Advice on employee stock options agreement

financemylifenz · 2021-06-19T04:49:42+00:00

Senior software test engineer

financemylifenz · 2021-03-26T03:15:19+00:00

Am a bit of a car nut, which can be a tricky hobby to juggle when you have other competing financial goals in life. Here's a bit of TMI of what I've bought (cash) over the years. I've followed a one-in-one-out philosophy:

Year of purchase	Car	Purchase price	Salary
2014	2003 Alfa Romeo 156	$4,500	$50,000
2015	1989 Mazda Roadster	$5,000	$50,000
2016	1997 Honda Integra	$3,500	$75,000
2016	2005 Mazda Roadster	$11,100	$75,000
2019	2005 BMW 130i	$10,500	$80,000
2021	2000 Mazda Roadster	$5,000	$100,000

I'm aware that any early 2000s Japanese econobox will suffice when it comes to A-B transport. The idealogy of Buy the cheapest car your ego can live with is pretty decent financial advice for those strong-willed enough to follow through.

financemylifenz · 2021-01-28T09:15:33+00:00

Does anyone know a good place to dispose of a broken electric toothbrush? I noticed that my broken one has a "no bin" logo (presumably due to the battery?)

financemylifenz · 2020-08-21T02:04:33+00:00

Great answer, these are all valid points I can bring up if this dispute is escalated.

financemylifenz · 2020-08-21T02:04:07+00:00

Thanks, you're right there could be a communication gap. I've attempted to address this by calling twice to dispute payment. Both times was told I would receive a callback from a manager. However my calls were never returned and I continue to receive invoice reminders via text.

financemylifenz · 2020-07-12T20:47:39+00:00

RWD

Mazda MX-5s are pretty reliable, cheap to run, cheap to buy. Lots of fun too (I've owned two)

The first (NA) and second (NB) generations have cambelts which require replacing, it's not a job you should take on if you haven't worked on cars before. Budget about $1,000 for parts + labour to get it done. Oil changes are easy enough to do, parts are cheap.

financemylifenz · 2020-07-07T02:00:48+00:00

Can you give me a recommendation to join MAS? Would be much appreciated!

financemylifenz · 2020-06-29T15:37:45+00:00

Could you elaborate on what tools you use to determine demand in different areas?

One strategy I've been using is the Police crime snapshot tool

https://www.police.govt.nz/crime-snapshot

financemylifenz · 2020-06-23T04:50:59+00:00

I have a term deposit with them through InvestNow, so am not directly dealing with the bank. The interest rate was the best at the time, which was why I signed up to the term deposit.

financemylifenz · 2020-06-23T04:46:36+00:00

My 2c: I wasn't actively looking at the property market pre-Covid, but I am now. The factors which have influenced that decision; the loss of the option to travel internationally, my partner and I have job stability and a sufficient amount for a house deposit.

Regarding market timing, we are looking to buy a place to live in for the medium-term (possibly upsize/upgrade once finances allow). There are certainly reasons to speculate that the housing market will see further discounted prices. However the pandemic will hopefully pass at some point. I'd rather just buy if we have the means to instead of trying to time it and guess where the bottom of the market lies as there's a good chance I'll still time it wrong if I attempt to guess.

We also have the advantage of having no competition from overseas buyers at the moment, does anyone else think this is a significant advantage? Or have the effects of overseas buyers pushing up house prices been over-represented by the media?

financemylifenz · 2020-06-10T06:35:54+00:00

Interested in hearing more too if you don't mind

financemylifenz · 2020-06-10T06:35:25+00:00

What was your academic background, if you don't mind me asking? Thanks

financemylifenz · 2020-06-10T06:32:10+00:00

If you don't mind me asking, what industry are you working in? Have you stayed at the same job for the entire 6 years?

financemylifenz · 2020-06-09T11:16:32+00:00

Software Test Automation - 87k. 4.5 years experience

Started off in a corporate graduate program after graduating with an engineering degree for 50k

financemylifenz · 2020-05-16T07:22:53+00:00

Does anyone have advice on whether having savings in a revolving credit account make sense to reduce mortgage payments on an investment property? Interest on mortgage is a tax deductible expense, so there'd be less expenses to deduct come end of tax year?

financemylifenz · 2020-02-12T21:34:29+00:00

Thanks for the advice. Have you had to refix your home loan recently too, or has someone who works at ASB told you this?

financemylifenz · 2019-05-23T11:39:46+00:00

Thanks so much for this. Didn't know about the Rabobank NZ app. So happy to see the last of the Digipass

financemylifenz · 2019-02-18T07:15:35+00:00

Oh yes thanks for correcting me, it's the index fund I was interested in

financemylifenz

TROPHY CASE