Podcasts about craigs investment partners

Staying with tariffs, and they wiped out about $10 trillion worth of value from the United States' S and P 500 in the space of two days. Craigs Investment Partners investment advisor Mark Lister spoke to Corin Dann.

Investors are keen to see a long term pipeline of work - before committing to spending their money here. More than a hundred companies, managing about six trillion in capital, are at the Government's Infrastructure Investment Summit in Auckland. Brett Shepherd from Craigs Investment Partners says the Government's messages of support were well-received by the summit's attendees. "The commitment of the Prime Minister and the respective ministers to grow the economy on a consistent basis through partnership and infrastructure - that message was just resounding." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Investors are keen to see a long term pipeline of work - before committing to spending their money here. More than a hundred companies, managing about six trillion in capital, are at the Government's Infrastructure Investment Summit in Auckland. Brett Shepherd from Craigs Investment Partners says the Government's messages of support were well-received by the summit's attendees. "The commitment of the Prime Minister and the respective ministers to grow the economy on a consistent basis through partnership and infrastructure - that message was just resounding." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Tonight on The Panel, Wallace Chapman is joined by panellists Jennie Moreton & Simon Pound. The trio discuss the OCR announcement, and why zoning laws might be preventing more competition in the supermarket sector. Simon Pound is a start-up brand specialist and venture capital investor at Previously Unavailable and Brand Fund, and host of the Business is Boring podcast. Jennie Moreton is a Director and Investment Adviser at Craigs Investment Partners. [picture id="4L3DIR0_Supermarkets_jpg" crop="16x10" layout="full"]

Tonight on The Panel, Wallace Chapman is joined by panellists Jennie Moreton & Simon Pound. The trio discuss the rise of hate speech on Elon Musk's social media platform X. In response to yesterday's "I've Been Thinking" from Stephen Franks we're joined by traffic management expert Don. Don explains why it matters. Plus - landline's, do you still have one? Can you remember the number? Simon Pound is a start-up brand specialist and venture capital investor at Previously Unavailable and Brand Fund, and host of the Business is Boring podcast. Jennie Moreton is a director and Investment Adviser at Craigs Investment Partners. [picture id="4KE3RUMĀFP__20241025__zawrzelēlonmusk241025_npOIM__v1__HighRes_ĒlonMuskIllustrations_jpg" crop="16x10" layout="full"]

After all his talk about asset sales, David Seymour has obviously been scratching his head like the rest of us, wondering what we've actually got left to sell. And he's got Christchurch Airport in his sights. The Government —or the Crown— owns a 25% stake in the airport (which is the second largest in the country) and the ACT Party leader is saying today that he doesn't think it should. And I agree. Remember, 75% is owned by the Christchurch City Council, and it's the other 25% that Seymour thinks should be sold because he doesn't think owning an airport is core business for the Government. I think it's a great idea, but not for exactly the same reason as David Seymour. He thinks an airport shouldn't be a government activity. I don't care too much about that side of it, because the Government —or the Crown— has its fingers in all sorts of pies, doesn't it? My support for this comes down to numbers. And whether you and I would be better off if the Government stayed involved in the airport company or not. So David Seymour is saying today: “ACT believes that owning an airport isn't part of the Government's core business and would support selling its share so the money can better be used elsewhere.” He says: “Whether that means better infrastructure, better healthcare, better education services or homes for the next generation.” And the reason I think this idea is a winner has nothing to do with me saying “yeah open the doors to anyone with money”. It's not me agreeing with Seymour that governments shouldn't be involved in things like airports. It's got nothing to do with those things. And if you're familiar with my views on assets, you might think it's a bit weird that I'm supporting Seymour on this one. Because, generally, I don't consider anything to be an asset unless it's making money - and the airport is making money. It's making money for the Crown and it's making money for its majority owner, the city council. But if you dig a little deeper into the numbers - that's where the argument in favour of the crown selling its 25% share lies. In the 12 months until June last year, the airport company reported an underlying net profit after tax of $41.8 million. That was from revenue in the 12-month period of $233.1 million - a 15% increase on the year before. And, once they'd done things like taking into account changes to depreciation rules, the actual result for the year was $22.7 million. Here are some more numbers: All up, the airport company is worth more than $2.3 billion. So, if we do some really raw mathematics, let's say the crown's 25% share is worth $575 million. And if we take the crown's 25% share of last year's actual profit, that comes to about $5.7 million. So, what would you prefer? $5.7 million in a year or $575 million in a one-off transaction? The Crown could sign a deal and get $575 million. Or, based on last year's profit level, it could wait 100 years to get the same sort of return. Based on those numbers, I think it's a no-brainer. And I don't expect to be the only one thinking this is a good idea. Just a few days ago, Mark Lister from Craigs Investment Partners said Christchurch City Council missed a trick when it decided against asset sales. He reckons Christchurch Airport is an attractive asset, which is all the more reason for the Crown to sell-off its 25% share. See omnystudio.com/listener for privacy information.

It's set to be a big week for the US' biggest tech companies. Meta, Microsoft, Apple, Amazon and Tesla are all expected to report their results in the coming days - and it's likely these businesses will be expecting a boost from the new presidential administration. Mark Lister from Craigs Investment Partners explains what we can expect. LISTEN ABOVESee omnystudio.com/listener for privacy information.

It's set to be a big week for the US' biggest tech companies. Meta, Microsoft, Apple, Amazon and Tesla are all expected to report their results in the coming days - and it's likely these businesses will be expecting a boost from the new presidential administration. Mark Lister from Craigs Investment Partners explains what we can expect. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The markets have reacted strongly to Donald Trump returning for his second term in the White House. The US dollar, stocks and bitcoin all surged after his win - but experts are wondering if this will continue. Mark Lister from Craigs Investment Partners unpacked some likely outcomes. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The markets have reacted strongly to Donald Trump returning for his second term in the White House. The US dollar, stocks and bitcoin all surged after his win - but experts are wondering if this will continue. Mark Lister from Craigs Investment Partners unpacked some likely outcomes. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Tonight on The Panel, Wallace Chapman and panellists Martin Cocker & Jennie Moreton discuss the Governments new mining strategy, and mental health groups call for urgent investment. Martin Cocker is the former CEO of Netsafe and Founder of the Online Safety Exchange. Jennie Moreton is a Director and Investment Adviser at Craigs Investment Partners.

Tonight on The Panel, Wallace Chapman and panellists Martin Cocker & Jennie Moreton discuss where the money for the new Waikeria mega prison is going, tipping culture and the socially focused restaurant serving up $4 meals in Dunedin. Martin Cocker is the former CEO of Netsafe and Founder of the Online Safety Exchange. Jennie Moreton is a Financial advisor at Craigs Investment Partners.

Fletcher Building's chief executive and chairman are standing down after a worse than expected half year result.  The country's largest construction company has announced a $120-million net loss after tax in its interim result.  Ross Taylor and Bruce Hassall have confirmed they'll leave the company later this year.  Fletcher had been in a trading halt since Monday afternoon, pending the results.  Mark Lister from Craigs Investment Partners told Mike Hosking that unfortunately, this isn't the first time Fletcher has been in trouble.  LISTEN ABOVE   See omnystudio.com/listener for privacy information.

The country's largest bank, ANZ, is lifting its mortgage and deposit rates from today by as much as thirty basis points. ANZ says global markets are expecting inflation to remain a problem, hence the need for high rates. But high rates also have an effect on the local sharemarket, which has been subdued for most of the year. And that in turn has an effect on at least some Kiwisaver returns. Mark Lister is an adviser with Craigs Investment Partners, and he spoke to Corin Dann.

Mark Lister from investment advisor firm Craigs Investment Partners discusses the impacts of the Auckland mayor's comments about Auckland Airport which forced a trading halt on shares on Thursday.

Expect the unexpected from a sparkling showcase of talented writers in our much-loved Festival Gala storytelling event, now into its 12th iteration and still serving up surprise and delight. Eight writers each take to the stage to share a seven-minute true and personal tale, without prop or script, inspired by this year's evocative prompt – Across The Divide. Braving the spotlight is: ex-military leadership coach and business writer Harold Hillman, the boy from Gorge River Chris Long, GP and essayist Dr Himali McInnes, rising fiction star Rebecca Reilly, Tampa survivor and strategic studies master Abbas Nazari, the queen of historical fiction Jenny Pattrick, The Allusionist podcaster Helen Zaltzman, and Irish physicist and science communicator Laurie Winkless. Supported by Craigs Investment Partners. AUCKLAND WRITERS FESTIVAL WAITUHI O TĀMAKI 25 AUGUST 2022 – 7.00-8.30PM KIRI TE KANAWA THEATRE, AOTEA CENTRE

New Zealand won't be completely sheltered from the latest volatility in international markets. World sharemarkets have been taking a tumble over the weekend. The pound has reached its lowest level against the US dollar, the Euro has touched a fresh 20-year low, and Asia-Pacific currencies have also been weakening. Mark Lister from Craigs Investment Partners told Mike Hosking New Zealand won't be completely immune from what's happening globally. He says the current moves in interest rates and currency rates are reverberating across all asset classes, right around the world. LISTEN ABOVESee omnystudio.com/listener for privacy information.

New Zealand won't be completely sheltered from the latest volatility in international markets. World sharemarkets have been taking a tumble over the weekend. The pound has reached its lowest level against the US dollar, the Euro has touched a fresh 20-year low, and Asia-Pacific currencies have also been weakening. Mark Lister from Craigs Investment Partners told Mike Hosking New Zealand won't be completely immune from what's happening globally. He says the current moves in interest rates and currency rates are reverberating across all asset classes, right around the world. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Pattrick discusses the sale of KiwiWealth to Craigs Investment Partners, the deepening problems with three waters policy and why he thinks the $350 dollar cost of living payment is political poison of the worst sort.

New Zealand's sharemarket has continued to go downhill as it closed at its lowest point in more than two years. The benchmark NZX-50 index trimmed its losses but has ended down 283 points or 2.6 percent, the biggest single session fall since late February. The falls follow further slumps on US markets with fears rising over whether the central bank can tame inflation. Craigs Investment Partners investment advisor Mark Lister.

The Dow has fallen 1000 points and The Nasdaq has lost nearly 5 percent in the worst day of the year for US stock markets. It comes after a rally yesterday that has overnight been erased and some. Craigs Investment Partners head of private wealth research Mark Lister spoke to Corin Dann.

The tap's being turned down on cheap money, which is making markets nervous.The New Zealand share market fell into correction territory yesterday morning, but recovered during the afternoon to close down 1.27 per cent.US stocks are also down, with the S&P 500 index falling and the Dow tumbling more than 800 points.Craigs Investment Partners analyst Mark Lister told Tim Dower that's expected to flow through to New Zealand, especially when it comes to house prices.“We've just got to accept the reality that when the central banks take the punchbowl away, the party doesn't necessarily stop completely but it certainly might slow down.”LISTEN ABOVESee omnystudio.com/listener for privacy information.

The tap's being turned down on cheap money, which is making markets nervous.The New Zealand share market fell into correction territory yesterday morning, but recovered during the afternoon to close down 1.27 per cent.US stocks are also down, with the S&P 500 index falling and the Dow tumbling more than 800 points.Craigs Investment Partners analyst Mark Lister told Tim Dower that's expected to flow through to New Zealand, especially when it comes to house prices.“We've just got to accept the reality that when the central banks take the punchbowl away, the party doesn't necessarily stop completely but it certainly might slow down.”LISTEN ABOVESee omnystudio.com/listener for privacy information.

A triumphant return to the Aotea stage for this most loved Festival event, which signifies the start of three full days of public programming. Surprise and delight will ensue as eight terrific writers take the stage to tell a true, no script- no- prop, personal story using ‘stranger than fiction' as a prompt. This year's champions include: poet and comms queen Kate Camp, French style photographer and influencer Garance Doré, current Poet Laureate David Eggleton, Iranian-NZ filmmaker and essayist Ghazaleh Golbakhsh, literary legend Witi Ihimaera, Australian prize-winner Laura Jean McKay, comedian and author Tom Sainsbury and poet Aigagalefili Fepulea'i Tapua'i. Supported by Craigs Investment Partners. AUCKLAND WRITERS FESTIVAL WAITUHI O TĀMAKI 2021

After 16 years at the helm of the Port of Tauranga, Chief Executive Mark Cairns is handing over successor Leonard Sampson, leaving a legacy of significant investment in major infrastructure and staff development. It's a significant transition for a company rated by Mark Lister, head of private wealth research at Craigs Investment Partners, as one of the best quality businesses on the sharemarket. Mark Cairns has also won plaudits for his leadership style, as well as business strategy. He joins Kathryn Ryan to discuss leadership, the challenges the country faces in improving transportion of goods around the country, especially given government climate policy; and the future of the three main ports in the Upper North Island - Auckland, Northland and Tauranga.

After 16 years at the helm of the Port of Tauranga, Chief Executive Mark Cairns is handing over successor Leonard Sampson, leaving a legacy of significant investment in major infrastructure and staff development. It's a significant transition for a company rated by Mark Lister, head of private wealth research at Craigs Investment Partners, as one of the best quality businesses on the sharemarket. Mark Cairns has also won plaudits for his leadership style, as well as business strategy. He joins Kathryn Ryan to discuss leadership, the challenges the country faces in improving transportion of goods around the country, especially given government climate policy; and the future of the three main ports in the Upper North Island - Auckland, Northland and Tauranga.

In this episode, we discuss the exact dollar amount that you're expected to need to reach peak happiness in New Zealand, as well as a breakdown of how to get it through property investment. We talk through ways to build this same level of income through alternative investments, including term deposits. This is where we mention this graph from Craigs Investment Partners. We also announce that we will host property investment dinners in Wellington, Auckland, Christchurch and Queenstown, with 10 investors (+ partners) at each. To enter the draw, follow us on instagram, share the podcast on your story and leave us a review. Then take a screenshot and send it to podcast@opespartners.co.nz.

The US sharemarket has all but shrugged off the unrest on Capitol Hill -- and it's not the first time the market has done that. The Dow Jones, Nasdaq and the S&P 500 are all tracking upwards for a second day, the Nasdaq up more than two percent at the moment. As long as the turmoil doesn't have a direct affect on company earnings or economic growth, investors kept buying stocks. Big shocks like 9/11, the financial crisis and Covid-19 lockdown directly affected consumer and corporate spending - so that brought the markets down. Mark Lister from Craigs Investment Partners told Jonathan Mitchell, the US sharemarket is in a mood to keep going up.

Sky City management have put on their best poker face after three executives unexpectedly quit on Monday, heralding a major shakeup at the top of the company. Chief executive Graeme Stephens will "retire" at the end of the month, while CFO Rob Hamilton and chief marketing officer Liza McNally both revealed they'll depart early next year. The announcements came with minimal explanation. Mark Lister, a research analyst at Craigs Investment Partners, speaks to Corin Dann about the significance of the changes.

On November 5, 2020, Theresa Gattung (along with Helen Clark) spoke at a fundraiser for CCT - "NZ and the World After the Pandemic". All proceeds from this event will go to the Cambodia Charitable Trust to support their humanitarian response by providing emergency food for struggling families and learning materials for school children. cctnz.org.nz/ Thanks to event sponsors: Craigs Investment Partners & Zespri International

BTF Hosts Kayne and Isa sit down with Jeremy Twiss - Investment Adviser from Craigs Investment Partners. Jeremy has been with Craigs for over ten years and is an AFA Authorised Adviser and an accredited dealer of global securities. The boys sit down to talk about Jeremy's background, including his advise for anyone wanting to enter the industry. They also talk through some investment basics explaining how and where to start, what a risk profile is and is there is a minimum amount you need to invest. Jeremy Twiss is an investment adviser at Craigs Investment Partners. His disclosure statement is available on request and free of charge and can be found under his profile at www.craigsip.comDisclaimer: This information is general in nature and Craigs Investment Partners Limited does not take into account the investment objectives, financial situation, risk tolerance or specific needs of any particular person in the preparation of this information. Returns are not guaranteed, and investment values can go down as well as up. Accordingly, before making any investment decision Craigs Investment Partners Limited recommends that you seek professional assistance from an investment adviser.Craigs Investment Partners Limited, its partners and employees, do not accept liability for the results of any actions taken or not taken upon the basis of information in this blog, or for any negligent mis-statements, errors or omissions. Some information included may be of an historical nature and may have been superseded. Historical performance does not guarantee future performance. Those acting upon information and recommendations do so entirely at their own risk. This information by Craigs Investment Partners Limited is for New Zealand residents. It may not be reproduced or further distributed or published without the express prior approval of Craigs Investment Partners Limited. Craigs Investment Partners Limited and/or its partners and employees may, from time to time, have a financial interest in respect of some or all of the matters discussed.Craigs Investment Partners Superannuation Management Limited is the manager and issuer of the Craigs KiwiSaver Scheme. Discussing your initial investment needs is free. Product charges and applicable fees are set out in the Craigs KiwiSaver Scheme Product Disclosure Statement, available at craigsip.com/document-library.QuayStreet Funds is issued and managed by QuayStreet Asset Management. For further information please see the Product Disclosure Statement available on quaystreet.com/documents.Disclosure statements are available on request or can be found at www.craigsip.comIf you have any questions or comments, or have a topic you want us to discuss you can contact us at https://moneyempire.co.nz/. The advice shared on Beyond the Field is general in nature and does not consider your individual circumstances and is based on our personal opinions. Beyond the Field is for educational purposes only and should not be relied upon to make financial decisions. Kayne Wahlstrom, Isa Nacewa and the Money Empire group are Registered Financial Advisers. We do not provide our clients with advice on investments, nor do we provide investment planning advice. To receive personal financial advice, you must first engage with an AFA or RFA, and receive, read and understand their Scope of Service and Terms of Engagement to ensure the service and products are suited to your needs. We may discuss products, services and answer listener questions on this podcast for illustration purposes only. Triple M Group Limited (5737850) (NZBN: 9429041825877) Registered NZ Limited Company.

Spark's bad weekend stretched into early morning trading, with the company's stock price dropping 8 cents (1.84 per cent) to $4.27 as soon as the market opened.This drop was equivalent to a loss of over $144 million in market value for the $8 billion company.The company's share has since recovered, lifting to $4.39 early this afternoon.In a note sent out this morning, Craigs Investment Partners said: "It's hard to think of a way to generate more negative press than failing to provide a good experience for an All Black test match".The investment bank indicated that this could play into the hands of Spark's sport-streaming competitors, Sky TV, whose shares were up 1.75% to $1.16 in early trading.Over the weekend, Spark was forced to screen the second half of the match between South Africa and the All Blacks on free-to-air TV after many customers faced constant pixelating, blurring, buffering or complete loss of signal.Acting Prime Minister Winston Peters yesterday vowed the Government would get to the bottom of the issue, labelling the incident an "abject disaster".Following the glitchy match, Spark Sport worked overnight Saturday and into Sunday morning in an attempt to resolve the video stream problem.This morning, Spark Sport boss Jeff Latch told Newstalk ZB's Mike Hosking that he was confident the company would be able to deliver the remaining matches glitch-free.He could not guarantee the rest of the tournament would not be faultless with Spark's streaming service, but could guarantee the platform, network and production has tested well and been outstanding.If there were any problems, he said, the match would be put on to Television New Zealand's Duke channel within 40 or 45 seconds.

Martin Allison from Craigs Investment Partners joins Kate Hawkesby to talk about the week's markets.In what's been a positive week on the market, Allison says overall investors have had a good run this year after a tough final quarter last year.That includes US shares powering ahead hitting "fresh record highs".

Eight writers, eight seven-minute true stories, no scripts, no props. Toiling for your entertainment and edification this year, and addressing the loose theme of “At The Crossroads”, are John Boyne (Ireland), Roger Hall (NZ), Chessie Henry (NZ), Mika (NZ), Sisonke Msimang (South Africa/AU), Mary Norris (US), Kamila Shamsie (Pakistan/UK) and Jeff Tweedy (US). Supported by Craigs Investment Partners.

Title: What's the best investment for your life stage?Each week the NZ Herald and Newstalk ZB's Cooking The Books podcast tackles a different money problem. Today, it's the different ways to grow wealth in different stages of life. Hosted by Frances Cook.It might come as no surprise to you that many people believe investing is only for the rich. Heck, even I used to think that.The Financial Markets Authority has released research on attitudes to investing, and shock horror, older men with high incomes feel the most confident about investing into the financial market.Women, and younger people with low incomes, are the least confident.But investing doesn't have to be for the rich; in fact, it's the opposite. Usually, it's the way that people become rich in the first place.What's important is that you pick the right investment for your stage of life.While many people want to buy a house first up, it requires a huge deposit, and ties you down to one place.There are actually better options for those who are younger, and want to do something good with their money.I called up Mark Lister, head of private wealth research for Craigs Investment Partners, for the latest Cooking the Books podcast.We talked about how to much in a savings account can be a bad thing, how to weigh up housing versus shares, and when to consider niche investments.For the interview, listen to the podcast.If you have a question about this podcast, or an idea for the next one, come and talk to me about it.I'm on Facebook https://www.facebook.com/FrancesCookJournalist/Instagram https://www.instagram.com/francescooknz/ Twitter https://twitter.com/FrancesCook

Democracy and Its Crisis is the latest book from leading British intellectual A. C. Grayling. In it he traces democracy’s birth in ancient Greece to its bastardisation in the 21st-century. He delivers a lecture on democracy’s current lowpoint, and the pressing need for reform. Supported by Craigs Investment Partners

Each week the New Zealand Herald and Newstalk ZB's Cooking The Books podcast tackles a different money problem. Today, it's how to invest your money ethically. Hosted by Frances Cook.Kiwis have shown over and over again that they’re fans of ethical investing.Take the scandal over KiwiSaver funds accidentally investing into tobacco companies and businesses that produced cluster bombs. While some might have seen this as the price of a good return, most New Zealanders were outraged and demanded a change.Plucky upstart Sharesies, that company that lets you invest in shares for as little as $5, has also found hot demand for ethical options.They opened for business in beta mode, actively looking for feedback from their customers.One of the biggest demands was for ethical funds.All of this is part of a sea-change happening in New Zealand investing right now. While there once was a bit of lip service to ethical options, many in the industry have overhauled their funds to get serious about the issue.Yes, it was partly triggered by the nightmare publicity of the KiwiSaver cluster bombs investing, but the outcome is still an interesting one.In the recently released New Zealand Investment and Operations Outlook Survey, 64 percent of local fund managers said they wanted to be seen as doing the right thing on environmental, social, and governance issues.That’s a huge leap from only 20 percent the year before. As in, before the KiwiSaver scandal.I called up Mark Lister, head of Private Wealth Research for Craigs Investment Partners, to find out what ethical investing actually mean, and if there's any downside.We talked about what actually counts as being ethical, whether your returns will be as good, and what a new investor can look for to make sure their investments fit their own personal ethics.For the interview, listen to the podcast.If you have questions about the podcast, or an idea for next time, come and find me online. I'm on Facebook here https://www.facebook.com/FrancesCookJournalist/ and Twitter here https://twitter.com/FrancesCook

Each week the New Zealand Herald and Newstalk ZB's Cooking The Books podcast tackles a different money problem. Today, it's how to invest your money ethically. Hosted by Frances Cook.Kiwis have shown over and over again that they’re fans of ethical investing.Take the scandal over KiwiSaver funds accidentally investing into tobacco companies and businesses that produced cluster bombs. While some might have seen this as the price of a good return, most New Zealanders were outraged and demanded a change.Plucky upstart Sharesies, that company that lets you invest in shares for as little as $5, has also found hot demand for ethical options.They opened for business in beta mode, actively looking for feedback from their customers.One of the biggest demands was for ethical funds.All of this is part of a sea-change happening in New Zealand investing right now. While there once was a bit of lip service to ethical options, many in the industry have overhauled their funds to get serious about the issue.Yes, it was partly triggered by the nightmare publicity of the KiwiSaver cluster bombs investing, but the outcome is still an interesting one.In the recently released New Zealand Investment and Operations Outlook Survey, 64 percent of local fund managers said they wanted to be seen as doing the right thing on environmental, social, and governance issues.That’s a huge leap from only 20 percent the year before. As in, before the KiwiSaver scandal.I called up Mark Lister, head of Private Wealth Research for Craigs Investment Partners, to find out what ethical investing actually mean, and if there's any downside.We talked about what actually counts as being ethical, whether your returns will be as good, and what a new investor can look for to make sure their investments fit their own personal ethics.For the interview, listen to the podcast.If you have questions about the podcast, or an idea for next time, come and find me online. I'm on Facebook here https://www.facebook.com/FrancesCookJournalist/ and Twitter here https://twitter.com/FrancesCook

OPINION: Each week the NZ Herald and Newstalk ZB's Cooking The Books podcast tackles a different money problem. Today, it's why you need to expect investments to go bad, and what you can do about it. Hosted by Frances Cook.It's the age old advice: shares are a great investment for building up personal wealth, as long as you can stomach the risk.Over ten years, you're likely to get a sizeable return. But within that decade, be prepared to grit your teeth through some years where your money goes backwards.That was proved true within the last week, with Fletcher Building having an absolute nightmare.They had their second profit downgrade for this year, their share price plunged to a 16 month low, and now the CEO has bailed and is being replaced.Yep, that's a bad week. But let's be honest, this happens. I personally think that everyone who can invest, should, and we'd all be a lot better off financially.But if you dabble, you have to expect to take a hit now and then.Forewarned is forearmed, as they say, and if you're realistic then you can also have a plan in place to deal with the inevitable.I talked to Mark Lister, head of private wealth research for Craigs Investment Partners, about how to deal with an investment that goes bad.In the latest Cooking the Books podcast we cover subjects including why shares are still a good idea, how to plan for any bad investments from the start, and when you need to cut your losses. For the interview, listen to the podcast.You can subscribe to this podcast on iTunes or the Apple podcasts app. Click here for episodes.If you have questions about this episode, or suggestions for the next one, come and talk to me online. I'm on Facebook here and Twitter here.

OPINION: Each week the NZ Herald and Newstalk ZB's Cooking The Books podcast tackles a different money problem. Today, it's why you need to expect investments to go bad, and what you can do about it. Hosted by Frances Cook.It's the age old advice: shares are a great investment for building up personal wealth, as long as you can stomach the risk.Over ten years, you're likely to get a sizeable return. But within that decade, be prepared to grit your teeth through some years where your money goes backwards.That was proved true within the last week, with Fletcher Building having an absolute nightmare.They had their second profit downgrade for this year, their share price plunged to a 16 month low, and now the CEO has bailed and is being replaced.Yep, that's a bad week. But let's be honest, this happens. I personally think that everyone who can invest, should, and we'd all be a lot better off financially.But if you dabble, you have to expect to take a hit now and then.Forewarned is forearmed, as they say, and if you're realistic then you can also have a plan in place to deal with the inevitable.I talked to Mark Lister, head of private wealth research for Craigs Investment Partners, about how to deal with an investment that goes bad.In the latest Cooking the Books podcast we cover subjects including why shares are still a good idea, how to plan for any bad investments from the start, and when you need to cut your losses. For the interview, listen to the podcast.You can subscribe to this podcast on iTunes or the Apple podcasts app. Click here for episodes.If you have questions about this episode, or suggestions for the next one, come and talk to me online. I'm on Facebook here and Twitter here.

Auckland Writers Festival 2016 All eyes turn to America as the presidential race to be the 45th President of the United States plays out. From a distance, this vast and powerful country can sometimes seem redolent with contradictions and division – gender, race, class, security domestic and international - but what is it really like coast to coast? Cosmologist and writer Janna Levin and historical novelist, essayist and critic Thomas Mallon join iconic feminist and journalist Gloria Steinem to take the measure of their homeland, foreign and domestic – and to explain what gives with Trump. Chaired by Guyon Espiner. Supported by Craigs Investment Partners