Q&As: Dad misunderstands how best to contribute to children’s KiwiSaver accounts; KiwiSaver, 24, wonders whether to aim at first home or retirement money; How we blew our chance to adjust taxes for inflation; Further thoughts on inflation and the capital gains tax; Suggestion to ‘Caravan woman’ that she sells at least one rental property.
Q&As: Why term deposit returns now beat old returns above 10%; Is it OK if an employer makes employees pay their own KiwiSaver employer contributions?; Is it better to pay down the mortgage fast or be in KiwiSaver?; Might a fees-only financial adviser still accept commissions?
Investment risks — Part 3: Looking over your shoulder or overseas, or overlooking inflation. In a four-part series, Mary talks about the risks described in the newly updated “Upside, Downside — a guide to risk for savers and investors”. (Download it here). In this session: Buying investments that are hard — or expensive — to get out of; Expecting past performance to continue; Listening to old-timers; Forgetting about inflation; Taking foreign exchange risk — or not taking it when you should; Responding to ads or offers made in phone calls, seminars or courses.
Q&As: Reader suggests an economist could explain unfair tax on term deposits and property investment; …And the economist does so; Shares work well for retiree; 3 ways another retiree could cut expenses; How to reduce the cost of a funeral; Debt-dodging daughter should attend a course.
Q&As: Reader says column includes too much on KiwiSaver — which won’t work well anyway. Also, new ‘tool’ duds retirees; Is employer’s way of getting employees to basically pay their own KiwiSaver employer contributions legit?…; …Might such practices be outlawed? And how are political parties proposing to change KiwiSaver?; Family Budgeting Services could be a big help to a couple.