House Prices

How to start investing now

Who wants to sacrifice present consumption like purchasing a new car or having that spring break in Fiji for future financial security? Apparently not many people in New Zealand.

Thursday, November 04th 2004

After all, you only have to look at the huge increase in use of credit (debt accumulation) cards over recent times. But how much money does it take for an individual to put aside now for a future with greater financial security?

Investing is basically the sacrifice of the certain present benefit (the new car) for an uncertain future benefit (increased income during unemployment).

You may have accumulated or inherited cash, or have the expectation of savings generated from ongoing income. Thus you have the choice ? immediate consumption or postponing spending till some time in the future. There may be many complex reasons for delaying spending until the future e.g. reluctance to borrow for major purchases, to cover ongoing expenses in the event of reduced income like retirement or to pass on wealth to a younger generation.

If you have decided to defer spending today, naturally you would expect some reward i.e. return. Realistically any investment involves risk, returns are not guaranteed but the investor may make choices to reduce the probability of losing capital and return.

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SBS FirstHome Combo 4.29
Unity First Home Buyer special 4.29
Co-operative Bank - First Home Special 4.85
China Construction Bank 4.85
TSB Special 4.89
ASB Bank 4.89
Kiwibank Special 4.89
Westpac Special 4.89
Kainga Ora 4.89
BNZ - Std 4.89
AIA - Go Home Loans 4.89
Nelson Building Society 4.93
Westpac Special 4.95
BNZ - Std 4.95
China Construction Bank 4.95
Wairarapa Building Society 4.95
Kiwibank Special 4.95
AIA - Go Home Loans 4.95
TSB Special 4.95
ANZ Special 4.95
ASB Bank 4.95
SBS Bank Special 4.95
SBS Bank Special 5.39
Westpac Special 5.39
Co-operative Bank - Owner Occ 5.59
ASB Bank 5.59
BNZ - Std 5.59
BNZ - Classic 5.59
AIA - Go Home Loans 5.59
Kainga Ora 5.69
Kiwibank Special 5.79
ANZ 5.79
TSB Special 5.89
SBS Construction lending for FHB 3.94
AIA - Back My Build 4.44
CFML 321 Loans 4.99
Co-operative Bank - Owner Occ 5.95
Co-operative Bank - Standard 5.95
Heartland Bank - Online 5.99
Pepper Money Prime 6.29
Kiwibank - Offset 6.35
Kiwibank 6.35
TSB Special 6.39
China Construction Bank Special 6.44

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