Milford Asset Management – The Budget reinforces it is time…

The Budget reinforces it is time for another Superannuation Accord Published in Blog, Economy, KiwiSaver on 25 May 2012 The 2012 National Budget was disappointing as Savings and KiwiSaver, in particular, seem to be one of the first areas where the National Gov looks for cuts first when trying to balance the books.  The pattern [...]

Investopedia: Term of the Day – Ponzi Scheme

What does it mean? A fraudulent investing scam promising high rates of return with little risk to investors. The Ponzi scheme generates returns for older investors by acquiring new investors. This scam actually yields the promised returns to earlier investors, as long as there are more new investors. These schemes usually collapse on themselves when [...]

The Great Financial Paradox

Reblogged from Live Well, in Best Health, with More Wealth: Anyone who wants to build wealth or achieve financial freedom and independence needs to seriously consider the act of charitable giving, even before “having the money to do it.” I realize that this probably the most counterintuitive financial advice you’ve ever heard, but giving 10% [...]

Economic Stimulus: Investopedia Term of the Day

For APRIL 13, 2012 Economic Stimulus What does it mean? Attempts by governments or government agencies to financially stimulate an economy. An economic stimulus is the use of monetary or fiscal policy changes to kick start a lagging or struggling economy. Governments can use tactics such as lowering interest rates, increasing government spending and quantitative [...]

Investopedia: Cash Flow Statement

Cash Flow Statement   What does it mean? One of the quarterly financial reports any publicly traded company is required to disclose to the Government and the public. The document provides aggregate data regarding all cash inflows a company receives from both its ongoing operations and external investment sources, as well as all cash outflows [...]

Investopedia – Market Capitalization

The total dollar market value of all of a company’s outstanding shares. Market capitalization is calculated by multiplying a company’s shares outstanding by the current market price of one share. The investment community uses this figure to determine a company’s size, as opposed to sales or total asset figures. Frequently referred to as “market cap”. 

Onepath WIN New Zealand Fund Manager of the Year – Morningstar

OnePath won the overall New Zealand Fund Manager of the Year Award. “The winners in the New Zealand Morningstar Awards have all shown themselves to be outstanding stewards of their investors’ capital,” said Morningstar Australasia Co-Head of Fund Research Chris Douglas. “Their expertise, skills, and resources have enabled them to provide top-notch risk-adjusted returns for [...]

Media vs Reality

More often than not the media reporting on finance are prone to make “scary” statements, with little backing just so they have “news”, which of course means it needs to be something bad. One of these instances was noticed recently by a DecisionMakers adviser, Colin Austin…   I run two screens on my PC , check [...]

Update from Magellan – Hamish Douglass CEO, Portfolio Manager

Magellan Global Update – February 2012 Click on the link to watch the latest Global Update from these talented managers. Remember though that is not personal advice and any questions you have should be directed to your financial adviser. If you don’t have one, find out here how a financial adviser can help you achieve [...]

Definition of ‘Consumer Price Index – CPI’

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and averaging them; the goods are weighted according to their importance. Changes in CPI [...]

Please be patient with us

In the next couple of months we will be changing this website so it is more user friendly and will hopefully be more of what interests you.  If you have anything specific you would like to see leave a comment…

Will Facebook turn into Wall St gold?

Reblogged from Financial Post | Business: Mark Zuckerberg has reached the age of 27 without ever having a boss. He glided from private school to billionaire chief executive of Facebook, via Harvard, doing things his own way. That is set to change as Facebook lists on the New York Stock Exchange. Facebook’s IPO, the most [...]

Investopedia Term of the Day: Rothschild

This has is an amazing little history lesson, I learnt something today!   Rothschild What does it mean? A prominent family of German bankers that established banking and finance houses in Europe. The Rothschild family molded the way the international world works today. They were the pioneers in international high finance and were critical in [...]

Words of Wisdom from the Oracle…

The Oracle of Omaha

Happy New Year! 2012 Predictions…

What will the New Year bring?  Your guess is as good as mine, but there are a few predictions starting to come out from influential people, here are some of their thoughts… From John P. Hussman, Ph.D. ( hussmanfunds.com) “Happy New Year. We enter 2012 with a great deal of hope, but our hopes are [...]

The sun is shining, the hail is falling…

Just as the weather seems to be a little confused at the moment ( it is Summer I think), it can be very confusing trying to make sense of all the reports in the media about the Eurozone. The reality is that the problem stems from 80 years of overspending and that we will not [...]

A blokey culture that costs the country… Sydney Morning Herald

A blokey culture that costs the country billions in wasted resources William Pesek October 8, 2011 Read more: Click here Paul Hogan’s reptile-wrestling tough guy from the 1986 movie Crocodile Dundee typified Australia’s reputation for “mateship”, a creed of male friendship that often excludes women. A quarter of a century on, it’s costing the country [...]

New from AMP Capital: Megatrends for Investors

27 September 2011 This Investment Insight focuses on key trends relevant for investors – and the implications of these trends. Key trends include constrained growth in advanced countries, heightened volatility, higher savings, increased political dysfunction, low inflation, the Asian century, strong commodity prices, globalisation, ageing and slowing populations and the environment. The key implications for investors: get [...]

The GFC has only just begun – Financial Alert

by Robert Keavney |  Monday, 5 September 2011 The GFC never ended, and the bill for a quarter century of profligacy may be due. What happened to the collateralised debt obligations and other toxic assets, which were the focus of so much attention during the global financial crisis? Were they repaid? Broadly, no. Have they increased [...]

A Fund Manager’s Perspective: Harbour Asset Management

If you are interested in how the fund managers are viewing this latest round of volatility in the sharemarkets please read the attached document.  Here is a sample of what is inside… Australian Confidence Still Depressed Recent market volatility has not significantly changed in our views that: We are in for a softer period of [...]