Holm Truths Summer 2005–06
Can you get rich quick?: Only by taking big risks. Also in this issue: From the Mailbox — Spending in retirement.
Can you get rich quick?: Only by taking big risks. Also in this issue: From the Mailbox — Spending in retirement.
Wellington and Christchurch dwellers big spenders and risk takers. So much for Aucklanders’ image as the big spenders, risk takers and owers of debt! Wellington and Christchurch dwellers are more inclined to put some of their savings into high-risk, high-return investments than Aucklanders, a recent survey shows.
One bad apple — New Zealanders are bad at diversifying. Most New Zealand shareholders are frighteningly undiversified. About 24 per cent of share investors own shares in just one company, and another 36 per cent hold shares in two to five companies, according to recent research by the stock exchange, NZX, and sharebrokers ABN AMRO Craigs.
Complexity of financial products no accident. Confirmation, at last, of what we’ve suspected all along: Providers of financial products may deliberately make them sound complicated.
‘His & Hers’ investment styles: How gender affects the way we invest. Also in this issue: From the Mailbox — Borrowing to invest, eg in a rental property.
Emotions and investing: The way we feel affects our investing in ways we are not aware of. Also in this issue: Great Debate — Term deposits v corporate bonds.
Lessons from past mislead: Investing in what did well last year, or selling what did badly, usually does more harm than good. Also in this issue: Great Debate — Low v high insurance excesses.
Free lunch a rewarding spread: It’s wise to spread your investment money around. Also in this issue: Great Debate — Shares v share funds.
Terms of enrichment: How long you want to tie up your money affects what you invest in. Also in this issue: Great Debate — Shares v rental property.