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"How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case." - Robert G. Allen

In this Newsletter update:

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Kind Regards,

Sheryl Sutherland JJP, B.A (Otago), Dip.F.A.C (Otago), DipPFinPlan (Waikato), B.C.J (Canterbury)

Authorised Financial Adviser (AFA) & Managing Director of The Financial Strategies Group (FSP 28246)

Some of the Wisest Words Ever Spoken About Investing

Words I fully endorse. After what for many has been a grim and stressful year, investors should be sure to count their blessings. Begin by closing your eyes, thinking of this year’s economic and political news, and then guessing how the U.S. stock market has responded. Next, be thankful for the low costs of investing. Speaking for myself, the blessing for which I’m most grateful is the unlimited ability to learn free of charge from those who are wiser and have come before us. Click here to read more...

Money CAN buy happiness - if you spend in the right way, according to 'groundingbreaking' Cambridge study

Happiness can be bought, according to a new study from the University of Cambridge, but only if your spending matches your personality type. The research, published today in the peer-reviewed journal Psychological Science, analysed 77,000 real UK bank spending transactions by 625 individuals, over six months. It has been described as "ground-breaking" by the researchers involved, as it goes against past research which has found little correlation between money and well being. Click here to read more...

How a little nudge can lead to better decisions

Despite some ethical concerns, a concept of behavioural economics is gaining popularity

This area of behavioural economics, of which “nudging” is one element, can be used to manipulate people to their detriment as well as their benefit. “People can nudge you for their own purposes.” Click to read more...

The Hidden Cost for Stay-At-Home Parents

Beyond lost wages, mums or dads who don't return to work forfeit growth in those wages and in retirement and other benefits
The decision around whether to go back to work after having a baby — and pay for childcare — is already difficult. Parents can now add another stark financial figure to their calculations: Each lost year of employment could cost a family more than three times a parent's annual salary.

How Women Won a Leading Role in China's Venture Capital Industry

When we think of China and the Chinese world of business we rarely think of women having a key role, however, women launch more than half of all new Internet companies in China.
The largest venture capital fund ever raised by a woman isn’t in Silicon Valley or even the U.S. It's in Beijing and is run by a former librarian who keeps such a low profile that she’s a mystery in her native China. Read more...
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Contact us: 0800 64MONEY, sheryl@strategies.co.nz

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