Paul Choi is a Financial Adviser with Cambridge Partners. Before joining our team, he worked as a banking adviser for over seven years at BNZ. Paul is no longer a banking adviser but has provided insight into how the OCR affects the housing market. The significance of the OCR in the housing market As someone […]
Surviving OCR rate hikes: the Property edit Read More »
On Friday, March 10, regulators took control of Silicon Valley Bank as a run on the bank unfolded. Two days later, regulators took control of a second lender, Signature Bank. With increasing anxiety, many investors are eyeing their portfolios for exposure to these and other regional banks. Rather than rummaging through your portfolio looking for
When headlines worry you, bank on investment principles Read More »
No economist ever spread a case of COVID. How do I know that? Because nobody ever stands close enough to breathe the same air that we do. We’re modern-day lepers. So, I should have guessed something was up when a stranger approached me to chat recently. They wanted to know whether they should take their
Bank failures & recession: What does it all mean for me? Read More »
If you’ve had these thoughts, you are not alone. The sudden movement of interest rates is having an impact on society. And perhaps the most significant impact is on new homeowners who purchased their first home or upsized their mortgage on a new home right after COVID when interest rates were at historically low levels.
Dealing with rising interest rates Read More »
Recently, two US banks failed. Silicon Valley Bank and Signature Bank. Silicon Valley Bank was the bank of choice for technology companies in the US. Signature Bank was a regional bank based in New York. This was big news in New Zealand because four New Zealand companies; Rocket Lab ($62m of $789m), Xero ($8.2m of
What recession could mean for investors Read More »
As Financial Advisers, a common question we are asked, given the current market volatility and high inflation, is whether they would be better off investing in term deposits, given that New Zealand banks are now offering 5.50% – 6.00% per annum for a 12-month term deposit. The answer to this question is that investing in
Should I switch to Term Deposits? Read More »
The global economy has been hit with multiple challenges in 2022. Amidst sharply increasing inflation, tight labour markets, rapidly rising interest rates, ongoing uncertainties surrounding the continued war in Ukraine and the lingering pandemic, the global economy has puttered its way through the year. Food and energy prices are eroding real incomes, triggering a global
Economic Commentary Winter 2022 Read More »
Bond markets have experienced a poor start to the year, with interest rates in many countries increasing and projected rate rises. It is a unique aspect of bond pricing that when interest rates rise, two things happen: In this regard, falling bond prices are felt immediately in portfolio valuations, while the higher expected future returns
Bonds: Why they should be in your portfolio Read More »
For many New Zealanders, term deposits have been a popular (and quite profitable) method to grow savings and even provide a reliable source of income in retirement. However, as interest rates have steadily dropped over the last few years, those of us who rely on term deposits have become increasingly uncomfortable with the returns we
Building Wealth Series:Beyond Term Deposits Read More »
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