Q&As:
– Young have too little life insurance; old have too much
– Reader challenges my comments about picking low-fee KiwiSaver fund…
– … While a documentary backs me up
– What about the workers in big Aussie-owned banks?
– Deposit insurance scheme attacked and defended
Plus:
– Money questions? Try this
Q&As:
– Why lower fees for retired KiwiSaver wouldn’t work
– I decline a challenge on market timing
– One reason to use a real estate agent
– How to test if a company is a scam
– Reader “sucked in” more than he realises
Plus:
– Talk on Mistakes Investors Often Make
Are KiwiSaver funds good value for money? If not, what should you do about it?
A listener asks about Financial Markets Authority report on KiwiSaver and other managed funds
– 3 key findings: impact of fees, wrong indexes, commissions paid
– KiwiSaver still worth being in because of government and employer contributions
– But go for low fees
– Funds with high returns often don’t stay good
– Is KiwiSaver best if contributing for grandchildren?
Q&As:
– Financial adviser’s suggested plan is diversificraziness!
– Reader is wise to be cynical about two advisers
– Reasons not to invest in DGL after CEO’s sexist and racist comments
– 2 readers question role of auctions in house price rises
– Tale of a 1980s share club
Plus:
– Talk on Great Barrier Island
Q&As:
– Landlords are not villains
– Rental property tax rule unfair
– His head said rent, but his heart said buy
– How to tell if your KiwiSaver fund holds DGL, or any other investment
– Student share clubs could teach about index funds
– Sexy student investing, and drunken share trading
– FMA relaxed about share clubs
– Bonus Bond story with happy ending
Q&As:
– 20-year-old could perhaps try borrowing to invest in shares
– Reader misunderstands 10-year share rule
– KiwiSaver fund a good idea for great grandson
– How KiwiSaver is taxed, and what happens the year you turn 65
– “But the cheap wine tastes better!”
– Take care with employee share ownership schemes
Q&As:
– Why rentals may not work well in retirement — use KiwiSaver instead
– KiwiSaver fees are falling, but some are still high
– Reader tells of another dynamic “little old lady”
– It’s not easy for everyone to work into their 70s
– Family issues may affect older worker decision
– Last week’s boomer lacked understanding, reader says
Active vs Passive share funds:
– Listener’s letter suggests an active NZ fund beats the index
– Why this could be misleading – wrong index, chosen time period etc
– Research on 15 NZ active share funds
– Conclusion: passive is a better choice
Q&As:
– A lawyer stands his ground with real estate agents
– Agent says I “have it in for” his industry
– House insurance proved its worth for reader
– I stand behind bond funds for retirement money
– Did I give a reader ‘very bad advice’?
Q&As:
– What should siblings under 23 do with inheritance?
– Does this reader still need trauma or life insurance?
– Skip strategies to “get rich” in share market …
– … and maths won’t help you
– Share markets don’t necessarily move with economies
– KiwiSaver when you turn 18 or 65
– Covid government subsidies are taxable