Monthly Market Update
European markets finished the year in a relatively optimistic mood. After the Tories' resounding election victory, investors are more confident it will be smooth sailing for Brexit. At home the New Zealand share market had a strong December with the S&P NZX 50 rising by 1.6% and posting a remarkable 30.4% return for the year.
Investing in a low interest environment
The collapse of 67 finance companies between 2006 and 2012, with a corresponding loss of $3 billion, should forever serve as a reminder to investors about the risks of chasing yield. But in the current low interest environment, this temptation could once again rear its ugly head.