Invest in NZ assets rather than overseas ones? Is that wise?
– Which is better for you — NZ or international investing?
– Which is better for New Zealand as a whole?
– How to invest internationally
– How to tell if your KiwiSaver fund is mostly NZ assets — not easy
Mixed messages to New Zealanders these days
– Some examples: work from home vs support CBD businesses, Buy NZ goods vs imports
– In more depth: Encouraging you to spend vs setting up your emergency fund
– 2 recent surveys: How big are people’s emergency funds? What are people doing about that?
– The big question: Is it selfish to look after your own finances, rather than helping the economy to recover?
Keep your hands off KiwiSaver in economic downturn!
Commission for Financial Capability survey results. How we could do this better:
– Sidecar emergency savings fund attached to KiwiSaver
– More use of moneytalks.co.nz to access free financial advice and budgeting help
– Build up your own emergency fund
Important new info on KiwiSaver annual statements arriving about now:
– You’ll be told your expected savings at 65 (inflation adjusted)
– Also how much you will be able to spend per week until age 90 (inflation adjusted)
– (But you won’t get this if you’re new to that provider, under 18 or over 65)
– How these numbers are calculated
– What if you don’t fit the assumptions, eg you plan to retire before or after 65?
– What to do if your numbers are worryingly low
What to do in KiwiSaver as share markets wobble:
– Best to do nothing — but learn about yourself and your investing
– What if you need your money soon?
– Listener letter: which shares to buy in this environment? And which to sell?
– Listener letter: Are KiwiSavers treated badly when it comes to moving funds?