Good Advice

Four Insurance pitfalls to avoid

Did you know that less than 10 percent of Insurance claims are not paid, and when there are, it’s often because of an avoidable mistake made when the policy is taken out? Insurance can be a complicated topic – especially if you’re not familiar with the jargon. Here’s a quick outline of the most common Insurance mistakes  – and how you can avoid them. Ever heard of ‘unintentional non-disclosure’? You may have noticed that getting insurance comes with long forms and, for many good reasons, a lot of questions. In the insurance world, there is a process called ‘underwriting’:...

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Own your first home in six steps

From attending open houses to closing on a deal, house hunting can be exciting and daunting at the same time – especially if it’s your first property. But even if your path to homeownership takes a few turn, the main thing is not to go off course. So how can you make sure that a certain house is ‘the one’? And what happens next? Here’s a handy six-step guide for you. Know your borrowing power How much can you borrow? It’s the first of all mortgage questions, and the key to understanding what you can afford to buy. There...

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First-Home buyers – thinking outside the box.

Skyrocketing property prices over the last few years have led a number of commentators to raise questions about the ongoing viability of the kiwi home ownership dream. This impacts particularly on younger demographic who are struggle to raise the eye-watering $150,000 to $200,000 for a 20% deposit on what is now considered entry level in many parts of Auckland. And once they have managed to pull together a deposit, mortgage repayments consume a significant proportion of their earnings going forward. However, the dream of owning a property (or at least getting on to the property ladder) is leading to...

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Some Perspective on Investing Advice

How should I invest the money I’ve just received? A Saturday night question over a few drinks with an expection of some meaningful guidance from an investment adviser ignores a number of important considerations. Here we take a look at some of the factors which go into providing investment advice.

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Life Insurance Advice – who needs it?

You take out life cover. You die. Your family receives a lump sum payment. Pretty basic really. So, who really needs life insurance advice? Well, it may not be as simple as you think… Life insurance is pretty straightforward, isn’t it? For all practical intents and purposes, it’s a commodity in which price is the key factor. You die, your family receives a lump sum payment. Pretty basic really. That’s exactly what I thought when I first took out life cover after the birth of my first child 12 years ago. I didn’t seek life insurance advice… I asked the...

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