Kapiti Advice
Providing you with expert advice, recommendations, and support to help with your KiwiSaver savings and investment needs.
KiwiSaver
Whether towards home purchase or for retirement planning, we can help you make the most out of your KiwiSaver savings.
Investment
Book your free meeting and we'll take the time to find out about your financial goals and how we can help you achieve them.
Retirement
We can advise you on how to manage your savings as retirement approaches, and to provide an income during retirement.
John Bolsover
At Kapiti Financial Advice Limited we pride ourselves on providing our clients with expert advice, recommendations, and support to help them with their KiwiSaver savings and investment needs.
We are committed to providing excellent service along with informed and reliable advice appropriate for our clients’ needs, so that we can be confident that we have found the right solution for you, our client.
Monthly View
Resilience amid rising interest rates
The broad theme is that rising interest rates have put pressure on bond and share markets in recent weeks. This is providing a challenge for funds across the board:
The US share market has plateaued since early August, with rising bond yields creating headwinds for shares/equities. Nevertheless, the US market has been supported by technology company performance, relatively strong corporate earnings, and resilient economic activity. This is despite the unresolved tensions in the Middle East and concerns that central banks may need to keep interest rates high for longer.
The NZX50 has struggled since the RBNZ increased the OCR at the beginning of September, with the prospect of more increases to come. Higher interest rates and elevated energy costs have created challenges for companies sensitive to borrowing costs, while the weaker New Zealand dollar has provided some support for exporters.
The ASX200 is facing similar pressures from higher borrowing costs, and a softer housing market. Banks, property companies and consumer-related businesses were more exposed to these conditions, while energy companies benefited from elevated oil prices.
Bond yields have increased in recent months due to concerns over the ability of central banks to contain inflation. Higher yields are associated with lower bond prices, making them more attractive both from a price and yield perspective.
Inflation remains a risk, but continued growth, improving corporate earnings and ongoing business investment suggest the broader economic outlook should continue to provide support.
Upcoming elections in the US and New Zealand could contribute to short-term volatility, although it is too early to assess any medium-term implications for investment markets.
The outlook for share markets is supported by good growth in the US and the significant investment in Artificial Intelligence, which is benefiting many sectors including technology and industrial companies. Dampening the outlook is mixed growth outside of the US and sustained high oil prices, which could lead to higher inflation, higher interest rates and lower economic growth.
Bond yields have increased in recent months due to concerns over the ability of central banks to contain inflation. Higher yields are associated with lower bond prices, which has put downward pressure on fund values. However, lower bond prices now make them relatively attractive both from a price and yield perspective.
Sound Financial Advice
John Bolsover at Mortgage Link Kapiti helped my partner and I arrange a mortgage for our first home. This can be a confusing and stressful process, but John made it clear and easy. He pairs extensive financial knowledge with a high degree of integrity and empathy- this made us very comfortable in the decisions we made. It is clear that John is not only a professional in this area, but has a distinct passion for providing sound advice. I would not hesitate to recommend John’s services to others in the situation of buying a first home, or those requiring any form of financial advice. He will certainly be our first choice going forward.
Chris (Kapiti)
I found mortgage link to be very efficent friendly knowledgeable and professional. John was clear when giving advice and made sure we understood what was happening. He communicated really well with us through the whole process, which made the whole ordeal that much easier for us. Highly recommend.
Jade (Kapiti)
I received great professional and friendly service from John Bolsover of Mortgage Link Kapiti when he assisted my wife and I in choosing the most appropriate home loan renewal option when one of our loan accounts were due to roll over last month. John’s insightful recommendations that suited our families current financial situation including various ‘what if’ economic outlook scenarios that may play out within the 8 month – 1 year made the decision a more comfortable task for us, especially in these unprecedented times. All of his recommendations were backed up with clear financial analysis and John always responded immediately to any of our questions at all times, nothing was a problem for him. Above all, John’s integrity, which we always value when seeking professional services of any kind, shone brightly throughout the entire process. Thank you John.
Seta (Wellington)