What we don’t know CAN hurt us. One of the first things journalists are taught is to make the first sentence of an article a “grabber”, something that will perhaps surprise readers and make them read on. So this column is officially starting now: Every New Zealander over 65 gets NZ Super, no matter how rich they are.
Q&As: Is compounding interest over-rated?; Credit cards v eftpos; How long is long-term? Returns on different assets.
Q&As: Shares v term deposits — it depends how much time you have; Short-of-cash millionaires should try to renegotiate their mortgage; When is a 2% penalty not 2%?
Q&As: Who gets the money when mortgage rates increase?; 2 Q&As on whether the tax rate on second jobs is fair.
Q&As: 18-year-old should wait a bit before buying a house; Saving for the grandchildren — how much risk is good?; Rental property depreciation risks.
Seize the chance: A great way to boost your savings. Also in this issue: From the Mailbox — Investment as retirement approaches.
Article and follow-up column from last week, on how interest is paid on term deposits, and how not to be ripped off.
Front page article and Q&A on how interest is paid on term deposits and how to stop yourself from being ripped off.
Q&As: A letter to give a spouse who is mean with money; Where to get info on interest rates; Returns on share funds, and debt repayment.
Q&As: How do bonds differ from term deposits?; Where to get info on interest rates.