‘Canny View’ is a highly acclaimed weekly column (every Saturday) in the local newspaper, Hawke's Bay Today. The articles are designed and authored by our Financial Advisers to communicate with the readers about the principles of good investment — working with markets, understanding risk and return, broadly diversifying and focusing on elements within the investor’s control — including portfolio structure, fees, taxes, and discipline.
Click the RSS button to add our content feed to your readers.
People rarely take this approach with their finances. Often, financial matters are treated like an overstuffed, messy closet that needs to be dealt with but remains closed and put off for another time
Timing the market is tough, as is basing an investment strategy on economic or market forecasts. But we can do ourselves a favour, both materially and emotionally, by accepting that volatility is a normal part of investing and by sticking to a well-thought-out investment plan agreed upon in less stressful times.
Despite recent market volatility KiwiSavers should be happy with their investment. Now is not the time to be cutting and running or you will miss the benefits of long term investing. Even default funds are doing better.
Volatility is back. Just as many people were starting to think markets only ever move in one direction, the pendulum has swung back the other way. Anxiety is a completely natural response to these events. Acting on those emotions, though, can end up doing us more harm than good.
This a story on why it’s always important to be aware of what you’re sharing online or with anyone who may call you fishing for information.
World economic data remained encouraging throughout Q3. Global equities, particularly developed markets performed strongly. Emerging markets were punished, while Australia made small gains. And another reason to be wary of what you share online.
A couple that decides to form a long-term relationship does more than create a legal and spiritual bond. At the same time, the personal and financial goals probably shift and become more complex.
Recent statistics indicate that many New Zealanders are cancelling their insurance policies due to affordability; only a few years before they are most likely to make a claim.
There's been a lot of noise in TV & print media finance reports in the past one month. But have you ever wondered that if there are so many sellers out there, who is buying?
A "one of a kind" collection of a vertical lot collection of 32 vintages of the globally acclaimed Te Mata Estate Coleraine, donated by the Hastings-based Stewart family, went under the hammer at a pre-tasting event ahead of the annual Hawke's Bay Wine Auction next month.
In almost every area of life – whether it's marriage, the workplace, or taking care of our health – we are often our own worst enemies. The realm of personal finance is no different. What's the biggest threat to achieving financial independence? Unfortunately, it's your own brain.
To re-evaluate what really matters in life and to discuss the psychology or mindsets that got us to where we are today, there's no better explanation than the story of the Mexican Fisherman.
Most KiwiSaver providers let their customers choose how their balance is invested, by choosing the fund type to invest their contributions and employer contributions in. The KiwiSaver fund types have different ways of investing money, for example different combinations of cash allocations or shares.
I had a friend who said that the trick to sailing in all conditions around the world was to know that sometime your boat would sink. He felt that keeping that fact at the forefront of his mind kept him prepared.
Artificial Intelligence (AI) is transforming the way we live, and the tech giants are racing to stay ahead of the curve. This race is also presenting opportunities for the financial services industry.
The report narrows down options for the Government and gives a pretty clear indication of what the Working Group’s final recommendations will be in March ‘19.
Over the course of our lives, there are many uncomfortable questions and conversations to be had. Those dealing with money are perhaps the most persistent and difficult. The repercussions of not talking about our finances can be severe, with negative consequences to our health, wealth and happiness.
"Resilience" tends to be defined as flourishing despite adversity or bouncing back quickly from difficult situations. Financial resilience is often considered as simply ensuring an emergency cash fund is available to cover against unforeseen expenses.
A good adviser doesn't give advice unless it's aimed at improving someone's situation. Ignoring advice will generally come with a self-inflicted penalty. Somewhere down the track, not taking action will be to the detriment of that person or their family.
The Tarzino Trophy Daffodil Raceday on September 1 launches Group 1 racing for the season, bringing the big guns of New Zealand racing to Hastings, to battle at one of the country's stellar racing events.
A power of attorney (POA) can be a difficult topic on several levels, especially for those who don't or won't understand it because they don't think anyone should act on their behalf. Or in the case of an offspring, have their eyes on a financial prize when the elder departs.
Human beings have an astounding facility for self-deception when it comes to their own money. People who make bad money decisions can often rationalise them. Here are 10 common excuses.
Canadian retirement expert, author and founder of the Retirement Lifestyle Center Barry LaValley was in Hawke's Bay this week, talking to clients of the Hastings-based Stewart Group, and addressing about 60 people at a public meeting on retirement issues in Hastings.
Retirement ought to be a happy time. You can set your own schedule, take long holidays, and start spending all the money you've been saving.
Two colleagues went on holiday separately. One had a great time. The other had a miserable experience. Their respective stories provide valuable lessons, not just about taking a vacation, but about investment.
Reece was a fit, healthy young guy with a busy life and a young family. He had an active, physical job as a builder and was a keen sportsman - a yachtsman, cyclist and runner who had recently completed his first marathon. At 38, life was good. Until…
Thousands of bank accounts are frozen. It is now a legal requirement for banks, some investment managers, managed trusts and certain brokers to identify their customers who are foreign tax residents and send their financial information to Inland Revenue.
As part of our financial planning process, when clients have to make important decisions, we like to “stress test” their plan. One of the tools that we may use is a Monte Carlo simulation.
Embarking on a financial plan is like sailing around the world. The voyage won't always go to plan and there will be rough seas, but those who are prepared, flexible, patient and well advised greatly increase the odds of reaching their destinations.
The Financial Markets Authority released its annual survey into the public’s attitude to financial markets. The survey highlights that the least understood investment types are those associated with high risk and 80% of respondents aged 18-29 have a KiwiSaver investment.
Our financial advisers are invited to the local radio station 'Radio Kidnappers' and they talk about the trending topics in the financial industry. You can hear the latest ones here.