Tag: Rental property | Page 8

RNZ Radio 11 February 2021

February 11, 2021

Is paying down your mortgage still the best strategy?
What to do with extra savings — beyond KiwiSaver minimums etc.
Also lump sums — inheritance, redundancy, win
– Mortgage used to be the winner — after include tax and fees. Now — with 2–3% loans?
– Other options: more into KiwiSaver, non-KiwiSaver funds, shares, rental property?
– The main issue: risk — needs to be high enough risk, long-term. Can you cope with volatility? Are you strong financially?
– Other issues: security (psychological and financial), simplicity, but diversification, learning about markets
– Penalties for paying fixed-term mortgage early
– Conclusion: perhaps do what you want!

NZ Herald 6 February 2021

February 6, 2021

NZ Herald Q&A Column

Q&As:
– Reader sees no reason shares shouldn’t keep rising…
– Another predicts a crash, and wonders about KiwiSaver defensive action
– Should we take note of shoeshine story?
– Where should millennial save for apartment?
– Reader’s tenants don’t want long-term leases
– Property managers defended
– Column inspires musician to write a song

NZ Herald 19 December 2020

December 19, 2020

NZ Herald Q&A Column

Q&As:
– Reader near 60 struggles to get mortgage…
– …Could she buy house with another reader?
– Southern Cross doesn’t cover some cancer drugs
– Happy with health insurance

RNZ Radio 17 December 2020

December 17, 2020

RNZ Radio

You don’t HAVE to jump on house buying bandwagon!
– First homebuyers and investors in rental property
– Market has gone mad! Prices and sales
– Last time sales were high — then what happened?
– First home buyers: wait and keep saving, or buy and don’t worry
– Investors: No high return with low risk. Do worst case scenario

NZ Herald 14 November 2020

November 14, 2020

NZ Herald Q&A Column

Q&As:
– FIRE movement lets you retire many years earlier
– Keep up basic health insurance in retirement, despite cost
– Rental or shares could save woman from reliance on the state
– Sorry, but overseas relative can’t get KiwiSaver government contribution

RNZ Radio 10 September 2020

September 10, 2020

RNZ Radio

What to do about low interest rates at banks (and the demise of Bonus Bonds)
– Not as bad as people think
– But still many unhappy
– Suitable alternatives — safe, low volatility — offset mortgages, cash funds, low-risk KiwiSaver funds
– Be braver? — if long-term money — middle-risk KiwiSaver funds. Probably not higher-risk funds or shares or rentals

NZ Herald 11 July 2020

July 11, 2020

NZ Herald Q&A Column

Q&As:
– When debt can be good…
– … And when it’s not
– Job seeker benefit not easy to apply for
– Is this NZ Super reduction fair?

NZ Herald 27 June 2020

June 27, 2020

NZ Herald Q&A Column

Q&As:
– Government KiwiSaver contributions to over 65s wouldn’t work, or be fair
– How reader with cancer could set up her savings
– Over how long should you drip-feed a lump sum into an investment?
– Is weekly drip-feeding better than monthly?
– I suggest reader takes rental property off the market …
– … but she’s sold it! Don’t put proceeds into another rental

RNZ Radio 23 April 2020

April 23, 2020

RNZ Radio

Take advantage of mortgage rate drop
– Try to keep up old payments and reduce your term and total interest
– Or set up a rainy day fund
– A warning: Don’t expect rates to stay this low forever. How would you cope if rates rise?