Posts Tagged ‘cash’
Taxing the Economy to Death »
by Kris Sayce “It is understood the fight broke out during the Tuesday trading session over a line-of-stock transaction. The drama started with a ‘gentle shove’ between the two men that quickly intensified. “The pair reportedly tackled each other and had to be separated by their UBS colleagues.” The fight – as reported by News Ltd – [...]
Property Tip »
And my little bit of wisdom for all it's worth. Would you consider the property to be a good investment if you could pay cash for it. If it is then great. If not why borrow money to buy it?
Q&A with a Client »
Today I thought I would share the answer I gave to a client who bought their first home last year before being introduced to us here at Professional Investment Services. His question to me was this "Ultimately I’d like to land bank somewhere (hopefully another depression will come in about 7-8 years), then when we can afford to build, we’d [...]
Cash is Not King »
The recent rush of redemptions in the managed funds industry could reverse somewhat in 2009 as falling yields in cash encourage investors to look elsewhere for returns, according to new CoreData research. For many other investors the trigger point for potential asset re-allocation has already been passed in terms of expected returns with [...]
Fantastic Drop »
The Reserve Bank yesterday reduced the official cash rate (OCR) by 150 basis points to 3.5%. Kiwibank was the first bank to reduce its rates with Westpac following closely behind. At the end of day all the other major banks had followed suite and made reductions to rates across the board, some passing on up to 100 basis points or more. All the [...]
Flipping Property »
Real Estate certainly seems to be an investment that people get passionate about. I guess thats why it is so easy to make huge amounts of money in the Real Estate industry, after all people buy emotionally and then justify afterwards with logic. Real Estate lends itself perfectly to that maxim. So lets look at the concept of flipping [...]
