Posts Tagged ‘Financial Gain’
Weekly Update »
In the last week we have seen the reserve bank leave interest rates where they were which as you are probably aware did not go down well with me. The banks have pretty well refused to lower interest rates and have announced significant profits in a time when the rest of the world is suffering from the actions that they took (i.e poor lending [...]
Casting no stones »
This article came across my desk earlier this week and I thought it was particularly interesting. The discussion is a good one and highlights the very uncertain nature of the financial planning process. I hope you enjoy it as much as I did. Professional Investment Services (powered by Financial Gain) can help you make sense of what when and how [...]
Banks Told To Lower Profits »
Finance Minister Bill English has told banks to lower their profits, after the four big Australian-owned lenders reported total profits in excess of $4.5 billion. It always amazes me when the Banks make statements about how tough it is yet unlike many other businesses that are actually loseing money they are merely not making as much as [...]
Crazy »
Telecom shares were down 7c in early trading to 275 after the company reported its third quarter results. A 14 percent rise in third quarter profit had been published, boosted by an increased dividend from its Southern Cross cable business and lower cost of sales in its mobile phone business. This is an indication of just how hard it is to try [...]
WE'VE BEEN DECEIVED AND CHEATED »
Bruce Bartle has owned rental properties and ran his own cleaning business during his working life. The 70-year-old didn't see how Blue Chip could work and was reluctant to invest until a 2-hour lunch meeting with lawyer Jonathan Mathias. After that, he was convinced - so much so that he wrote to his brother enthusing about the opportunity. Now [...]
Prices on the move upwards. »
According to the Real Estate Institute of New Zealand (REINZ) house prices are lifting. At Professional Investment Services (powered by Financial Gain) we have been saying this since early December (in the Auckland market at least). Is this so for the rest of the country? I doubt it. The reality though is that the measurements used to [...]
Micro Blog – Is the mortgage Broking Industry »
Mortgage brokers may have some work to do in terms of attracting first home buyers with a new survey revealing they tend to rely largely on the advice of family and friends rather than industry professionals. Add to this the massive cuts in commisions from the banks and the mortgage boking industry as we know it is dead. The reality is it has [...]
Professional Investment Services »
Today I migrated the blog from Go Daddy to Essential Internet Tools to save money for the business but to also create another revenue stream for my other businesses. You see becoming a reseller at Essential Internet Tools provides a very easy way to create a residual income over the upcoming years as more and more people are creating websites to [...]
Making Money Easily »
No questions from Clients today so I thought about what to write. At Professional Investment Services we focus on how to help clients achieve their financial goals and so I am often asked what to invest in and where. As a financial planner I am trained and educated in the traditional methods of creating wealth and protecting wealth however [...]
Facing the new reality »
The following article provides some great insight to what is happening in the financial services industry. Financial Planners and Investment advisors alike are reviewing the ways they are doing business as we speak. Professional Investment Services (powered by Financial Gain) has always used a fee for service model as we believe this is the [...]