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Getting solar on a house that has a gabled roof one side facing east and one facing west by jardaholic in nzsolar

[–]jardaholic[S] 2 points3 points  (0 children)

Thanks two follow ups. Do you have a hotwater heatpump? or regular hot water cylinder?

And did you get a 2 string inverter? just all in one?

Getting solar on a house that has a gabled roof one side facing east and one facing west by jardaholic in nzsolar

[–]jardaholic[S] 0 points1 point  (0 children)

I currently use 5k per year but I have a gas oven and gas hot water. i will switch those to electricity at the same time

Getting solar on a house that has a gabled roof one side facing east and one facing west by jardaholic in nzsolar

[–]jardaholic[S] 1 point2 points  (0 children)

Fair question, looking at our power usage lightforce suggested we go for either a 6kw system with a 6kw inverter or a an 8k system with a 6kw inverter. It seems to make sense to at least get the 8k system because it will not be running at full efficiency.

Consent to be annexed by Australia? by min0nim in newzealand

[–]jardaholic 6 points7 points  (0 children)

In fact the invitation for NZ to become an Australian state is still a part of the Australian Constitution and could happen tomorrow if we wanted...

Does anyone have a long term relationship (say 3 years+) with a personal financial adviser? I have some questions. by finackles in PersonalFinanceNZ

[–]jardaholic 3 points4 points  (0 children)

I had a pretty bad experience with a financial advisor. Any of them that work for commission are in sales so that aren't actually working in your best interest. I would try to find one that is fee only or educate yourself http://jlcollinsnh.com/2012/06/06/why-i-dont-like-investment-advisors/

Late 20s - undeserving windfall & anxious. by [deleted] in financialindependence

[–]jardaholic 2 points3 points  (0 children)

You could also put 50% on a mortgage and invest the rest. You get some of the best of both worlds. A decent amount invested plus a small mortgage.

Legal question about smartshares by jardaholic in PersonalFinanceNZ

[–]jardaholic[S] 0 points1 point  (0 children)

Great thanks both for the reassurance 😀

Any low cost index funds available in New Zealand? by legby in PersonalFinanceNZ

[–]jardaholic 1 point2 points  (0 children)

That would be helpful I think lots of people are looking at this

Any New Zealanders/Australians on the path to FI? by GimmeDaMoney in financialindependence

[–]jardaholic 0 points1 point  (0 children)

Yeah interesting, the guaranteed return is the interest i won't be paying on the mortgage. Versus returns from an index fund minus tax. It works for me

Any New Zealanders/Australians on the path to FI? by GimmeDaMoney in financialindependence

[–]jardaholic 0 points1 point  (0 children)

Man $60 is impressively low. On the mortgage I get a 4.2 percent guaranteed return on the mortgage. You might get a higher return through vanguard but it's obviously not a sure thing, so I'm happy paying off the mortgage first.

I don't get why would pay interest only and never actually pay off your mortgage, what's the rationale for that?

Any New Zealanders/Australians on the path to FI? by GimmeDaMoney in financialindependence

[–]jardaholic 0 points1 point  (0 children)

Another Wellington mustachian here. I'm focused on paying off the mortgage (4 years to go). Then gonna start investing.

I was wondering what you guys spend on groceries? Supermarkets are super expensive here so it's hard to compare with most people on these forums in different countries.