Description
There’s a lot of good investment wisdom out there. Ensure you’re well-diversified, stick to quality assets, don’t overtrade and keep fees to a minimum are but a few examples. One of the simplest but most important, especially it comes to shares (or any growth asset, for that matter) is to maintain a long-term view. That can be difficult, especially during periods of uncertainty (which come frequently). However, it really is non-negotiable. If you don’t feel you can stick it out for at least five (if not ten) years, the sharemarket probably isn’t the right place for your money.
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
There’s a lot of excitement out there amongst borrowers, particularly those with a mortgage renewal coming up. The message boards are full of people speculating on how low rates will go, and strategizing how to play it for maximum advantage. While the optimism is justified, some caution applies...
Published 11/19/24