Mary Holm https://maryholm.com NZ's most trusted personal finance journalist Sat, 30 May 2020 05:26:14 +0000 en-NZ hourly 1 https://wordpress.org/?v=5.2.6 Webinar: Thinking Clearly about Investing in a Crisis https://maryholm.com/webinar-thinking-clearly-about-investing-in-a-crisis/ Fri, 29 May 2020 12:01:59 +0000 https://maryholm.com/?p=10117 On Thursday June 4 at 4 p.m. Barry Coates, founder and CEO of ethical investment charity Mindful Money, will be talking with Mary. They’ll be discussing how to manage investments during the COVID crisis, with a focus on the options for investing ethically. Come with your questions, comments and ideas. You can join in via Facebook Live or Zoom Meeting. To reserve your place...

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NZ Herald 30 May 2020 https://maryholm.com/nz-herald-30-may-2020/ Fri, 29 May 2020 12:00:37 +0000 https://maryholm.com/?p=10139 Where to put your money if you’ve lost faith in all financial assets Why being in a balanced fund isn’t always equal to being in both low- and high-risk funds Suggestion for last week’s couple unable to buy a home because of his parents’ mortgage Tax on PIEs and uneven tax burden How to make use of new info on KiwiSaver statements QI am 68 and my wife, 66, and we have recently retired.

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NZ Herald 23 May 2020 https://maryholm.com/nz-herald-23-may-2020/ Fri, 22 May 2020 12:00:29 +0000 https://maryholm.com/?p=10105 Help abounds for young man who helped parents get a mortgage My tax info not good enough for accountant How to tell how strong your bank is Can you be in more than one Simplicity fund? House buying plan depends on two impossible forecasts Put most of savings into house deposit Young man loses house deposit in receivership Divorced woman, 59, should put most money into new home QSouth Auckland has...

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RNZ Radio 21 May 2020 https://maryholm.com/rnz-radio-21-may-2020/ Thu, 21 May 2020 03:15:51 +0000 https://maryholm.com/?p=10103 You’ll be told your expected savings at 65 (inflation adjusted) Also how much you will be able to spend per week until age 90 (inflation adjusted) (But you won’t get this if you’re new to that provider, under 18 or over 65) How these numbers are calculated What if you don’t fit the assumptions, eg you plan to retire before or after 65? What to do if your numbers are worryingly low Listen to the...

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NZ Herald 16 May 2020 https://maryholm.com/nz-herald-16-may-2020/ Fri, 15 May 2020 12:00:09 +0000 https://maryholm.com/?p=10061 Am I helping the big guys at the expense of small investors? Why you might want to be in more than one of your provider’s KiwiSaver funds Tax on KiwiSaver and other funds is gentle Limit buys can work well when buying shares Investing versus paying down mortgage in low-rate environment … … and taking diversification into account Be in KiwiSaver as well as making extra mortgage payments Take...

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Money Talk May 2020 https://maryholm.com/money-talk-may-2020/ Fri, 15 May 2020 02:10:57 +0000 https://maryholm.com/?p=10099 If you give a child $50 a month from birth, and the investment earns 3% a year, it will grow to more than $14,000 by the time they’re 18. At 6% it will be more than $19,000. “I am about to become a grandparent, and I wish to set aside a sum of money to invest to help with the child’s future education,” says Glenys. Meanwhile, Heather says, “I have no children, but I have two nieces...

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NZ Herald 9 May 2020 https://maryholm.com/nz-herald-9-may-2020/ Fri, 08 May 2020 12:00:37 +0000 https://maryholm.com/?p=10049 Who’s right about fund choice — husband or wife or neither? Which bank products are subject to haircut if bank fails? What about government bonds, Bonus Bonds and safe deposit boxes? Halt to dividend payments should strengthen banks ETF tax problem no big deal It’s great to continue contributions to KiwiSaver and other funds in down markets Don’t assume gloom will continue — and a look at past...

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RNZ Radio 7 May 2020 https://maryholm.com/rnz-radio-7-may-2020/ Thu, 07 May 2020 03:15:07 +0000 https://maryholm.com/?p=10045 Listener points out that I warned of share plunge a week before At least people have learnt from what’s happened Renewed interest in share investing Don’t believe market forecasters Listen to the segment below, or click here to read Radio NZ’s summary. You can listen to these sessions as podcasts. Subscribe free to Mary’s RNZ podcast here. No paywalls or ads — just generous people like you.

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NZ Herald 2 May 2020 https://maryholm.com/nz-herald-2-may-2020/ Fri, 01 May 2020 12:00:57 +0000 https://maryholm.com/?p=10030 One less worry: KiwiSaver as an inheritance Keep an eye on what’s in your will Challenging Westpac over help for KiwiSaver investor What happens when KiwiSaver account is empty Which is safer, bank deposit or low-risk fund? Don’t panic about security of banks Ignore past returns when choosing KiwiSaver provider — so how should you choose? Message to mothers QI am wondering what could happen to my...

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NZ Herald 25 April 2020 https://maryholm.com/nz-herald-25-april-2020/ Fri, 24 Apr 2020 12:00:09 +0000 https://maryholm.com/?p=10023 Reader regrets panic move out of KiwiSaver — and how to follow share trends Many more people are buying shares Should self-employed use up savings before asking for government help? Index funds not at a disadvantage in market downturn How can index funds beat the market? Which index for an index fund? Any time is fine for switching KiwiSaver provider QI’m guilty of a panic decision...

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