Q&As: Three Q&As about KiwiSaver: Reimbursement of employer contributions; is daughter overseas eligible?; When is mortgage diversion helpful?; Where can you get the information that was in the three Herald supplements about KiwiSaver? …And: Rental property running costs mount up over the years.
KiwiSaver: Be in to win. Ever since the government announced its added incentives to KiwiSaver last month, everyone is talking about the retirement savings scheme. And well they might. While I still have reservations about the distortion of savings decisions, and while many employers are angry at being forced to contribute, practically all individuals will be better in than out.
Q&As: A big fan of property investing scares me with his lack of knowledge; I’m accused of hypocrisy and bias; In praise of boring old index funds and learning about them. Plus: KiwiSaver: Will the kick-start be around for a while? What happens when an employee gets a lump sum? A clarification about access to the money in bankruptcy.
Riding to the rescue of diversification. Diversification — a key element to successful investing for most people — has taken a bashing in the press lately. Even David McEwen, who writes this column alternately with me, quoted criticism of diversification on this page a few weeks ago. I feel bound to leap in and defend it.