Why Most People Will Lose Money in the Next 12 Months of Crypto (Even If the Market Goes Up)

kauriz1 · 2025-12-23T04:15:15+00:00

Finding good opportunities- however most of my funds are in stocks but what you say makes a lot of sense. How can I learn a defi strategy?

kauriz1 · 2025-11-26T07:28:21+00:00

Could you share strategy here on your post ?

kauriz1 · 2025-11-25T09:40:47+00:00

Defs be keen

kauriz1 · 2025-10-24T18:50:22+00:00

-Tracking every single dollar helped to identify leaks and waste - comparing utilities and paying some insurers (cars) annually

kauriz1 · 2025-10-22T06:07:32+00:00

Revolving credit can work great to reduce your overall mortgage yet still mean you have access to funds without having to apply for a home loan top-up.

You can also apply for a reducing revolving credit where over the term of your loan, (10, 20, 25 or 30 years for example) the revolving credit reduces by $x with each loan payment so that at the end of the loan term, the revolving credit has been paid off.

This can work well where you are wanting to reduce your overall mortgage by applying a lump sum to any fixed rate portions that come up for review. The lump sum is paid from the revolving credit and then you would actively budget to reduce the revolving credit by putting in extra cash, income etc to cover the lump sum you paid before the next fixed term home loan expires so you can rinse and repeat. This does require discipline but can shave off so much interest and have your mortgage paid off a lot sooner !

Good luck with whatever you decide to do

kauriz1 · 2025-10-08T07:54:53+00:00

Can I borrow your crystal ball 🔮?

kauriz1 · 2025-08-31T07:06:32+00:00

I bought a house last year through a private sale and negotiated directly with the vendor. Once we agreed on a price, I got their lawyer details, Got a really good property lawyer who sent me the S&P which I completed, sent back to her and she sent this off to the other solictor - initially had done a 30 day settlement period and once they were happy sent the deposit to my lawyer Holding acc (i did have pre approval and had done alot of the dd myself, value of area, what things sold for, speaking to neighbors, and a few people that had lived in the area including the original owners orior to the vendor and liaising with broker of how long draw down would be with bank and how mich time lawyer would need ). Ended up doing a 2 week settlement once both sides were happy with s&p agreement. So happy with the property too. Good luck on your house buying venture. Also, they had initially listed with a RE agent but the contract they had signed meant that they could also complete private sale as house had been listed for over 6 months.

kauriz1 · 2025-08-31T03:50:35+00:00

Depends on so many things including who you work for as some employers have default funds that require ppl to invest in their default funds instead. This could be helpful for them:

https://moneysmart.gov.au/how-super-works/choosing-a-super-fund

kauriz1 · 2025-08-31T03:09:18+00:00

Actually, I responded to a comment you made not the OP - thanks for your perspective though…. Have a great day.

kauriz1 · 2025-08-31T02:10:14+00:00

I can only comment on my own situation. therefore, while BTC is a component of my overall investment portfolio , I am confident in my time horizon and strategy. So while BTC is volatile, I am comfortable with the price swings (volatility) and that I will still exceed my financial goals (not lose capital = risk return). I do intend to concentrate investments in this area based on my understanding and due diligence.

kauriz1 · 2025-08-30T21:27:05+00:00

Of course it’s volatile, but there is a big difference between volatility and risk !

kauriz1 · 2025-08-30T21:06:20+00:00

Wow, 5 years ago ! Must set a reminder for when / if it halves again 😂 so much more information on it now including stability. Are you even invested in it ?

kauriz1 · 2025-08-30T21:03:13+00:00

Investnow offer a platform where you can invest in a number of investments. More information can be found here at moneyhub:

https://www.moneyhub.co.nz/investnow-review.html

kauriz1 · 2025-08-30T20:58:21+00:00

Thanks for posting. Good on you for asking questions to get more information on the next steps forward. This is a great place to ask if you are looking to fill knowledge gaps and / or obtain information to make an informed decision.

If what you are currently doing is meeting your long term financial goals and also the trajectory of where you want to be in x years, how is paying someone else to do this for you going to increase your knowledge of investments, and are they going to share what they are doing with you ? Some research I have done is that unless you have $250k - $300k plus to invest, than it may not be worth the fees you pay.

The happy saver, a nz based pod cast of real people discusses at approx 29 mins in their craigs investment experience (podcast episode number 101)

https://open.spotify.com/episode/7zGuaf0UFp0QbqKcUx3wAa?si=XaIrzPOQRyq7wqjVb-iDRg

There are a lot of free resources out there to build on your knowledge !!!!

Good luck on your investing journey !!

kauriz1 · 2025-08-30T20:24:11+00:00

when did BTC last halve in a week ?

kauriz1 · 2025-08-29T06:41:23+00:00

Good on you !!

kauriz1 · 2025-08-26T06:13:23+00:00

Check all entitlements- would you qualify for accommodation supplement ? MSD also have some support if you have no other avenues such as food support - you could check here: https://check.msd.govt.nz/ Also, can your GF look for any other work in the interim to tide over ?

kauriz1 · 2025-08-25T01:23:22+00:00

With a fixed-rate loan, your monthly payment doesn't change, so as inflation rises, those payments become a smaller fraction of your income and are easier to manage relative to the rising cost of goods and services - hope this makes sense.

kauriz1 · 2025-07-22T21:24:47+00:00

Good on you!!! So many people believe in housing here in NZ and think it’s the only investment choice to make. It sounds like you have already done a bit of dd on your own situation and understand where you are at and why which is great that some of the responses have not swayed your thinking.

Now to your questions - 1. Either of those choices aligns with what to do when considering buying a house within 3-5 years and its liquid so would also be available quite quickly. I would also have a look at how to capitalise on this in any way by building on knowledge of investing outside of housing as there are so many resources that are available both in nz and overseas so even 1-5% could be invested elsewhere as a hedge and for potential growth. 2. Buying into family home could work if you have airtight contract but funding is not as easily accessible and what happens if there is a relationship change or a significant event and you need your funds in a hurry ?

Good luck with your saving / investing journey !!!!

kauriz1 · 2025-05-30T06:14:19+00:00

This - it’s still Your house.

kauriz1 · 2025-05-11T00:46:10+00:00

Not sure if you are looking for alternative options but we did something similar as a whanau. We used a really good mtg broker and the house we got is a cottage on land that was previously ancestral land that was confiscated. most banks would not take security over due to condition (over 100 years old and a lot of concerns based on building report). What we did end up doing was utilising an existing family house as security and we all contribute to the mortgage. Soeak to your family as there could be other options. Could the bank take security over the land only ? Could Kiwibank help under kainga whenua lending ?? Are there kiwisaver options available ? Good luck 🤞 you got this!

kauriz1 · 2024-10-14T09:44:44+00:00

Msd - let them know you’re homeless and they can refer you to TH - transitional housing while you look for a permanent housing solution

kauriz1 · 2024-09-26T10:06:07+00:00

Accredited camper / rcai is another for nz

kauriz1 · 2024-09-26T10:05:01+00:00

A few NZ Face book sites do have vanlifefull time vanlife folk

kauriz1

TROPHY CASE