Mary Holm https://maryholm.com NZ's most trusted personal finance journalist Tue, 22 Dec 2020 02:16:40 +0000 en-NZ hourly 1 https://wordpress.org/?v=5.2.9 NZ Herald 19 December 2020 https://maryholm.com/nz-herald-19-december-2020/ Fri, 18 Dec 2020 11:00:48 +0000 https://maryholm.com/?p=10474 Reader near 60 struggles to get mortgage… …Could she buy house with another reader? Southern Cross doesn’t cover some cancer drugs Happy with health insurance Many thanks, and Happy Christmas, to the readers who have financially supported this column and website this year. I really appreciate it! It would be wonderful if other regular readers would do this too — to help keep the...

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RNZ Radio 17 December 2020 https://maryholm.com/rnz-radio-17-december-2020/ Thu, 17 Dec 2020 02:15:47 +0000 https://maryholm.com/?p=10472 First homebuyers and investors in rental property Market has gone mad! Prices and sales Last time sales were high — then what happened? First home buyers: wait and keep saving, or buy and don’t worry Investors: No high return with low risk. Do worst case scenario Listen to the segment below, or click here to read Radio NZ’s summary. You can listen to these sessions as podcasts.

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NZ Herald 12 December 2020 https://maryholm.com/nz-herald-12-december-2020/ Fri, 11 Dec 2020 11:00:12 +0000 https://maryholm.com/?p=10470 Young couple should maybe take a rest from house hunting Which mortgage term? Split it Reader argues for concentrating on energy shares, but I disagree Why Boomers have had bad luck with Southern Cross Online game aims to help children learn about money QI am a 24-year-old millennial and have a partner who is 26, and we both live in Auckland. We are both low-medium income earners (me at $52...

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NZ Herald 5 December 2020 https://maryholm.com/nz-herald-5-december-2020/ Fri, 04 Dec 2020 11:00:32 +0000 https://maryholm.com/?p=10467 Diversification — the only free lunch Drop health insurance and self-insure? It’s risky Increasing insurance excess slashes bill Leave GST alone, says reader Meaningful Christmas gifts ‘Please don’t stop giving’ QI have got shares for Mighty River and Meridian. I got them on IPO years ago. And they both are doing very well, from an initial $6,000 to now $38,000. I understand the importance of...

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RNZ Radio 3 December 2020 https://maryholm.com/rnz-radio-3-december-2020/ Thu, 03 Dec 2020 02:20:56 +0000 https://maryholm.com/?p=10465 Survey — NZers value time with family way ahead of giving and getting gifts Ideas to cut cost of gifts Donate to charity in the name of family member Thoughts about Christmas food, drinks and decorations I wrote article on this — on RNZ website from December 18 Listen to the segment below, or click here to read Radio NZ’s summary. You can listen to these sessions as podcasts.

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NZ Herald 28 November 2020 https://maryholm.com/nz-herald-28-november-2020/ Fri, 27 Nov 2020 11:00:51 +0000 https://maryholm.com/?p=10460 Take care with “kids in chocolate shop” attitude to shares! Many exempt from proposed NZ Super residency rules Why Southern Cross doesn’t give long-term membership discount Don’t like Southern Cross? Go elsewhere QI am 68 and retired. I have about $200,000 in term deposits (I know, the returns are abysmal, but I am scared of losing any of it, as it is savings from the hard-earned income from my...

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NZ Herald 21 November 2020 https://maryholm.com/nz-herald-21-november-2020/ Fri, 20 Nov 2020 11:00:59 +0000 https://maryholm.com/?p=10419 Early retirees should think about how that affects their children FIRE fan shares his savings numbers Exchange traded funds should have been included last week Reader’s time overseas won’t affect his NZ Super Enticing young into subsidising elderlies’ health insurance won’t work … … But maybe a GST change could help Accountant’s comment to tax complainers QJust a comment regarding people who love...

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RNZ Radio 19 November 2020 https://maryholm.com/rnz-radio-19-november-2020/ Thu, 19 Nov 2020 02:13:54 +0000 https://maryholm.com/?p=10423 Follow-up on last time’s financial knowledge quiz — angry comments about women Survey on money and relationship problems Worse for the young, and worse for low and high income than for middle incomes Conflict more likely if … overspending etc. What to do about it Listen to the segment below, or click here to read Radio NZ’s summary. You can listen to these sessions as podcasts.

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NZ Herald 14 November 2020 https://maryholm.com/nz-herald-14-november-2020/ Fri, 13 Nov 2020 11:00:15 +0000 https://maryholm.com/?p=10416 FIRE movement lets you retire many years earlier Keep up basic health insurance in retirement, despite cost Rental or shares could save woman from reliance on the state Sorry, but overseas relative can’t get KiwiSaver government contribution QI’d like to draw your readers’ attention to the FIRE — financial independence, retire early — movement and its advantages, with a quick story of how it...

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NZ Herald 7 November 2020 https://maryholm.com/nz-herald-7-november-2020/ Fri, 06 Nov 2020 11:00:49 +0000 https://maryholm.com/?p=10409 Ignore hot tip about market downturn — unless it scares you Switching from term deposits to KiwiSaver in retirement is not without risk “Millionaire-making” companies on warnings list Weighing up mortgage offerings is tricky Covid-19 aside, bank communicated poorly QI received a supposed “hot tip” yesterday from a person who claims that — probably between now and Christmas and heavily...

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