THE BEST WAY TO INVEST IN SHARES
A listener’s letter and Mary’s response:
– Starting early is good
– Drip feeding is good
– You don’t need to research companies
– Buy more or less randomly — but vary industries
– Understand a share’s volatility
Q&As: Father of 5 loses Working for Families money through accountant’s error; New website helps you find ethical KiwiSaver funds; Split money between KiwiSaver and non-KiwiSaver, and consider paying down mortgage; Share fund might beat mortgage repayment, but it might not; Self-employed need a better deal from KiwiSaver.
Why are women more cautious with investments, and should we take more risks?
In some ways women are better investors than men. So how come we often end up with lower savings?
Q&As: Newly divorced woman should buy house — because she wants to!; 2 Q&As on the best time to switch funds, which is when it suits you; AMP’s “woeful” long-term KiwiSaver returns, and what investors should do; You can’t “pay ahead” to get KiwiSaver government contributions.
Q&As: How KiwiSaver works for someone on minimum wage; Reader using KiwiSaver money soon for first home shouldn’t be in growth fund; Suggestions for beneficiary who got inheritance …; … and a further question from him; Reader saddened by last week’s comment on beneficiary.
What most affects your KiwiSaver growth?: Research looks at type of fund, contribution rate, returns, luck, stickability and fees; What you can do about each of these; Main messages.
Q&As: Don’t move your money because of Brexit fears — or any other fears; KiwiSaver details for those turning 18 or 65; Your bank isn’t necessarily your best KiwiSaver provider. How to find out; “Unlucky” reader lucky she took out loss of income insurance; Reader giving non-beneficiaries a bad name; Suggestion for last week’s beneficiary not good for two reasons.
Q&As: Difficult for beneficiary to gain from inheritance; Is there anything in KiwiSaver for retirees? …; … Reader replies to that, but worries me; Does KiwiSaver beat other funds in retirement?; 2 readers have fun with last week’s tiny tax refund letter.
2 “expert” suggestions in a rising share market — one good, one bad. The good one — Rebalancing: What is it?; Why it can be hard psychologically; How to rebalance. The bad one — Get out of passive (or index) funds: Who does the research?; NZ in last year’s small downturn; US in two market crashes; Conclusion — stick with passive.
Q&As: Italy is bad for bureaucracy, but how about Kiwi girl getting 4¢ tax refund?; Do retirement investment “rules” change if you have big savings?; No we don’t want to reduce picture with column!; Company that performed badly last century doing well now.