Description
We have a lot of clients from farming backgrounds, either past or present. They’re great people, and many have spent decades overcoming a plethora of challenges to build very successful businesses. When the time comes to think beyond the farm, investing in a portfolio dominated by shares, listed property, private equity and fixed income doesn’t always come naturally. Having less control and influence is a mental hurdle for some, while diversifying far and wide can also be a new concept. However, farmers that can get their head around these differences often become very astute investors.
The US sharemarket has pushed higher since the election, building on the strong gains we saw leading up to it. The S&P 500 index is up 27 per cent (including dividends) so far in 2024, on the back of a similar rise last year. After the 60 per cent return since the end of 2022, is a...
Published 11/26/24
The final RBNZ meeting of 2024 is on Wednesday. Markets expect another 50-basis point cut, but could the RBNZ go bigger or smaller? We'll also get the retail sales report for the September quarter, and the latest monthly ANZ Business Outlook. There will be plenty to watch on the corporate front...
Published 11/23/24