If you’ve ever chosen a KiwiSaver fund based on your age or how far off retirement or purchasing your first home you are, you’ve made a sound first decision. Growth funds through your accumulating years, moving toward balanced and conservative as you near key milestones: that guidance holds true and remains the right starting point. […]
In a move forecasted by economists, the Reserve Bank of New Zealand (RBNZ) keeps the Official Cash Rate (OCR) stationary at 5.5% in the final review before a pivotal national election. This decision marks the third instance of maintaining a stable OCR following an 18-month sequence of rate hikes, solidifying a cautious and deliberate approach […]
Welcome to the digital jungle—a place where convenience reigns supreme, but lurking cyber-predators are just a click away from plundering your personal data. Think you’re too savvy to get scammed? Think again! From ultra-smooth phone con artists to sneaky email imposters, these modern-day highwaymen are out to get you. But fear not, intrepid web user! […]
In light of the Reserve Bank of New Zealand’s (RBNZ) recent announcement to hold the official cash rate (OCR) at 5.5%, we’d like to provide you with our analysis, blending Threefold’s insights with the prevailing economic landscape. 1. The Status Quo Maintained: As predicted in our prior review, the RBNZ has decided to maintain the OCR at 5.5%. This […]
Published 10 August 2023 As we approach next Wednesday’s upcoming Reserve Bank’s official cash rate (OCR) review, all eyes will be looking to market experts and financial analysts who have been pondering the likely decisions and the impacts they may have on mortgage rates, inflation, and the housing market. Here’s a Threefold view of the […]
Thinking of selling your home and want to maximise its resale value? Renovating your property strategically can make a significant difference in attracting potential buyers and securing a higher sale price. While the process might seem overwhelming, especially if you’re new to this, fear not! In this blog article, we’ll guide you through the essential […]
As the days grow longer and the flowers begin to bloom, New Zealanders can feel the essence of spring bringing freshness and renewal to our beautiful country. With the changing seasons, it’s the perfect time to give your home and your finances a well-deserved boost after the winter months. Spring offers a golden opportunity to […]
As experienced Financial Advisers, we have witnessed countless individuals and families fall into common financial pitfalls that can have a lasting impact on their financial well-being. From leaving cash in savings unlinked to their mortgage to neglecting retirement planning, these mistakes can hinder the achievement of long-term goals. In this article, we’ll delve into some […]
Hey there, homeowners! We understand that managing a mortgage in a high-interest rate market can be quite a challenge. But fear not, because at Threefold, we’re here to help you make the most of your mortgage while securing your financial future. In this article, we’ll share practical and friendly tips to guide you through these […]
“Nah, I’ve got heaps of time.”“I’m trying to save enough to go on holiday.”“Won’t the government look after that for me?” For many people, retirement is so far away it’s hard to comprehend. For others, it’s a welcome reprieve from a lifetime of work. But how you get to spend your retirement depends on the […]
