<div class="gmail_quote">On Wed, Sep 15, 2010 at 9:10 PM, Stephen Worthington <span dir="ltr"><<a href="mailto:stephen_agent@jsw.gen.nz">stephen_agent@jsw.gen.nz</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin: 0pt 0pt 0pt 0.8ex; border-left: 1px solid rgb(204, 204, 204); padding-left: 1ex;">
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BTW The GST may only be a 2.2% increase, but I have paid my rates in<br>
advance and bought a new camera and am also planning on two more 2<br>
Tbyte drives, so it all adds up to quite a reasonable saving on that<br>
much money.<br></blockquote><div><br>In my case if I pay all my rates now I save $22.5 over paying them in installments. But if I leave that money in the mortgage I save about $25.88 according to my crude calculations (real value will be slightly higher), more if interest rates rise. I think I'll hold onto the money until I have to hand it over. If I didn't have a mortgage the value of interest or investment income might be a bit lower. YMMV.<br>
<br>As for gear, if you're buying it anyway it's definitely a saving. But you could probably do better by just waiting for a sale (or in the case of drives just wait a month or two - they seem to drop by about 3-5% per month).<br>
<br>Cheers,<br>Steve<br></div></div>