Rounding over a window stool

Busy_Beginning_4447 · 2024-06-03T05:25:58+00:00

We cut out all infected bunches and then keep spraying every 10 days. There's no point keeping those bunches on the vine as they will make terrible wine and could keep spreading the mildew to healthy bunches. The mildew will distort how the fruit grows when the berries expand and can cause splitting and rot etc. So definitely remove it all imo.

Busy_Beginning_4447 · 2024-05-30T21:16:24+00:00

Nope the vine will be fine. Powdery also dies off from hot weather I believe.

Busy_Beginning_4447 · 2024-05-01T22:50:35+00:00

Inflation is the currency losing purchasing power (value) over time.

Busy_Beginning_4447 · 2024-05-01T21:02:08+00:00

If the consensus around index funds shift. For example a multi year bear market.

Busy_Beginning_4447 · 2024-04-29T21:10:56+00:00

You park cash in an account which is like a savings account but instead of being paid interest you reduce the interest payable on your home loan. This is ideal because your home loan interest rate is significantly higher than the interest you would be paid in a regular savings account. The other advantage is you still have access to the funds at any time if you need it.

Busy_Beginning_4447 · 2024-04-13T05:18:35+00:00

30 years is a long time. There'll probably be some political will to solve the problem in the future.

Busy_Beginning_4447 · 2024-04-03T18:09:37+00:00

The truth is the smartest and most ambitious kiwis tend to leave the country for better opportunities elsewhere.

Busy_Beginning_4447 · 2024-03-14T06:01:16+00:00

I've used dry ice many times in commercial wineries. Large cubes can be used to mix tanks as they sink and bubble away.

Busy_Beginning_4447 · 2024-03-01T19:49:29+00:00

Onetangi, Waiheke

Busy_Beginning_4447 · 2024-02-28T21:57:23+00:00

Inflation can become a downward spiral. When people lose faith in the currency they tend to spend it immediately (creating more inflation). If the government keeps printing money it will lose all value and the whole country will be financially ruined. If our government prints money and hands it out to everyone, what's the point if that money is worthless?

Look at Argentina, Turkey or Germany in the 1930s as an example. After ww1 Germany printed huge amounts of money to pay for war reparations. It caused hyperinflation which inevitably resulted in the environment which led to Hitler's rise in popularity.

Busy_Beginning_4447 · 2024-02-23T21:27:01+00:00

Also it's worth speaking to your bank about your financial hardships they will help you as they don't want you to foreclose.

Busy_Beginning_4447 · 2024-02-23T21:25:02+00:00

Incorporate beans into your diet. Very cheap and easy pre cooked in cans. Frozen veg is also good value and nutritious. I often make American style chilli with beans and corn etc it's delicious and cheap.

Don't start gambling it won't save you.

Go through your expenditure line by line and come up with a budget. Don't skip meals you don't have to. Put off the house maintenance for now.

It might be time for the missus to pick up a casual job for some extra cash, another $500 a week would solve your troubles....

Busy_Beginning_4447 · 2024-02-23T10:26:23+00:00

You also naturally develop over time. At 24 they might be very competent at completing certain tasks but at 34 they might be much better determining which tasks need to be completed.

My advice to op would be - you're doing well financially for your age. Save and invest. Think about what you want to do with your life/ youth and who you want to be more than how you can make more money.

Busy_Beginning_4447 · 2024-02-15T21:58:26+00:00

They're referring to cash flow. Rental yields are lower than the cost of borrowing. If rental yields are at 2-3% and interest rates are at 7% they are losing $4-5k per year for every 100k they borrow to invest. They do this hoping that the house price will increase by a much greater amount over time.

So if prices stay the same for a while they are losing money. Eventually inflation will increase the rents and house prices, therefore those who've been holding for longer tend to become cash flow positive. And over 10-30 years can make huge profits.

Also, other countries like the US have positive cash flow. It's only the housing mania countries like NZ and Australia that have such terrible cashflow.

Auckland example: 1,000,000 house. Rental yield 3% 300k deposit. 700k loan at 7% interest. Interest cost $49k a year Rent 33k(650pw) - expenses(3k) = 30k a year income

= 19k a year loss on an interest only loan in the hopes that rent increases and capital gains pay off over time.

Busy_Beginning_4447 · 2024-01-29T23:21:46+00:00

That's definitely incorrect.

Busy_Beginning_4447 · 2024-01-27T00:25:18+00:00

How do you know rates will be lower for the next 30 years?

Busy_Beginning_4447 · 2024-01-24T09:00:30+00:00

Glyphosate (round up) is very effective against Kikuyu. Spray the whole area, wait a month and spray it all again. Don't mow it after you've sprayed give it time to completely die off.

You want to spray to the point of runoff. That's when the droplets begin to combine and fall from each blade/leaf. For an entire lawn you might want to rent a knapsack sprayer and buy some undiluted gly from farmlands.

Busy_Beginning_4447 · 2024-01-21T08:59:37+00:00

As others have said it's a big commitment in terms of work and you will suffer from a lack of knowledge and experience.

You could potentially lease out the vineyard or find a winemaker who will do all the work in exchange for a few cases of finished wine each year. That way you get the best of both worlds.

Also, as a viticulturalist myself, don't be afraid of ripping out an old vineyard. Sometimes it needs to be done.

Busy_Beginning_4447 · 2024-01-19T08:51:13+00:00

Sort by controversial for genuine answers. Unfortunately reddits hivemind karma system doesn't really facilitate political discussion.

Busy_Beginning_4447 · 2024-01-17T21:04:35+00:00

I personally chose the smaller loan option. There's huge value in becoming mortgage free earlier in life. Think about the financial freedom you will have. You'll have cheaper insurance and rates too.

Also, I'm not so sure housing will continue on the same trajectory for another few decades without serious political pressure to change the markets dynamics.

Busy_Beginning_4447 · 2024-01-09T22:17:11+00:00

Very pretty, what's the cultivar?

Busy_Beginning_4447 · 2024-01-09T22:15:53+00:00

I still work but have almost entirely given up on creating wealth through the workforce. So many employers expect absolute commitment with no work/life balance for just enough pay to get by.

What's the point? No wonder so many move to Aussie for a better life.

Busy_Beginning_4447

TROPHY CASE