by Richard Renfrew | May 14, 2022 | Investing
Investors need to realise to get the average market return that investment returns do fluctuate and at times can be negative. For example if you look at the Australian share market. The bumpy road to the market’s long-term average return Since 1980, the...
by Richard Renfrew | May 5, 2022 | Investing
The work of Fama & French showed the three key drivers of long term performance for equities are size, value and profitability. When it comes to evaluating value shares, nearly 100 years of data support the notion that the lower a share’s relative price, the...
by Richard Renfrew | Mar 30, 2022 | Property
Property has produced extraordinary investment returns for New Zealanders over the last decade. Many investors see the high returns that have been fuelled by declining interest rates. Until recently, the average house price increased by more than 30%, fuelled by the...
by Richard Renfrew | Mar 1, 2022 | Investing
SPIVA (Standard & Poors Index vs Active) research is a very extensive study looking at the performance of active fund managers against their relative index benchmarks worldwide. Across many markets the results are similar to the US summary below. Around 80% of...
by Richard Renfrew | Oct 1, 2021 | Financial advice, Retirement
Get your affairs in order before you die Losing your parent or partner is one of the most difficult things to deal with. Most people think its macabre to think about, much less plan for your own death. Sometimes you have time to get your affairs in order. If there is...
by Richard Renfrew | Aug 3, 2021 | Investing
The cost of trying to time the markets The impact of missing just a few of the market’s best days can be profound, as this look at a hypothetical investment in the stocks that make up the S&P 500 Index shows. Staying invested and focused on the long term helps to...
by Richard Renfrew | Apr 3, 2021 | Investing
Article from The Economist, Buttonwood June 24 2017 Sheer luck is as good as past returns in predicting future performance The big investment shift of recent years is from active to passive. Clients have been buying index funds, which passively track a benchmark like...
by Richard Renfrew | Apr 2, 2020 | Investing
While the impact of Covid-19 on world economies has not fully played out and portfolios have taken a hit; in my opinion, we are not seeing a freefall in share markets. If you look at the US market from its high at the beginning of February to its low on the 23rd March...
by Richard Renfrew | Mar 3, 2020 | Fees discussion, Financial advice
The Financial Services Council surveyed 2,000 New Zealanders in March 2020 and found those people that had received financial advice had 4% better investment returns and had 3.7% higher savings than those who hadn’t. To quantify what 4% better investment returns...
by Richard Renfrew | Jan 17, 2020 | Investing
In this video Dimensional Fund Advisors’ founder David Booth shares his perspective on the limitations of market...
by Richard Renfrew | Jan 7, 2020 | Fees discussion
Beware of the hidden fees charged by banks While banks often disclose for overseas money transfers a transaction fee, what is not disclosed is the exchange rate margin that is used. This is the hidden fee. The exchange rate margin used by banks can be as high as 2 to...
by Richard Renfrew | Jan 3, 2020 | Investing
The folly of chasing returns When you look at world share market returns are there some countries that you should focus on to get higher returns? The video below looks at returns across a wide range of countries looking for patterns that could be exploited. This...
