Market & Portfolio Update - September 2021
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. It is worth keeping the month’s performance in context, with global share markets returning almost 15% so far this year.
Global bonds are down modestly for the month (as bond yields rose) after the US Federal Reserve indicated they are getting closer to withdrawing stimulus. In this respect, the Reserve Bank of New Zealand is ahead of the rest of the world, having ended its quantitative easing program months ago and has since raised the Official Cash Rate in October.
The NZ share market ended the month up 0.6% - better than most other developed markets. Performance of the listed travel-related companies was particularly strong, with Kathmandu up 17%, Auckland International Airport up 8.5% and Air New Zealand up 8%.
Maximising Rental Cash Flow: Is Fortnightly Better Than Monthly?
A common request from property investors is to be paid fortnightly rather than monthly by their property manager. The idea is to make better use of the rental income and have the money working for the investor, rather than sitting in the property manager's bank account.
What is the benefit in dollar terms? Is there a significant gain?
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.