Latest News

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

Liz koh

Love and Money

Love and Money Relationships are complex and adding financial stress into the mix complicates things even further. Arguments about money are the leading cause of relationship breakdown and it follows that if couples can find a way to reduce financial stress and avoid conflict over money, the chances of a successful relationship are greatly enhanced. When two people come together from different backgrounds, they usually ha...


The Price of Good Advice

The Price of Good Advice The calendars of financial advisers throughout the country have a big circle around 1 July, 2011. That is the date by which, with a few exceptions, any person giving advice on investment products must be an Authorised Financial Adviser (AFA). An adviser who works for a large company, such as a bank, which has been approved as a Qualifying Financial Entity (QFE) may give on advice on products issu...


Advice for KiwiSavers

Advice for KiwiSavers KiwiSaver skeptics will no doubt be saying ‘I told you so’ after the recent changes announced in the budget. A minority of the population have refused to join KiwiSaver on the grounds that the Government will keep changing the rules or mismanage their money. Yes, the rules have changed, but joining KiwiSaver is still a great idea and the skeptics are missing out on an opportunity to increase thei...


Easing into Retirement

Happy Retirement! Retirement is something to look forward but ensuring that the experience lives up to your expectations requires some forward planning. These days it is becoming more common for people to work less rather than retire and many pensioners have part time jobs. However, it is good to be working by choice. NZ Superannuation is generally enough to keep you alive from one day to the next but you probably won’t...


Five Good Reasons to Invest Offshore

Invest Offshore Global influences in investment markets have become more powerful over the last decade, due to the effects of technology, globalization of businesses and economic union between countries. The Global Financial Crisis is a powerful example of how interconnected world investment markets are now. This is not necessarily something to be afraid of and in fact there are many opportunities as well as threats. Ther...


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 storm blows over, but at some point, life has to return to normal. So how do you know when it is time to come ou...


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 buildings, and fewer investors will be able to claim losses against personal inc...


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 financial goals, success is much more than having a lot of money in the bank. A big bank balance is o...


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 frightening. Fear comes from lack of knowledge about the options that are available for spending or investing, not knowing h...


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 Rate (PIR) and this should be confirmed at the beginning of each tax year. Set your PIR too low and you may be ...


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