u/rod_r

Im 61. My Kiwisaver is in a balanced fund. I also have an equal amount on another platform, also in a balanced fund. I understand the basics of allocations, buckets, risk of return etc.

I see a problem with the managed fund that nobody seems to talk about.

Because I buy units in the fund, in a down market, I cant utilise the cash portion of the fund to ride through the low, so if I need to draw an income from the fund, I'm forced to draw partially from equities when they are down....am I reading that right?

It seems to me that, even keeping the allocation the same, the equities need to be separated from the cash so I can draw on one and not the other, depending on the market.

FYI, I'm in New Zealand, so the figures are relative.

To heat my apartment living room, I'm looking at a 6kw heat pump with a spec power input of 1.62kw.

My apartment is generally solid block, painted on the outside and solid plastered on the inside. I have apartment above / below / both sides, and front and back exposed sides is primarily double glazed full height glass

Based on my cost per kwh, it should cost me 42c/hr, or $2.10 per day running for 5 hrs, extrapolated out to $63/month and $252 for the 4 coldest winter months.

I'm also looking at a 2.4kw convection heater, and using the same costs, it comes out to $372 for 4 months. [ understanding that I'm getting less than half the heating capacity ].

Further, looking at purchase and running costs, I have worked out that getting 1 x 2.4kw heater and running as above, it would take 20 years to break even with the heat pump, while 2 x 2.4kw heaters would take 7.5 years to break even.

I will not need the heat pump for cooling in summer.

What does the heat pump bring to the equation above the costs listed, that make it a more preferred option? Note that the heat pump does come with some operational noise, minor installation issues etc that the wall mounted convection heater would not have.

I have fiber with an ONT on the wall.

Ever since I got fiber, I have just plugged my old modem supplied by my isp into the ONT to get Wi-Fi.

When I moved to a bigger place, I got a 2 pack TP Link Deco X20 - one is plugged into the old modem, the other is in another room.

Recently, I’ve had signal issues and I think my old modem is the cause, so I started to look at mesh systems and realised I already have the X20’s so I’m half way there.

What I can’t figure out is;

1. Do I even need a modem - or can I plug an X20 into the ONT ( someone is selling an X20 and claims I can plug it into the ONT )

2. If I still need a modem, what is a compatible one for the X20

3. in the other room, can I “hardwire“ a pc into the X20 with an Ethernet cable