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Weini Winslow

Weini Winslow

The Truth About Earnings and Stock Valuations

Posted in Savings on

We thought this article on Bloomberg was interesting and backs up our philosophy that you should never rely on just one methodology when valuing a stock.

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Henry Tongue

Henry Tongue

Ancient Greek money lessons

Posted in Retirement, Savings on

OPINION: Let me tell you a story about an ancient Greek hero who can help you get richer. It's Ulysses, a kind of Greek Maui, though without Maui's ambition, and with a much worse sense of direction. Ulysses was one of the Greeks who destroyed the ancient city of Troy, and then got hopelessly lost sailing home.

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How to save a first-home deposit

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The deposit required to buy a house in many parts of New Zealand looks more like a Lotto win than an amount you might save. In Auckland, the lower-quartile house price is about $680,000. That means, if you want a 20 per cent deposit, you will need $136,000. In Christchurch, first-home buyers need to save about $75,000 and in Wellington City, just under $100,000. So, how do you get there?

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Want to have a comfortable retirement? Here's how

Posted in Kiwisaver, Retirement, Savings on

Retirement - whether it's at 65, 67 or some other age entirely - probably seems a long way off. But if you can get on track now, your future self will thank you for it. Here's how to get sorted for retirement in five easy(ish) steps.

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Women fall further behind in retirement savings race

Posted in Kiwisaver, Retirement, Savings on

New Zealand's retirement savings gender gap just keeps getting bigger, new research shows. ANZ said, on current savings patterns, women were likely to retire with almost $80,000 less in their KiwiSaver accounts than men. General manager of wealth products and marketing Ana-Marie Lockyer said it was disappointing to see women falling further behind in their retirement savings. She said the average balances of women members of ANZ's KiwiSaver scheme, the largest in the country, were 19 per cent lower than men's. Women had an average $13,333 compared to $16,527 for men. A year ago, women were only 15 per cent behind.

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Perils of the passive strategy

Posted in Kiwisaver, Savings on

There has been a huge amount of media commentary on the relative merits of active versus passive investing, particularly in relation to KiwiSaver funds. Most media commentators, including Weekend Herald columnist Mary Holm, argue that passive KiwiSaver funds are better because they are cheaper. Holm maintains that active funds underperform passive managers on an after-fee basis, mainly based on United States research, and she repeatedly encourages individuals to invest through passive funds rather than active funds. But this debate should also include an assessment of fund managers as financial intermediaries. The argument should not be about fees only.

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Members may lose the ‘race to the bottom’ on fees, researcher warns

Posted in Kiwisaver, Savings on

A new analysis has debunked the assumption that low fees inevitably equate with better outcomes for KiwiSaver investors. In fact, the study, released by Australian research house SuperRatings last week, found there was “often an inverse relationship between fees and investment outcomes achieved by members”.

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Brian Gaynor: KiwiSavers throw away thousands of dollars

Posted in Kiwisaver, Savings on

The latest KiwiSaver data clearly shows that the scheme has been a phenomenal success with one notable exception: a large number of scheme members are receiving no advice or poor direction and are in the wrong funds. As a consequence, these investors are throwing away tens of thousands of dollars of potential retirement savings.

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Magellan Asset Management - Brexit Update

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Hamish Douglass discusses his thoughts around the Brexit development in a video update.

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Platinum Asset Management - Brexit Commentary

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The decision by the British people to withdraw from the European Union (EU) took markets by surprise. Yet, it did not occur in a vacuum. Britain's vote to leave the EU needs to be seen in the context of a confluence of global social and economic trends.

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