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An equities love story; Are you smarter than a hedge fund manager?; Financial separation; Work/family guilt; Money Matters

By Amanda Morrall
1) 500 days and counting
All good things must come to an end, right? When it comes to stock market rallies, history has proven this so many times over. And thus the current 500-day plus rally of the S&P500 (which has yet to see a 10% correction in that time) is the subject of great speculation among analysts, many of whom predict it's just a matter of time before it heaves. The Wall Street Journal relays the 500 day love story here.
2) Tortoise and hare
Andrew Hallam, writing for the Globe and Mail, looks at the competitive advantage of taking an index tracking approach to investing in his latest progress report on how his fund has fared against his risk taking, hedge fund admiring colleagues.
3) Separation city
Whether you're ending a marriage or a long-term relationship where nuptials were not exchanged, the financial separation of assets and liabilities and joint obligations is hard work. Here's a financial check-list via the Wall Street Journal to help with the process.
4) Work/family guilt
Related Topics
Women specialise in guilt. At least I know many working mothers who do. In trying to manage both spheres of our lives, work and family, we're constantly berating ourselves for doing less than a perfect job at each. If guys suffer from this work/family life imbalance and the related guilt, they tend not to dwell on it or else keep it to themselves. The only time I tend to hear this topic raised is by those blokes whose marriages end up collapsing ostensibly because they spent too much time at work and not enough at home.
I don't see this as a gender issue so much as a societal problem. We have constructed our modern lives to make working and family life a hard ask. A very interesting piece here from the Harvard Business Review on the three C's that make it so; countries, corporates and culture. We need to tweak the formulas, some nations more so than others.
5) Money Matters
For those interested, the following is a link to my interview yesterday with Radio National's Nine to Noon show yesterday hosted by Lynn Freeman.
And finally, effective this week, Take Five will be running every second day. That's by the request of the interest.co.nz.
To read other Take Fives by Amanda Morrall click here. You can also follow Amanda on Twitter @amandamorrall or at www.amandamorrall.com









7 Comments
Hi Amanda, congratulations on
Hi Amanda, congratulations on the book. I've been poking around in Whitcoulls, both in New Plymouth and Auckland, and I couldn't find it.......??? Where's the best place to find a copy?
Hi there Neill. Thanks. I've
Hi there Neill. Thanks. I've noticed the little book stores are carrying it more readily that the biggies. Saw it in Devonport and also our local bookshop in Herne Bay. We'll be selling copies off interest.co.nz shortly and also from my blog amandamorrall.com when I get myself sorted. You can also order online from fishpond and mighty ape.
Thanks for your support and inspiration.
Being financially astute, I
Being financially astute, I got my copy from the library (sorry Amanda!)
Haha, no worries. I'm a big
Haha, no worries. I'm a big fan on the library too although I have recently started buying books as gifts for people and that feels really good. Books can always been recycled and gifted around when read.
We'll be giving a few copies away on interest.co.nz, so stay tuned.
Thanks for your interest. :)
" If guys suffer from this
" If guys suffer from this work/family life imbalance and the related guilt, they tend not to dwell on it or else keep it to themselves"
As a guy, you don't have any option. Show it and you're "not up to the next task, and you'll be passed over for prime opporunities or higher risk jobs". Admit to it and you're "making excuses and won't be trusted with important items". Act to fix it and you're "not keeping an eye on your priorities and you will lose the next plum project to someone more willing to push through the pain."
Being a guy is competitive, give an edge and you'll be last years news. Tell that to the wife and kids when they want something special (like mortgage payments)
Take the train why don't
Take the train why don't you!...hop hop
"...the whole system starts to look like a typically inefficient, unthoughtout shambles.
I guess seeing that Auckland Council are behind it that isn't too much of a surprise."herald
No worries... the jaffa ratepayers will cover the shambles
More Ofsted madness in the
More Ofsted madness in the UK...just the stuff to keep the NZ govt and bureaucrats busy churning out another tide of BS red tape.http://www.guardian.co.uk/education/2013/feb/27/ofsted-chief-paid-school-governors