How would you have done in financial knowledge survey? It’s question time. How would you have answered the following in a recent survey: “Which is generally considered to make you the most money over the next 15 to 20 years: a savings account, range of shares, range of fixed interest investments, or a cheque account?”
Q&As: Tips for retired couple whose interest income has halved; Savings accounts may pay more interest than term deposits — but take care; Tax on foreign shares seems tough in current environment.
Q&As: PIES have many more pros than cons, with tax breaks and, in some cases, a government guarantee; Single parent with three rentals might want to sell one — but not for the reason she suggests. Plus: readers’ views on KiwiSaver.