The recent receivership of Ross Asset Management has been yet another lesson in investment behaviour. Only further investigation will determine whether anything untoward has occurred, however whatever the outcome of that investigation, investors in the fund will now be nervously waiting and considering the wisdom of their decisions.
Tips on How to Avoid Bankruptcy from our Project Campfire community.
As the global recession worsens, businesses will shed staff or close down altogether and unemployment is expected to double. It’s not going to be a happy year. Not only will there be fewer jobs available, but there may also be more people seeking work.
Good cashflow is critical to the success of any business. Although it’s affected by many issues the key seems to be the downturn in sales a lot of businesses are experiencing. It doesn’t take much of a dip in cashflow to cause problems. Sometimes, dependent on how “highly geared” you are, a drop of even […]
Every so often, we may experience a sudden change in our life, either planned or unplanned. Eva Bennett has just published a handy guide, written very clearly and succinctly, to help you deal with the three biggest changes: relationships, redundancy and retirement
Over the weekend, we had some friends round, who are interested in getting out of the Rate Race and sorting out their finances.
It is a fact of life that women face a higher level of financial risk during their lifetime than men. There are differences between men and women with regard to lifespan, lifestyles, income and attitudes which can have a negative effect on a woman’s financial position.
I often hear women say that they have little involvement or interest in their family investments and financial position. It seems many of you leave it up to your significant other to manage.
The most common financial mistake people make is to borrow money at a high rate of interest in order to buy something they don’t really need or without considering whether they could borrow at a lower cost.
New Zealand relies heavily upon a low dollar to make our exports affordable around the world. It is for this reason that we are hearing a phrase constantly repeated like some arcane mantra in media and professionals around New Zealand that ‘The New Zealand dollar must drop for the good of New Zealand’ but I […]
Stephen Tindall is one of the wealthiest men in New Zealand and also one of the most generous. The Tindall Foundation gives away millions of dollars every year. Stephen says the satisfaction he gets from the Tindall Foundation is greater than what he received from turning The Warehouse into one of New Zealand’s most successful […]
Pick up a paper, flick on the TV, tune in your DAB…what you’re likely to be greeted with a myriad of bad news, especially with regards to the economy. The tumultuous economic times we’re in have shown no mercy, taking huge brands, investment banks and even entire countries to the brink of financial ruin.