Last year was one of the worst years ever for financial markets. Call it recency or loss aversion or some other Daniel Kahneman bias but for some reason, our brains are hard-wired to assume big losses will be followed by additional losses (just like we assume big gains will be followed by additional gains)
Thought Leadership
How do Trustees protect themselves against the risk of them being held personally accountable for investment decisions they make?
The collapse of First Republic Bank is a harsh reminder that any stock can go to zero, no matter how established a company is, or how loyal and wealthy its customers are.
2022 was one of the worst years on record for performance in the global bond market. The Barclays U.S Aggregate Bond Index (a broad measure of the U.S. bond market) posted its worst year since records began in 1976, down 13%.
A normal pathway through life will deliver some unexpected crises. To say they are unexpected is perhaps not correct as we all expect to face problems at some point. It’s just that they arrive unexpectedly.
The tendency to compare your situation with those around you is ingrained in the human condition. Whether consciously or unconsciously, to some extent we all filter our decisions through a comparative lens.
The last new all-time high for the S&P 500 was on January 3, 2022.
That means it’s been almost 450 days since we’ve experienced new highs in the stock market.
That feels like a long time.
We are living longer. Life expectancy for New Zealanders has been climbing steadily since the fifties leading to an ever-increasing number of years spent in retirement.
I don’t believe there is one singular way to invest your money. If there was everyone would invest that way.
Every strategy and philosophy has its pros and cons.
In this week’s Rutherford Rede blog, we look at a recent article from the Sydney Morning Herald that draws attention to the deterioration of financial literacy across the Australian population.