NZ has a King/Queenmaker: How does this affect portfolios? As many predicted, the provisional results of the election see Winston Peters assume the role of king (or queen) maker. It’s hard to tell exactly what he’s after in his negotiations (we’ve lost count of the number of “bottom lines” he has). He also poses nineRead more
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Consider the strange story of Alex and Imogene Miller of East Orange , VT. They eked out an existence on a small farm. Alex would scrounge rusty nails from burnt buildings to repair his roof. He drove a ratty VW Beetle, and when it died, he found another even more ratty, and another…the rusting carcassesRead more
These golden, crispy Greek doughnuts will melt in your mouth. Drizzle in sticky passionfruit syrup and serve with a dollop of creamy Greek yoghurt. Serves 4 Passionfruit Syrup 1 cup honey ¼ cup caster sugar ½ cup passionfruit pulp Loukoumades 2 x 7g sachets dried yeast 1Read more
Introduction Over the years I have found that investors often confuse an investment philosophy with an investment strategy, and think they mean the same thing. I believe the terms are related but are not interchangeable. Any investor, fund manager or financial adviser needs to first define or select their investment philosophy, which will then dictateRead more
Election Update – Part II We now have a Labour led coalition Government thanks to the support received from New Zealand First (NZ First) and the Green Party. As stated in my last election update, both Labour and National parties are relatively centralist (middle of the road policies) by global standards but the question now is howRead more