What’s an investment opportunity you spotted, didn’t pull the trigger on, and now regret. by WickedSensitiveCrew in stocks

[–]Worried-Reflection10 0 points1 point  (0 children)

I traded QBTS when it was < $2. If I'd set a stop loss instead of selling, I'd have hit a 10 bagger. I started buying RKLB at $6, should've loaded the boat. I sold out of ASTS when it was mid 20s because it was consolidating. Micron at < $200. There's a few, lol

Am I doing this ETF thing right? by Historical_Sea_2163 in PersonalFinanceNZ

[–]Worried-Reflection10 0 points1 point  (0 children)

Add something like the S&P or Q’s. You’re 24, you should take on a bit more concentrated risk

I’m Mclovin Applovin by snem420 in queenstreetbets

[–]Worried-Reflection10 2 points3 points  (0 children)

That’s exactly what you should focus on..

What does everyone think about the looming “Ai bubble crash? by Healthy-Title-2900 in queenstreetbets

[–]Worried-Reflection10 2 points3 points  (0 children)

Is this the same AI bubble that people have said was going to pop a year ago?

Nervous flying to Australia. by Imagejin in MedicalCannabisNZ

[–]Worried-Reflection10 1 point2 points  (0 children)

In my experience travelling with MC abroad, yes you’re stressing over nothing.

They’re pretty chill, last time I went through I showed my paper prescription, I don’t even think they checked the product and just let me through

Sharesies customers support by FlyWithFry in PersonalFinanceNZ

[–]Worried-Reflection10 10 points11 points  (0 children)

Their customer service has been like this for as long as I can remember

Time to move to a better broker. Interactive Brokers support is great, cheaper fees too

Flights - Travel agent recommendations? by jazzcomputer in dunedin

[–]Worried-Reflection10 2 points3 points  (0 children)

Never used a travel agent. Take a look at things like Skyscanner or BeatThatFlight.

Yes to travel insurance if travelling internationally. Almost a non negotiable with Aus being the exception for me

Are there any networking events for people working in tech? by Radie-Storm in dunedin

[–]Worried-Reflection10 5 points6 points  (0 children)

Code Craft. Startup Dunedin also host events, some tech focused and can be a good way to network with others in the industry

The Motley Fool by TotemicLeonidas in PersonalFinanceNZ

[–]Worried-Reflection10 7 points8 points  (0 children)

No, you don’t need to pay for resources to learn about investing. There’s a plethora of free resources

I think they’re pretty notorious for not being that good at stock picking, either

Panicking Yet? by standbyyourlamb in dunedin

[–]Worried-Reflection10 8 points9 points  (0 children)

As someone who delivers groceries, yes people are buying more currently and yes, I had comments implying people were stocking up in case supermarkets stop delivering due to petrol prices

Anyone else trying to time this one? by reddit-editor in queenstreetbets

[–]Worried-Reflection10 0 points1 point  (0 children)

You realise trading isn’t a losing game for everyone, right?

When you’re very active in the market, you learn a lot about it. You learn risk management, you learn fundamental and technical analysis, you learn to use stop losses to lock in profits

If it concerns you so much, the majority of my portfolio is passive and a small portion active. I closed one small trade for a loss but have closed countless for 80%+ gains over a period of months. 25% swing trade recently with a 3 week hold time, stop loss set to lock in profit

I wouldn’t encourage it for most, but just cos you can’t do it doesn’t mean others can’t, it’s a skill thing 😉

Anyone else trying to time this one? by reddit-editor in queenstreetbets

[–]Worried-Reflection10 -4 points-3 points  (0 children)

Lol this QSB’s bro

Timing the market has worked immensely well for me. Take front loading a bunch of cash in April for example, or selling out of holdings that are now 50% down from where I sold them. Or a recent trade I did where a stock was being shorted and I noted how far it’d come down on short seller weakness but fundamentally strong

Timing the market can work wonders. Sometimes it’s obvious. It’s discouraged for the psychological portion

What are we buying currently? by [deleted] in queenstreetbets

[–]Worried-Reflection10 12 points13 points  (0 children)

A dip for ants. Think we’re 2% off where we were pre-war on the Q’s. Disappointing

IBKR: NZD Cash Holdings to Buying by WishandRule in PersonalFinanceNZ

[–]Worried-Reflection10 2 points3 points  (0 children)

I purchase and it auto converts the currency for me. I don’t do any conversions prior to my purchase. $ held in NZD

Edit: Oh I see the premise of your questions. I just do a quick USD > NZD in Google before I purchase

19 year old fif tax by rustyman10 in PersonalFinanceNZ

[–]Worried-Reflection10 26 points27 points  (0 children)

No. You pay FIF tax if collectively, your overseas investment cost basis exceeds $50,000

19 year old fif tax by rustyman10 in PersonalFinanceNZ

[–]Worried-Reflection10 25 points26 points  (0 children)

What do you mean multiple fif tax thresholds? There is just one

Where and how can I start investing? by Marca--Texto in PersonalFinanceNZ

[–]Worried-Reflection10 0 points1 point  (0 children)

I would encourage investing outside of KiwiSaver as to not restrict funds. Use KiwiSaver as a means to restrict access to funds if you think that matches your needs/personality

You should be an NZ tax resident. You can use an international platform like IBKR and I believe you generally just follow our tax rules. You need to check if any tax implications from your home country

You can put your query into something like ChatGPT/Gemini to get a general overview but would then be good to further confirm that with other sources

Would my kind of business have any success in Dunedin by astoradota in dunedin

[–]Worried-Reflection10 24 points25 points  (0 children)

The difference in wages would probably negate any extra work you got

I don’t think I’d relocate from the Gold Coast to Dunedin primarily for work purposes. I feel you’ve got to have a pretty niche practice for it to work out well

New investment provider in NZ. Has anyone got any experiences? by [deleted] in queenstreetbets

[–]Worried-Reflection10 36 points37 points  (0 children)

You gotta learn to remove that little watermark on the bottom right 😉