Liquidating your KiwiSaver funds

You do not have to leave KiwiSaver when you turn 65. Sure, on your 65th birthday you are entitled to take out all your money (provided you have been a member for five years), but if you have nothing compelling to do with the money, maybe you should stay with it. It is t read more

Be resilient by building a shelter for financial storms

Last week, I went to a talk from the Minister of Finance. Steven Joyce has some interesting budget choices to make as he decides what to do with the surplus he has; tax cuts, infrastructure, debt reduction, benefits etc. Just like a household budget, there are plenty of read more

Doing good with your investment choices

OPINION: I have always thought socially responsible investing makes good sense. As such, I have excluded “sin” stocks from my own portfolio: for example, I recognise the harm that gambling does, so even though Sky City appears to be a well governed and manag read more

Trusting in company shares is difficult after a scandalous history

Shares are evil, a friend said to me recently. This was from the operator of a small business who was convinced that shares were the worst investment that you could make under any circumstances: they were too risky and involved the trust of too many people. Too often, m read more

Cash is king of the investment realm

Cash is king, so the saying goes. The strange thing is that although in a market downturn people are quick to say that cash is king, during good investment times cash does not seem regal at all. In good times, cash pretty much gets ignored– a right royal snub. At the mo read more

Staying ahead of work and money trends

Over the last 40 years or so, two trends have come together to make financial capability and literacy more important. These changes are such that people now need to know much more about finance and have good skills to manage their money. In my view, they make it importa read more

Painting your retirement by numbers

I’ve been doing some numbers. This is nothing unusual, of course, I spend a lot of my life doing and reading numbers. However, the numbers in question are important, because they tell people who are planning their retirement the kind of lifestyle they will be able read more

How to plan for a later-life ‘gap year’

I have some friends having a gap year. No, they are not a couple of 18-year olds taking a break from their academic studies to work at KFC and find out how the world works. Instead, this is a grown-up’s gap year –  my friends are in their fifties, have sold read more

Teach yourself to ‘speak’ money

Money has its own language. Few beyond the cognoscenti can speak “money” and, in my view, this is a major reason for people being turned off finance. Every field requires its own technical language, but you should never let yourself be excluded from a field read more

Buffett versus the Hedge Funds

It is with trepidation that I take on the world’s greatest investor. Warren Buffett’s company Berkshire Hathaway, has produced returns for investors of over 20 per cent per annum over the last 50 years – and it is pretty hard to argue with that. However, the read more