A recent survey from Seek, the online job marketplace, showed that approximately 28% of people are made redundant at least once in their working life time. Another survey in Australia has found that employers view redundancy as a commercial decision … Read More
The asset allocation of an investment refers to the types of investments that you – or your investment fund – owns and how it is divided up. These are basically split into 2 categories – INCOME assets such as cash, … Read More
I have always been a firm believer in sitting down after a bad experience or period in my life to work out what I have learned from the experience and what I will do differently moving forward. Like many of … Read More
I have been watching the Nigel Latta show on how to avoid scams (TV1, Monday nights at 8pm). I will say that it is enough to give you nightmares. Some of the scams are just so sophisticated and the lengths … Read More
The Climate Change Act commits the UK government by law to reducing greenhouse gas emissions by at least 100% of 1990 levels (net zero) by 2050. This includes reducing emissions from the devolved administrations (Scotland, Wales and Northern Ireland), which currently … Read More
There are many names for it – rainy day money, a nest egg, a MOJO account – but the concept is the same. It is a wise financial decision to have an amount of money set aside in a … Read More
Consumer NZ research released in April 2022 found that the “Bank of Mum and Dad” was the 5th largest lender (after ANZ, ASB, Westpac and BNZ) when it came to helping their adult children into homes. According to the research, … Read More
Women are not EARNING the same wage as their male counterparts. Statistics NZ says that as of May 2021, the gender PAY gap was 9.09% (based on median hourly wage and salary earnings). This gap equates to around $12,000 per … Read More
I loved economics at University. I found that it was interesting and (mostly) logical and it explained things that happened in the financial marketplace in a way that made sense. One of the things that we learned was the theory … Read More
You may have wondered why economists, the media and your financial adviser get all excited about official cash rate announcements! The official cash rate is set by the Reserve Bank of New Zealand. It is one of the tools that … Read More
1. Buy expensive, sell cheap. DALBAR has been publishing annual studies for 23 years showing how investors always get a lower performance than the relative index – and it is entirely based on emotional buying and selling. The best process … Read More