NZ Herald 18 March 2006
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: 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?
Q&As: How well do share funds perform?; Comparison of investment performances.
Q&As: The pros and cons of self employment and income splitting; Comparing shares with property is tricky; How movements in the dollar affect investment in international share funds.
Q&As: How to go about investing your student loan; How to find rating information on finance companies.
Is it dumb to diversify shares or property? Diversification is not all it’s cracked up to be, according to a man who read my last column, which praised the spreading-your-risk idea. “Bill Gates didn’t diverse much, and it didn’t do him much harm,” he writes. “The fact remains that the richest people on the planet have become that way because they haven’t diversified.