Monday, February 2, 2009

Scam Watch: List of helpful Investor tools

Since there has been so much skulduggery and theft from investors, most recently and historically, from individuals and companies like your Doug Somers-Edgars, Eric Watsons, Bridgecorp, ANZ's ING and a whole host of other vagabonds and rogues, I thought it would be good to collect together a list of links to help the investor out there stop investing in something silly and if they have already where they can go to get help.


www.seccom.govt.nz - NZ Securities Commission: Report all dodgy investments.

www.sharescams.org.nz - Find out what share scams there are about.

www.sfo.govt.nz - Serious Fraud office.

www.consumeraffairs.govt.nz/scamwatch/ - Consumer scams.

http://www.fpia.org.nz/compdis-reso/complaintsproc.htm - Complaints to the institute of financial advisors.

http://www.eufa.co.nz/ - Exposing unacceptable practices website: principally set up to advocate for investors who lost money in fiance companies.

www.iombudsman.org.nz - Insurance and savings ombudsman.

www.bankombudsman.org.nz - Banking ombudsman.

http://www.consumeraffairs.govt.nz/businessinfo/cccfa/cccfa-regs-formula.html - Credit Contracts and Consumer Finance Regulations 2004

http://www.comcom.govt.nz/ - Responsible for enforcing the Fair Trading Act, the Commission's site has a guide to the act, and information about various scams which they have taken action on.

http://www.vcnz.co.nz/Scams.html
- Property scams outlined.

http://www.reinz.org.nz/reinz/index.cfm?80B3875D-959D-2F1D-48B4-BC1152088CE3
- Complain to the Real Estate Institute of New Zealand.

These links are helpful but of course the best thing you can do is do your own research before you invest that hard earned money.


Recent Share Investor Reading

Long vs Short: Fisher & Paykel Healthcare
Housekeeping: Google Translate


Related Amazon Reading

Madoff: Corruption, Deceit, and the Making of the World's Most Notorious Ponzi Scheme
Madoff: Corruption, Deceit, and the Making of the World's Most Notorious Ponzi Scheme by Peter Sander
Buy new: $10.17


c Share Investor 2009

Sunday, February 1, 2009

Winston's Big Black shame

So Winston Peters has been milking the taxpayer to the last minute over his ministerial self-drive car, so what else is new, he has been stealing from the taxpayer for his whole political career.


...it was proving a rather useful shopping trolley for his partner. Jan Trotman, with whom he lives in Auckland, used the Ford Territory to get to coffee dates and the post shop... NZ Herald

In 2008 he got away with numerous thefts, misappropriations, bribes and payola scandals related to just the last 5 years or so.

He is still to pay back $158,000.00 stolen from the taxpayer to fight the 2005 election.

At least he is consistent.

Pass the banana.


c Political Animal 2009

Long vs Short: Fisher & Paykel Healthcare

http://chart.bigcharts.com/custom/fairfax-com-nz/chart.asp?rnd=0.3338466193181723&style=2242&symb=FPH&size=1&type=64&time=10yr&freq=1dy&comp=&compidx=NZ50G%7E1392984&ma=&maval=&lf=&lf2=&lf3=&uf=16384&arrowdates=&arrowlegend=&country=NZ&sid=162937


In this forth installment of the Long vs Short series I am once again going to take look at the chart comparisons for a stock from the Share Investor Portfolio and compare the 10 year return (above) to the turmoil of the last year with a 1 year return chart (large chart at bottom of post).

In this series I want to show the merits of investing, using charts, for the long-term vs short term gains or losses. I will use the longest available data to me for the long-term view (10 years )and will make a comparison against the NZX50.

In the forth of this segment of Long vs Short I will take a look at Fisher & Paykel Healthcare [FPH.NZ]

I have held 2000 Fisher and Paykel Healthcare shares since May 2007 and have added more since then to take the total to 5000 (see small chart below for detail)

My Portfolio
About
Symbol
Price
Value
Earned
$3.38
$16900
$3550
You own 5000 [FPH.NZ] shares
purchased at $2.67 [$13350]














My total return after 18 months or so is just over 26%. That is after dividends and tax credits are added and brokerage applied.

Very good considering current market conditions.

If I had held this stock for a full ten years (see large chart at top) my return would have been over 210%.

By comparison if I had held the stock for just one year (see large chart below) my return would have been a loss of 35%.

This is in spite of the stock being a relatively good performer this year.

No stock in this series, yet, has proven to be a loser over the longer 10 year period and Fisher & Paykel Healthcare is no exception.



http://chart.bigcharts.com/custom/fairfax-com-nz/chart.asp?rnd=0.3338466193181723&style=2242&symb=FPH&size=1&type=64&time=1yr&freq=1dy&comp=&compidx=NZ50G%7E1392984&ma=&maval=&lf=&lf2=&lf3=&uf=16384&arrowdates=&arrowlegend=&country=NZ&sid=162937



Long vs Short series

Mainfreight Ltd
The Warehouse Group
Sky City Entertainment


Fisher & Paykel Healthcare @ Share Investor

Why did you buy that stock? [Fisher & Paykel Healthcare]
Drinking and Trading
Big Fisher & Paykel Healthcare share trades a curious tale
Share Investor's 2008 stock picks
Fisher & Paykel: A tale of two companies
FPH downgrade masks good performance

Related Links

Fisher & Paykel Healthcare financial data


Related Amazon Reading

Using Technical Analysis: A Step-by-Step Guide to Understanding and Applying Stock Market Charting Techniques, Revised Edition
Using Technical Analysis: A Step-by-Step Guide to Understanding and Applying Stock Market Charting Techniques, Revised Edition by Clifford Pistolese
Buy new: $26.97 / Used from: $1.99
Usually ships in 24 hours

The Business of Healthcare Innovation
The Business of Healthcare Innovation
Buy new: $36.00 / Used from: $22.50
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c Share Investor 2009

Housekeeping: Google Translate

Aktie Investor


Visitors to the Share Investor Blog who don't read English can pour over my pearls of wisdom by using Google Translate so that they can read my blog in their native language.

One recent example from a reader is a Fisher & Paykel Healthcare story translated into German:

Angesichts habe ich meine eigene Beratung gestern, um zu meiner eigenen Bestände ich schon, wenn sie wurden geschlagen, die in Preis Ich dachte, ich möchte hinzufügen, Fisher & Paykel Healthcare [FPH.NZ] auf diese neueste in einer Reihe von Warum haben Sie sich kaufen, dass Lager? Ich bin besonders bullish zu diesem Lager aus einer Reihe von Gründen.

Chinese readers of mine can read a translated version of this blog's latest post here.

From Arabic to Vietnamese, your language will be there.


Related Links

Google Translate


Related Amazon Reading

Planet Google: One Company's Audacious Plan To Organize Everything We Know
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c Share Investor 2009