Why a reader advises his son against KiwiSaver… …and why I disagree. A reader’s letter explaining why he’s advising his 18-year-old son not to join KiwiSaver has not convinced me.
Slow and steady not always the way to win. Slow and steady isn’t always best when it comes to regular investing. We’ll look at making annual investments, to keep it simple. But the same principle applies to contributing to KiwiSaver or other investments in which you make more frequent deposits of the same amount.
How to join the new debt cutting trend. We’re all living through three “great transitions”, said the keynote speaker at a recent conference. One transition is from West to East — with the growing emphasis on China and India, another is from analog to digital, and the third is from debt to saving. Let’s look more at that third transition.
A year of change for KiwiSavers — and would-be joiners. We’re in for a mixed year with KiwiSaver. Contributions from the government and employers will decrease. Still, there’s a good reason for employees who haven’t yet joined the scheme to get in now. Meanwhile, some over-65s will become eligible — for the first time — to withdraw money in retirement.
Columnist is wrong — mortgage repayment is well worth it. Contrarian investing — when you put your money into investments that most people are getting out of — sometimes works well. Such investments are usually cheap. But should we extend that to borrowing when most others are repaying debt?