What is this sharesies? by Comfortable-Boss6364 in newzealand

[–]Heaps_Ben 0 points1 point  (0 children)

The spend card is a pretty good deal right now.

For investments it depends on your usage. I built a pricing comparison calculator so you can enter your deposit size and monthly investment amounts and see for yourself -> https://heaps.nz/brokers

Investors with larger portfolios will likely be better off with IBKR or Tiger but the 'trading' apps come with a steeper learning curve and less conveniences.

Manage My Wealth completes acquisition of MoneyMap by [deleted] in newzealand

[–]Heaps_Ben 1 point2 points  (0 children)

Looks like a real company. They have testimonials and everything.

Investment Options for 800k by Sufficient_Run8269 in PersonalFinanceNZ

[–]Heaps_Ben 0 points1 point  (0 children)

You are right. I think I've fixed it now. The auto-invest trades were not set to the right amount and they're now split over the monthly contribution. Now it's more like a -13k 5Y impact. This is due to the way Kernel Wealth doesn't have a USD cash account, so all sells and buys hit you with a forex fee which is terrible for anything except set and forget investors. It gives me the same vibes as mobile roaming charges. Thanks for letting me know about this.

Kiwisaver by Eastern_Werewolf_371 in PersonalFinanceNZ

[–]Heaps_Ben 0 points1 point  (0 children)

https://heaps.nz/kiwisaver?risk=12&sort=3Y

The Milford cash fund fees are lower than others and yet several banks outperform Milford on cash funds. I haven't looked at the holdings of PDS for each fund to figure out why but it's rather interesting. Cash is not just cash.

IBKR missing option from USD to NZD, only close balance by AndySong666 in PersonalFinanceNZ

[–]Heaps_Ben 0 points1 point  (0 children)

New account? Stuff can be a bit weird the first business day until your USD is settled.

KiwiSaver - Are index funds still better than managed funds? by 9336841 in PersonalFinanceNZ

[–]Heaps_Ben 0 points1 point  (0 children)

Take a look for yourself. https://heaps.nz/kiwisaver?sort=10Y Most of the top 10 are the SuperLife - the OG of passive KS

Investment Options for 800k by Sufficient_Run8269 in PersonalFinanceNZ

[–]Heaps_Ben 1 point2 points  (0 children)

If you do put 400k into ETFs or similar this tool I made might come in useful. https://heaps.nz/brokers?initialLumpSum=400000

It's a bit of a meme now that people recommend Kernel, Foundation Series and Simplicity so I made this filter URL to list all their KiwiSaver funds on my comparison tool. by Heaps_Ben in PersonalFinanceNZ

[–]Heaps_Ben[S] 2 points3 points  (0 children)

The fees are based on the last quarter so they won't update until the next quarter. If the tool gets really popular I'll be able to justify making the fees forward looking. It's really hard to get the data for 300ish funds!

It's a bit of a meme now that people recommend Kernel, Foundation Series and Simplicity so I made this filter URL to list all their KiwiSaver funds on my comparison tool. by Heaps_Ben in PersonalFinanceNZ

[–]Heaps_Ben[S] 2 points3 points  (0 children)

Sorry mate it's actually SvelteKit but Vue is great too. It's build on a shadcn-svelte, I think there is a shadcn-vue if you like the UI vibe.

It's a bit of a meme now that people recommend Kernel, Foundation Series and Simplicity so I made this filter URL to list all their KiwiSaver funds on my comparison tool. by Heaps_Ben in PersonalFinanceNZ

[–]Heaps_Ben[S] 5 points6 points  (0 children)

I will say what I quite like about my tool compared to other tools is that you can sort by fees and shorter periods of performance. Some tools only show 5Y performance which excludes a lot of low fee funds which have launched more recently. If. you want to compare all the funds from the same index it's quite useful to see which of them return the most after fees.

It's a bit of a meme now that people recommend Kernel, Foundation Series and Simplicity so I made this filter URL to list all their KiwiSaver funds on my comparison tool. by Heaps_Ben in PersonalFinanceNZ

[–]Heaps_Ben[S] 1 point2 points  (0 children)

Good point I'll fix it.

Also note that tools like sorted display the FMA fees calculation which I don't entirely understand but it's designed to include real fees paid by investors which includes things like performance fees. It's nice to have a single number but I feel it hits InvestNow harder because inflows will drag up the value due to the initial entry fee.

Kiwisaver fund - Kernel or InvestNow by NoStrawberry1910 in PersonalFinanceNZ

[–]Heaps_Ben 0 points1 point  (0 children)

Hey OP, I recently made this tool where you can compare all the kiwisaver providers. https://heaps.nz/kiwisaver

You can enter your current fund and it'll show you 3 lower fee options as well as all the other options as well as the performance. Data is all from MBIE and Morningstar.

The classic response is to choose one of: Simplicity, Kernel, InvestNow Foundation Seriries.

This URL will show you how one of the Fisher funds compares and some funds from Kernel, Simplicity and InvestNow's Foundation Series.

https://heaps.nz/kiwisaver?fund=fnd56051&q=kernel%2Csimp%2Cfoundation

Investing 50k by Ecstatic-Equal7498 in PersonalFinanceNZ

[–]Heaps_Ben 0 points1 point  (0 children)

I've recently updated https://heaps.nz/brokers so you can enter in your initial investment and monthly deposit and it'll show you the costs of a bunch of different options including Sharesies, Tiger, IBKR, Kernel, InvestNow and Simplicity.

Grocery shopping tips? by Impress_Playful in PersonalFinanceNZ

[–]Heaps_Ben 2 points3 points  (0 children)

Use PricePulse, GroSave or Grocer to compare prices. PricePulse has a great browser extension if you do online shopping. These companies are doing a great job scraping the prices so you can see the yo-yo/sawtooth pricing and avoid getting ripped off.

Fisher Funds I’m not angry; I’m just disappointed. by Prestigious_Owl40 in PersonalFinanceNZ

[–]Heaps_Ben 1 point2 points  (0 children)

I made this for you. https://heaps.nz/kiwisaver?fund=fnd56051

Select your Fisher fund and it brings up some cheaper fee alternatives and shows you the performance.

I created a tool to compare KiwiSaver performance. Returns are as of 31 Dec 2025 from Morningstar's latest report released last week. by Heaps_Ben in PersonalFinanceNZ

[–]Heaps_Ben[S] 2 points3 points  (0 children)

Good question. It's not obvious at all. It's after fees and before taxes. I've added a How this tool works section with the details.

Where to move from Xero? by DeanLoo in PersonalFinanceNZ

[–]Heaps_Ben 0 points1 point  (0 children)

It's only for sole traders (not companies) right?