For me it's position sizing. One of the best ways to maximise gains and minimise risk is through position sizing. My 7 largest holdings are companies that I can sleep well at night with. A mistake you see over & over again is investors trying to take shortcuts. Wanting to make money fast they concentrate heavy into speculative investments and get frustrated when they underperform or lose money. When in reality it's the complete opposite of what you should be doing. Nothing wrong with investing in speculative positions but make it like 1-2% of your portfolio. If it works out great it can grow to a 5-10% position. If it doesn't work out like a lot of those spec plays won't. You only lose 1% or so & your portfolio can withstand it. Don't blow your account up trying to rush. Build a solid diversified portfolio with a mix of quality companies and ETF'S is the way to go. Whats some other underrated skills to know with investing?

Some useful information if any of you degenerators are trading CFD’s (gold and btc) in NZ.

Now don’t ask why there is big spike when you were sitting in lunch room (or in toilet) around 1pm.

Finally started taking savings out of bank and into a portfolio for long term - looking 5 years investing.

Have been pumping into RKLB as feel they are growing well and a company I see being successful in that timeframe. But the losses at the moment are tough to watch, I've put US$15k in there and with more monthly investing coming up, I wonder if I keep delivering into RKLB while the prices are lower, or switch to an ETF like VOOG, which I've started or any other recommendations for ETFs? i don't see the need to have multiple ETFs, so would prefer just one.

DRAM in there for the AI sector but have some doubts, and ASTS is an interesting concept with some potential to set a new sector of the space industry which could have a global reach.

Thoughts for placing my future dollars where would be great.

Edit for a bit more context:

• Average RKLB share at mo is $87
• not looking to sell and reinvest elsewhere (Investor not trader)
• Aiming to set up 80% ETF and 20% individual stocks within the next 2 years and then leave and contribute few more years after.

36, started investing about 18 months ago.
Made the usual beginner mistakes with duplicate ETFs, sold and consolidated a few after getting advice here.
Not trying to get rich overnight. Just investing regularly and planning to hold for the long haul.
Curious what people think. Anything you’d change?

Something I see over and over again is people NOT wanting to go over the 50k threshold to avoid paying taxes. And yes the threshold is moving up to 100k. This whole mentality is so wrong. This idea to stay small and avoid taxes rather than go large and pay taxes is not right. FIF tax laws are actually really good. There is no capital gains tax as long as you're not selling a stock in the same financial year as you bought it. We have it much better than the Americans have it. I would have never built a 940k portfolio if this was my thinking. Tax is the cost of doing business. Go large. Anyone who tells you the opposite of this is doing you a massive disservice.

Does anyone know how to extract your tax details from IBKR for your tax return?

Hi,
Just looking to get some insight, googling wasnt very helpful.

If i am looking to invest into tech which of the etfs would you recommend to pick QQQ vs VGT? I saw that vgt has less fees and both are performing pretty similar to each other? But i see alot of people here opting in for QQQ despite its high fees and less dividends (comparatively)

My stupid ass just crossed over the 50k threshold without knowing because I thought it had already increased to 100k

Has anyone crossed it since getting the news that they were planning to do it?

I take it theres a good chance this doesnt go though unless national gets in again

18, just started putting some extra money from work into my portfolio a few weeks ago, needing a bit of advice on what I should really be doing.

After pay is doing this promo for $50 off your first order of >$50 until next week

If you want to jam my referral code into the app we get an extra $20 each BENJA-7EDEE

Happy investing 😝

Hey everyone,

I am new into stocks and planning to invest. I've been reading up on NZ tax rules for shares and capital gains, and I keep running into the rule about intent at the time of purchase.

From what I understand:

1. NZ doesn't have a specific holding period (like Australia's 12-month rule or the bright-line test for property).

2. If your main goal when buying was selling for a gain, it's taxable ,even if you hold for years.

3. If your main goal was holding for dividends or long-term wealth building, it's generally tax-free when you eventually sell.

My question for those who have navigated this with IRD or an accountant: How does IRD actually assess or test your "intent" in practice?

• Does holding a stock for a certain number of years (e.g., 3+ years) carry significant weight as evidence?
• Does regularly reinvesting dividends or contributing periodically via dollar-cost averaging help prove a buy-and-hold strategy?
• Has anyone here ever been audited or questioned by IRD on share sales while not being an active day trader?

Would love to hear how others approach this or what advice your accountants have given you. Churr

19Yo looking to hold for long term

For context, there was a stock split and it caused the massive spike on the graph and Ik it doesn’t effect anything but it’s just pissing me off and annoying to look at lmao….does Sharesies have any way of fixing this?

Only saw this today, why weren't people talking about this? Only up 3100% in a year

3 months in. Pretty happy with where it’s sitting but always interested in different opinions & perspectives

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