May 2020 Monthly Newsletter
This is a newsletter that was sent out on Monday May 11th 2020, to Moneyworks Financial Planning and Investment Clients that we work with on an ongoing basis. It has quite a lot of interesting information, so we thought we would share it with you this month.It has been a long time since the start of 2020.
Now that we can see the light at the end of the tunnel with our Level 2 lockdown being available from Thursday 14th May, we thought that this was a good time to review where we have been, where we are now and what might be happening ahead, particularly as it relates to your investments.
We feel that with all the uncertainty and turmoil we have seen both in New Zealand and around the world in recent times, we should also be thankful that New Zealand (to date) has acted quickly and responsibly and we have avoided the worst of what we have seen in other parts of the world. We have a real opportunity to come out of lockdown quickly and get out of our bubbles and back to work.
At Moneyworks, we intend to support local businesses and markets hit hard by the Covid-19 virus, like travel. We can all do this by buying locally and holidaying in New Zealand as much as we can.
Although the reasons for the recent chaos in financial markets is quite different from what we have seen in the past, the volatility is not, we have been here before on many occasions and each time have come out the other side.
If you would like to discuss your investments, what is happening with them, whether we should be making any changes, contact your adviser as usual on email@example.com, or at their email address.
April 2020 Newsletter
Even with the world turned upside down with Covid-19, the 31st March end of tax year still applies. In this newsletter, we have outlined the things that you should be thinking about in terms of your tax.
Covid-19 and your insurance premiums
If your financial situation has been impacted from Covid-19 and lockdown, and you are struggling with paying your insurance premiums, each insurer that we deal with has an option for you to put your insurance premiums on hold. Please note however, that for some insurers, they have decided that while your premium is on hold, you will have no insurance cover. The rules are different for each company.
If you would like more information on putting your insurance premiums on hold for a month or two – please email us at firstname.lastname@example.org.
Covid-19 Special Newsletter - what about your KiwiSaver and Insurance and what can you get from the Government package?
We are proud of our Government and the people of New Zealand for the actions that we are taking to prevent deaths from Covid-19 in New Zealand. It is going to be an interesting 4 weeks (or more), lots of new experiences within our homes with our family.
Many people have found themselves with financial stressors as their work has ended - particularly if their work is involved in people facing work and they are unable to work from home.
This newsletter is to highlight in one place the resources available to you and your family and friends - to make sure that you are able to take advantage of the Government assistance.
We have also put in some notes where relevant about the things to consider with your financial planning.
March 2020 Newsletter
This month we are focussing on investments, investment strategies and recent market fluctuations, with three articles.
Dart Throwing monkeys? This is based on a random theory that dart throwing monkeys can actually do better than active managers, but the research doesn't stack up. Read more below.
IRD is cracking down on Airbnb tax payers this year (using technology) . We are also looking at how 'fast fashion' is not great for the environment.
Happy New Year, the start of the new decade, hopefully it is a great one for you.
This month a few relevant items that we thought you should know about, they won't all apply to you, but might be relevant for someone that you know.