Bitcoin Doomed or a New Frontier?

Take a look at the chart. See that blue line at the bottom? That isn’t the horizontal or x-axis. It’s a price chart showing the growth of the Dow Jones in the US since 2012 – 71%.  Confused yet? The black line is the monthly bitcoin price in the same time frame. In compiling the … Read more…

When Investing and Politics Don’t Mix

It is our nature to want to be able to predict what will happen in the future. This applies to many things in life. We struggle with the unknown and want someone to tell us what will occur next if we take a certain action or if some future event beyond our control comes to … Read more…

Investing: Two Simple Rules

Individual investors are more empowered than ever before. Armed with online tools and mobile apps designed to educate and make even the most complicated investing decisions quick and easy, there’s never been a better time for those who want to optimize their portfolios. Empowerment, however, can be a double-edged sword: Study after study from sources … Read more…

Why Simple Makes Sense

It’s ironic that complex solutions to any problem can just provide you with excuses not to act. Simple solutions, by contrast, put the weight on you to do something. “Spend less, save more” may sound simple, for instance. But the application can be tough. And that’s also where the benefits lie, as Carl Richards explains. … Read more…

Leaving Home

Everybody loves the comforts of home, but investors who become too anchored to familiar territory can end up with a very narrow view of the world. Home bias, the tendency of investors to allocate a disproportionate amount of their funds to their domestic market, is a well-documented phenomenon. As at 31 December 2016, superannuation funds regulated … Read more…

In Long Run, There’s No Such Thing as an Einstein Investor

There are no easy answers in investing. It is tempting to replicate a successful strategy — one created by an outstanding investor, like Warren Buffett, or through in-depth statistical analysis of the wisdom of crowds — and such approaches can actually work for long periods. But paint-by-number portfolios won’t succeed forever. And without deep expertise, it … Read more…

Get Sorted: KiwiSaver deadline is end of June

Deadlines can bring out our best work. Why is that? There’s something about being under the pump that makes us rise to the occasion and simply get it done. We just find a way somehow. This time of year – before June runs out – is the deadline to get the annual $521 from the … Read more…

A Question of Balance

We humans tend to prefer avoiding losses than securing gains. That’s why volatile financial markets make us feel so anxious. Helping us to find a balance amid these natural emotions is the mark of a good advisor. To understand the value of good advice, it helps to reflect on the cost of bad advice. And … Read more…

Focus on the Controllables

For the person who lives a virtuous life, of steadfastness and good judgment, happiness is always within reach – Massimo Pigliucci Lucius Annaeus Seneca is a towering and controversial figure of antiquity. He lived from 4 BCE to 65 CE, was a Roman senator and political adviser to the emperor Nero, and experienced exile but … Read more…