Investing education

Mint head of sales and marketing, David Boyle, explains why the ongoing GameStop experience holds lessons for new-breed investors and the old-school financial industry on handling the highs and lows of markets. Boyle takes it to the bridge... If an online entity called ‘Roaring Kitty’ suggested a bridge-jumping strategy might be just what you need…

Fresh from its resounding election victory last year, the governing Labour Party rushed to make good on its promise to raise the tax rate for high-income earners.  Under a measure put in place early in December 2020, those earning over $180,000 in income from (almost) all sources will face a top tax rate of 39% – an increase of 6% on…

Who was the first fraudster? Maybe that snake in the Garden of Eden who sold Eve on the idea of eating the forbidden apple; just one little bite, it’ll be OK. Good marketing, but bad idea for humanity. Fraud has always been part of human society - it’s taken on many forms over history, adapting to the technology of…

In April this year another obscure subterranean fund surfaced into public view as a likely ponzi scheme. As further details came to light, it emerged that Penrich Capital, operating from a Christchurch base had sunk investor assets into a Cayman Islands-domiciled fund, allegedly valued at about $400 million. The Serious Fraud Office (SFO) is currently…

What is ‘Responsible Investing’? From a Fund Manager perspective, Responsible Investing is essentially a values-based approach to selecting the underlying investments within a managed fund; And from an Investor perspective, Responsible Investing is identifying and selecting managed funds that employ a responsible investing strategy; or selecting companies/shares that meet a responsible investing standard. Traditional investment…

It must be election year in NZ: Winston Peters is back at the top of the news. But regardless of the Peters’ show, the Jacinda Ardern-led Labour Party is odds-on to win in a landslide come September 19 – albeit with enough uncertainty and scandal in the air to keep pundits in business. Will the…

Listed property was on song in 2019 before losing its mojo this year as the coronavirus struck. But are the real estate blues simply a crisis-triggered reversion to the mean or is something more fundamental at play? Mint Asset Management senior real estate portfolio manager, Carlie Eve, puts property in its place... Investors having a…

June 2008 is a watershed nostalgia month for dewy-eyed NZ term deposit (TD) investors. With the global financial crisis (GFC) just three months away from its crescendo, care-free Kiwis were banking one-year term deposit returns of 8.5 per cent or thereabouts. In that month the Reserve Bank of NZ (RBNZ) held the official cash rate…

The Risk Of Finding Income In A Low-Interest Rate World - Mint Asset Management As global interest rates sink to near zero or below, the search for regular income has become increasingly desperate. But, according to Mint Asset Management’s David Boyle, yield-oriented investors must remember that ‘certainty’ can come at a high cost... In May…

Jack Bogle, the founder of passive investment pioneer Vanguard, never got to see the moment his whacky idea formally achieved market dominance – but he was this close. Bogle died in January 2019 just three months before research house Morningstar clocked US passive share fund assets hitting par with actively-managed counterparts for the first time.…

From deep down in a hole on March 23, the benchmark NZ shares index had clawed its way back about 25% by late April. Despite the extraordinary resurrection of the NZX – an effort mirrored in most other world equity markets – the index remains 10%, or so, below its February peak. Share markets appear…

According the NZ Film Commission synopsis, the first half of the classic 1985 local movie ‘The Quiet Earth’ “explores Zac’s solitude and the way it drives him slowly mad - he winds up in a pink petticoat running around a football field”. Just one week into lockdown we aren’t quite there yet but Zac, played…