Facebook icon Twitter icon Forward icon

JULY NEWSLETTER UPDATE

“It is better to have a permanent income than to be fascinating.” Oscar Wilde

In this Newsletter update:

You can also view our newsletter in PDF format by clicking here.

Don't forget to click here to like our Facebook page - we have regular updates, words of wisdom and competitions.

Kind Regards,

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

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

Australia's Heart Attack Insurance Scandal Forces Rethink In New Zealand

New Zealand banks are reviewing their life insurance policies as a result of a heart attack claims scandal involving Commonwealth Bank of Australia.Earlier this year Commonwealth Bank of Australia was shamed into changing its definition of what constitutes a serious heart attack after a man died, was resuscitated and still had his claim turned down.

CBA's insurance arm would not pay out because the level of a hormone called Troponin in the man's body had not reached a level required in the policy wording, which led to an apology from chief executive Ian Narev. Click here to read more...

Science Finds Money Can Buy Happiness, If You Spend It Right

Despite decades of people telling us that money can't buy happiness ("it's all about the experiences!"), researchers have found new evidence that spending actually can make our lives a whole lot better - as long as you buy the right things. Click here to read more...

A Word (or two) about Brexit

There is a lot that we still don’t know about how Brexit will ultimately play out. However, it is not unreasonable to expect that, around the globe, there may be winners and losers that result from this. The difficulty is identifying exactly who those different winners and losers may be.

Whenever there is uncertainty about the safest place to hide, then hide everywhere. Maintaining wide diversification is absolutely the best strategy for investors. This not only ensures that exposure to potential losers is minimised, but it guarantees exposure to all of the companies, industries, asset classes, countries and regions that will stand to benefit most from Brexit in the coming weeks and months.

Click here to read more...

After 20 years, Siegel's new 'Stocks for the Long Run'

There are countless thousands of investing books out there, including mine, but precious few that could be considered true classics. But no such list would ever be complete without "Stocks for the Long Run," by Jeremy Siegel, a finance professor at the Wharton School of the University of Pennsylvania. Read more...

Innocents Abroad - The Case for International Diversification

Indeed, while few object to diversification in principle, many investors argue that it doesn’t work when most needed: during a crisis. It is true that during the financial crisis about the only two asset classes that provided any real hedge were safe haven bonds, including Treasuries, and gold. Read more...
Click here to like our Facebook page.


For more than 150 informative articles, visit our upgraded Money Maven Blog. Read new and archived articles covering both serious and amusing topics.
Contact us: 0800 64MONEY, sheryl@strategies.co.nz

Our Services: Financial Planning Advice, Investment & Retirement Advice, Developing a Portfolio, Risk Management, Mortgages, UK Pension Transfers, Australian Super Transfers, KiwiSaver, Professional Speaking.