RNZ Radio 21 July 2016
KiwiSaver rules, and how to make the most of the scheme: Follow-up on first home help; Rules about joining KiwiSaver; Other rules about KiwiSaver; Getting the most from the scheme.
KiwiSaver rules, and how to make the most of the scheme: Follow-up on first home help; Rules about joining KiwiSaver; Other rules about KiwiSaver; Getting the most from the scheme.
Timing the housing market, and KiwiSaver first home help: The one market where you can’t invest gradually; How to make the decision; How much does it matter?; 2 ways KiwiSaver helps first home buyers.
Brexit and your investments. Mary discusses with Jesse Mulligan what to do with your KiwiSaver and international currencies following the world turmoil caused by the Brexit vote.
Spending too little, spending too much: Shopping is a favourite pastime; People who are too mean on themselves; People who spend too much — why do they do it? — 1. Keeping up with the Joneses, 2. Psychological, 3. Credit card company behaviour; Help for big spenders; Most important of all — Change your habits. PS: Final reminder about KiwiSaver tax credit.
Listeners’ questions on KiwiSaver performance and timing markets: Why average investors do worse than the market as a whole; How to pick a good fund manager; Would it be good to buy recent losers?; Will brokerage prevent drip feeding into shares?; Etc.
KiwiSaver performance, and timing markets: When should we take note of KiwiSaver performance?; What’s happened since KiwiSaver started; Why shares always do best over long periods; Why timing markets doesn’t work; What to do about that.
More on spreading your money around: How to diversify each type of asset; Chances of your account balance falling; Diversifying… around the world; …With mortgages; …Over time.
Two key points about investing: 1. What should you invest in? — How to work out the right assets for you; Taking the easy way out. 2. Why diversify — and how? — Lots of shares, bonds, properties; Spreading over different types of assets.
Different types of investments: The main ones — cash, bonds, property and shares; More about bonds; How to tell how risky a bond is; What about forestry, collectibles etc?; What is a managed fund?