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R & J

Investment Performance

Beware of Potential Scams

As authorised financial advisers, it really annoys us that people continue to be ripped off by “investment scams”, or by companies that are poorly managed or have little in the way of controls to ensure that their investor’s interests are safeguarded.

Investing in fads is fraught with danger. Those who invested in gold a number of years ago when the prices were high and didn’t get out at the right time, will have made some significant either realised or unrealised losses.

Term Deposits – Low Risk?

We were astounded yesterday when a spokesman for one of the country’s largest investment managers, made the comment on breakfast TV that KiwiSaver was really no riskier than a bank term deposit. Yes, there are risks associated with investing in term deposits. However there is minimal risk in losing investment capital, something that can readily occur when investing in KiwiSaver schemes.

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.

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