"We can, and do, rest easy, secure in the knowledge that our financial interests are in good hands..."

G & J

Investment Failures

Your Investment Portfolio in Retirement

One of the reasons that we save and invest during our working life is to be able to use the savings when we have retired. It’s almost like a squirrel gathering nuts in the autumn in order to store them to eat during the winter. They supplement what little fresh food there is to eat during the winter with their supply of stored nuts.

So what do retired people do with their savings? They use them to supplement their income from National Superannuation.

How good are your Investment Returns?

Over the past few weeks, we have had a few phone calls from people that we know, who have been concerned about the low level of investment returns that their friends have been receiving relative to their own. What was of most interest to us, is that their friends had invested through bank private investment services rather than through an independently owned service such as our own. Their investment portfolios ranged from $500,000 to several millions.

Chinese Concerns or is it Xenophobia?

At the same time that the world was putting up with the Greek tragedy over the past few weeks, there were concerns about China. It may be that China has been a mystery, as has Asia as a whole, to the European world for many centuries. It may be their culture, work ethics, and savings records. Whatever it is, the Chinese have demonstrated that if they want to do something, they will invariably do it well and successfully.

The Greek Tragedy Unfolds

In a surprise move, the Greek government has announced that it will hold a referendum on the 5th of July, asking the Greek people whether they agree with the latest bailout conditions imposed by European negotiators.

Currency – to hedge or not to hedge

New Zealand is a small export orientated country. Most of our exports are not sold in New Zealand dollars. The dairy industry typically sells in US dollars. The New Zealand dollar tends to fluctuate considerably often on the back of the regular dairy product auctions. We only need to look at the events of the past few weeks or so, and the negative impact that there has been on the strength of the New Zealand dollar.

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