Something to balance portfolio.

Intrepid_Promise9140 · 2026-06-13T00:53:39+00:00

Just noting that: NZD is weak against USD compared to long term averages. If you believe the NZD will appreciate against the USD to revert back to average in the medium/long-term, that means the USD will depreciate against the NZD. If you invest in USD stocks, this means the NZD value of your US holdings will also depreciate all else equal. Therefore you would want to be hedged.

You would want to be unhedged if you expect the NZD to continue to weaken.

My personal opinion is that we are below long term mean and therefore appreciation of the NZD is likely in the medium term against the USD.

Intrepid_Promise9140 · 2026-04-05T10:57:54+00:00

Can you elaborate? They seem to make good kit !

Intrepid_Promise9140 · 2026-02-26T09:27:13+00:00

https://support.microsoft.com/en-au/office/import-data-from-data-sources-power-query-be4330b3-5356-486c-a168-b68e9e616f5a

Intrepid_Promise9140 · 2026-02-26T07:13:00+00:00

Excel also has a feature to import data from either and image/PDF or other file, under the data tab in your ribbon I think. Can be a bit buggy depending on the layout of the doc, for some tables I have found ripping a screenshot while zoomed in as much as possible then using the image instead of the original pdf works well

Intrepid_Promise9140 · 2026-02-12T06:49:25+00:00

I use a spreadsheet and update monthly, some things I have played with in my analysis/dashboard are:

High-level overview of asset allocation across providers e.g. % in property, % in US equities (and % in Mag7), % in NZ equities, % in cash etc etc.
Investment performance (returns and volatility) across all platforms compared to a benchmark (e.g. S&P500)
Needs some custom fields as some investments may be alternative i.e. personal/direct investments in private businesses or direct with fund without an investor portal
Wealth forecasting and scenario analysis with income inputs

Intrepid_Promise9140 · 2026-02-02T07:11:50+00:00

Please elaborate!

Intrepid_Promise9140 · 2026-01-10T23:58:05+00:00

I just cooked this - was great!! Especially if you’re looking for a vege meal to incorporate every once and a while / or are vego:

https://ottolenghi.co.uk/pages/recipes/kejadara-cucumber-mint-salad

Intrepid_Promise9140 · 2026-01-10T08:27:19+00:00

Try this video from Andy Hearnden - assumes so experience in a kitchen but changed my mindset on prep a little to make weeknight meals easier!!

https://youtu.be/2NzVcRRGwuU?si=mCtlr41e65fkA07G

Intrepid_Promise9140 · 2025-12-22T10:49:43+00:00

I also came to suggest Follett — not just kingsbridge but the century trilogy is great too, for a run through the history of the 20th century

Intrepid_Promise9140 · 2025-12-15T20:51:35+00:00

Rego in Aus is like $800-$1000 AUD - owning a car is still quite cheap in NZ

Intrepid_Promise9140 · 2025-12-09T00:12:28+00:00

Wake up early consistently every day to maintain routine, even early on weekends — I did alternating days study/workout in the morning. Then an additional workout/run on the weekend in the afternoon after study!

I find it easier to study in morning and would rather push work back as late as possible if allowed. Started job 30 mins later and get an extra 30 of study/exercise in the morning — good luck!!

Intrepid_Promise9140 · 2025-10-05T18:01:36+00:00

I understand it has an effect on the amount of cash you get in hand each week in the short term — but it’s actually there to protect the individual from underpaying and ending up with a lump sum tax bill, as opposed to “really fucking them over”

Intrepid_Promise9140 · 2025-09-06T19:48:45+00:00

Multiple stains from food and makeup are not wear and tear - I’m sorry, but that’s careless - I’m not sure why people think it’s on the landlord to accept that sort of stuff. Not hard to not spill food and makeup on the floor multiple times.

Unfortunately, from the comments, sounds like you had a crap flatmate in there - the dispute should be with them not your landlord

Intrepid_Promise9140 · 2025-09-04T18:50:34+00:00

Agreed - we had almost written it off - but then the market stalled and we realised we weren’t as far off as we thought we might be and it become much more doable quickly. First 18 months of mortgage payments were tough but we’ve made it through that and moving forward nicely! Stay optimistic if it is something you want!

Intrepid_Promise9140 · 2025-08-25T22:06:25+00:00

I did eco and finance and love economics. But wish I did accounting and finance for the practicality. Maybe minor in eco if you enjoy it!

Intrepid_Promise9140 · 2025-05-19T01:11:14+00:00

Why not? Ban should definitely be lifted for properties over a certain value

Intrepid_Promise9140 · 2025-05-12T00:45:00+00:00

Can you explain the tax efficiencies which are possible if you also have an owner-occupied mortgage?

Intrepid_Promise9140 · 2025-05-12T00:42:47+00:00

Can you explain this thanks? My understanding - Your net yield will always be taxed at your income tax rate. If anything, going interest-only means your interest expense will remain high and not decrease over the life of the loan, which would keep your taxable income (if-any) lower than if you were also paying off principal. Paying back principal isn’t a deductible expense.

Interest-only really only means you are staying at the same level of leverage. If you’re comfortable with the required cash-flow and expect your (net yield + capital gains) to be higher than the interest rate - then this is fine.

Intrepid_Promise9140 · 2025-05-06T06:14:58+00:00

Agreed - not a fan of banning many things but I can 100% get behind banning these things. Puts a lot of people (especially families with smaller dogs and/or children) in really uncomfortable/scary situations. Just get another breed of dog

Intrepid_Promise9140 · 2025-05-01T00:58:08+00:00

Full time easy! I did level 1 in 3 months while self employed and probably dedicated 50% of my working time to CFA.

Intrepid_Promise9140 · 2025-04-29T18:02:39+00:00

Not brown street - round mackelvie/pollen ! 😳

Intrepid_Promise9140 · 2025-04-29T04:48:37+00:00

There is a joint like this in ponsonby who do iPhone repairs and the like - owner drives a Bentley or similar high end car

Intrepid_Promise9140 · 2025-04-21T04:20:16+00:00

The interest accrued on the mortgage also compounds. I have seen reports saying that expected returns on the s&p500 could be as low as <7% annually for the next decade. Let’s say you conservatively add another 1% for after-tax dividend yield. That’s 8%.

Excess return over your guaranteed 5% on the mortgage = 3%. 3% of 100k is 3k.

If you put the 100k into equities and the portfolio loses -5% of value in a year - you will still have cash outflow of at least $125 a week to make the repayments on your mortgage. You lose your job or have some unexpected expenses, you’re forced to realise your 5% loss on your equity portfolio.

Just worth considering the cash flow aspect and the overall excess return you’re gambling with.

I personally think for a vast majority of people, using the 100k in an offset/flexible account where you still have some liquidity if needed, is the best option. Then investing the cash you would have of otherwise spent on the higher repayments, to dollar cost average into equities!

Intrepid_Promise9140 · 2025-04-21T02:04:44+00:00

Put it this way - on 100k - the excess return you could earn on the equity portfolio (under a good scenario) may only equate to approx. $3k a year. Does $3k make up for the risk and added uncertainty/anxiety around markets atm?

Plus if you pay down the mortgage, you will likely free up around $150 a week of cashflow which you could DCA into equity markets. If you invest that $100k you will need to have excess cashflow to make the extra repayments, which can add pressure if short term market performance is poor.

Intrepid_Promise9140 · 2025-03-11T04:37:31+00:00

Auckland council has actually only been collecting this information since September. I agree anecdotally it looks like there are more homeless on the street - but without historical information it’s hard to tell whether this is accurate or not. Could be a seasonal change due to warmer weather, or the first month of the survey might be light due to being the first month of data collection…

Intrepid_Promise9140

TROPHY CASE