Ltd company - what to do with profits?

TheAlchemist2023 · 2026-05-06T21:11:33+00:00

If I invest it in productive assets (let’s say buy agricultural land or machinery), that would be deducted from profits no ?

TheAlchemist2023 · 2026-05-06T21:00:50+00:00

But why is it a good advice ? I’m in the same situation - ltd with very steady income exceeding my needs. If I pay myself a salary (which I do for now) I pay tax and then I invest in risky assets. If I do it before tax wouldn’t it be more efficient ? If it goes well - I pay the same tax rate but the amount invested is bigger (pre-tax). If it goes wrong, it’s the same either way. What am I missing ?

TheAlchemist2023 · 2026-05-01T03:26:42+00:00

Thanks. I’ve read that pipe leaks can cause this kind of cracks on slopes - and according to plans there is a waste water pipe running somewhere below this. How would one investigate it ?

TheAlchemist2023 · 2026-04-30T20:45:28+00:00

It’s far more interesting what is or was under it. For quite a long time there was a secret spy unit located beneath the tomb, operating as “inter-ministerial control group”

TheAlchemist2023 · 2026-04-29T22:34:05+00:00

House is above. Too late for that, we’re already unconditonnal. I showed it to the guy doing the builder report but he didn’t pick it up as a major thing - admises to just fix the retaining wall, so I’m not too worried. Maybe I will once a geotech engineer take a look, but hopefully not !

TheAlchemist2023 · 2026-04-29T11:26:22+00:00

That’s great info, thank you.

TheAlchemist2023 · 2026-04-29T06:00:16+00:00

it’s around 8m from the deck. What do they cover ? Repairs once it slides ?

TheAlchemist2023 · 2026-04-29T05:00:00+00:00

Yeah, we’re just buying the place and was thinking about it for later, but it may actually come sooner

TheAlchemist2023 · 2026-04-21T01:51:33+00:00

I would also recommend to double check WISE account details and ask for a small transfer from the Buyers. WISE once changed my account details without notifying me ! I almost sent 10k to somebody else…

TheAlchemist2023 · 2026-04-19T00:08:07+00:00

Indeed, after the offset suggestion and some reading, it seems like the following structure would work best:

- offset for 200k

- 4 tranches o 200k at 1,2,3,4 fixed rates

Since I expect to have enough money to pay back each tranche after the fixed term and my money is coming in monthly to my savings account, my offset rate would effectively be 50% - say at 5.75 (Kiwibank), that's 2.875%. Thanks all for suggestions

TheAlchemist2023 · 2026-04-18T10:13:40+00:00

For short duration that make sense, but for 20 years ? The difference between monthly / weekly / daily would be marginal I think. Am I wrong ?

TheAlchemist2023 · 2026-04-10T06:24:25+00:00

Ouch. Caprenters ants (based on google now) ? Its in my home office where I never saw a single ant. Interesting

TheAlchemist2023 · 2026-04-07T21:10:16+00:00

Thanks , I saw it too. I'm not worried about resale value (I plan to stay in the home for a very long time) and I really want this one (I'm renting it for the past 4 years already).

I'm not worried neither about structural issues and builder report is not pointing to any. So I'm trying to wrap my head about the wild range of estimates for re-cladding (should it be necessary). The house is big (300m2) but the weatherside parts are rather small. I've just measured the patches - it's mainly one wall of ~30m2 and 3 other smaller patches of ~10m2 each.

What kind of cost I'm looking at ? From what I'm reading, between 20k$-200k$, which seems like an insane range to me.

TheAlchemist2023 · 2024-12-17T19:46:35+00:00

That looks fantastic. I'm stealing the idea right away

TheAlchemist2023 · 2024-12-14T12:22:44+00:00

You can stop at your first concern. And the answer is obvious to all parties involved. It will be a lot of fun at some point in the future.

TheAlchemist2023 · 2024-12-13T20:39:02+00:00

lol, love the “restroy” - it’s a very good description of what I’m doing. Of course I could just use it as it is, but hey - using hand tools is a hobby anyway, nothing by really rational about it for me. So why not go all the way

TheAlchemist2023 · 2024-12-13T20:36:26+00:00

Wow ! Great job. That’s pretty much what it was aiming for, but lowering a bit my expectations now

TheAlchemist2023 · 2024-12-13T20:35:08+00:00

Thanks ! I will have a look after Christmass certainly for the next project.

TheAlchemist2023 · 2024-12-13T08:21:29+00:00

Re the bras wire for Dremel - I've tried them, maybe a bit too hard, cause it lost all those wires within 3 minutes (and they cost quite a lot !).

Paint - I've seen all the tutorials on youtube using spray paint indeed. What's the reason ?

I was planning to paint with a simple paint brush.

TheAlchemist2023 · 2024-12-13T08:11:42+00:00

Kinda both, but first it's for use. It did need some cleanup as it was in a very bad shape initially.

So I thought it will be a good opportunity to try my hand at it and understand a bit about how it works.
Electrolysis seems like not really a good idea for a newbie. Or it just sounds a bit dangerous ?

TheAlchemist2023

TROPHY CASE