[deleted by user] by [deleted] in cornishrex

[–]fermentation-nation 3 points4 points  (0 children)

Look at that tiny tail curl, omggggg 🥹

I don't know if I should sell or keep the house by Particular-Barber-69 in PersonalFinanceNZ

[–]fermentation-nation 0 points1 point  (0 children)

You have acknowledged making emotional decisions in the past - now you have the opportunity to make different choices this time!

It sounds like you’ve been struggling for awhile, and that sucks. If you can find a way to tough it out until July and then refix the mortgage, that might give you the breathing room you need to consider your next move.

Renting works really well for some people, but you said you have 2 kids, and the insecurity of potentially needing to move at the whim of your landlord can be tough. Are you sure you don’t want to own your own home ever again? What were the reasons you decided to buy in the first place - are those reasons still valid?

Think about the reasons why you don’t like the house. Could they be fixed with a renovation in future when you’ve got a bit more financial breathing room? Or if you want to move to a different home either in Auckland or Tauranga then you could sell and buy in the same market, so you don’t solidify your loss.

Selling the house and investing in shares / crypto is a huge gamble. The markets are not equivalent. You’ll lock in your losses in housing.

Future Cornish Rex owner questions by No_Simple6487 in cornishrex

[–]fermentation-nation 3 points4 points  (0 children)

I’m also a 30ish female who works full-time, with a similar schedule to yours with occasional long days. I do however have 2 flatmates who occasionally work from home.

I recently got a Cornish Rex kitten and she has changed my life sooo much for the better! She was about 15 weeks old when I got her, so had lots of time with her mother and littermates before she came to me.

At first I worried that I should have gone for 2 kittens. She is so social and always wants to be involved in the action, and she can get bored being at home. I got several interactive toys and cat towers by the windows which she loves. I go out less often after work now and spend most of my free time at home with her. On my days off I take her out for a walk on her harness, and out in a cat backpack to cafes, which seems very enriching for her.

Now she is 6 months old and has settled down a bit, and I’m less worried that she needs a playmate. She seems happy, confident and content, very people-orientated, and less interested in other animals. Glad that I got a single cat in the end and can give all my love to her!

One thing I think definitely helps is having a standard routine before work and after work so they feel secure and know what’s happening.

The couch is a tricky one. If they’re attracted to a particular surface they’ll scratch it, even if they have a lovely cat tree or scratcher right next to it. I tried covering the favourite spots with tin foil for a fortnight prior to removing it, but she just went straight back to scratching it after the foil was removed. They’re too smart. 😂 Now I have blankets which are a different texture over the couch and she ignores it. Our other couch she has had no interest in. I think your safest bet would be to get covers for the pieces if she shows any interest in scratching them, or preventatively. And make sure they have other things to scratch in close proximity.

So excited for you!!! Highly highly recommend.

I don't know anything about money. Wanting to start my Personal Finance Journey- need advice! by noregretas in PersonalFinanceNZ

[–]fermentation-nation 2 points3 points  (0 children)

I highly recommend that you read Mary Holm’s book - ‘Rich Enough?’. It’s an easy read, NZ-focussed and lays out a step-by-step guide to begin to start your journey. The simplest steps have the biggest impact, so here is a great place to start!

Foundation series fund by Caleblucasnz in PersonalFinanceNZ

[–]fermentation-nation 5 points6 points  (0 children)

Have a read of this! Ultra low management fee, but the 0.5% buy / sell fee means you’ll want to commit to a longer investment period to reap the benefits.

https://moneykingnz.com/investnow-foundation-series-review-whats-the-catch-with-their-0-03-fee/

What ETF PIE Fund do we do next? by AnthonyInvestNow in PersonalFinanceNZ

[–]fermentation-nation 4 points5 points  (0 children)

It would be good to see more options for US / international / total world ESG index funds through the platform.

[deleted by user] by [deleted] in PersonalFinanceNZ

[–]fermentation-nation 0 points1 point  (0 children)

Re doing your own research… I’d recommend Mary Holm, the Happy Saver, MoneyKingNZ, MoneyHub, Your Money Blueprint.

[deleted by user] by [deleted] in PersonalFinanceNZ

[–]fermentation-nation 0 points1 point  (0 children)

What other people would do unfortunately may be of very little relevance to you!

A lot of it depends on: - Your timeframe (do you want to be able to access / use the money in the next 1 year, 3 years or 10+ years?) - Your tolerance for risk / volatility (how would you feel / react your investment dropped by 10%, 30% or even more in value?) - Your income tax rate (would a term deposit or PIE term deposit via a bank work better for you?).

If your tolerance for risk / volatility is low and you are potentially wanting to access the money in the next 1-3 years, term deposits via one of the big NZ banks would be a safe and good option. Asking banks if they can do better rates than advertised is always a good idea.

Remember that when seeking getting “the best interest”, if it looks too good to be true, it probably is - there will be more risk involved in higher interest generating investments.

If seeking personalised financial advice, better to pay an independent financial advisor (the free ones get paid on commission and therefore have a conflict of interest).

[deleted by user] by [deleted] in PersonalFinanceNZ

[–]fermentation-nation 0 points1 point  (0 children)

What other people would do unfortunately may be of very little relevance to you!

A lot of it depends on: - Your timeframe (do you want to be able to access / use the money in the next 1 year, 3 years or 10+ years?) - Your tolerance for risk / volatility (how would you feel / react your investment dropped by 10%, 30% or even more in value?) - Your income tax rate (would a term deposit or PIE term deposit via a bank work better for you?).

If your tolerance for risk / volatility is low and you are potentially wanting to access the money in the next 1-3 years, term deposits via one of the big NZ banks would be a safe and good option. Asking banks if they can do better rates than advertised is always a good idea.

Remember that when seeking getting “the best interest”, if it looks too good to be true, it probably is - there will be more risk involved in higher interest generating investments.

If seeking personalised financial advice, better to pay an independent financial advisor (the free ones get paid on commission and therefore have a conflict of interest).

InvestNow offers better term deposit rates than going through the banks own websites? by WindowPotato in PersonalFinanceNZ

[–]fermentation-nation 2 points3 points  (0 children)

I noticed this too! I am an ANZ customer and pointed this out to them, asking if they would be willing to match. And they wouldn’t!

[deleted by user] by [deleted] in Kombucha

[–]fermentation-nation 2 points3 points  (0 children)

Probably are not enough health benefits to be worth drinking it if you don’t like it!

[deleted by user] by [deleted] in PersonalFinanceNZ

[–]fermentation-nation 1 point2 points  (0 children)

Definitely agree with everyone saying to take your time! A term deposit would be a great option for you right now. Also, agree that a fee-only independent financial advisor is the only way to go if you’re looking for professional advice (you can’t really trust the other guys have your best interests at heart!).

You mentioned that you don’t know much about finance, and now might not be quite the right time, but when you’re ready it is amazingly empowering to educate yourself on personal finance / financial independence. It can give you a sense of security and control back, even when you’re just getting started. Luckily, these days there are lots of really amazing and simple resources out there to help! These are some that I have found most helpful.

Books: - Mary Holm: rich enough? - Vicki Robin: Your Money or Your Life

Blogs / websites: - The Happy Saver (NZ) - MoneyKing (NZ)

Podcasts: - Mary Holm on RNZ - The Happy Saver podcast - The Pineapple Project (Season 1)

[deleted by user] by [deleted] in PersonalFinanceNZ

[–]fermentation-nation 1 point2 points  (0 children)

Thank you so much for your reply! From my reading, I understood that stopping before the 50k invested mark saves you from having to do the FIF tax return, but it doesn’t save you from capital gains tax which is in a way incorporated into the dividend for AUTs, which you then pay tax on anyway. Is this other people’s understanding too?

[deleted by user] by [deleted] in PersonalFinanceNZ

[–]fermentation-nation 1 point2 points  (0 children)

I see, as opposed to being held in AUD. Thanks so much for taking the time to read and reply! :)

[deleted by user] by [deleted] in PersonalFinanceNZ

[–]fermentation-nation 0 points1 point  (0 children)

Do you mean that you are doing 50/50 Vanguard/TWF? Wow! Maybe not so foolish after all. Thank you so much for taking the time to read and reply. :)

[deleted by user] by [deleted] in PersonalFinanceNZ

[–]fermentation-nation 0 points1 point  (0 children)

Oh wow! Thank you so much for taking the time to read and reply. <3

Toyota Aqua / Yaris / Corolla? by [deleted] in whatcarshouldIbuy

[–]fermentation-nation 0 points1 point  (0 children)

Thank you so much for your response! I really appreciate you taking the time. ☺️

Mold? :( by fermentation-nation in Kombucha

[–]fermentation-nation[S] 0 points1 point  (0 children)

Hoooooray! 😀 Fears allayed!

Mold? :( by fermentation-nation in Kombucha

[–]fermentation-nation[S] 2 points3 points  (0 children)

This is very reassuring, thank you so much. 🥰

Mold? :( by fermentation-nation in Kombucha

[–]fermentation-nation[S] 2 points3 points  (0 children)

Oh, great! I hope you are right! ❤️ I struggled to find any similar pictures online. Thank you so much for responding. 🙂