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Economic Update - January 2018

Global economic data continues to portray relatively healthy global growth and little inflation. Forward-looking inflation indicators remain relatively low, suggesting a modest pace in any normalisation of monetary settings. As a result, equity valuations around the world remain elevated while investors are aware of the many risks, including but not limited to, geo-political events. United StatesFor the third quarter, the US reported GDP growth of 3%pa. The economy has now expanded by 3%pa or mo...

January 22, 2018

Here's why insurance premiums increase

We get this question a lot: "why did my premiums increase?". It can be frustrating seeing your premiums go up each year. As financial advisers, we have no control over your insurance premium as it is set by the insurance company. That said, we can help you understand why premiums go up and manage the cost.Typically, there are two main factors that determine an increase in insurance premiums; these are whether you have cover based on rate for age premiums and if you have selected to have your cov...

January 15, 2018

Apex office holiday hours

Our office will be closed during the holiday season, from December 22nd till January 15th 2018.Here's how you can reach us during this period: If your request is urgent, please call your insurance, mortgage or investment provider directlyYou can contact your adviser - visit Our People page for more information Call our office on 0800 500 510 for non-urgent queries, there will be skeleton staff working through We take this opportunity to thank you and wish you a very a Merry C...

December 19, 2017

Just feel better this summer

"Wellness" is a broad term - one that might conjure up images of kombucha drinking, yoga loving bloggers who talk about 'mindfulness' a lot. Nicola Smith, Personal Trainer, Nutritionist and Lifestyle Coach says "wellness is about having the energy and vitality to do the things you love. To have a healthy body that doesn't hold you back and to have a balance in your life that allows you to enjoy the small things". Which is something we can all benefit from, in some form and at some level. With a ...

December 15, 2017

Cyber-attack

Worried about Cyber-attacks? You’re not the only one.We’re seeing this become prevalent and concern is growing, as it should. Your data is vital to your business and it’s near impossible for tech support companies to keep up with the creative ways that hackers will use. Many who think they are immune and it will never happen to them as they don’t see themselves as something to target are feeling the pain following such malware as Wannacry and Petya. This ranges from massive corporat...

December 12, 2017

Funding the Festive Season: How to make sure Christmas doesn’t break the bank

Although decorations and Christmas carols have been playing for weeks, we now realise that it’s December and Christmas is just around the corner. The way Kiwis usually fund Christmas presents, Christmas dinner and the Christmas holiday, is on our credit cards. Reserve Bank data shows we ticked up about an extra half a billion dollars on our credit cards in the month of December last year alone. That’s not total, that’s half a billion dollars more than we ticked up in November. Canstar esti...

December 6, 2017

LVR restrictions announcement: what's changed

The Reserve Bank has announced that loan-to-value ratio restrictions will be relaxed from January 1, 2018. The change is a modest one, with RBNZ saying it wants more proof the housing market is stable before it loosens more. In summary: Deposit required for investors has dropped from 40% to 35%Slightly more owner-occupier borrowers will be able to borrow with less than a 20% deposit – currently 10% of lenders loans can be over 80% of property value, which will be relaxed to 15% of loans. Thi...

November 30, 2017

Swim. Bike. Run.

Year after year we have been supporting The Panasonic Peoples Triathlon. This series is Auckland's longest running triathlon series and the 2017/2018 season will stage four events between November and March. Two of these will be held from Maraetai Beach while the other two will be held from Mission Bay.  As part of this series participants have the chance to race a variety of distances in both triathlon and duathlon. All events have a wide range of abilities enabling participants to race as...

November 20, 2017

5 reasons why it's good to be a realist

Optimism is great, it’s good for the soul. If you google optimism, you find that “evidence suggests that optimism is important in coping with difficult life events”. This would surely be true from a psychological perspective – but what about a practical and financial perspective? Pessimists are more likely to be prepared for the worst, because they often expect the worst. But pessimism can hold you back, plus who wants to be friends with a pessimist? When it comes to your finances and in...

November 16, 2017

Why you should do (almost) nothing with your investment

Hard work leads to success, we all know that. The better you perform at work, the more chances you have of getting a promotion. The harder you work out in the gym, the more fit you are. The harder you save, the better holiday you get.  Day-to-day focus on your target gets you the best results, right? Not so much in long-term investing. The Chinese philosophy of Taoism has a phrase: “wei wu-wei”, which translates to “do without doing”. This is a valuable lesson when it comes to your ...

November 6, 2017

New CVs in 2017 - what will it all mean?

The elusive ‘capital value’, also known as ‘rateable value’, is that magical figure which lands in your letterbox every 3 years, estimating how much your house is worth. Since our properties are often our most valuable asset, it’s no wonder homeowners take notice. But how do they calculate the magical figure, and what does it mean for buyers, sellers and rate payers? With the upcoming revaluation in Auckland, how much should we be taking notice? How do they calculate my C.V? Your capi...

November 3, 2017

What a labour government means for the property market

With home ownership at an almost all-time low, a housing crisis and a property boom, housing was certainly a hot topic this election. Party leaders tread carefully around the topic - policies which promise to cause a drop in house values aren’t going to win many votes from home owners, but there’s also the challenge of getting the younger generation into the market, and general housing affordability issues. So, what’s the impact of a new Labour government on the property market? We take ...

November 1, 2017

The psychology of money - how to make it work for you

Money. It makes the world go round, it doesn’t grow on trees, and you have to spend it to make it. There’s a lot we can say about money, but why do you handle it the way you do? Why does Sally get satisfaction stashing her money away for a rainy day, but Steve prefers to buy what he wants today, with little concern for the future? Recent research has shown money habits aren’t just based on conditioning and what we’ve been taught from our parents. In fact, brain chemistry has an enormous ...

October 27, 2017

Guys, we need to talk

The mental and physical health of men needs to improve. At present the life expectancy of New Zealand men is four years lower than females (Statistics NZ) and last year 70% of New Zealanders who took their own lives were male (Coroner’s Report). I’ve built my career taking care of New Zealand’s top athletes including the All Blacks and the Warriors. I’m also the Chief Medical Officer at Sovereign. People often ask me what I think every man should do to take charge of his health...

October 25, 2017

Economic update - October 2017

We are of the view that the nine-year equity bull market is not yet over with global stocks posting modest gains amid healthy corporate earnings reports and improving outlooks. The momentum of the world’s three main economies (US, China and Europe) is positive, with growth lifting all nations through accelerating trade volumes. Recently, the election-weakened UK government is facing imminent and difficult Brexit negotiations, US President Trump coming under sustained investigative pressure fro...

October 11, 2017

Rent-vesting: Re-thinking the Kiwi Dream

The Kiwi Dream: the quarter acre patch of grass, weatherboard home and the family wagon. Throw in a bach and you might even be keeping up with the Joneses. Kiwis love property, and the idea that a secure future is all wrapped up in home ownership has been drilled into us for generations. But our little corner of the world is rapidly changing; property prices have been sky-rocketing, lending restrictions are tighter, population is growing, land is being subdivided and apartments are being built ...

October 6, 2017

Only 1 in 3 Kiwis are financially secure

Article via Westpac REDNews 2016Many New Zealanders are taking a ‘she’ll be right’ approach to their money and only one in three of us feel financially secure, according to a Westpac Money Week survey.The survey shows homeowners, Aucklanders, and retired New Zealanders feel more secure while women, millennials, and people renting feel less secure.While the proportion of New Zealanders who say they are struggling has dropped from 23% to 16% over the last year, money is still one of our bigg...

October 5, 2017

Are you in your 20s? Time to start thinking about retirement

Do people in their 20s need to think about retirement? The short answer is YES. Getting set-up financially earlier in life means that you are working towards your retirement. When starting off your working life, retirement can seam miles away, but your student loan is right in front of you. So is the opportunity to get into the property ladder. Making good calls along the way could mean that you are ready to stop working even before age 65. We want to share with you an interview from 2016. Diane...

September 26, 2017

Student loans: not a lecture, just a few things to consider

Debt. It’s often considered a scary word, but most people would agree there is good debt and bad debt in this world. A student loan would most likely be considered good debt (especially when it’s interest free) – it’s an investment in your future, right? But amongst all that studying (and just a little partying) it’s worth taking the time to consider how much we might really need and what happens when we need to pay it back. What can you borrow? There are three parts to a student loa...

September 21, 2017

The genius of Federer and what it can teach us about investing

If there is one professional sportsperson that I look up to and admire for their excellence and mentality it is Roger Federer. In the last 40 years, only 3% of men’s grand slam tennis champions have been older than 30, so it is remarkable that Federer has won Wimbledon only a few weeks shy of his 36th birthday. He also won the Australian Open this year. You can’t do that without having a phenomenally intelligent approach to everything you do. Since my interest and career is in investing, I w...

September 12, 2017

Elections and property: Is the election really to blame for a slow market?

With just 15 days until voting, recent leadership changes from two major parties, and a significant shift in the polls, the elections are certainly heating up. But we can’t say the same for the property market. Stock is low, auction clearance rates are low, days on the market are rising, but house prices have remained stable on the whole. Following a boom period, it seems sellers aren’t willing to settle for a reduced price, and buyers are only willing to pay market value (or are hoping to...

September 8, 2017

Switching to self-employed?

When people decide to make the big switch from being an employee to being self-employed, they are probably focusing on the benefits of being your own boss. Perhaps they are thinking of gaining flexibility with their work schedule, or reaping the rewards of their hard work. They might be passionate about a business idea and decide that their only option is to pursuit their dream. That’s is the most attractive side of becoming self-employed, but there are less glamorous things that need to be co...

August 31, 2017

You should put as much as possible into KiwiSaver, right? Not always.

So you’ve heard time and time again that you need to save for retirement, that you need to start now (or yesterday!), and possibly that you need to be putting away as much as possible. Of course, growing a nest egg and preparing for retirement is extremely important but it’s also important to ensure we’re well covered for other aspects of our life. Retirement planning is a balance act of putting money aside for later, while keeping enough readily available to cover us for now and in the s...

August 17, 2017

Self-driving and shared cars: a game changer in the property world?

Car-sharing concepts like Uber and Zoomy are already changing the perception of car ownership, and although self-driving cars may still seem in the realm of the Jetsons, it seems they are well and truly on their way. Some predict Uber will be offering driverless rides just two years from now, with them widely available within five years. With the biggest cost of an Uber ride being payment to the driver, driverless rides are expected to become much cheaper (as well as more convenient) than owni...

August 17, 2017

Your retirement won't sort itself. It’s time to take control.

The retirement age – or more accurately, the age of eligibility for the pension – has long been considered something politicians tamper with at their peril. John Key had pledged he’d sooner resign as Prime Minister than backtrack on a promise not to raise the retirement age. His successor Bill English was not bound by that promise and soon after taking office he announced the age would increase to 67. However, the decision not to start the incremental move from 65 to 67 for another 20 year...

August 9, 2017 Posts 1-25 of 159 | Page next
 

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