Q&As: Should retired couple invest in a commercial property? Why take on that risk?; Can we predict NZ dollar movements?; When is it best to change money from US to NZ currency; A US website that evaluates international charities; Yet another charity offers a Christmas gift programme. Plus: Win a ticket to a seminar.
Q&As: Two on why many rental property investors should pay tax on their gains when they sell. It’s the law!; How to teach teens about budgeting; Allowing for tax when calculating returns on term deposits.
Q&As: A reader finds a flaw in my “avoid the rear-view mirror” argument. Or does he?; Would NZ’s tax revenue actually increase if we all invested offshore?; Inland Revenue says it can’t fix everything at once.
Moving money across the globe is a risky tactic. The situation of a reader may not seem relevant to many others. But there are lessons here for practically everyone.
Q&As: Man panicked and bailed out of share fund. No!; Real Estate Institute denies that it’s hard to buy a house in NZ.
Q&As: Is compounding interest over-rated?; Credit cards v eftpos; How long is long-term? Returns on different assets.
Q&As: Man who has made $3 million from shares; How much risk for a 53-year-old?; How good is advice from banks?
Q&As: 27-year-old overseas doesn’t need more than 4 rentals in NZ; Should more conservative 26-year-old get revolving credit mortgage?
Readers rally to back houses. It always happens. Whenever I write about investing in houses and shares in the same column, people say I’m unfairly negative about houses. In my final column last year, I wrote that the rise in house prices over the previous year was slower than the rise in: New Zealand shares, hedged overseas shares and unhedged overseas shares, all including dividends. That surprised me, and I thought it might surprise you.
Q&As: Should man, 53, go with bank and seminar rental recommendation?; Young couple ponder buying share of family farm; Should Mary answer all readers’ letters?