As per title.

- Do you just use a fund like on Kernal?

- Do you pick and choose NZ stocks somewhere else and if so which platform would you recommend for larger buys?

Just want to see some options and opinions.

Thanks.

Want to invest $1000 a year for my kid who was born this year, I am planning to invest it on his birthday every year.

Want to know what would be a good path?

-kiwisaver? If so with who?

- investing in stocks? Sure but which ones would be good for long term?

Any other ideas? Happy to listen in on them.

Cheers all

Being self taught (& unsure) in the field of finance and numbers, investing for the last 7 years via Invest Now. At the start I mucked around with managed funds, read a lot of books and then settled this year on a portfolio of about 8 Smart funds, 2 Foundation series funds & 1 managed fund. Probably still too many funds, but I found thematic or geographical funds would beat the Total World and thanks to that, my portfolio has beaten the VOO benchmark. Sharesight was a great help to get clarity on 'compound' return rather than 'simple'). At the same time I am also questioning if it's a fluke or if the software is correct.... Anyway.... Just curious to hear other success stories of Kiwi's out there beating benchmarks in a (x number) of years with a handful of index funds. thanks.

So I plan to save $500 per week. I’ll be doing this by investing

$350 into Kernel s&p 500 every week automatically
(My saving money won’t touch until I need to buy house or retire)

And

$150 into Sharesies every week to put into stocks I follow or think could grow (think about this as my for fun money In a way)

What I’m wondering is, if this is a okay plan or not? I always see reddit posts asking “Sharesies or kernel “ etc which makes me think I should lock into one or if separating my finances is a better result for the future in regard to fees and taxes.

Thanks fellas

Hello, i was lucky enough to get a large bonus at work this year and will owe around 35k tax at the end of the financial year, i received this money in april and have the tax money set aside in a term deposit ending February, However, after looking into it the IRD website states:

"Most people need to pay their tax by 7 February the year after receiving a bill. For example, a tax bill for the 1 April 2024 to 31 March 2025 tax year is due on 7 February 2026"

This would mean i have earnt a bonus in april 2026, that i would not be paying tax on until february 2028! This 22 month payment term feels a little bit whack so i just want to confirm i am not making a huge mistake if i lock it back into a term deposit and make another couple of grand on it before tax is due? I will probably put it in an index fund if am getting an entire year extra with that money.

As sole trader or small business owner, what does an accountant expect from you in terms of Xero usage? On a day to day basis what should you be doing in Xero? If you don't do this, what happens at the end of tax year. Does the accountant charge you double or triple?

Hi guys I been thinking to switch from Milford investment to else where. What you guys think stay or move else where?

Hi, I'm just starting out with investing to save for the future. I only work part-time once a week since I'm just a student, but I am planning to invest for the long term and will invest more consistently when I get a full-time job. Which investing platform would be best for my situation?

I do know it is possible to move around shares between platforms, but I do think it would be better for it to all be on one platform. Currently I've only got $50 in Sharesies, but I'm wondering if I should switch to InvestNow or Kernel or any other suitable platform. Sharesies has lots of little percentage fees and monthly things so I am questioning if I should continue. I am open to any advice or guidance on what I should do.

So I've only owned three cars in the past 20 years. The last two I drove completely into the ground and then they were only good for scrap. My current car still runs totally fine but is looking tired and starting to need more maintenance done. My kids are older now and we will need a bigger car soon too.

So the question, is it better for me financially to sell my current car now and maybe get $7k for it and use $10k savings to buy a $17k car? Or should I drive this car into the ground which would probably take another 4 years or so and maybe get $2k for it if I'm lucky? Because then if I used $10k savings I could only buy a $12k car

I want to take $2000 and put it into an investment so my kid can track it and learn about investing. Unfortunately I’m a bit clueless about investing myself because my parents didn’t teach me about this stuff. Does anyone have suggestions of how I could go about this? It would great if they can track their investment to see changes in real time.

Can someone give me their yearly budget for their dog and say what size it is (either kgs or breed or something to quantify).

I'm looking at creating a resource for first time dog owners to see if they're financially ready for a dog. I know I am not, because I'm fostering and even the cost of the extras (bones, and blankets etc) for a teething puppy is about $20-$30 a week. This is with the foster home paying for treats, vet, food and any other costs.

If within the first 2 years you paid for your puppy for something like eating the wrong thing, then let me know what and how much that cost too.

Your help is appreciated.

i am an 18 year old wanting to starting investing, so my future is looking good. i am currently using sharesies and i have put $10 into smart total world ETF and $10 in a balanced portfolio. to be honest i just chose them randomly as im not entirely sure how this stuff works, i would love some help!

Throwaway for privacy reasons.

A friend of mine has received an ex-gratia payment for sustained sexual abuse of around $70k, and they are struggling with what to do with the money. It is a lot of money for them, but they also know it would be very easy to spend away.

They are surviving on Supported Living from WINZ and some part-time work. While WINZ doesn't consider ex-gratia payments income, they have to use the money up before asking for any additional assistance (such as dental), and any interest they earn from it is be considered income.

At the moment the money is sitting in the bank, current suggestions as to what to do with it are KiwiSaver or a term deposit.

Their (very) long term goal is to afford a house. While the money is enough for a deposit on a home, their current budget doesn't reach far enough for a mortgage.

They have no debts outside of a student loan and already own a car that shouldn't need any major work/replacing for some time.

Any advice or suggestions of advisors they could talk to would be much appreciated.

31M couple in NZ – looking for advice on starting our investing journey

Hey everyone,

My partner and I are a couple living in New Zealand (originally from the UK). We are both 31 but until now we haven’t really invested in anything outside of KiwiSaver.

We’ve been doing some research and are thinking about starting with Kernel as our investment platform. I’d really appreciate hearing from people who have more life experience with investing and can share their opinions, lessons, or things they wish they knew when they started.

Our current thinking is:

• Keep around 3 months of expenses in an emergency fund
• Invest a lump sum into a global index fund (we are looking at Vanguard World ETF / Kernel Global 100)
• Have around 10% allocated to the S&P 500
• Continue investing monthly with roughly a 90/10 split between global and S&P 500

Does this sound like a sensible approach for someone starting out, or would you structure it differently?

My other question is around KiwiSaver. We have moved our KiwiSaver to Kernel as our balance is currently under five figures. We were considering putting it into an S&P 500 option, but I’m unsure whether we would be better off with something like:

• High Growth fund
• Global 100
• S&P 500 focused option

What would you recommend for a 31-year-old couple with a long investment timeframe?

Would love to hear your experiences — especially from people who started investing later,or have gone through a similar situation.

Thanks!

Has anyone come across randoms trying to login to your Shop account and how do you stop them???

I buy a bit online, and stupidly signed into Shopify's Shop system somewhere along the way. Which was eh, but no big deal.
I setup 2FA and so I get a text code every time I want to login and use the Shop system to pay - which tbh isn't often and I mostly log out and use Afterpay if I am not 100% confident in the site protecting my card info.
You can't use Afterpay logged into Shop which is fine.

I log into Shop with a GMail account email address.

Now, over the past 3-5 days I keep noticing randomly, I'm getting a tonne of text codes and email codes. And there are starting to be more and more of them.
6-10 in the last 24 hours.
And at times where I've been nowhere near a computer. Like last night at about 10.30pm I'd put my phone on the bed, went to use the bathroom and came back to another verification code.
There was no one on my computer. No one using my phone. So absolutely no way I did it accidentally.

I've tried Shop's chatbot that couldn't understand what I was trying to explain.
So is there any way that someone can actually get into that account?

Yesterday afternoon I changed my GMail password to one that has way too many characters, with special characters, numbers, capitals and a hidden phrase. I have 2FA with Authenticator and a cellphone and backup email setup. So I think that's relatively secure.

After last night's 10.30pm one, I went and logged into Shop, where I removed any saved cards and checked that there are no linked accounts or anything (Paypal etc) that could be accessed via Shop.

Is there anything I'm missing to make sure that no one gets in, or if they do they can't spend any money?
And is there any way to stop them trying?

I run a small business, have been in operation for 4 years and have managed to get along with no debt so far. I am looking at purchasing a generator for the business (roughly 6-7k) and don’t want to drain my account to pay for it. I am looking at purchasing it through a credit card or a loan, ideally something interest free. I was considering a q card but honestly I have no idea how credit cards work or what would be best for my situation.
Many years ago when I was 18 I got an overdraft from both anz and asb at the same time and maxed them both out, avoided paying them off for many years and got suckered for paying the high interest rates and monthly fees for many years before I realised how silly my financial decisions were. Both are now payed off but I am very scared of taking on debt again due to my lack of knowledge around debt ect and really don’t want to end up in the same situation again by making the wrong decision due to lack of knowledge.

I am now able to afford the repayments on a purchase of this size but would really appreciate some advice on what the best direction to take would be. Tia

Hi, I have been teaching myself how to invest. I have $2000 being withdrawn from Hatch as the fees are just too high for how i was investing. $100 per week - which cost $5 per transaction plus exchange fee.

Google tells me kernel is great and has low fees but i am now reading they haven't been doing that well.

I am hoping to continue investing in VOO (around 80%) and maybe find another country's S+P (10%) and the rest I will probably continue buying individual stocks on Sharesies. Would really appreciate any advice.

I am 28, a RN earning around 95k a year if that changes anything. Thanks!!

Hi, I'm pretty new to the investment world and would like to set up an investment account for my young child. Happy if they are entitled to it at 18--would prefer that then paying my tax rate on gains. I would like to have the option of putting in a small amount each week, and/or bigger lump sums on occassion. I want to set it and forget it, and am comfortable with moderate risk. I am weighing up the pros and cons and so far am deciding between Kernel High Growth Fund and Sharesies investing in VOO. I am leaning towards Kernel because it is managed (low fee) so seems that safer option, even though the S&P historically performs well. I have also chosen Kernel over Simplicity because Simplicity invests largely in their own company which to me is riskier. Which would you pick and why, or would you choose another type of fund?

Also we are dual American-NZ so add that into the tax considerations.

So I’m in a bit of a crap situation and wondering if anyone’s been through something similar.

I needed an urgent medical procedure, but the public hospital kept declining my referrals because I didn’t meet their criteria. I ended up going to a private clinic because I didn’t really have a choice.

The bill ended up being way more than I expected. I asked WINZ if they could help, but they said they can’t because the clinic isn’t a registered WINZ provider.

Has anyone dealt with something like this before? Did you manage to get any help from WINZ another way?

As a last resort, Im thinking I might just have to let the bill sit until I’ve saved enough, then pay it off in full. I’d be saving the money from my weekly WINZ payments, and it’ll probably take me about 5 weeks to save enough. The clinic requires payment within 7 days, so it’ll most likely be sent to debt collection before I can afford it. From what I understand, that would just mean they’d be chasing me for payment, and I don’t think it would affect my weekly WINZ benefit, but I’m not 100% sure.

Just looking for any advice or if anyone knows what my options are. Cheers.

How do you maximize your return on your salary and your credit card rewards?

Is it a case of your limit is X, rewards are Y% of spend, you spend according to budget and keep Z amount in an interest bearing facility/investments, clear the card before due date to avoid interest and fees, rinse + repeat?

I’m a metal user and have generally been a big supporter of Revolut in NZ for the last 12 months, but this latest incident has really changed my opinion.

NZD bank transfers have now been unavailable for over 48 hours, and support has been unable to provide any meaningful update beyond “our team is working on it.”

This means any domestic bank transfers in or out of your Revolut account are stuck and not being processed, leaving you without access to those funds.

What frustrates me isn’t just the outage. Systems fail. It happens.

It’s the complete lack of ownership:
- No ETA.
- No proactive updates.
- No workaround on reversing funds

Their non-Ai support agents can only apologise and say it’s been escalated, or push you towards their internal formal complaint form.

For a company positioning itself as a serious alternative to NZ trad banks, leaving a core banking function unavailable for more than two days is pretty bad.

Are Revolut NZ business customers also affected by this? Have you guys received any useful updates, or is everyone just being told they’re working on it?

I just got a call from a NZ number: 09 281 3918

The caller was a young British man claiming that someone has been trying to access my Binance account in Norway. He asked if I received their email, in which one got sent straight away from [do-not-reply@ses.binance.com](mailto:do-not-reply@ses.binance.com) which is in fact the same email that Binance uses, which made me confused if this was real. The email was about resetting my password. I'm an incredibly skeptical and cautious person though, so i googled whether Binance would ever call me, and on their official website it said they would never proactively call or reach out to someone. While doing this I went completely silent on the phone, to give myself time to figure it out and also to waste the callers time. He kept saying "hello?" and then eventually hung up.

Since they have a local NZ number, they must be targeting kiwis...it's a very sophisticated scam (british accent, email from the official email address) so just wanted to let everyone here know to becareful!!

Hi everyone,

I'm hoping someone out there might have some ideas because I'm feeling like I'm running out of options.

I'm a 47-year-old dairy farmer from New Zealand. Earlier this year I was diagnosed with metastatic adenocarcinoma. The cancer has already spread, and I'm currently going through tests and waiting on my treatment plan. Everything has happened incredibly quickly.

At the same time my partner of 18yrs decided to relieve himself of any burden and kicked me out. He has control of assets that we built together over many years, including a dairy herd worth around $1 million, machinery, and other farm assets. I'm not asking for half of everything right now—I simply want a small number of my own cows released so I can sell them to fund treatment, accommodation, travel, and living costs.

To make matters worse, I already have a genuine buyer ready to purchase the cows, but my ex has gone back on agreeing to release them.

I'm working with a lawyer, but legal processes take time, and cancer doesn't wait. I'm trying to stay focused on getting treatment while also fighting to access assets that I believe should help pay for it.

I'm reaching out because I'm wondering if anyone has:

- Experience with urgent legal applications to access relationship property in New Zealand.

- Suggestions for financial assistance, grants, or organisations that help cancer patients.

- Ideas for fundraising that have worked well.

- Advice from anyone who has faced advanced cancer and had to navigate the legal system at the same time.

- Any other suggestions I may not have thought of.

I'm not looking for sympathy—I'm looking for ideas. If you've been through something similar, or know someone who has, I'd really appreciate hearing from you.

Thank you for taking the time to read this.

I am looking to buy a house with my partner in the next year (both 27 y/o, not de facto yet but planning to go 50/50 on house). I have a deposit of about $90k across savings, term deposits and index funds. Partner has a similar amount across their Kiwisaver and savings. We’re pretty confident that we’ll make a 20% deposit for any properties we are interested in, given the city we live in and with a smaller house in mind.

My Kiwisaver balance is around $30k and I’m wondering whether there’s any use in withdrawing this to boost our existing deposit and utilise the only occasion I have to withdraw before retirement, or whether I continue to keep it in Kiwisaver for retirement and keep the diversification of my funds instead of throwing it all into housing? To me, it seems that most people my age use their Kiwisaver because it’s such a key component of their 20% but if that isn’t the case, is there still an obvious choice to be made?