NZ Herald 15 April 2006
Q&As: Attitudes to student loans; Interest on student loans; Fear and share investment; Spending in retirement.
Q&As: Attitudes to student loans; Interest on student loans; Fear and share investment; Spending in retirement.
Another reason to spread your investments. I can think of three good reasons to hold lots of different shares, as opposed to one or just a few. Two reasons are obvious, but one is less so, even though it may be just as important.
Q&As: Man panicked and bailed out of share fund. No!; Real Estate Institute denies that it’s hard to buy a house in NZ.
Q&As: Couple reluctant to sell their shares in a takeover; Owning 19 shares is good, but it’s too soon to judge performance.
Q&As: Man who has made $3 million from shares; How much risk for a 53-year-old?; How good is advice from banks?
Can you get rich quick?: Only by taking big risks. Also in this issue: From the Mailbox — Spending in retirement.
Can’t see the forest for the houses?Also: Christmas shopping. Quick question: Which of the following grew fastest in the last year: New Zealand house prices, New Zealand shares, hedged overseas shares (hedging removes the effects of foreign exchange movements), or unhedged overseas shares? Surprise, surprise, it wasn’t house prices. Bigger surprise still: house prices came last.
Q&As: How well do share funds perform?; Comparison of investment performances.
Q&As: Share funds v rental property; Income splitting by the self-employed — is it OK?
A message that goes too far — Shares beat mixtures over long term. I take exception to a recent New York Times article entitled, “The long-term lesson: It pays to diversify”. If you look hard at the numbers quoted by the writer, they show just the opposite.