Market & Portfolio Update - October 2018
Market & Portfolio Update - October 2018
Share markets continued their 2017 ascension during October, with a moderate 3% gain boosted further by the New Zealand Dollar falling 5%. For New Zealand investors, the fall in our local currency reinforces the diversification benefits of holding foreign investments, which rise in value when the currency falls.
While exchange rate changes have featured this month, the real story driving markets is global economic growth continuing to expand all around the world. This is one of the pillars supporting global share markets’ good performance since the start of the year.
With many investors globally remaining arguably too cautious about the current economic expansion, we have, in the vein of Warren Buffett, slightly increased funds’ global share investments during the month of October.
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.