Q&As: Check credit ratings before investing in finance companies; Reader gets higher term deposit interest by asking; Possible interest rate rise and what to do about your mortgage; How KiwiSaver employee contributions are counted towards tax credit.
Q&As: 60 is not too old to get a mortgage and buy a first home; Buying a home is not the only way to financial security; Don’t overlook tax if buying a rental with the aim of selling at a profit; Want to free up money? Try moving to Tokoroa; Just one bank and one finance company respond to term deposit challenge.
Q&As: Steer clear of foreign exchange trading; Pensioner should also steer clear of finance companies offering high interest; How you can avoid partial assets sales shares in KiwiSaver; Not saying “I told you so” about investing in gold; Buying a home still a good idea for couple in late 40s.
Q&As: Reader wants to pay financial adviser according to performance, but advisers not so keen; Adviser’s reason for putting clients into finance companies is not good enough; RFAs — registered financial advisers — must also operate under stricter rules; Grandma might want to put conditions on financial help for student grandchildren.
Q&As: A reader’s attempt to recover tax on finance company interest is a nice try, but…; Wanting less and working less doesn’t preclude tall poppies; Creative ideas on how to cut household expenses; Did I get the banking system wrong, or did a reader?; At least one bank — sort of — will lend to share investors.
Where did the finance company money go? A reader is trying to get his head around his finance company loss. “I’m wondering if you would please consider writing an article on how investment companies lose their money — actually our money — and what happens to the money,” he writes.