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.
When small is not beautiful. This goes against the grain, given that I think direct shareholders should own a wide range of shares. But there’s such a thing as too small a shareholding.
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.
Q&As: Why 55-year-old Mum shouldn’t give up on home ownership; Important to save a little, even if you have a mortgage, to gain market knowledge over the years; Banks “are just like car dealers”; Will below-market share buyer lose it all in tax?
More reasons to get young into savings accounts. An article I read recently made me more convinced that it’s good to sign up children into savings accounts.
Q&As: Repaying debt should be Number One priority — with one important exception; Money can’t buy the most important things in retirement; Last week’s numbers on NZ Super were incomplete — sorry; Let’s demystify share trading, and share holding; One more advantage of owning shares.
Q&As: Here’s an incentive to save for retirement; Would increasing GST have to hurt those on lower incomes?; Time to count a few blessings; Lengthening the term of a mortgage can ease payments — but at a price; Don’t let tax drive your investment decisions.
So much for the “can’t afford to save” excuse. Practically all New Zealanders can save. If they want to. In the wake of the release of the Savings Working Group (SWG) report on February 1, various people have been saying that many New Zealanders just can’t afford to save. I don’t buy it — or should I say save it.