Market & Portfolio Update - January 2022
The latest Consumer Price Index (CPI) figures show high inflation in major economies across the globe. They reached 7% in the US for 2021, the highest since 1982, they reached 5.9% in NZ, the highest since 1990, and they reached 5.4% in the UK, the highest since 1992. This high inflation is one reason for the central banks interest rate hikes, as higher rates help to counteract inflation.
The USA, UK, Australia, and Spain (among others) have all seen daily recorded covid cases peak and start to fall back in January. While we hope this brings us closer to the end of the pandemic as the virus runs its course, we are watchful as to what this will mean for NZ in the next few months.
You can read more on the current investment market with our recent article A Choppy Start To 2022.
Financial Planning: Mapping Out Your Financial Goals
When was the last time you sat down and not only set some goals, but mapped out the best way to ensure they are achieved? Goal modelling is more than just financial planning - it’s a roadmap to achieving what truly matters to you. It’s getting answers on what you could be achieving in life, and the best way to get there.
At Lifetime, we go beyond just the numbers to understand your life stages, your aspirations and your personal values.
Staying Cyber Smart
At Lifetime, looking after your financial wellbeing includes helping you stay safe online. Lately, we’ve seen an increase in online scam attempts across the financial sector here in New Zealand, so we thought this was a good time to share a few friendly reminders on how you can stay protected.