The Investor 7 May 2011
Think before switching your whole mortgage to a floating rate. In a dramatic change over the last couple of years, everyone’s moving to floating-rate mortgages. Is this a good idea?
Think before switching your whole mortgage to a floating rate. In a dramatic change over the last couple of years, everyone’s moving to floating-rate mortgages. Is this a good idea?
Q&As: Bad experience with fund shouldn’t put you off KiwiSaver…; …Nor should low income; Way of getting around high-interest fixed mortgage not without risk.
Q&As: Where does the money go when a finance company fails?; How bank mortgage interest rates are set, and how to compare them; Should a reader switch from a fixed to a floating mortgage?
Q&As: Should it take a bank three weeks to cut its mortgage rates?; Just how great was one family’s “Great Mistake of 2009”?; Reader tells Mary off for forgetting about the expenses of selling a house; How couple should invest as they approach retirement.
Q&As: A reader clearly doesn’t like the idea of renting instead of home ownership; How risky are mortgages, and who owns a home with a mortgage — you or the bank?; Share portfolio in some ways better than rental property in retirement.
Q&As: Why 55-year-old Mum shouldn’t give up on home ownership; Important to save a little, even if you have a mortgage, to gain market knowledge over the years; Banks “are just like car dealers”; Will below-market share buyer lose it all in tax?
Q&As: Repaying debt should be Number One priority — with one important exception; Money can’t buy the most important things in retirement; Last week’s numbers on NZ Super were incomplete — sorry; Let’s demystify share trading, and share holding; One more advantage of owning shares.
Q&As: Here’s an incentive to save for retirement; Would increasing GST have to hurt those on lower incomes?; Time to count a few blessings; Lengthening the term of a mortgage can ease payments — but at a price; Don’t let tax drive your investment decisions.
Q&As: Earthquake victim faces an old question: whether to invest spare money or repay a loan; Reader escapes “an endless loop” of credit card payments after using an internet Q&A service; A “me too” letter raises questions about a bank’s policy on fees.
Q&As: What happens to your money when it seems to disappear for a few days in the bank?; Flexibility an issue when deciding how to go about repaying a mortgage quickly; Would gains on the sale of gold or silver be taxable?; The pros and cons of holding on to gold coin gifts.