Monday, November 28, 2011

2011 Election result a big mandate for welfare reform

The overwhelming win for John Key in the 2011 Election and the decimation of the vote for the Labour Party is a clear mandate for the party to follow through with their pre-election policies.


Asset sales, education and government department reform, just to name a few, should be just the start.

Perhaps the biggest mandate was for welfare reform as minister for welfare Paula Bennett was returned with a higher margin than in 2008.

In that seat she had competition from Carmel Sepeloni and the Labour Party's old ideas about extending welfare while National's policy of reforming welfare was given the big tick with Bennett's return.

This is an important overall as our welfare system is clearly unsustainable, especially at this time of economic uncertainty and need for fiscal restraint.

The National election win means the country can begin this reform and begin to turn around the problems that welfare has caused; crime, unemployment, child abuse and death and generations of people who have become dependent on the State (State = taxpayer of course).

The new Government has been given a mandate for reform of the Welfare State and if done correctly could be a turning point in a country saturated by dependence. A turning point that will turn dependence and hopelessness into independence and dare I say it a brighter future.

As the Labour Government of the 1930s introduced the welfare state and set this country on a downward slide to the present day, National has a chance to reverse the notion that your neighbour owes you a living and can pick your pockets at will, to an ingrained obligation that we are all responsible for ourselves and welfare should be in the hands of individuals and families and not the heavy hand of a failed state apparatus.

National have the mandate but do they have the will to put a line in the sand and turn this country into a truly great nation where its citizens look to themselves for inspiration instead of the State (again see your fellow taxpayer) and the next welfare check?

I will watch with much interest.

Every Bastard Says No: The 42 Below Story

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C c c Darren Rickard 2011




Sunday, November 27, 2011

2011 New Zealand Election Results

Election Results -- Overall Status

Polling Places Counted:6,310 of 6,310 (100.0%)
Total Votes Counted:2,014,334
Special Votes: 220,720
Less than 6 votes taken in Polling Places: 1,222
PartyParty
Votes
%
Votes
Electorate
Seats
List
Seats
Total
Seats
National Party957,769 47.99411960
Labour Party541,499 27.13221234
Green Party211,931 10.6201313
New Zealand First Party135,865 6.81088
Māori Party26,887 1.35303
ACT New Zealand21,446 1.07101
Mana19,898 1.00101
United Future12,159 0.61101
Conservative Party55,070 2.76000
Aotearoa Legalise Cannabis Party9,516 0.48000
Democrats for Social Credit1,432 0.07000
Libertarianz1,405 0.07000
Alliance1,069 0.05000
6952121



Election Results -- Electorate Status

Electorate names in GREEN have Final results. Electorate names in ORANGE are still being counted. Click on electorate for details.
ElectorateResultLeading Candidate2nd PlaceMargin
Auckland Central100.0%KAYE, Nikki (NAT)ARDERN, Jacinda (LAB)535
Bay of Plenty100.0%RYALL, Tony (NAT)DEVOY-HEENA, Carol (LAB)16,720
Botany100.0%ROSS, Jami-Lee (NAT)WU, Chao-Fu (LAB)10,054
Christchurch Central100.0%BURNS, Brendon (LAB)WAGNER, Nicky (NAT)0
Christchurch East100.0%DALZIEL, Lianne (LAB)GILMORE, Aaron (NAT)4,954
Clutha-Southland100.0%ENGLISH, Bill (NAT)LOO, Tat (LAB)14,915
Coromandel100.0%SIMPSON, Scott (NAT)KININMONTH, Hugh (LAB)11,800
Dunedin North100.0%CLARK, David (LAB)WOODHOUSE, Michael (NAT)3,304
Dunedin South100.0%CURRAN, Clare (LAB)HAYES, Joanne (NAT)3,867
East Coast100.0%TOLLEY, Anne (NAT)MACKEY, Moana (LAB)4,487
East Coast Bays100.0%McCULLY, Murray (NAT)GOLDSMITH, Vivienne (LAB)13,479
Epsom100.0%BANKS, John (ACT)GOLDSMITH, Paul (NAT)2,485
Hamilton East100.0%BENNETT, David (NAT)ORGAD, Sehai (LAB)7,708
Hamilton West100.0%MACINDOE, Tim (NAT)MORONEY, Sue (LAB)4,059
Helensville100.0%KEY, John (NAT)GREENBROOK-HELD, Piers Jeremy (LAB)19,116
Hunua100.0%HUTCHISON, Paul (NAT)HILLS, Richard (LAB)15,514
Hutt South100.0%MALLARD, Trevor (LAB)QUINN, Paul (NAT)4,193
Ilam100.0%BROWNLEE, Gerry (NAT)PARSONS, John (LAB)11,935
Invercargill100.0%ROY, Eric (NAT)SOPER, Lesley (LAB)5,766
Kaikōura100.0%KING, Colin (NAT)COLLYNS, Liz (LAB)10,534
Mana100.0%FAAFOI, Kris (LAB)PARATA, Hekia (NAT)1,857
Māngere100.0%SIO, Sua William (LAB)HAUITI, Claudette (NAT)13,356
Manukau East100.0%ROBERTSON, Ross (LAB)BAKSHI, Kanwaljit Singh (NAT)13,850
Manurewa100.0%WALL, Louisa (LAB)CALDER, Cam (NAT)7,230
Maungakiekie100.0%LOTU-IIGA, Peseta Sam (NAT)BEAUMONT, Carol (LAB)2,787
Mt Albert100.0%SHEARER, David (LAB)LEE, Melissa (NAT)9,055
Mt Roskill100.0%GOFF, Phil (LAB)BLUE, Jackie (NAT)6,383
Napier100.0%TREMAIN, Chris (NAT)NASH, Stuart (LAB)3,382
Nelson100.0%SMITH, Nick (NAT)STREET, Maryan (LAB)6,663
New Lynn100.0%CUNLIFFE, David (LAB)GROSER, Tim (NAT)4,475
New Plymouth100.0%YOUNG, Jonathan (NAT)LITTLE, Andrew (LAB)4,130
North Shore100.0%BARRY, Maggie (NAT)CLARK, Ben (LAB)13,739
Northcote100.0%COLEMAN, Jonathan (NAT)GILLON, Paula (LAB)8,535
Northland100.0%SABIN, Mike (NAT)STEWART, Lynette (LAB)10,655
Ōhariu100.0%DUNNE, Peter (UFNZ)CHAUVEL, Charles (LAB)1,646
Ōtaki100.0%GUY, Nathan (NAT)FOSTER, Peter (LAB)5,099
Pakuranga100.0%WILLIAMSON, Maurice (NAT)KAUSHAL, Sunny (LAB)12,879
Palmerston North100.0%LEES-GALLOWAY, Iain (LAB)HAPETA, Leonie (NAT)3,001
Papakura100.0%COLLINS, Judith (NAT)MIKA, Jerome (LAB)9,339
Port Hills100.0%DYSON, Ruth (LAB)CARTER, David (NAT)2,925
Rangitata100.0%GOODHEW, Jo (NAT)BLANCHARD, Julian (LAB)6,006
Rangitīkei100.0%McKELVIE, Ian (NAT)PAGANI, Josie (LAB)8,741
Rimutaka100.0%HIPKINS, Chris (LAB)FLETCHER, Jonathan (NAT)3,126
Rodney100.0%MITCHELL, Mark (NAT)CRAIG, Colin (CNSP)11,011
Rongotai100.0%KING, Annette (LAB)FINLAYSON, Christopher (NAT)8,022
Rotorua100.0%McCLAY, Todd (NAT)CHADWICK, Steve (Stephanie) (LAB)6,867
Selwyn100.0%ADAMS, Amy (NAT)McLEAN, Jo (LAB)17,708
Tāmaki100.0%O'CONNOR, Simon (NAT)BAKULICH, Nick Iusitini (LAB)16,257
Taranaki-King Country100.0%ARDERN, Shane (NAT)BARKER, Rick (LAB)14,093
Taupō100.0%UPSTON, Louise (NAT)CAMPBELL, Frances (LAB)13,049
Tauranga100.0%BRIDGES, Simon (NAT)HORAN, Brendan (NZF)15,812
Te Atatū100.0%TWYFORD, Phil (LAB)HENARE, Tau (NAT)4,653
Tukituki100.0%FOSS, Craig (NAT)HAYDON-CARR, Julia (LAB)9,032
Waikato100.0%TISCH, Lindsay (NAT)SUTTON, Kate (LAB)12,965
Waimakariri100.0%WILKINSON, Kate (NAT)COSGROVE, Clayton (LAB)395
Wairarapa100.0%HAYES, John (NAT)BOTT, Michael (LAB)6,695
Waitakere100.0%BENNETT, Paula (NAT)SEPULONI, Carmel (LAB)349
Waitaki100.0%DEAN, Jacqui (NAT)MONKS, Barry (LAB)12,963
Wellington Central100.0%ROBERTSON, Grant (LAB)FOSTER-BELL, Paul (NAT)5,111
West Coast-Tasman100.0%O'CONNOR, Damien (LAB)AUCHINVOLE, Chris (NAT)2,287
Whanganui100.0%BORROWS, Chester (NAT)McDOUALL, Hamish (LAB)4,786
Whangarei100.0%HEATLEY, Phil (NAT)NEWMAN, Pat (LAB)11,674
Wigram100.0%WOODS, Megan (LAB)COLLINS, Sam (NAT)1,533
Hauraki-Waikato100.0%MAHUTA, Nanaia (LAB)GREENSILL, Angeline (MANA)5,373
Ikaroa-Rāwhiti100.0%HOROMIA, Parekura (LAB)RAIHANIA, Na (MAOR)5,924
Tāmaki Makaurau100.0%SHARPLES, Pita (MAOR)JONES, Shane (LAB)746
Te Tai Hauāuru100.0%TURIA, Tariana (MAOR)PEKE-MASON, Soraya Waiata (LAB)2,760
Te Tai Tokerau100.0%HARAWIRA, Hone Pani Tamati Waka Nene (MANA)DAVIS, Kelvin (LAB)874
Te Tai Tonga100.0%TIRIKATENE, Rino (LAB)KĀTENE, Rāhui (MAOR)1,445
Waiariki100.0%FLAVELL, Te Ururoa James (MAOR)SYKES, Annette Te Imaima (MANA)1,820

Every Bastard Says No: The 42 Below Story

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C c c Darren Rickard 2011




Friday, November 25, 2011

Share Investor Portfolio: Value @ 18 November 2011

The Share Investor Portfolio was down over the last week. In the third week of November the portfolio was moderately down, by 0.09% or $325.02 on the November 11 update .

Small falls and rises across the board contributed to this weeks result and the 2012 HY profit for FPH added $270.00 in dividends to the portfolio.

For the first 45 weeks of 2011 the portfolio has increased by 9.13% or $22685.84.

The total of unspent dividends and interest in the bank as at 26 Nov 2011 from the 2010 - 2011 earnings years is $32,398.33 at close of reporting season for 2010 and near the end of the 2011 2nd half reporting year. There are also approx $60000.00 in tax credits earned from the portfolio since it began in late 2002.

The Share Investor Portfolio has increased in value by 14.69% or $38824.30 since I began tracking it for this blog on October 11 2010

Track the Share Investor Portfolio 2.

Share Investor Portfolio as at 17:30:00, Friday 18 November, 2011 (NZDT)

Stock
Quantity
Cost price
Total cost
Market price
Market value
Change
%
AIA

2,000 $1.700 $3,400.00 $2.315 $4,630.00 $1,230.00 36.18%
AIA

2,000 $1.510 $3,020.00 $2.315 $4,630.00 $1,610.00 53.31%
AIA

674 $0.000 $0.00 $2.315 $1,560.31 $1,560.31
AIA

638 $2.150 $1,371.70 $2.315 $1,476.97 $105.27 7.67%
ASBPB

3,177 $0.000 $0.00 $0.651 $2,068.23 $2,068.23
ASBPB

6,823 $1.000 $6,823.00 $0.651 $4,441.77 $2,381.23 34.90%
BGR

725 $0.000 $0.00 $1.400 $1,015.00 $1,015.00
BGR

2,275 $0.990 $2,252.25 $1.400 $3,185.00 $932.75 41.41%
FBU

303 $0.000 $0.00 $6.080 $1,842.24 $1,842.24
FBU

811 $9.750 $7,907.25 $6.080 $4,930.88 $2,976.37 37.64%
FPH

3,000 $2.350 $7,050.00 $2.400 $7,200.00 $150.00 2.13%
FPH

1,365 $3.720 $5,077.80 $2.400 $3,276.00 $1,801.80 35.48%
FPH

635 $0.000 $0.00 $2.400 $1,524.00 $1,524.00
FRE

6,405 $3.630 $23,250.15 $3.380 $21,648.90 $1,601.25 6.89%
FRE

2,226 $0.000 $0.00 $3.380 $7,523.88 $7,523.88
GFF

607 $0.000 $0.00 $0.700 $424.90 $424.90
GFF

1,393 $2.330 $3,245.69 $0.700 $975.10 $2,270.59 69.96%
HLG

366 $0.000 $0.00 $3.860 $1,412.76 $1,412.76
HLG

634 $2.530 $1,604.02 $3.860 $2,447.24 $843.22 52.57%
KIP

740 $1.480 $1,095.20 $1.045 $773.30 $321.90 29.39%
KIP

214 $0.000 $0.00 $1.045 $223.63 $223.63
MFT

1,000 $7.960 $7,960.00 $10.350 $10,350.00 $2,390.00 30.03%
MFT

1,838 $8.000 $14,704.00 $10.350 $19,023.30 $4,319.30 29.38%
MFT

929 $0.000 $0.00 $10.350 $9,615.15 $9,615.15
MFT

1,233 $4.200 $5,178.60 $10.350 $12,761.55 $7,582.95 146.43%
MHI

1,646 $0.860 $1,415.56 $0.900 $1,481.40 $65.84 4.65%
MHI

7,000 $0.630 $4,410.00 $0.900 $6,300.00 $1,890.00 42.86%
MHI

209 $1.050 $219.45 $0.900 $188.10 $31.35 14.29%
MHI

1,145 $0.000 $0.00 $0.900 $1,030.50 $1,030.50
PPG

1,004 $0.800 $803.20 $0.250 $251.00 $552.20 68.75%
PPG

1,443 $0.440 $634.92 $0.250 $360.75 $274.17 43.18%
PPG

88 $0.000 $0.00 $0.250 $22.00 $22.00
PPL

1,000 $3.090 $3,090.00 $0.640 $640.00 $2,450.00 79.29%
PPL

1,000 $2.870 $2,870.00 $0.640 $640.00 $2,230.00 77.70%
PPL

939 $4.200 $3,943.80 $0.640 $600.96 $3,342.84 84.76%
PPL

975 $0.000 $0.00 $0.640 $624.00 $624.00
PPL

1,086 $1.530 $1,661.58 $0.640 $695.04 $966.54 58.17%
RYM

653 $0.000 $0.00 $2.650 $1,730.45 $1,730.45
RYM

4,347 $1.970 $8,563.59 $2.650 $11,519.55 $2,955.96 34.52%
SKC

5,750 $7.430 $42,722.50 $3.470 $19,952.50 $22,770.00 53.30%
SKC

2,750 $7.700 $21,175.00 $3.470 $9,542.50 $11,632.50 54.94%
SKC

1,431 $8.750 $12,521.25 $3.470 $4,965.57 $7,555.68 60.34%
SKC

781 $7.600 $5,935.60 $3.470 $2,710.07 $3,225.53 54.34%
SKC

26,203 $0.000 $0.00 $3.470 $90,924.41 $90,924.41
STU

99 $0.000 $0.00 $2.170 $214.83 $214.83
STU

301 $4.740 $1,426.74 $2.170 $653.17 $773.57 54.22%
WHS

6,979 $6.000 $41,874.00 $3.250 $22,681.75 $19,192.25 45.83%
WHS

3,761 $0.000 $0.00 $3.250 $12,223.25 $12,223.25
WHS

4,260 $3.730 $15,889.80 $3.250 $13,845.00 $2,044.80 12.87%

26.48%


Total cost Market value Change

$263,096.65 $332,756.91 $69,660.26


Share Investor Portfolio @ Share Investor

Share Investor Portfolio: Value @ 11 November 2011
Share Investor Portfolio: Value @ 4 November 2011
Share Investor Portfolio: Value @ 28 October 2011
Share Investor Portfolio: Value @ 21 October 2011
Share Investor Portfolio: Value @ 14 October 2011
Share Investor Portfolio: Value @ 7 October 2011
Share Investor Portfolio: Value @ 30 September 2011
Share Investor Portfolio: Value @ 23 September 2011
Share Investor Portfolio: Value @ 16 September 2011
Share Investor Portfolio: Value @ 9 September 2011
Share Investor Portfolio: Value @ 2 September 2011
Share Investor Portfolio: Value @ 26 August 2011
Share Investor Portfolio: Value @ 19 August 2011
Share Investor Portfolio: Value @ 12 August 2011
Share Investor Portfolio: Value @ 5 August 2011
Share Investor Portfolio: Value @ 29 July 2011
Share Investor Portfolio: Value @ 22 July 2011
Share Investor Portfolio: Value @ 15 July 2011
Share Investor Portfolio: Value @ 8 July 2011
Share Investor Portfolio: Value @ 1 July 2011
Share Investor Portfolio: Value @ 25 June 2011
Share Investor Portfolio: Value @ 17 June 2011
Share Investor Portfolio: Value @ 10 June 2011
Share Investor Portfolio: Value @ 3 June 2011
Share Investor Portfolio: Value @ 27 May 2011
Share Investor Portfolio: Value @ 20 May 2011
Share Investor Portfolio: Value @ 13 May 2011
Share Investor Portfolio: Value @ 6 May 2011
Share Investor Portfolio: Value @ 29 April 2011
Share Investor Portfolio: Value @ 22 April 2011
Share Investor Portfolio: Value @ 15 April 2011
Share Investor Portfolio: Value @ 8 April 2011
Share Investor Portfolio: Value @ 1 April 2011
Share Investor Portfolio: Value @ 14 March 2011
Share Investor Portfolio: Value @ 8 March 2011
Share Investor Portfolio: Value @ 28 February 2011
Share Investor Portfolio: Value @ 21 February 2011
Share Investor Portfolio: Value @ 14 February 2011
Share Investor Portfolio: Value @ 7 February 2011
Share Investor Portfolio: Value @ 31 January 2011
Share Investor Portfolio: Value @ 24 January 2011
Share Investor Portfolio: Value @ 17 January 2011
Share Investor Portfolio: Value @ 10 January 2011
Share Investor Portfolio: Value @ 3 January 2011
Share Investor Portfolio: Value @ 27 December 2010
Share Investor Portfolio: Value @ 20 December 2010
Share Investor Portfolio: Value @ 13 December 2010
Share Investor Portfolio: Value @ 6 December 2010
Share Investor Portfolio: Value @ 29 November 2010
Share Investor Portfolio: Value @ 22 November 2010
Share Investor Portfolio: Value @ 15 November 2010
Share Investor Portfolio: Value @ 8 November 2010
Share Investor Portfolio: Value @ 1 November 2010
Share Investor Portfolio: Value @ 25 October 2010
Share Investor Portfolio: Value @ 18 October 2010
Share Investor Portfolio: Value @ 11 October 2010
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Share Investor Portfolio 2 @ Share Investor

Share Investor Portfolio 2: Value @ 11 November 2011
Share Investor Portfolio 2: Value @ 4 November 2011
Share Investor Portfolio 2: Value @ 28 October 2011
Share Investor Portfolio 2: Value @ 21 October 2011
Share Investor Portfolio 2: Value @ 14 October 2011
Share Investor Portfolio 2: Value @ 7 October 2011
Share Investor Portfolio 2: Value @ 30 September 2011
Share Investor Portfolio 2: Value @ 23 September 2011
Share Investor Portfolio 2: Value @ 16 September 2011
Share Investor Portfolio 2: Value @ 9 September 2011
Share Investor Portfolio 2: Value @ 2 September 2011
Share Investor Portfolio 2: Value @ 26 August 2011
Share Investor Portfolio 2: Value @ 19 August 2011
Share Investor Portfolio 2: Value @ 12 August 2011
Share Investor Portfolio 2: Value @ 5 August 2011
Share Investor Portfolio 2: Value @ 29 July 2011
Share Investor Portfolio 2: Value @ 15 July 2011
Share Investor Portfolio 2: Value @ 14 July 2011
Share Investor Portfolio 2: Value @ 13 July 2011
Share Investor Portfolio 2: Value @ 12 July 2011
Share Investor Portfolio 2: Value @ 11 July 2011
Share Investor Portfolio 2: Value @ 8 July 2011
Share Investor Portfolio 2: Value @ 7 July 2011


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Related Amazon Reading


The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition)
The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) by Benjamin Graham
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Security Analysis: The Classic 1934 Edition
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