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Brent Sheather Passive fund suitable for experts too
Like many people I prefer to start Sunday's slowly, with a cup of good coffee and a read of the newspaper's business section, writes Brent Sheather.
Like many people I prefer to start Sunday's slowly, with a cup of good coffee and a read of the newspaper's business section, writes Brent Sheather.
Happy Star Wars Day! The power of compound interest is undeniable, but it certainly has its dark side.
One of the country's largest broking firm has been handed a formal warning after it breached anti-money laundering laws.
For all the promises exchanged at the altar, parties rarely commit to telling new spouses what's going on in their bank accounts.
The Banking Ombudsman is urging people to think carefully about setting up shared accounts.
So much of what we say about money shows how we think about it, and of course how we think about it influences how we act with it.
The rules changed for moving superannuation savings between Australia and New Zealand nearly three years ago.
COMMENT: It's too easy to get judgmental about how others spend their money - although I suppose it's fair enough if they complain about their inability to save.
COMMENT: It doesn't pay to be a snob. Literally. Many people think they "need" the latest labels, whether or not they can afford them.
Despite high take-up - around 2.61 million people are in KiwiSaver - about 40pc do not contribute to it on a regular basis.
Interest rates are low at the bank - so more Kiwis plan to leave their money in KiwiSaver when they turn 65.
Women get more advice on how to negotiate than we probably need.
New Zealand women prefer their saving accounts, while men hit the credit card harder.
New Zealand KiwiSaver providers will happily take funds transferred from Australian super accounts but it's a different story with Australian providers.
COMMENT: The last thing I want to do is put people off investing in shares. If done wisely shares can be an excellent investment.
COMMENT: Have you heard the one about the child who smashed her iPhone to get the latest model? This happened in my circle of friends and is problematic for many reasons.
Emotion is a strong driving force when it comes to making money decisions.
COMMENT: The law of unintended consequences postulates that the actions of people and especially of governments.
What are some smart ways to put a looming tax refund to work?
COMMENT: What's the government's contribution to your KiwiSaver really worth to you?
Landlords who are forced to sell sometimes find they've gained little or nothing after years of hassle. Sometimes they even end up with a debt to the bank after selling the property.
Thousands of people signed up to KiwiSaver may not know who their provider is and young people are the least likely to know. Research
New Zealand's investment watchdog is warning the public to be wary of unlicensed and unregistered operators.
COMMENT: When you factor in all the costs of short-term borrowing, is it really worth it?