Mary Holm https://maryholm.com NZ’s most trusted personal finance journalist Fri, 15 Feb 2019 11:00:34 +0000 en-NZ hourly 1 https://wordpress.org/?v=5.0.3 NZ Herald 16 February 2019 https://maryholm.com/nz-herald-16-february-2019/ Fri, 15 Feb 2019 11:00:34 +0000 https://maryholm.com/?p=9083 Q&As Should readers put inheritance into a rental property? Should another reader keep their rental or seek higher returns? Property versus shares over the last 10 years Couple in late 70s should reconsider shares — and their adviser Reader perhaps overrates paying down mortgage QI have followed your columns for many many years and hope you can help me. I have $400,000 that has been left to me...

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NZ Herald 9 February 2019 https://maryholm.com/nz-herald-9-february-2019/ Fri, 08 Feb 2019 11:00:36 +0000 https://maryholm.com/?p=9070 Q&As Self insure only for the small stuff KiwiSaver not good for rainy day money — but diversification is important Can’t beat mortgage repayment after taking tax into account Mortgage versus KiwiSaver revisited QI read with interest the Healthy Outlook item last week — a stimulating departure from regular topics, especially coming as it does from health professionals! I agree with the...

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RNZ Radio 7 February 2019 https://maryholm.com/rnz-radio-7-february-2019/ Thu, 07 Feb 2019 02:10:43 +0000 https://maryholm.com/?p=9063 Playing with numbers Dollar cost averaging: How it gives you bargains Does it work if you have a lump sum? Rule of 72: How long for an investment to double? If investment has doubled, what was your return? 40 years in KiwiSaver 3 times as much in high-risk fund 1.5 times as much with lowest fees Listen to the segment below, or click here to read Radio NZ’s summary. You can listen to these...

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NZ Herald 2 February 2019 https://maryholm.com/nz-herald-2-february-2019/ Fri, 01 Feb 2019 11:00:17 +0000 https://maryholm.com/?p=9053 Q&As Should first home buyer put KiwiSaver money into the purchase? Should pay rise go into mortgage or KiwiSaver? Is health insurance necessary? Reader misunderstands role of NZX NZ Super rises faster than costs, despite reader’s numbers QI have finally purchased my first piece of real estate — an apartment off the plans, for $870,000, and I move in in March. I have always rented and after...

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NZ Herald 26 January 2019 https://maryholm.com/nz-herald-26-january-2019/ Fri, 25 Jan 2019 11:00:08 +0000 https://maryholm.com/?p=9042 Q&As Market timing is upside down — but reader shouldn’t do it anyway Another reader seeks advice on timing, plus switching KiwiSaver providers Use bond funds, not balanced funds, in retirement Have I followed my own financial advice? QI’m self employed and make regular contributions to my KiwiSaver. My KiwiSaver has been losing money recently, which is fine, am in it for the long haul...

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RNZ Radio 24 January 2019 https://maryholm.com/rnz-radio-24-january-2019/ Thu, 24 Jan 2019 02:15:01 +0000 https://maryholm.com/?p=9040 An important message for everyone in KiwiSaver Mary answers listeners’ questions on: Whether to switch funds when your balance falls Whether to move KiwiSaver money to term deposits in retirement How the self-employed can make the most of KiwiSaver How to tell if your fund is low or high-risk Listen to the segment below, or click here to read Radio NZ’s summary. You can listen to these...

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NZ Herald 22 December 2018 https://maryholm.com/nz-herald-22-december-2018/ Fri, 21 Dec 2018 11:00:00 +0000 https://www.maryholm.nz/nz-herald-22-december-2018/ Q&As KiwiSaver balanced fund investor should relax Wait until 65 not as bad as it seems Real estate fees should be lower — shop around Mum gets more NZ Super, and I sign off for the year QAfter retiring last year, in June this year I moved all of my savings into ASB KiwiSaver. I chose a balanced fund to mitigate risks. I have now lost a considerable sum of money. I put in $666,430, and it&#

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NZ Herald 15 December 2018 https://maryholm.com/nz-herald-15-december-2018/ Fri, 14 Dec 2018 11:00:00 +0000 https://www.maryholm.nz/nz-herald-15-december-2018/ Q&As “Better area” doesn’t necessarily mean it’s a better investment TSB is like Kiwibank on term deposit rules Should superannuitant put inheritance in KiwiSaver to avoid means test? Parents in 70s should quit work and get assistance Advantages of not getting residential care subsidy 55-year-old might as well retire QMy wife and I live in a very nice 182-square-metre...

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RNZ Radio 13 December 2018 https://maryholm.com/rnz-radio-13-december-2018/ Thu, 13 Dec 2018 01:25:00 +0000 https://www.maryholm.nz/rnz-radio-13-december-2018/ Winning questions The best 5 listeners’ questions are answered on air, and the questioners receive a copy of Mary’s new book. Their questions cover: Is house out of reach for couple in their 30s? Ways to get value from your house in retirement Which debt should you pay off first? Couple worry about investing in Auckland apartment How a beneficiary should handle an inheritance Listen to...

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NZ Herald 8 December 2018 https://maryholm.com/nz-herald-8-december-2018/ Fri, 07 Dec 2018 11:00:00 +0000 https://www.maryholm.nz/nz-herald-8-december-2018/ Q&As Penalty acceptable for breaking term deposit, but not month-long wait Another theory on “rule of thumb” More on “government pays” versus “taxpayer pays” Reader’s parents “milked the system” Meaningful Christmas gifts QRecently my Dad and his wife decided to sell their home, downsizing to a smaller home. They make an agreement with a...

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