sharetrader
Page 44 of 46 FirstFirst ... 3440414243444546 LastLast
Results 431 to 440 of 456
  1. #431
    Member
    Join Date
    Aug 2009
    Posts
    417

    Default

    A very smart move by ASB. They have made it possible to contribute to Kiwisaver from their credit card reward scheme (true rewards). I just made $45 contribution from my accumulated asb true rewards to the kiwisaver. No fees for the transaction. If you are using it for consumption they charge $4 for each redemption.

  2. #432
    Member
    Join Date
    Mar 2006
    Location
    , , New Zealand.
    Posts
    144

    Default

    Quote Originally Posted by RRR View Post
    A very smart move by ASB. They have made it possible to contribute to Kiwisaver from their credit card reward scheme (true rewards). I just made $45 contribution from my accumulated asb true rewards to the kiwisaver. No fees for the transaction. If you are using it for consumption they charge $4 for each redemption.
    Yes I like it... look after the cents and the dollars look after themselves. Low fees ASB too.

  3. #433
    Member
    Join Date
    Mar 2006
    Location
    , , New Zealand.
    Posts
    144

    Default

    Quote Originally Posted by Mista_Trix View Post
    Cheers mate, appreciated. Food for thought.

    I guess in my mind all I'm after is capital protection. I don't want to see it wiped out when I know I could have tinkered, but then again, I guess gains I miss out on would be lost as well.
    So maybe it is just a case of' set and forget'. I want the gains of the Growth, but am hesitant on the losses. I guess having not been through a downturn (with money in - we all saw the GFC, but I wasn't 'in' it) I'm still trying to intellectualise how this works, and how I can make good decisions to ride through it as strong as I possibly can.

    Do you mean; look after yourself - as in the funds will take care of you, or look after 'yourself' - in that you will actively manage them??
    Nothing wrong with capital protection!

  4. #434
    Member
    Join Date
    Mar 2006
    Location
    , , New Zealand.
    Posts
    144

    Default

    http://www.nzherald.co.nz/personal-f...ectid=11340682

    Kiwisaver stats. I learned it is not untouchable if bankrupt.

  5. #435
    Member
    Join Date
    Oct 2014
    Posts
    81

    Default

    I think around 2008-09 my growth plan Kiwisaver (Gareth Morgan) had a 5-10% lost on the balance for the year. I switched it to a 100% balanced. I was re training for my career and I didn't even put the $1000 to get the govt's $500 bonus, nor was there any employer or govt contribution. That said the money that in their by itself untouched grew 10% after fees and tax - month to same month the year after. If you account for govt and employer contributions, even in the bad times with a 100% growth the loss didn't wipe out the free money from the employer / govt. For me, it's been a positive one.
    Last edited by rayonline; 25-10-2014 at 04:39 PM.

  6. #436
    Member
    Join Date
    Mar 2006
    Location
    , , New Zealand.
    Posts
    144

    Default

    Since 2007 my wife has had no income and just paid in the minimum $1042 a year. Balance is 18 300, contributions $7800 Govt paid $6700 investment earnings $4000 fees $160 tax $190. My kids $1000 is $1600. As they turn 18 I am trying to pay in at least $600 a year cos then after 5 years they can get the housing subsidy.

  7. #437
    Member
    Join Date
    Mar 2006
    Location
    , , New Zealand.
    Posts
    144

    Default

    NZX buying superlife, gee what happens if NZX goes broke...

  8. #438
    Guru
    Join Date
    Nov 2013
    Posts
    3,025

    Default

    Quote Originally Posted by p2r View Post
    NZX buying superlife, gee what happens if NZX goes broke...
    The Kiwisaver funds are still held by a trustee. The different is NZX gets the management fees.

    Will be interesting to see if NZX increases the currently very low fees offered by Superlife or uses the scale to decrease the fees on its expensive SmartKiwi range.

  9. #439
    Member
    Join Date
    Sep 2009
    Posts
    331

    Default

    Does anybody know if this news today affects Milford's Kiwisaver management?

    http://www.nzherald.co.nz/business/n...ectid=11427048

  10. #440
    Guru
    Join Date
    Nov 2013
    Posts
    3,025

    Default

    Quote Originally Posted by Stumpynuts View Post
    Does anybody know if this news today affects Milford's Kiwisaver management?

    http://www.nzherald.co.nz/business/n...ectid=11427048
    no impact at all. Milford ran a private fund for the govt owned superfund. That is the only one cancelled. They still run all their other funds.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •