Why a dollar in the hand is worth more. The recent attempt by Bernard Whimp to buy shares in half a dozen companies cheaply — and the Securities Commission’s response to it — is a good illustration of how a dollar now is worth more than a dollar later.
Q&As: Should it take a bank three weeks to cut its mortgage rates?; Just how great was one family’s “Great Mistake of 2009”?; Reader tells Mary off for forgetting about the expenses of selling a house; How couple should invest as they approach retirement.
Q&As: A reader clearly doesn’t like the idea of renting instead of home ownership; How risky are mortgages, and who owns a home with a mortgage — you or the bank?; Share portfolio in some ways better than rental property in retirement.
Q&As: Should couple sell their house, and buy again later?; The high price of not organising your automatic payments well; When you should and shouldn’t repay your student loan quickly — and future prospects; 2 Q&As on what happens to KiwiSavers when they retire.