Holm Truths Winter 2006
Stay Away: Don’t rush to bring your shares back from overseas. Also in this issue: From the Mailbox — Giving the kids a great start with regular investing.
The Investor 4 July 2006
A worrying prediction about the way share funds are run. A section in a submission to the government from Shareholders Association chairman Bruce Sheppard caught my eye. Referring to proposed changes in the way share funds are taxed, he wrote: “The ability of NZ and Australian funds to trade without having to pay tax may well result in higher trading by institutions, as the active funds strive to differentiate their performance from the index by generating trading gains.
NZ Herald 1 July 2006
Q&As: Comparing NZ and other countries’ taxes and lifestyles; Several Q&As on government’s tax proposals, including submissions info, Bruce Sheppard quotes and size of Grey List share markets; A promise for a tax-change-free column next week!
The Investor 20 June 2006
Which index fund — if any? A reader asks which index fund to invest in. These days, though, we need to ask first whether any index fund is still a good idea. Index funds invest in all the shares in a sharemarket index. For example, the TENZ fund invests in the ten biggest companies that make up the NZX 10 index.
The Investor 6 June 2006
Bigger and better houses distort numbers. Readers keep sending in thought-provoking letters about the shares v rental property debate. It’s central to the question of how to invest long-term savings, so it’s worth continuing to explore the issues. Today, excerpts from two letters: “Your reader who commented on comparisons between housing price indexes and share market indexes has overlooked many points. Sometimes very large amounts are spent on home improvements without being considered when calculating house price increases. “With new houses, a trend for larger houses and obviously the higher cost for more square feet will also distort the figures to indicate asset value growth where there is none.