Their songs always have so much ambiguous meaning behind them that can often be applied to range of topics "Truckin', got my chips cashed in Keep truckin', like the do-dah man Together, more or less in line Just keep truckin' on" As investors, we should be retaining a cash balance at times - to weather a storm, take advantage of opportunities, or just staying the course. "Sometimes the light's all shinin' on me Other times, I can barely see Lately, it occurs to me What a long, strange trip it's been" We'll never know how long and how strange this trip has been, until it's over, and we've past through the latest tunnel we're heading through. Some businesses and some long term trends, will die - some will thrive. This potpourri of fear and greed emotions that abound will often cloud our judgement when it comes to making investment decisions. "Sittin' and starin' out of the hotel window" Strong leadership emerges over time from those who have gone through tough times before - it's way too soon to praise, or to judge, our leadership through this pandemic. Sitting and staring outside the window does amazing things for us - it's a pre-requisite condition for creativity. Solutions to problems (innovation) is born during these times. In this episode, Jarrod Kerr (Chief Economist at KiwiBank) and I explore the following topics: Business confidence is down, and it's still dropping. Much of the pain is yet to come. Is the damage caused by the lockdown (economic, social, mental heath) worth it? www.nzeverydayinvestor.com What are some 'silver lining' moments? Specifically what trends and what businesses are poised for success? The best response to the current pandemic is fiscal, not monetary - what does this mean? This episode is an essential one. The Covid-19 pandemic will act as a catalyst to bring about significant change in the new world - we will never invest the same beyond this point...and that's not a bad thing. Just because what we're heading into is 'unknown', it doesn't have to be scary. I'll leave you with this quote from Jerry Garcia: "Stuff that's hidden and murky and ambiguous is scary because you don't know what it does." - Jerry Garcia (The Grateful Dead) ... https://www.youtube.com/watch?v=3Gz4xxjgA7s

120 - your age = % of your portfolio that should be allocated towards shares. This is one of many 'rules of thumb' you may occasionally come across. The 60/40 portfolio is another one - 60% in shares, 40% in equities. The question Rupert and I are chatting through tonight is this: Have we witnessed the death of the 60/40 portfolio? As usual - this isn't financial advice - heck, it's not even close - but I do hope it get's you thinking! ... https://www.youtube.com/watch?v=mixw4kTtLUE