Market & Portfolio Update - July 2018
Market & Portfolio Update - July 2018
Share markets again rose moderately for the month, which saw investment fund returns resume their gradual upward path. Higher growth funds benefited more from good returns on shares in emerging markets, with Chinese shares now up 25% over the past six months.
While political posturing is heating up ahead of the New Zealand election, so far the likely effects for the NZ share market do not appear overly significant, and local shares have also continued to gain.
During July, Booster investment funds expanded their unlisted investments with the purchase of Waimea Estates, Nelson’s second-largest winery, and its associated vineyards. While still a relatively small part of overall portfolios, this further broadens their scope and provides a land-based investment at an attractive yield, as well the opportunity to grow Waimea’s established wine-making and marketing operations.
Disclaimer: This article has been prepared for the purpose of providing general information, without taking into consideration any particular investor’s objectives, financial situation or needs. Any opinions contained in it are held as at the report date and are subject to change without notice.
In New Zealand, a lot of us rely on the public health system for treatment. Why would we pay for medical insurance when our government can fund treatment for us?
Barbara was diagnosed with stage 4 lung cancer and given only 12 months to live. Chemotherapy was the only treatment available in the public system and she wanted to look for other options.
For many, Christmas creates pressure to bow to consumeristic, materialistic expectations. This can hurt both our pockets and the environment. We've curated a handy list of 10 sustainable gift ideas, some that are low-to-no cost, with a focus on financial and environmental sustainability. And remember, the best present you can give is to be present.