The End Of Bonus Bonds
There has been much attention on Bonus Bonds recently with ANZ's announcement to close the scheme. But for the 1.3 million of you with a share of the $3.2 billion held in Bonus Bonds – what should you do? As is often the default position with investment scheme wind-ups, we suggest you sit tight. Now just might be the only time that Bonus Bonds have ever proved to be a worthwhile investment.
Market & Portfolio Update - August 2025
The global share market (represented by the MSCI World Gross Index) was up +2.6% in NZ dollar terms in August. All eyes were on the largest publicly traded company in the world, Nvidia, as the AI chip producer released their latest earnings report, which soundly beat investors’ expectations of sales and earnings.
Lifetime Book Club: Happy Money: The Science of Happier Spending by Elizabeth Dunn & Michael Norton
“Money can't buy happiness – unless you know how to spend it.”
That’s the heart of Happy Money. This isn’t your usual guide to budgeting, saving, or investing. It’s a fascinating, research-driven look at how to turn spending into something that genuinely makes you feel good – not just for a moment, but in a meaningful, lasting way.