Quick Fire Finance Of The Day:
"My two children (now 23 and 21) were incredibly lucky to inherit $100,000 each in 2012. We looked at Auckland investment property and felt things were so hot it might fall over at any minute. Boom crash wallop — and their money would be halved.
As we now know, I could have quadrupled it. It’s not too bad of course, they have the money which has sat untouched in term deposits ever since. But it could have been so, so much better.
Any advice that will make me feel less of an idiot will be warmly received. (They both have the usual $35,000 to $40,000 student loans)."
Source: NZ Herald 25th of August 2018
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