Market & Portfolio Update - April 2019
Market & Portfolio Update - April 2019
April saw global share markets continue the strong performance that we have seen so far this year. Global markets have now returned an impressive 17% since the start of the year, having now recovered from the volatility we saw towards the end of the 2018.
Europe was the strongest performing of the developed markets, benefiting from stronger than expected GDP growth. GDP for the Euro bloc was up 0.4% for the first quarter of 2019, a growth rate faster than what we saw in the second half of last year.
Towards the end of March, the Reserve Bank of New Zealand announced that the next change in the Official Cash Rate was likely to be down, catching many in the market by surprise. The update caused interest rates across the range of maturities to fall along with the New Zealand Dollar. The fall in the NZ Dollar helps NZ’s export sector along with investors like yourselves with overseas assets that are now worth more as a result.
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. This document is solely for the use of the party to whom it is provided.
How much money do you really need to retire?
“How much do you think you will need to retire?” It’s the kind of question that can spark anything from a shrug to a nervous laugh around the dinner table. After all, most of us are so busy working hard, raising families, and paying the bills that it is easy to put retirement in the “future me will figure it out” basket.
But those dreams, whether it’s more time with the family, travelling, or simply slowing down, all come with a price tag. The real question is: how do you make sure you will have enough to live the retirement you picture?
Lifetime Book Club: Dare to Lead by Brené Brown
“Leaders are not necessarily those with titles, they are the ones who take responsibility for finding potential in people and processes.”
That is the heart of Dare to Lead. This is not your standard leadership guide filled with generic advice and motivational quotes. It is a thoughtful, research-based exploration of what it really takes to lead with courage and authenticity in today’s world.