Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


New Book - Portfolio Investing Not Rocket Science

News Release
For Immediate Release
May 2, 2005

New Book Shows Portfolio Investing Is Not Rocket Science

While property is still a favourite of New Zealand investors, ABN AMRO Craigs Head of Research Cameron Watson believes it is important for investors to maintain a balanced portfolio of investments to complement their exposure to the property sector.

To help those with little or no investing experience, Tauranga-based Watson has produced a book - Risk, Return and Reality - outlining the basic principles.

"Investing is not rocket science, but we don't learn about it at school or tend to chat about it too much. There are some basic investing principles anyone can master.

Most people will have an investment advisor, so it's not necessary to learn everything. But because investing isn't a team game, investors do need to know the basics so they can achieve financially and invest in a way to best suit their circumstances."

With New Zealand companies performing well and strengthening both on and offshore, Watson believes increased confidence levels will see more New Zealanders diversify their investments in the sharemarket.

"Until now Kiwis have had an almost inbuilt mistrust of the sharemarket, mostly a hangover from the 1987 crash, so property became the preferred investment. We are also a nation of 'bricks and mortar' - we like to be able to 'see' what we own."

However, this psyche is changing he says. Investors are realising the importance of diversification and know balanced portfolios are their best protection against the myriad of risks that could undermine their financial wellbeing.

"The growth and increasing marketplace strength of New Zealand-based companies is also going a long way to help build confidence in sharemarket investing."

Risk, Return and Reality is a collection of Watson's ABN AMRO Craigs writings from the past five years.

"The book is not a get-rich-quick guide – I'd hazard to suggest such a device doesn't exist. It's for people who are serious about investing and consider protecting their money to be as important as making money."

Risk, Return and Reality is written in an easy-to-read style. Articles are separated into focused stand-alone sections, allowing readers to easily go to the topic relevant to them.


© Scoop Media

Business Headlines | Sci-Tech Headlines


ScoopPro: Helping The Education Sector Get More Out Of Scoop

The ScoopPro professional license includes a suite of useful information tools for professional users of Scoop including some specifically for those in the education sector to make your Scoop experience better. More>>

Big Tax Bill Due: Destiny Church Charities Deregistered

The independent Charities Registration Board has decided to remove Destiny International Trust and Te Hahi o Nga Matamua Holdings Limited from the Charities Register on 20 December 2017 because of the charities’ persistent failure to meet their annual return obligations. More>>

57 Million Users' Data: Uber Breach "Utterly Preventatable"

Cybersecurity leader Centrify says the Uber data breach of 57 million customer and driver records - which the ride-hailing company hid for more than a year - was “utterly preventable”. More>>

Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>

Having A Cow? Dairy Product Prices Slide For Fourth Straight Auction

Dairy product prices fell at the Global Dairy Trade auction, retreating for the fourth straight auction amid signs of increased production... Whole milk powder fell 2.7 percent to US$2,778 a tonne. More>>


Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>


Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>