Monetary policy statement signals ‘steady as she goes’
20 February 2017 –
The Reserve Bank of New Zealand’s Monetary Policy Statement (MPS) is always closely reviewed by Milestone financial advisers. The MPS is a quarterly assessment by our Reserve Bank of what they believe is happening in NZ, internationally, and the impact upon our financial stability.... Read more
Top five investment tips from Warren Buffet
3 April 2017 –
Warren Buffett is possibly the world’s most successful investor. Buffett is one of the richest men in the world and investors in his company, Berkshire Hathaway, have enjoyed outstanding returns over a long period. The secret to his success is not ‘sexy’; it is about adopting a... Read more
Where to live when you get older
6 June 2017 –
Where to live when one gets older is an issue we all need to confront at some stage in our lives, be it making the decision for ourselves, or assisting a loved one to make that decision. Moving into a retirement village or rest home is now becoming more popular. However, there are other choices... Read more
Why am I not wealthy?
4 July 2017 –
Many people ask this question of themselves. Often they are hard-working, well-educated, high-income people. Why, then, are so few of them ‘affluent’? Some of the answers to this intriguing question are contained in the book The Millionaire Next Door by Stanley and Danko. We... Read more
Why is the Reserve Bank worried about high household debt levels?
4 July 2017 –
In its May Financial Stability Report, the Reserve Bank of New Zealand revealed the results of stress tests designed to assess the vulnerability of households to service their mortgages if rates rise.
Its findings show a high number of owner-occupier households would be under financial stress if... Read more
(Video) An example of splitting a home loan over multiple terms
3 August 2017 –
Part 4 of a series of 8 videos where Assoc Prof David Tripe of Massey University discusses mortgages with Milestone Direct Limited.
This video, discusses splitting a home loan over multiple terms. Read more
2016 Budget is good news for investors
30 May 2016 –
The 2016 budget will possibly go down in history as being unremarkable. There were no major revelations nor important policy announcements. This is not unsurprising considering the government is only a year away from an election. Some political commentators have even called the budget boring, so... Read more
4 signs you will be financially successful
11 December 2017 –
Arguably, your financial success is more determined by your behavior and attitude about money than your income. So, what are the signs that you will be financially successful?
1. You make yourself a priority. As soon as it’s pay day, you should pay your own savings and investment accounts... Read more
5 steps for retiring early
2 May 2017 –
For many New Zealanders, retiring before age 65 is the lifestyle Holy Grail. The dream is to kick back, spend time with family, friends and loved ones, and travel heaps. They subscribe to the view of “casting off the drudgery of day-to-day work and enjoying the good times as you only live... Read more
6 Reasons to reassess your life insurance needs
26 February 2014 –
When was the last time you had a sparkling conversation about life insurance? To be fair, it is not something most of us want to think about too often. However, despite our reluctance to discuss them, protection policies such as life insurance are not insurances we should buy once and never think... Read more
7 Steps to KiwiSaver Success
1 April 2015 –
KiwiSaver has been an outstanding success with regards to engagement by New Zealanders. It has far exceeded government expectations and with over $30 billion of funds under management, KiwiSaver is now a force to be reckoned with.
However, at the individual investor level, there are some... Read more
8 tips for affording a first home
3 October 2016 –
Buying a first home is becoming increasingly more difficult for many New Zealanders, even though mortgage interest rates are at historical lows. House prices have risen exponentially in what we call the Golden Housing Triangle – the area from Warkworth in the north to Hamilton in the south... Read more
