Cover art for podcast NZ Guide To Financial Freedom

NZ Guide To Financial Freedom

301 EpisodesProduced by Ryan J Melton & Greg MoyleWebsite

Everything you need to know about business, money, and life. https://ryanjmelton.co.nz/

16:14

Quick Fire Finance - What Would You Do With $1 Million?

Quick Fire Finance Of The Day:

"I am 72 years of age and have a KiwiSaver account that I took out about four years ago and contributed to for a few years and then ignored. It’s been inactive ever since. I think it I opted for the aggressive growth fund if there’s such a thing?

I have nearly $1 million sitting in a bank at some ridiculous interest rate — maybe 1 per cent or something.

Basically I am financially lazy and irresponsible. This Covid 19 situation and all the “speak” about security of investments, falling interest rates, stock market free-fall etc has awakened a modicum of interest in what to do with my million.

I received an on-line report from my KiwiSaver provider a while back and note there was a rapid rise after a two- or three-month fall.

So — after that long-winded introduction — my questions are:

· Can I drop say $700,000 or $800,000 into my KiwiSaver account?

· If I did so, can I withdraw some, or all of it, whenever I like together with whatever increases it has generated (or decreases of course)?"

Source: NZ Herald 8th of August 2020 

Once again for those wanting their question answered on the podcast email me at ryan@oneplan.co.nz, send a voice message below or capitalise on our free online tools and advice:


Educational emoji reaction

Educational

Interesting emoji reaction

Interesting

Funny emoji reaction

Funny

Agree emoji reaction

Agree

Love emoji reaction

Love

Wow emoji reaction

Wow

Are you the creator of this podcast?

Verify your account

and pick the featured episodes for your show.

Listen to NZ Guide To Financial Freedom

RadioPublic

A free podcast app for iPhone and Android

  • User-created playlists and collections
  • Download episodes while on WiFi to listen without using mobile data
  • Stream podcast episodes without waiting for a download
  • Queue episodes to create a personal continuous playlist
RadioPublic on iOS and Android
Or by RSS
RSS feed
https://anchor.fm/s/849ed48/podcast/rss

Connect with listeners

Podcasters use the RadioPublic listener relationship platform to build lasting connections with fans

Yes, let's begin connecting
Browser window

Find new listeners

  • A dedicated website for your podcast
  • Web embed players designed to convert visitors to listeners in the RadioPublic apps for iPhone and Android
Clicking mouse cursor

Understand your audience

  • Capture listener activity with affinity scores
  • Measure your promotional campaigns and integrate with Google and Facebook analytics
Graph of increasing value

Engage your fanbase

  • Deliver timely Calls To Action, including email acquistion for your mailing list
  • Share exactly the right moment in an episode via text, email, and social media
Icon of cellphone with money

Make money

  • Tip and transfer funds directly to podcastsers
  • Earn money for qualified plays in the RadioPublic apps with Paid Listens