Latest News

The latest personal finance and investment news and views from Liz Koh

Liz koh

Property Syndicates

Low interest rates and share market volatility are driving investors to consider alternative investments. In recent years we have seen the rapid rise of property syndicates. Such syndicates were very popular over twenty years ago and were offered by companies such as St Laurence and Waltus. At that time, they had a chequered reputation, with some syndicates performing well and some dismally. A property syndicate is crea...


The Low Interest Rate Trap

For investors who depend on interest rates for income or investment, the future looks bleak. Interest rates are at the lowest level we have seen for decades and are likely to stay low for some time. Prior to the Global Financial Crisis of 2008, many fixed interest investors chased after the double-digit returns offered by finance companies, only to discover that high returns reflect high risk. The huge losses following the...


KiwiSaver in Retirement

It is now possible for anyone over the age of 65 to join or re-join KiwiSaver. There are many retirees who cashed in their KiwiSaver funds without consideration of the options available to them, and there are some who just never got around to joining. For these people, there is now a reprieve. As of 1 July, being over 65 does not exclude anyone from joining KiwiSaver. More people are working past the age of 65. While it...


Investing with Smartshares

  For some time now investors have been able to buy Smartshares on the NZX. Smartshares are Exchange Traded Funds (ETFs) that invest in a wide range of securities which track the performance of an index such as the NZX 10 Index. The advantage for smaller investors is being able to easily and cost effectively invest in a wide range of securities with as little as $500. More diversification means less risk and smooth...


The Rise of the Active-Passive Portfolio

  Over the last fifteen or so years, trillions of dollars have poured into investment funds which passively track indexes such as the S&P 500 or the NZX 50. An index fund matches the components of a particular index and its performance will therefore match the performance of the index. The main selling point for index funds is they offer investment diversification with low management fees. In comparison, active...


Design Your Portfolio Life

  A combination of more flexible working arrangements, increased longevity, demographic changes, delayed retirement and the search for greater personal satisfaction is bringing about a shift toward what has been called ‘the portfolio life’. Charles Handy wrote about designing a portfolio life in 1989 in his classic book ‘The Age of Unreason’. He proposed that instead of basing our working lives around a sin...


How Kiwis Generate Wealth

  A recent survey undertaken by KiwiWealth of New Zealanders perceptions of wealth and approaches to wealth creation shows some interesting yet predictable results. It turns out we are a very conservative bunch and that has implications for our ability to create wealth. About one third of all Kiwis surveyed believe they are struggling to make ends meet or just managing to get by. Over 40% of those surveyed said ...


In Pursuit of Wellbeing

  The Government declared some time ago that the focus for this year’s budget is wellbeing. Increasing the wellbeing of New Zealanders is a very laudable aim and indeed, there is a noticeable global trend at a country and an individual level for the pursuit of wellbeing to take precedence over the pursuit of economic growth and wealth creation. People want balance, fairness, equity and happiness. The wellbeing of...


Advice for Single Women

  Being single is a status most women experience at some stage of life. Relationships are more fluid and marriage is often delayed or doesn’t occur at all. Then there is the prospect of relationship endings or death of a partner. Now, more than ever, it is important for women to take charge of their financial affairs and indeed, this is what they are doing. Perceptions of women being useless with money are being ...


Top Five Money Mistakes

  There is nothing worse than carrying on through life and suddenly finding that for some years you have been making some basic mistakes in managing your money that have cost you thousands of dollars. Here are the top five mistakes to avoid: Spending everything you earn. Spending everything you earn now leaves you vulnerable to changes in your income and potentially unable to achieve significant and important ...


Search the Site

Subscribe to Our Newsletter

Enter your information below to receive all latest news, tips and advice from Moneymax, directly into your inbox.

Mailing List:
Subscribe
Investment Clients