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Our regular
Forum Fodder NZ email alerts Members to what's new on this site and
with our live professional development progams.
A sample of the Forum Fodder NZ email is below.
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Friday 15 April
2016 |
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Specialist, independent
investment continuing education & certification for portfolio
construction practitioners |
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GrahamRich |
NIRP - is it the death knell for retirement?
Fodder kicks off with
Tim Farrelly sharing the investment lessons he's
learned from Japan that he now applies to
portfolios. Dr Woody Brock and
economist John Mauldin then each focus on the
"catastrophe" (Woody's words) of negative interest
rates for portfolios and our retirement
expectations. John predicts it's the end of
retirement as we know it!
But money isn't everything in retirement, as Dr Jo Earl
shows with her research on how a person's resources
impact how well they adjust to retirement (financial
resources, yes, but also five other types). Test
yourself, at least, but I'd say all your clients,
too. Lastly, on resources of the other type, Dr
Joanne Warner explains which commodities have the
best fundamentals for recovery,
in her top 10 rated Markets Summit presentation.
All
the best for a great weekend's continuing education -
Graham
P.S.
Early bird registration closes next Thursday for
PortfolioConstruction Forum Symposium 2016 (17/18
May). |
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LATEST... |
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Investment lessons from Japan
Often in markets, you do get the feeling that
somehow we've been here before. But things are never
quite the same. Looking at some examples from the
past, particularly Japan, we can see what can we
learn and apply to our investment decisions.
Tim Farrelly, farrelly's
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Opinion
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News that should shock nobody
I awoke to
read three pieces in the papers. These items
contained news that would have surprised nobody, had
global economic and market commentators been doing
their job of properly interpreting the news.
Dr Woody Brock, SED
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Opinion
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ZIRP & NIRP - killing retirement as we know it
Retirees and their pensions are being sacrificed for
what now passes as "the greater good." ZIRP has
created a massive problem for retirement savers and
pension fund managers. NIRP will make their problem
worse.
John Mauldin, Mauldin Economics
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Opinion
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How to identify
retirement resources that matter
It's a sad fact that not everyone adjusts well to
retirement. It's estimated that about one third of
retirees have problems adapting after leaving full
time work. So why do some people fail to adapt? A
Dynamic Resource Model provides a potential
solution.
Dr Joanne Earl, Flinders University
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1.00 CE
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Resources
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The resources cycle is getting closer to the bottom
In a
cyclical sector like commodity, deja-vu abounds for
those with a long memory. As the outlook improves,
equities usually rally before commodity prices,
responding to improved demand forecasts.
Dr Joanne Warner, Colonial First State Gl Asset Mgmt
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CE
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2 comments |
Resources
* Rated
in the top 10 presentations by Markets Summit 2016
delegates
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Member comments
Anything but a new paradigm
There have been a lot of positive things that have
happened in Japan over the past four years...
Matthew Sherwood,
Perpetual Australia
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There's nowhere to run, nowhere to hide... but
plenty of risks
The longer the time frame, the higher the potential
return. This is a because a longer time frame allows
more time to recover from negative returns, which
implies it is possible to take more risk...
Natalie Comino,
NAB Asset Management
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A global (quant) perspective on the Australian
equities market
An interesting and informative read...
Michael Beuvink, Vision Financial Management
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Is that portfolio really diversified?
Being properly diversified means always
having to say you're sorry as some investment's not moving in the same direction as the rest.
Michael Kitces, Pinnacle Advisory Group
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Research
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What makes a useful
statistic?
The worlds of business, investing, and sports are
awash in numbers, yet we rarely pause to consider
what makes a statistic
suitable.
Michael Mauboussin, Credit Suisse
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Research
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An ECB dead end
You may
have concluded by now that the euro crisis is over.
Two figures show we're still right in
the middle of the euro crisis. And it has become
permanent.
Oliver Hartwich, The New Zealand Initiative
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Opinion
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Unconventional unconventional monetary policy
Unconventional monetary policies have themselves
become conventional. Monetary policymakers will have
to continue their fight with a new set of
"unconventional unconventional" policies.
Nouriel Roubini, Roubini Global Economics
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Opinion
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Debt cycles don't repeat themselves - but this one
rhymes
A 50-year
era of inflation is ending and we are left no
inflation, little growth and too much debt. China's
slowdown and the current oil glut are early signs
that this debt bubble may end badly.
Dr Robert Gay, Fenwick Advisers
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CE
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1 comment |
Resources
* Rated
in the top 10 presentations by Markets Summit 2016
delegates
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Member comments
Prolonged low returns
I didn't mean to imply that the solution
was to be 100% invested in volatile assets. The
solution lies in reducing the chance that the first
ten years will be poor rather than by reducing
volatility...
Tim Farrelly,
farrelly's Investment Strategy
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Response to Stuart
Good question. If you look at western
debt levels, across most sectors of most economies,
debt has been flat...
Chris Watling,
Longview Economics
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Realistic long-term returns
Mark, with all due respect, I'm not certain how you
can characterise returns of 0.4%pa and 15.6%pa
"unrealistic" over 10-year time periods, when in
fact those returns are almost directly in line with
recent real-world experience...
Michael Kitces, Pinnacle Advisory Group
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The resources cycle is getting closer to the bottom
In the
long term, oil markets are no different from any
other commodity market.
Amy Teh,
Colonial First State
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Demographic shifts are polarising investment
opportunities
Demographic trends are a
"known" that will play
out over the very long term. Nigeria will become 3rd
most populous country by 2045...
Aneta Wynimko, Fidelity International
| Comment |
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GrahamRich |
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