Copy
Hi, it's Maxim here. This newsletter is about personal finance, Auckland property tips and NZX stock market insights. I appreciate you being here!

You will learn:


● Top 10 Rises & Falls Over the Last 7 Days (NZX Stock Market)
● Poll Results on the Economic Response Package & Auckland Property Market

● Poll Results on the Economic Response Package & NZX Stock Market
● Top 10 Happiest Countries in The World (Happiness Report 2020)


Want a different reading experience? View it in your internet browser.
Top 10 Happiest Countries in The World (Happiness Report 2020)
Click "Display images below"

🕑 3-minute read

More than half of the top ten cities worldwide according to how positively their inhabitants currently evaluate their lives are located in Scandinavia.

Finland’s world-leading average score. It continues to occupy the top spot for the third year in a row, and with a score that is now significantly ahead of other countries in the top ten.

The next two countries in the ranking are the same as last year, Sweden and New Zealand in 7th and 8th places
Click "Display images below"
Two of the top ten cities are located in Australia and New Zealand: Wellington, the capital of New Zealand, is ranked third and Brisbane (Australia) is ranked tenth. The only top ten cities that are not located in either Scandinavia or Australia and New Zealand are Zurich (Switzerland) and Tel Aviv (Israel).

Read the full report here.


Have I missed anything? What do you think will happen by the end of 2020?
Poll Results on the Economic Response Package and NZX Stock Market
Click "Display images below"
You cane vote on Facebook and see other poll details.
Poll Results on the Economic Response Package and Auckland Property Market
Click "Display images below"
You can vote on Facebook and see other poll details.
Top 10 Rises & Falls Over the Last 7 Days (NZX Stock Market)
Click "Display images below"
Click "Display images below"
Click "Display images below"
🕑 2-minute read

NZ government's $900m loan would keep Air NZ afloat, but at the cost of any future dividend payments while any debt is outstanding. The debt can also be converted to equity and that could see other shareholders' stake in the airline hugely diluted.

The national carrier was already off 30 per cent before entering the trading halt and the news it would be hampered with more debt and cancelling its future dividends caused more investors to jump ship.

The size of the loan was too small given there was speculation that $2 billion-to-$3b was needed.

New Zealand investors rely on income and look for companies that pay reliable, solid dividends. At the moment, we are seeing leading New Zealand companies cutting their dividends.

Synlait Milk led the market higher after reporting its first-half result yesterday. Profit fell more than expected, but the milk producer held its full-year guidance for the full-year and said there had been no operational impact from the virus outbreak.

Some stocks had seen a bounce as investors were buoyed somewhat by stimulus packages, saw value in hard hit stocks.

Retirement village operators had been hit hard on concerns residents were more at risk of covid-19.


Vista Group, the cinema software firm announced this afternoon it had cancelled the agreement to acquire a further 14.5 per cent of Vista China. The deal may be revisited once the impact pandemic is "fully understood".

Tourism Holdings today cancelled its first-half dividend, slashed director and executive pay and said it is considering leasing campervans as emergency accommodation. 

Fisher & Paykel raised its earnings guidance yesterday, due to a weaker kiwi dollar and as the virus outbreak stokes demand for its homecare products. 

Pushpay, the mobile payments software developer raised its earnings guidance, saying its church customers were pushing more of their congregations into using digital giving as in-person gatherings get suspended.
You Might Like: Is there anything else that you noticed this week worth sharing? Let me know and I'll see how we can distribute it in the community.
"Entrepreneurs: the only type of people who work 80-hour weeks to avoid 40-hour weeks" — Lori Greiner

Thank you for taking the time to read it! If you know anyone who would benefit from this email, you are welcome to forward these tips to them.

Want to share the email on social media? Use this link.
Click "Display images below"
Hi, I'm Maxim, the human behind this newsletter.

I research and interview economists, tax advisors and NZ investors to find tools & tactics that you can use to save time and money.
Got this email from a friend? Subscribe to this newsletter.

P.S. What did you like (or did NOT like) most about these updates? I'd be glad to read your requests or suggestions! Just hit the reply button. 
Connect with me and follow Auckland property tips & NZX stock market insights on your favourite social media:​
Instagram Instagram
LinkedIn LinkedIn
Facebook Page Facebook Page
Website Website
NZX Stock Market Facebook Group NZX Stock Market Facebook Group
NZX Stock Market Reddit Community NZX Stock Market Reddit Community
Auckland Property Facebook Group Auckland Property Facebook Group
Auckland Property Reddit Community Auckland Property Reddit Community
This email has been provided for general information only. It does not constitute personal financial product advice or takes into account your objectives, financial situation or needs.

Feel free to unsubscribe (or change your email) below if you are not interested in future Auckland property tips & NZX stock market insights.

You can update your email address or UNSUBSCRIBE.

Email Marketing Powered by Mailchimp