NZ Herald 14 May 2016
Q&As: Steer clear of Hong Kong share pitch; Hedging applies to most KiwiSaver investors; A way to hedge an index fund investment.
Q&As: Steer clear of Hong Kong share pitch; Hedging applies to most KiwiSaver investors; A way to hedge an index fund investment.
Too good to be true?: Warning signs of a scam — Who are victims?; Warning signs; False friends — features that make you think you’re OK; What to do if you’re suspicious; What to do if you’ve been ripped off.
Q&As: Women’s gifting circles look to be illegal, and…; …they could lead to ‘an abundance of hate’; Shortish-term money shouldn’t be in shares, despite adviser; An advantage of regularly investing the same amount, whatever the market does; One provider charges less for non-KiwiSaver funds.
Q&As: Are “women’s gifting circles” legit?; Is bank financial adviser giving “best” advice?; KiwiSaver tax credits don’t cross the Tasman; Tips on getting more from a revolving credit mortgage.
Q&As: How to persuade 20-somethings to stick with KiwiSaver; An offer too good to not miss; Get legal advice when lending to adult children; Can bankruptcy distribution be undone?; Last week’s picture was misleading.
Q&As: Single mum can’t decide whether to renovate or sell; How come some seemed to get more Genesis Energy shares?; No I won’t give info on gold savings plan; What might be behind gold plan?; How many employers stop KiwiSaver contributions at 65?; Is employer playing fair with KiwiSaver contributions?; Complications for some self-employed in KiwiSaver.
Q&As: Gold plan will make us all rich — or will it?; Do Chinese buyers of NZ houses get cheap mortgages?; How KiwiSaver works for the self-employed.
Q&As: A company that promises way too much. Steer clear!; 2 Q&As about how reverse mortgages might affect government residential care subsidies.
Q&As: Foreclosed property seminar reminds me of investment warning lists; Government’s proposed changes don’t affect current KiwiSaver decisions; Do banks lend more than their total deposits?; Am I brainwashed, and perpetuating myths about family trusts?; Fair enough that housing is not cheap here, says American who moved to NZ.
How not to be ripped off. There’s no denying that some fraudsters are clever. Bernie Madoff — the American now serving 150 years in prison for probably the biggest rip-off of all time — didn’t promise investors 20 or 30 per cent returns, which would have looked highly suspicious. Instead, it was a steady return of around 10.5 per cent a year. While you can’t get returns that high on a steady basis, it obviously sounded possible to thousands of Americans.