Market & Portfolio Update – July 2019
Market & Portfolio Update – July 2019
Portfolio returns were solid again in July, led by global share markets rising 3%. While NZ Shares were flat in comparison, this follows our local market gaining 17% over the past year, having been in a “sweet spot” of offering higher dividend yields than the rest of the world along with reasonable economic growth.
The global economy grew at a solid 4% in the second quarter. Companies also continued to report positive earnings growth, despite the political posturing around tariffs and trade. Whilst we continue to keep a close eye on how far these might go, we remain confident that behind the headlines, the wider momentum in business earnings and economic confidence continues to underpin a positive current outlook.
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.
Finding Your Financial Ikigai: The Japanese Art of a Balanced & Purposeful Life
In a world that often measures success in financial terms, the Japanese concept of Ikigai offers a refreshing perspective. Transcending the boundaries of culture and geography, this philosophy loosely translates as "a reason for being". Ikigai is a convergence of what you love, what you're good at, what the world needs, and what you can be paid for. It's an approach that represents a broader view of prosperity, encompassing joy, purpose, and contentment. As financial advisers, we find this particularly compelling. This article delves deeper into how Ikigai can not only enrich your life but also inform your financial decisions for a more fulfilling journey.
Lifetime Book Club: Intentional by Chris Bailey
In a world full of distractions, half-finished to-do lists, and “I’ll get to that later” energy, this book feels like a helpful nudge back to what really matters.
It’s not about doing more for the sake of it. It’s about doing the right things, with more purpose, more clarity, and a little less chaos.