Is it Time to Rethink your Term Deposit Strategy?
Term deposits are currently riding near a 15-year peak, offering investors a temporary high. However, this upward trend is not projected to endure. The accompanying table lays out a clear picture, showcasing the anticipated annual returns from term deposits over the next three years, revealing a significant downward trajectory in interest rates. As a result, […]
JARGON BUSTER
Dovish sentiment favours accommodative policies, aiming to stimulate economic growth even at the cost of higher inflation. This stance involves lowering interest rates, engaging in quantitative easing, and prioritizing economic activity over inflation control. Hawkish sentiment, on the other hand, leans towards restrictive policies, prioritizing inflation control and price stability over economic growth. This stance […]
International Women’s Day
International Women’s Day provides an important opportunity to fundraise for female-focused charities, help raise their visibility, and amplify awareness raising efforts. This year, Hamilton Hindin Greene has chosen to donate to Dress for Success as illustrated on the International Women’s Day Charities of Choice. Dress for Success empowers woman across the world to achieve economic […]
Investing for Income
Tom McBride and Richard Parkin hosted an investor seminar at the Novotel Cathedral Christchurch on Thursday 15th February, looking at investing for income with a focus on generating income in retirement. As well as looking at some of the history behind pensions, Tom and Richard ran through estimated retirement income needs based on data from […]
Turners Presentation
Anyone who has watched a TV over the last few months has undoubtedly encountered “Tina from Turners” and on Wednesday 28th February we were joined by Todd Hunter and Aaron Saunders, the CEO and CFO from Turners for an investor update. Turners have grown steadily over the years to become New Zealand’s largest second-hand car […]
What did Buffett Buy?
Noted investor Warren Buffett’s Berkshire Hathaway BRK.A BRK.B recently released a list of holdings for the fourth quarter of 2023. The report suggests that Buffett’s company did not buy many stocks last quarter, adding no new names and increasing its stake in only three companies. Warren Buffett’s Berkshire Owns 2 ETFs: SPY and VOO Regardless […]
SPDR S&P 500 Update
SPDR S&P 500 funds is among the best investments for large-cap investors. It offers well-diversified, market-cap-weighted portfolios of 500 of the largest U.S. stocks. The funds accurately represent the large-cap opportunity set while charging rock-bottom fees, a recipe for success over the long run. The funds track the flagship S&P 500, which selects 500 of […]
Summerset vs Ryman Healthcare
Summerset often gets compared with Ryman Healthcare. They both operate and develop retirement villages here and in Australia. However, their share prices have been anything but similar over the past 10 years. Every $1,000 invested into Summerset in 2014 is now worth $3,270. For Ryman, every $1,000 is now worth $620 (excluding dividends). Key takeaways […]
Investment Committee update – March 2024
February was a disappointing month overall for New Zealand investors. The NZX50 index was down 1.1% for the month, whilst the S&P500 was up 5.17%, and the ASX200 was broadly flat. This continues a recent trend of the NZX50 underperforming its global peers. I’ve discussed the reasons for this under- performance in previous Chairperson updates, […]
Economic Update – Harbour Asset Management
Key Developments There remains a degree of uncertainty over New Zealand’s growth. A weaker-than-expected earning reporting season dragged the New Zealand share market lower over the month of February. The New Zealand share market profit reporting season for the December period got off to a weak start with pre-result season profit downgrades from Air New […]