Signs Pointing to a Bubble There are growing concerns that parts of the AI market may be in a bubble. Valuations of AI-related companies have risen sharply, often well ahead of current earnings or proven business models. At the same time, trillions of dollars are...
Its always difficult to predict the future, hind sight is a great teacher. I often think economists make lots of predictions but their predictions are never measured against the outcome. Anyway here is our consensus outlook for 2026 based on a aggregate of views from...
It’s the question we get asked more than any other (at barbecues, school pick-ups, and yes, even in the office): “Is now a good time to invest?” With global and New Zealand sharemarkets regularly hitting all-time highs in 2025, it’s completely understandable to feel...
The acronym, VUCA was first used in 1987 with students at the US Army War College to describe the post-Cold war period. It is particularly relevant in the world we live in today where fast change, information overload and fake news is the norm. Volatility We live in a...
Have you considered how much money you are losing by having your money in term deposits? Over the last 10-years ending December 2024 the average return on a 6-month bank term deposit in New Zealand was 3.3% per year. That’s 3.3% before tax and inflation. Over the same...
Investing can sometimes feel like a black hole, pulling in as much time and energy as you’re willing to give. As one busy professional put it: “It used to consume my evenings and weekends.” With recent tariff threats stirring fresh market turbulence, that...
Understanding the 2024 Tax Changes for Family Trusts in New Zealand: What Happened and Why? Family trusts have long been a popular tool in New Zealand for asset protection, estate planning, and managing family wealth. However, a significant shift in taxation rules has...
The Rise and Fall of Market Darlings: What History Tells Us About Top Stocks In the world of investing, few things capture attention like a group of superstar stocks dominating the market. Today, we’re talking about the “Magnificent Seven”—Alphabet...
The chart shows the percentage of top-ranked funds that remained on top after 5 years. You might think that selecting investments based on past performance might continue to deliver the best performance. Research shows that most funds ranked in the top 25% based on...
Looking at the evidence of how US Presidential terms have affected US share markets its evident that the outcome of an election is only one of many inputs affecting share markets. What the chart shows is that there is a consistent upward trend regardless of the...
Once upon a time, most investors faced a binary choice between stock picking and index tracking. But then the research pointed to a third option—a systematic approach to pursuing higher expected returns through evidence-based investing. Systematic strategies tend to...
Many people struggle with the basic concepts behind long-term, highly diversified investing. It’s a matter of human nature. They are overwhelmed by fear or greed. They feel it is too late to invest. They cling to misperceptions about risk and return. In this article,...
