Have been holding ADSK for a while, unfortunately got in too early on that one. But the consistent dip in mid-June across the entire software services sector was too much of an opportunity to pass up and was so obviously just over-bearish sentiment, so loaded up on CRM and NOW at the same time.
It has paid off pretty well so far, I'm up $3.6k across all three. I plan to hold until they go past ATHs.
Looks like all those 1.00%pa+ fee funds are working out well for them.
This was honestly too funny. Protip: do research on your investments and tax obligations before investing people!
I wanted a handy financial independence flow chart that was unaffiliated with any site promoting services that I could occasionally point people to in this subreddit, so that's what I made.
Turns out in 2019 /u/BikeKiwi had a similar idea and created his own version, which is based on a U.S. r/financialindependence post of a similar nature. Most of the work is his own.
I have however added to the flowchart in several ways. I've updated the KiwiSaver contribution details, I've added some focus on lower cost funds, and added a final section on what financial independence can look like.
Any suggestions or improvements is welcome. Let me know what corrections or changes I should make.
EDIT: I have made some changes to the flowchart based on feedback in the link below, such as adding debt recycling, an annual review check, and clarifying that financial independence is about setting yourself goals you want to achieve.
It's a little JSX page in Claude, so feel free to grab a screenshot of it here. https://claude.ai/public/artifacts/a720d8de-2005-4cd7-b9f7-fbdd0a561457
Decided there'd be opportunities on trading SPCX on day 2 given we are still pre-QQQ-inclusion and are fully in a TACO cycle at the moment. Still have half my position open, might let it ride for a few more days and see what happens.
Always a bit depressing when you make more than you will all day working just by tapping a few buttons, but such is life.
EDIT: And sold another 5 at $192.00, total SPCX P&L for the day US$450.70.
Reddit is so against this IPO that I'm convinced it's going to be an absolute ripper.
Either I make some first day gains or become a bagholder and quit my job to work at maccas.
Say you're building a monopitch north-facing home with good solar insolation, passive house or passive principles, and have the money to spend; which of these options would you prefer, and why?
Do you have a preference?
Hopes of a fast track process are waning here. Even if it does ultimately go ahead I am seriously doubtful it will be approved under the fast track process.
Doesn't look good for SMI.NZ.
This has been updated from the previous data which is over a year old now.
The full report into our KiwiSaver balances can be found here, and contains lots of useful data. https://assets.retirement.govt.nz/public/Uploads/Research/2026/KiwiSaver-demographic-study-MJW-2026.pdf
The press release: https://retirement.govt.nz/news/latest-news/new-research-shows-90-of-members-earning-over-50000-contribute-to-kiwisaver
Sorry bit of a lame question. Claude hasn't been able to help super well.
Question is as per title really.
We are thinking about a monopitch build with quite wide eaves and live in Central Otago, so one of the drier regions in the country. Our thinking was it might be nice to use a french drain beneath the one edge of the roof for the occasional times we do get rain.
I can't see much about if this is legal in New Zealand other than constant mentions that make an assumption when you're building, you're adding gutters.
Feel free to tell me why it's a bad idea too if you want.
Curious on other people's thoughts on this. Anyone else make a decision on whether to enrol, or make the decision not to? Any implications around FIF?
My account meets the liquidity requirements, but I'm concerned around seeing some people receive "Payments in Lieu" instead of dividends if shares are out for lending on the day dividends are issued which seems like it can have US withholding tax implications, and I'm not too sure my holdings are all that rare that they would be lent out anyway.
Anyone actually receive payments from IBKR under this program?