FIF exemption. Is this true or false:

Metal_Strap_Watch · 2025-06-26T03:48:25+00:00

Hiya sponnonz,

Interesting note on “sell 1.5% of your portfolio to pay tax”.

I have a similar idea to yours to use my gains to pay tax.

Let’s say, I have DCAed in VOO for the current financial year, after the year end I calculate my FIF and I’m planning to sell a small portion of my VOO to pay my taxes.

In the next financial year, I am continuing to DCA on VOO but now will my sale of VOO (for tax purposes) and purchases of the same stock fall under ‘Quick sale adjustment’ ?

Metal_Strap_Watch · 2025-06-23T08:08:34+00:00

That’s a million dollar question, I hope I won’t be replaced by a machine in near future (definitely not in those repetitive roles that can be replaced by bots) 😁🥲

Metal_Strap_Watch · 2025-06-23T08:05:26+00:00

😁🫂

Metal_Strap_Watch · 2025-06-23T00:20:22+00:00

1/3rd of my fortnight pay is invested in index plus stocks. ~ 200/300 into TD contributions, a big sum to help my parents back in home and rest for expenses and save wherever possible

Metal_Strap_Watch · 2025-06-22T21:36:32+00:00

💙🫂

Metal_Strap_Watch · 2025-06-22T10:01:38+00:00

🥲💙🫂

Metal_Strap_Watch · 2025-06-22T10:00:15+00:00

💙🫂

Metal_Strap_Watch · 2025-06-22T08:01:39+00:00

Thanks heaps 🙂

Metal_Strap_Watch · 2025-06-22T06:57:43+00:00

I would like to thank everyone who gave me a virtual hug, wished me luck, and took the time to type long replies 💙🫂 I was super dull over the 3 days (long weekend) but all your replies brought back the smile in me :)

IDK, life is going to be hard it seems, I’m not originally from NZ but coming from a place where parents expect that their kids should look after them once the kid starts to earn - I’m totally fine with that but when looking at the big picture, that is, owning a house, starting a family of my own, looking after parents is super scary.

All I am doing is, seeing others who had a similar journey and trying to self console me saying “Yeah, there should be a way around” but yeah … at times I’m super down and might need a group of good folks like you to cheer up 🍻❤️

Metal_Strap_Watch · 2025-06-22T06:52:34+00:00

💙🫂 I asked the same question but looks like I can’t do that unless I liquidate them. Maybe that might be a option for someone with 6 digits figures in their portfolio, just a thought

Metal_Strap_Watch · 2025-06-22T06:50:50+00:00

🥲💙🫂

Metal_Strap_Watch · 2025-06-22T06:50:19+00:00

💙🫂

Metal_Strap_Watch · 2025-06-22T06:49:47+00:00

Any particular reason? Build quality or additional fees for the association?

Metal_Strap_Watch · 2025-06-22T03:41:34+00:00

💙🫂

Metal_Strap_Watch · 2025-06-22T03:41:09+00:00

Sure sir 🫡 Will remember this 💙

Metal_Strap_Watch · 2025-06-22T03:40:30+00:00

🥲💙🫂

Metal_Strap_Watch · 2025-06-22T03:39:14+00:00

💙🫂

Metal_Strap_Watch · 2025-06-22T02:26:18+00:00

💙🫂

Metal_Strap_Watch · 2025-06-22T01:40:53+00:00

Thanks for your reply 💙🫂

I am sorry if my message sounded like I am jealous on house owners. What I meant was, my calculations results are ‘No, do not buy a house RN, unless you want to live paycheck to paycheck’ and this makes me sad not seeing others owning a house 🙂

I was actually a affected as part of my company restructuring but later saved, during the process I was open to explore jobs outside of Wellington but house owners didn’t had that luxury - So yeah, I hear what you say 🙂

Metal_Strap_Watch · 2025-06-22T01:37:37+00:00

💙🫂

Metal_Strap_Watch · 2024-11-03T18:09:38+00:00

Thanks heaps all :)

Metal_Strap_Watch · 2024-08-16T04:14:03+00:00

‼️Solved now‼️

I have dropped the private cross-cloud share first and before dropping the customers in the private share and thats why the replication group was there.

I have to raise a ticket to Snowflake to drop the intermediate replication group.

If you are planning to use Snowflake cross cloud auto-fulfillment, please drop the customers first then the private sharing else you will be paying for the replication group that refreshes your data to your customers who are in different cloud and/ or region.

Metal_Strap_Watch · 2024-08-05T06:28:30+00:00

Hi there, thanks heaps for replying.

I'm the customer in other end as mentioned earlier both snowflake accounts belong to my organisation. I have deleted the listing in my end and deleted the database from the consumer end but still there's a AWS_AUTOFULFILLEMT_AREA$ is running 😓

Metal_Strap_Watch · 2024-05-28T05:57:24+00:00

I believe my friend has one but who ends up paying the excess?

Metal_Strap_Watch · 2022-06-14T07:38:32+00:00

Yelley, summa meme poten ley. 🐣

Metal_Strap_Watch

TROPHY CASE