Market & Portfolio Update - May 2018

7 June by Lifetime in Market Update, Investments

Market & Portfolio Update - May 2018

Market & Portfolio Update - May 2018

Global share markets added another 1% in May, amidst a background of solid economic growth spiced up with news of political instability in Italy. While change of governments can create volatility, ultimately markets are driven by economic growth and growth in companies’ earnings.

The change in Italian Government is the latest round of political uncertainty, and adds to a long line of changes following Britain’s vote to leave Europe almost two years ago. However, these have all turned out to be just bumps in the road – the Global Economy has grown by around US$10 trillion over the past two years!

New Zealand shares performed solidly, ahead of global markets in general for the month and with Booster’s NZ share investments up almost 20% over the past year. Our holdings in Restaurant Brands and aged care provider Summerset have particularly helped this result, with each up around 70%.

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.

by Lifetime in Market Update

Global share markets experienced some volatility during the month, falling modestly for the first time since January. This was in part due to expectations of rising global interest rates over the coming months.

by Lifetime

New Zealand’s gender pay gap is unlikely to be going anywhere anytime soon and the impact of earning less over a lifetime has an enormous effect on a woman’s immediate and future financial security. This is compounded by a lower level of workplace participation, a tendency to seek part-time casual work and bear the bulk of caring responsibilities for children and other family members. So how can women bridge the gap? Here are some tips on how to build wealth and make positive steps towards pay equity and financial independence despite and in spite of the hurdles women face.