Term deposits

RNZ Radio 10 September 2020

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

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NZ Herald 29 August 2020

Q&As:
– Solo mum should check out government help on buying a first home
– Advice for last week’s reader with $1.5 million in the bank — give some away…
– … And put the rest in more than one bank
– Should couple’s KiwiSaver accounts be with different providers?
– The law on relationship property after a couple splits — and how to contract out

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RNZ Radio 27 August 2020

The next downturn — in shares, KiwiSaver and other managed funds — might be longer.
But first — comments on what to do about the demise of Bonus Bonds.
– FMA survey on investor confidence.
– Race between NZ and world share markets to recover from Covid downturn.
– Recovery not just shares rebounding, but also bonds.
– Next time we could easily have shares down for longer, and bonds also falling.

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NZ Herald 22 August 2020

Q&As:
– When family trusts cut new partners out of assets, please talk about it
– Self-employed person should keep contributing to KiwiSaver
– Should reader send money back home to NZ from Canada?
– 3 choices for man with extraordinarily bad luck with money

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NZ Herald 15 August 2020

Q&As:
– A clever way to reduce mortgage risk a little
– Westpac denies age discrimination in mortgages
– Boomer vents about NZ Super, but misunderstands
– How to keep inheritance away from separated sister-in-law

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NZ Herald 27 June 2020

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

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NZ Herald 13 June 2020

Q&As:
– Should out-of-work couple keep contributing to KiwiSaver?
– Why I worry about the share market recovery
– A way for special needs daughter to gain more financial flexibility
– How to decide which mortgage term to go for
– Best choice for employee who effectively pays his own KiwiSaver employer contributions
Plus:
– How to improve your chances of being answered in this column

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NZ Herald 6 June 2020

Q&As:
– My expertise on cows and farmers’ markets is called into question…
– … Nonetheless, my comments last week helped reader
– KiwiSaver becoming workable for people with special needs
– Change KiwiSaver provider any time, but take care with changing funds
– Who does government borrow from, and how?
– Are we likely to see negative interest rates, and if so, where should we save?
– Not good news on tax and negative interest rates
– Negative interest rates unlikely to threaten banks’ strength

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NZ Herald 30 May 2020

Q&As:
– Where to put your money if you’ve lost faith in all financial assets
– Why being in a balanced fund isn’t always equal to being in both low- and high-risk funds
– Suggestion for last week’s couple unable to buy a home because of his parents’ mortgage
– Tax on PIEs and uneven tax burden
Plus:
– How to make use of new info on KiwiSaver statements

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NZ Herald 23 May 2020

Q&As:
– Help abounds for young man who helped parents get a mortgage
– My tax info not good enough for accountant
– How to tell how strong your bank is
– Can you be in more than one Simplicity fund?
– House buying plan depends on two impossible forecasts
– Put most of savings into house deposit
– Young man loses house deposit in receivership
– Divorced woman, 59, should put most money into new home

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