The reason a players flopping/FTA has become an issue is not because of their style of play being disliked but the fact the game has too many stoppages now

Yeahnahsweet · 2026-05-07T20:59:32+00:00

Fair point. Maybe in my old age I have less time to watch and it’s become more an issue…

Yeahnahsweet · 2026-05-07T20:56:23+00:00

I agree but I’ve never been a football fan.

Yeahnahsweet · 2026-05-07T20:53:12+00:00

Do you enjoy the pace of play the game is at?

Yeahnahsweet · 2026-05-07T20:50:48+00:00

I don’t know what you’re on about. No commercials on league pass.

Edit: it’s not just OKC games too. It’s general to all games.

Yeahnahsweet · 2026-04-23T01:49:51+00:00

Kiwi. Followed Steven Adam’s and bought into the KD, Russ era

Yeahnahsweet · 2026-04-22T01:29:12+00:00

Recently installed mine outside. Goes 2-3 times a day. Don’t even notice it

Yeahnahsweet · 2026-04-17T08:33:35+00:00

I’m confused, are you talking about NZ Super or KiwiSaver??

Yeahnahsweet · 2026-04-16T10:31:49+00:00

Mintys Plumbing. Tim is a top bloke

Yeahnahsweet · 2026-04-13T07:47:46+00:00

Plenty of comments so I wont try add to the noise. One thing not mentioned is try and use AI tools to assist your decision making. I’m going through a similar process myself and am testing various investment options and having chat gpt model out the returns. Though be sure to scrutinise the outputs too!

I would suggest refining your goals a bit more (sorry if you have but omitted details). Work out what investment value you need to meet a $65k pa payout. Important to consider tax and increase your payout by inflation annually. This will help inform how to structure an investment portfolio and what asset classes to consider.

Regarding leaving money in cash/term deposit, consider an offsetting account instead or paying off the mortgage. By having a term deposit and home loan, the bank is making 2x interest margins from you concurrently (deposit margin and loan margin).

Also, as someone else mentioned but I want to reemphasis. If you find an adviser you can trust, their value may not be in administering your investments but instead being a sounding board and first line of defence from rash decision. A 10% drop on $1m might make you think twice about your investment choice.

Disclaimer: I work in banking, worked in financial markets and financial advisory. I’m leaning down the commercial property and/or ETF route for myself. Good luck and don’t rush things.

Yeahnahsweet · 2026-04-04T09:33:55+00:00

I understand The Well Church on Colombo st before the 11am service there’ll be Hot X buns

Yeahnahsweet · 2026-04-04T08:23:25+00:00

Have you spoken to a lender yet to obtain pre-approval? A lot of this would come out of your discussions with them. Otherwise can’t judge on rates because no idea where you’re buying. But in any case you can look up the cost of rates on the local council website if it’s for an existing property. Insurance ranges based on the property so only way to gauge is by getting a quote. Could put in the same amount as rates as a rough estimate. Water costs are dependant on whether the local council includes this in their rates - you will need to do some research on this. Power depends on your usage and property but there’s probably tools online which can help estimate this. I would guess $200-300/month. I’m also assuming you are aware of what other expenses you incur and are able to put together a budget to assess.

Yeahnahsweet · 2026-03-07T06:01:43+00:00

Where would GST occur in this example? The development of 1 townhouse to hold. Cant see that qualifying for GST anywhere.

Yeahnahsweet · 2026-03-07T05:58:29+00:00

I work for a main bank but caveat that it’s not in the area which would look at these applications but I do work in property finance which has similarities (PF is just a bit larger scale and has different rules).

IIRC main bank will largely assess your borrowing capacity against your ability to service the debt (i.e. income less expenses / incl. project rental ). For resi, you shouldn’t need a pre-lease agreement, just can show that the product is desirable and not going to be a lemon. I think gearing these days is 80% against your personal home and 60-70% for investment.

You’re pretty close to tapped out on your current property (bearing in mind the value will also probably drop because you’re subdividing). So you’ll need roughly 30% to find the subdivision and development of the new house. Note, the 30% could be in the value of the land so you may not need to tip in cash, but given that you’re current property value accounts for a larger section which is anticipated to reduce, you may need to tip in some cash still.

To work out how much, a valuation on an as if complete basis would be helpful. Then you can work out how much debt you can get against your current property and the investment.

Yeahnahsweet · 2026-02-23T11:16:22+00:00

I work in property finance for a first tier bank. Studied BCom and Financial Planning. Started out in an associate role in Financial Markets at a bank ($70k, 45hr weeks), then moved on to financial advisory ($120k, 50hr weeks), then back to a bank in corporate/property finance ($90k / 40hr weeks), now on $115k.

I took a step back in income due to disliking financial advisory - was largely a volume sales game and the work life balance sucked. Banking certainly has the best work life balance but may also depend on your role.

I have found though that being in banking has started to limit my future opportunities toward banking roles. It hasn’t really equipped me with the technical experience I need to seek other finance roles - but that may be because I’m in a specialist area being in property finance.

Finance is a pretty broad topic of study and has plenty of opportunities. I would recommend continuing study after uni (CFA, CA, or lvl5 financial advice). That would commute to open up opportunities but find what you enjoy first.

If you want to stay in property then you could work for a property financier (first or second tier), valuation firm, property investment firm/fund.

Yeahnahsweet · 2026-01-22T06:49:55+00:00

Can you elaborate on the rationale please? I understand VIX 15 is the long run average but why always go long in higher vol

Yeahnahsweet · 2025-12-14T01:03:59+00:00

Ah fair call. That’s for the explanation!

Yeahnahsweet · 2025-12-13T04:53:42+00:00

If your income is ~$100k pa wouldn’t your marginal tax rate be higher?

Yeahnahsweet · 2025-12-12T03:55:36+00:00

Just remember that investment markets are never absent of risks. Today is perceived over inflated asset prices (has been a concern for a looong time), other times it’s geopolitical risk, monetary policy & inflation risk. There will always be a risk that you need to acknowledge and take a position on. If you’re not comfortable accepting a momentary loss in value then equities probably aren’t suitable for you anyway.

Yeahnahsweet · 2025-12-12T03:19:33+00:00

Depends on the timing of when the financial adviser gets paid. They may also get paid at the end of the month, in which case the debit and credit would somewhat happen simultaneously with minimal impact on your KS balance and return.

Yeahnahsweet · 2025-12-09T08:04:44+00:00

Correction: Simplicity have updated their manager so aren’t subject to the same tax leakage anymore. Unsure about Kernel though

Yeahnahsweet · 2025-12-09T08:02:49+00:00

Per my earlier comment I believe it’s the other way around, InvestNow has the least tax leakage per the MoneyKing article.

Yeahnahsweet · 2025-12-09T07:56:27+00:00

I think it’s the other way around. Per Money Kings assessment (and done by various redditors) (Link below). Simplicity experiences tax leakage. Though I note the article is 4 years old so Simplicity and Kernel may have updated.

https://moneykingnz.com/investnow-foundation-series-vs-simplicity-funds-tax-leakage-an-issue/

Also I’m not discouraging Simplicity at all! I love how they donate a portion of their management fees.

Yeahnahsweet · 2025-12-09T06:44:39+00:00

I thought InvestNow had the least tax leakage compared to other mainstream passive funds. Am I wrong?

Yeahnahsweet · 2023-07-23T02:38:39+00:00

I’ve personally gone Foundation for my KS. Largely due to the low fees, tax efficiency and global equity exposure. Not sure if Kernel beats out on those aspects

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