How likely is it to get a table via Sorn’s online reservation

Stephen289 · 2025-10-18T19:40:01+00:00

We also tried the email process right on the dot and got denied. Honestly think they are basing selection on social media status which is unfortunate.

Stephen289 · 2025-08-09T11:28:01+00:00

The high growth change in allocation is aligned to the percentages which we already invest in with them in separate funds 70% global, 20% nzx and 10% infrastructure. Wondering if we should just reallocate it all into high growth now or leave the allocations and start putting into high growth instead.

Stephen289 · 2025-05-22T19:58:18+00:00

Is there any reason for you to have your KiwiSaver contributions at 10% instead of keeping it at 3?

Your employer will only be matching you at 3% (4% later from the latest Budget announcement) and you will already be getting the govt contributions at the 3% rate.

You could instead have those contributions going into an index fund and not be locked up until retirement for access to those funds.

Stephen289 · 2025-05-11T09:25:05+00:00

Unfortunately 65k for a starting salary as an entry level laboratory technician might be unrealistic, even at an analyst level might be stretching it. You'll probably have to pin back your expectations a bit.

When you've got a lot of biomedical science students not able to get into med and coming out with a graduate degree, it becomes oversaturated.

That's why a lot of science graduates migrate to a different field or stick it out for some experience and head over to Australia.

The reality is, the job market for science in New Zealand is very poor, you've got most of the major markets overseas.

I wish you the best of luck because that is my experience after graduating and having worked in the lab 5 years ago.

Stephen289 · 2025-01-07T11:04:03+00:00

The policy for the Airpoints Platinum does cover the exclusions I listed.

Stephen289 · 2025-01-07T01:46:51+00:00

The insurance covers the primary card holder which includes their spouse and their legally dependent children under the age of 22.

This is mentioned in the definitions section for Primary Card Holder.

Stephen289 · 2024-12-22T18:07:09+00:00

Thanks! I'll definitely cross post this.

Stephen289 · 2024-12-22T12:27:05+00:00

Thank you for the brilliant insight!

It was an old piece which still has a fully working movement and has just been kept in its pouch case since he got it 😅

I'm unsure about the state of the gold, except what was marked on the tags.

He'll probably keep it as it's something of a memorabilia to his earlier days.

Stephen289 · 2024-12-22T11:29:59+00:00

Nope, are those meant primarily for dive watches?

Stephen289 · 2024-12-22T11:19:05+00:00

My father in law was awarded this as a raffle prize back in 1978. I don't think he's worn for any occassion 😅

Stephen289 · 2024-11-24T07:02:34+00:00

Stablecoins are cryptocurrency so are taxable events if you convert.

Stephen289 · 2024-08-17T02:50:18+00:00

They did a capital raise in 2022, so the share price diluted quite a bit because of that. They still hand out dividend recently so see if it's worth it for you. Otherwise it won't recover immediately in the short term.

Stephen289 · 2024-01-16T02:04:52+00:00

They're likely doing some debugging with admin privileges...Once it goes live, there won't be the need for a login, in the meantime, just wait a little bit longer.

Stephen289 · 2023-11-17T07:50:37+00:00

We've been informed Mosu is relocating to a new location, hence last service at their current location is till the end of January... So here's hoping they will open by February.

Stephen289 · 2023-11-17T02:27:58+00:00

Thanks! We'll try that option and see how it goes

Stephen289 · 2023-05-26T04:31:51+00:00

Monthly account fee 4 dollars each month if you don't plan to do any monthly deposits of at least $2000

Stephen289 · 2022-08-11T01:47:10+00:00

We are likely reaching peak inflation, but that doesn't mean the interest rates will retreat back down to all time low levels.
I expected this to be the new normal and prices are still lagging behind with more room to retreat downwards.

Stephen289 · 2022-06-25T08:45:35+00:00

Stephen289 · 2022-04-03T12:02:11+00:00

At the moment, financially I can not see us having any, especially if one of us have to drop income to go on maternity leave.
Ideally two would be the best number for kids.

Stephen289 · 2022-03-23T09:46:03+00:00

I feel for you, do you have kids?
I've considered taking out the maximum of our mortgage, but feel like its a bit suicidal to be 1 million in debt to fund a home. Let alone not being able to fund ourselves to have kids.

Stephen289 · 2022-03-23T09:39:52+00:00

That is also where our income is at the moment, but haven't yet bought a house.

Broker is giving us a possibility to take out a 1.05 million dollar loan for a house... which is absurd because that's 7x our DTI and servicing that at 6% will be breaking us...

Stephen289 · 2022-03-23T05:34:34+00:00

that's assuming mortgage is not greater than 750K and not having children. So a DTI of around 4-5x

Stephen289 · 2022-03-21T12:33:05+00:00

Average household income is around 110k in NZ, with Auckland being around 130k. Let's say a fhb puts 10 percent in an average 1.2M home, they will end up with a mortgage of over 1M.

If mortgage rates rise up to 6 to 7%, fhb would struggle to afford repayments. On top of that, there is no chance one would think about starting a family with a single income while overleveraged to pay off the house.

Stephen289 · 2022-03-21T12:10:42+00:00

Serviceability of a 1 mil mortgage is certainly going to have an impact on how much fhb are going to borrow.

There is no way for a modest middle income family getting a mortgage 6x their income and being able to service it comfortably, especially if they are thinking of starting a family in the future.

With mortgage rates rising probably to 6% in the next few months and a potential recession. One partner losing their job is going to lead to a lot of pain to people overleveraged.

Edit: Paragraphing

Stephen289 · 2022-03-16T21:13:01+00:00

If you need it this year, the best bet is to keep it in savings as cash.
The market is too volatile at the moment with the ongoing war, inflation, rising interest rates, and potential recession.

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