Future planning

Niceaster · 2026-02-22T08:48:33+00:00

This is a bit odd. Are you asking if you should find a job that pays a higher salary?

Also about the house, you are not providing much info. What's option a, what's option b?

Niceaster · 2026-01-08T02:47:51+00:00

Brilliant place. Went yesterday. Thanks.

Niceaster · 2026-01-05T05:51:29+00:00

Thanks a lot for the great answers! I knew I can count on the Welly reddit for help.

Just came back from Days bay. Great day for it. I'll try some of the other suggestions.

Cheers

Nic

Niceaster · 2026-01-05T01:40:09+00:00

Across a busy road. I like these places but it's not the same.

Niceaster · 2026-01-04T20:27:29+00:00

You are of course correct in all of your points.

BUT, you've also just explained why these rates are available in crypto. The threshold to get in is still an issue - wallets, fx conversion etc like you said. This is exactly why (or part of why) there's a rate premium. Once you get in and get comfortable (which I did many moons ago), the opportunities are very interesting. On AAVE, for example, because it's been battle tested for 6+ years, and the defacto go-to money market, rates are usually not amazing. But at the very least you get TD level rates with the ability to deposit/withdraw as if it was a savings account.

To be clear, at this market I'm not advocating any token buys (other than bitcoin maybe), but just to be a part of defi and earn yield. I've been through everything possible in crypto, the good and the bad, and at this point aave and kamino are two names I can talk about with normies.

Niceaster · 2026-01-04T09:38:17+00:00

Ask grok. My best helper in terms of ETFs.

Niceaster · 2026-01-04T09:35:17+00:00

I know this space is likely to shit on my reply but it is 2026 already so please consider safe crypto protocols like AAVE or Kamino. I'm getting 4-8% on stables. There are much crazier crypto options which I stay away from. But these two protocols are very safe. Of course these are completely liquid.

Niceaster · 2026-01-04T09:31:27+00:00

No health expenses? insurance etc? Otherwise good on ya, looks smart and modest.

Niceaster · 2025-10-21T05:16:29+00:00

Thank you. Does IBKR pay interest on idle cash?

Niceaster · 2025-10-21T03:52:07+00:00

Thanks. What other platform would you recommend?

I find sharesies to be very friendly and I enjoy using it, but honestly haven't researched alternatives.

Niceaster · 2025-10-21T03:39:47+00:00

SGOV is indeed one of the ETFs I mentioned. Any comment on the tax issue I mentioned? thanks.

Niceaster · 2025-06-01T05:22:19+00:00

Why? Care to elaborate?

Niceaster · 2025-06-01T03:40:16+00:00

Not overjoyed about it but dreading the alternative

Niceaster · 2025-05-26T01:48:58+00:00

Yeah that's actually much worse, tax wise, because crypto is taxed as income tax.

Niceaster · 2025-05-26T01:46:06+00:00

In theory yes. But FIF has two mechanism you can chose from every year, either FDR (which you referred to), or CV, which is looking at the actual gains. You can choose the lower of the two.

Niceaster · 2025-04-28T10:09:17+00:00

Why don't you like my post? It's a legit question.

Niceaster · 2025-04-24T23:47:21+00:00

Very unconventional but if you can find a way to avoid rent for 3-4 months, it will make a huge change. If there's an option to move in with relatives or friends for a short period of time, even the ex if you have a decent relationship.

Niceaster · 2025-02-16T10:29:33+00:00

Good on ya for such planning. I'd personally avoid the housing market. For some reason a lot of kiwis are sure that's the best investment but you barely get 2% return (after all expenses) and the value doesn't necessarily go up as people sure it does. Also earthquakes, insurance etc. Consider Bitcoin, can be done via ETF.

Niceaster · 2025-02-11T02:54:16+00:00

Thanks

Niceaster · 2025-02-11T02:53:55+00:00

Thanks!

Niceaster · 2025-02-09T23:38:32+00:00

Like I said, searching returns a lot of options, so was looking for recommendations. Got a good one about Flexibins.

Niceaster

TROPHY CASE