A large portion of investors don’t know what they’re taxed, survey says

Article written by InvestNow – 11th September 2024

We recently surveyed our customers and were surprised to see that 38% of respondents don’t know what taxes apply to their investments.

The survey, which we ran last month, showed a startling lack of awareness or consideration of how tax impacted the performance of their investments.

Only 30% of respondents said they knew the types of taxes that applied to some of their investments but […]

What you need to know about investment scams in 2024

Article written by InvestNow – 6th May 2024

It’s cybersecurity week, and to support investors staying alert online, InvestNow GM Mike Heath offers his best tips for avoiding investment scams in today’s environment.

In 2024, it’s vital any investor – or anyone at all – takes a vigilant approach to protecting themselves from scams.

MBIE figures show New Zealanders lost nearly $200 million to scams in the last year, and the FMA […]

PIE time: how trusts can side-step a 40% higher tax bill as new high rates kick in

Article written by InvestNow – 29th February 2024

A shockwave is due to roll over New Zealand trusts in just a few weeks, adding on average more than $22,000 to the annual tax bill of the estimated 44,250 trusts caught in its wake – unless they take action now.

Due to come into force on April 1, the well-signalled jump in the trustee tax rate from 33% […]

The InvestNow Guide To Currency Hedging: The Impact of Foreign Currency on Investments

Article written by InvestNow – 1st February 2024

Whenever you invest into overseas assets, the value of those assets in New Zealand dollar terms is influenced by the combined impact of: 

1. Price movements in the underlying investment; and 
2. Currency movements between the New Zealand dollar (NZD) and foreign currency […]
   

How to be a better-than-average investor

Article written by InvestNow – 17 January 2024

“Buy low, sell high” is the standard advice for generating capital returns on investment assets, however, this advice doesn’t provide practical guidance on how to actually spot the ideal buying and selling opportunities.  

In today’s fast-moving and increasingly volatile market, it’s a full-time job attempting to time the market, and even still it’s a mighty difficult task that even the experts get […]

Thoughts on short-term money storage options: Why managed cash PIE funds are a no-brainer for Anthony Edmonds

Article written by InvestNow – 22 November 2023

Investors need to think carefully about the best place to park their lazy money as interest rates rise well above neutral and drive up nominal returns for cash.

We asked InvestNow founder, Anthony Edmonds, to explain his journey to managed cash PIE funds, as his preferred solution to getting the best value from his […]

Tips and tricks to help you towards a financially comfortable retirement in New Zealand 

Article written by InvestNow – 31 October 2023

Will your KiwiSaver balance be sufficient to cover your retirement lifestyle?  

According to a study done by Massey University in 2022, a single person retiring at the age of 65, assuming they live until 95, will […]