No matter the vehicle was chosen to navigate, once a company enters the public marketplace, it becomes subject to the same interactions between the supply and demand for securities that shape equity prices each day.
Be wary of Finfluencers
Rob Everett, CEO of Financial Markets Authority (FMA), says: In New Zealand, many people now offer their thoughts and perspectives on financial matters, and some have built strong followings on social media. But sometimes talking about money or investing can cross over into providing financial advice.
Good and getting better
Why would the couple in their 50’s have such a different outlook to the man in his 30’s? It’s hard to be a successful investor unless you’re an optimist. Firstly, if everyone does well, you’re likely to do better as an investor.
Sentimental value can destroy monetary value
One of the staples of investment media and stock picking newsletters are the ‘if you had invested…” stories. The writer will pick a well-known stock, go back to a point in time (usually the IPO) and inform us how many millions we would have today, if only we had invested a specific dollar amount into that stock. It’s meant to make us feel like fools for not jumping aboard at the right time.
Should investors bother about election results?
The 2020 New Zealand general election will be held after the currently elected 52nd New Zealand Parliament is dissolved or expires. It is a chance for Kiwis to vote for not only who will lead our country for the next three years but also who will take charge of our COVID-19 economic recovery.
