Q&As: Two readers are unhappy with ASB’s closing of some of its investment funds — with some justification, but only “some”; Another reader gives up on reading this column, claiming I am “inside the tent” with the financial industry.
Ridiculous offers shouldn’t be banned. Two recent press releases had a similar ring to them. Both warned about offers to buy investments at low prices. But there’s a key difference between the two situations.
Q&As: One reader is angry that ASB is closing the trusts he’s invested in, while…; Another reader sees it as a great opportunity to try a new investment strategy with term deposits; I might be a duck or a weasel, but I’m not a financial adviser.
Q&As: KiwiSaver works well for beneficiaries — and there may be a bonus for those who are unwell; Am I a financial adviser? And why it matters to you.
Getting into gear not always wise. The four most hateful words are said to be, “I told you so.” So I’ll put this another way: One of my key messages in seminars, books and columns over the years — that borrowing to invest is more dangerous than many people realise — is easier to “sell” these days than a couple of years ago.
Q&As: Other ways in which gold is risky; The difference between term deposits and bonds; Why is ING’s default KiwiSaver scheme cheaper than the very similar ANZ and National Bank schemes?; Readers offer some udder ideas on what to call Mum and Dad investors.
Q&As: A reader goes on a merry-go-round trying to get information on PIR tax rates for couples; I stick to my ground on gold’s unsuitability as a large investment for most people — despite two readers’ arguments; A good reason not to dig up gold on the conservation estate; More on alternatives to “Mum and Dad investors”, and a call for more creativity.
Generous KiwiSaver first home help applies to many. The first of the KiwiSaver first home withdrawals and subsidies will be paid out shortly. But many people still don’t realise just how good — and how widely available — the KiwiSaver first home help is. It is clearly the best place for any New Zealander to save for a first home.