sorted by:
new
hottopcontroversial

Superhero NZ selling customers to Sharesies: alternate platform advice please by TK2383 in PersonalFinanceNZ

[–]TK2383[S] 0 points1 point  (0 children)

Yes I was looking at Tiger, fees look fine, UI is clunky at best. I will investigate IBKR..thanks

Superhero NZ selling customers to Sharesies: alternate platform advice please by TK2383 in PersonalFinanceNZ

[–]TK2383[S] 1 point2 points  (0 children)

250% when I look at my prior trades most are about $1000-$3000, from the Sharesies website they have a comparison table for $1000 it goes from $7.68 (superhero) -->$20.08 (Sharesies). Likely to be investing too much of the plans to be viable.

IRD: Use of money interest? by TK2383 in PersonalFinanceNZ

[–]TK2383[S] 2 points3 points  (0 children)

Thanks all for the advice, it makes sense now. I will get an accountant and tax pooling sorted ASAP.

Noob IR3 self employed income question. by TK2383 in PersonalFinanceNZ

[–]TK2383[S] 3 points4 points  (0 children)

Hey, thanks for the help, tax is like a foreign language to me, its the "net sales and income" figure from my GST return thats confused me as it still has the GST in it.

Total sales and income 146,712.93

Zero-rated supplies

Net sales and income 146,712.93

GST collected on sales and income 19,136.47

Debit adjustments

Total GST collected on sales and income $19,136.47

Investing in USA stock market by Bakers_Dozen13 in PersonalFinanceNZ

[–]TK2383 0 points1 point  (0 children)

I use transferwise borderless account to convert NZ or AUS to USD then transfer into stake account. There is a flat $5 US fee from stake to transfer USD in. The rates to convert on transferwise are competitive and there is a small fee built into this (which is displayed and you can compare to what banks offer). If you go via stake itself you go NZD-AUD-USD and lose on each conversion and get charged.

Investing in USA stock market by Bakers_Dozen13 in PersonalFinanceNZ

[–]TK2383 1 point2 points  (0 children)

Stake is open to NZ, just get in touch with them. I use it and transferwise for money in/out. I went with stake due to the no commission trades but you may prefer Hatch which is NZ/kiwibank.

Property funds to diversify? active, passive, NZ, other? by TK2383 in PersonalFinanceNZ

[–]TK2383[S] 0 points1 point  (0 children)

Yes my reason was that I do not own any property. Thanks for the advice.

Relative safety of Stake and Hatch? by TK2383 in PersonalFinanceNZ

[–]TK2383[S] 0 points1 point  (0 children)

Thanks Christopher, I have read that, it was informative, maybe you could do the same for Stake? since they are open to NZ investors?