1. Clear all your high interest debt If you put your Christmas gifts on the credit card, pay it off as quickly as you can! Set money aside each payday for your normal bills (food, power etc) and put as much as you can of the rest of your pay onto the credit […]
5 things you need to know if your partner is diagnosed with Alzheimers or Dementia
1. Make sure that your legal documents are in place and up to date Seek legal advice as early as you can about the implications of the diagnosis on your asset ownership structures. Ensure that wills are made, and also that an Enduring Powers of Attorney (EPA) are made. An EPA appoints someone to make […]
Why Market Corrections Can Be A Good Thing
Our investment clients know that we have been saying for at least 18 months that we are due for a market correction, and it appears that we currently have it happening. A market correction is not necessarily a bad thing! Market corrections happen OFTEN. It is in the nature of share markets (and property markets) […]
the Chinese share market crash in perspective and what it means to the rest of the world
By Janet Natta in blog, Chinese Share Market, Investment Bubbles, Janet Natta, KiwiSaver, New Zealand economy
15 July 2015 For the year to 30 June 2015, the Chinese share market has risen 150% However, in the last four weeks, the Chinese share markets have fallen 30%. $3 trillion US dollars in value has been wiped off the share markets. The Chinese share market as it stands today is a relatively young […]
Watching a Greek Tragedy Unfold…. (as at 08 Jul 2015)
On Sunday (06/07/2015), the Greek people took to the polls to vote in a controversial referendum asking if they were happy to go with the terms of extended financing to their Government from the European leaders, or not. The answer has been a resounding NO. Greece defaulted on an International Monetary Fund (IMF) loan repayment […]
Auckland House Prices – Economics 101
The Reserve Bank Deputy Governor, Grant Spencer, made some strong statements in the media Wednesday 15 April about wanting the Government to introduce a capital gains tax on property investments. The media is continually full of stories about the housing booms in Auckland and Christchurch, telling us that we have an investment bubble and that […]
Oil prices and what it actually means for the NZ economy
International oil prices halved during 2014 There has been a lot of talk in the press in the last few months about the falling price of oil. International oil prices have halved during 2014, from a high of US $105 a barrel to US $53 a barrel at the end of 2014. As of writing […]
Leaving a legacy
This is a conversation that has come up for me a few times in the last few months with people, and it has really gotten me thinking. Everyone leaves a legacy, whether they intend to or not, but what kind of legacy do you want to leave?? Dictionary.com defines a legacy as: Law. A gift […]
Trans-Tasman Superannuation Fund Transfers – new rules
From 1 July 2013, New Zealanders will be able to transfer their Australian superannuation funds back to New Zealand and into registered Kiwisaver schemes. Similarly, New Zealanders living in Australia will be able to transfer NZ superannuation and Kiwisavers over into Australian superannuation schemes. Currently, Australian self managed superannuation funds (SMSF) are excluded from the […]
What is an investment bubble and what does it mean…?
This is a term that we have not used for quite some time, but it is one that we are going to start to use again shortly, with regards to the listed property investment asset class. An investment bubble is much as it sounds. A bubble forms when we have a reasonably rapid increase in […]