Bank

Bank and Lose

Bank and Lose Investors who retreated to bank deposits after the Global Financial Crisis now find themselves caught between a rock and a hard place. Do they stay in bank deposits for peace of mind but poor returns or do they venture back into investment markets? It is sensible to batten down the hatches when a […]

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frontdoor

Is Property Still a Good Investment?

Property Investment Tax changes for investment property came into force on 1 April this year, forcing many existing investors to review the ownership structures for their investments and the viability of retaining their properties. In a nutshell, the effect of the changes is that investors will no longer be able to claim depreciation on their […]

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Climbing

How to Set Goals and Achieve Them

Your Financial Goals There’s one significant difference between people who succeed in life and those who struggle; their ability to set goals and achieve them. To have what you want in life, you can’t just sit back and expect it to happen. Success means different things to different people and when it comes to setting […]

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Champers

Suddenly Rich

Suddenly Rich Dreams sometimes come true! Occasionally some of us suddenly receive a large sum of money. For the luckiest, it might be a lottery win, for some it might be an inheritance and for others the sale of a business or property. Suddenly being rich is exciting, but for most people it is also […]

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CherryPie

Happy New Tax Year

Check your PIE April marks the start of a new tax year, and is a significant month for investors. KiwiSaver members or investors in any other Portfolio Investment Entity (PIE) need to ensure they start the new tax year on the correct tax rate. These investments are taxed at what is called the Prescribed Investor […]

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shopping

Dealing with a Shopaholic

Are you a Shopaholic? Severe overspending is a problem for around 10% of the population. Like any other addiction, it is usually triggered by an emotional or behavioural issue and followed by feelings of remorse and guilt. The overspender may then make promises and attempts to change but after that the cycle starts all over again. […]

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Daisies

If I had my Life

To Live Over Again… There’s a well-known piece of writing by Nadine Stair, an 85 year old from Kentucky, USA, called ‘If I had my Life to Live Over Again’. It talks about how, with the benefit of hindsight, she would have taken more risks, dared to make more mistakes, and taken on more challenges. […]

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elderlypeople2

The Biggest Investment Risk

Risks for Retired Investors Retired investors typically look for security in their investments ahead of return. Superannuation payments barely cover the cost of living from day to day and saving in retirement is not possible without a frugal lifestyle. This means that any loss of capital from failed investments cannot be recouped from income. Some […]

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Student

Survival Guide for Students

Student Survival Tips Managing money when you are studying is not easy. Student allowances and loans fall far short of covering student expenses and the short fall can be typically around $5-10,000 per year. The gap can be closed by taking a part time job, getting help from family, a bank overdraft, a low interest […]

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Christchurch

When Disaster Strikes

Be Prepared The Christchurch earthquake is a forceful reminder that our lives can be turned upside down in an instant and without warning. Being well prepared for disaster greatly increases your chance of survival on all levels; physical, emotional and financial. Those of us lucky enough to be observers of the Christchurch earthquake rather than […]

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Graduate

Money for Students

Money for Students The start of the university year sees thousands of eager school leavers leaving the safety and comfort of the family home and beginning their journey towards independent living. For parents and students alike, the dilemma of how to fund academic pursuits is not an easy one to resolve. Taking on debt is […]

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Constructionsmall

Invest in your Home

Invest in your Home Your home is your castle, so they say, and if it’s not as grand as you would like, now is a good time for improvements. Why? Largely because of the state of the economy. On a long term scale, we are at an economic low point. Properties are difficult to sell […]

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