Hey thanks for this. I wasn’t aware Simplicity had a NZ Share Fund. That might be what I’m looking for. I’ll dig a bit deeper into it.

I really appreciate your reply

Nah, you’ve pretty much nailed the question. I guess I was trying to say that my funds in Simplicity will be doing as you mentioned, whatever they choose to do moving forward. However I believe that in their growth accounts, there is still a large exposure to overseas investment.

Kernel (similar to Simplicity, but as far as I know don’t give back like Simplicity does) also has a high exposure to overseas investment in their growth accounts.

I was thinking about moving the funds from kernel to a direct investment in some kind of NZ infrastructure company. It’s not much, and I know that the return is likely to be lower and it’s more risk having a narrow investment pool.

So I guess I was asking what the best way/optimum way to do that would be. I know I could just go on Sharesies and buy stock in Mercury, AirNZ or Spark. But that’s not my preferred option.

Thanks for your reply

Anyone here financially savvy? I know there is a NZ finance sub on reddit, but hoping to avoid that.

I was listening to BHN today and thinking about the Simplicity Announcement where they’re going to invest in NZ infrastructure etc.

I have some investments (not much in Kernel and Simplicity outside of my Kiwisaver) and I was wondering if this is something I could help with? Except I’m not sure what the easiest way to invest in Kiwi stocks (not really a fan of Sharesies). I know that my money is probably better invested in a high growth fund as it is currently. But I’m appalled at the state of this country under this government and I’ve been thinking about what I can do to change things.

I do give to charity and I know this would be a drop in the bucket. But be the change you want to see right?

Any help, thoughts, spitballing greatly appreciated

That’s pretty fucking soft. There better be a large side of restorative justice with that home D. Imagine being so entitled

I’m waiting to see what their new phone will be to decide if I get a pixel or not

Not mine specifically, but I’ve seen pictures online. It’s a complete garbage move and yeah, plain gross!

And yet supermarkets wrap them in plastic on a polystyrene tray…

Great idea. I should get on that! There will definitely be more unfortunately

No. No we don’t. This is just a feel good thing for people who want to give the perception of caring.

I may need a tinfoil hat, but needing a biometric token to sign in is an excellent way of tracking your online activities. Once that token is linked to a device. They’re going to know everything about your online habits. Not just whatever website the token works for.

We got an ex national MP for our mayor. So excited…

Now we’re getting double austerity, local and national level

Honestly, fuck this government and their privatisation bullshit that only benefits the rich and not the tax payers

Looking through who’s running in my local, half of them have promises to cut rates with no plans on how to achieve that and keep services running. Some of the candidates are good to great, but not nearly enough of them and the rest are cleary whack jobs. Despair!

The same else where?

Tbh, the pay rise is reasonable. But the rhetoric from government is never the same. It’s just what they want it to be.

There’s no money for public services. Except this one time. And this other time. Oh and for our mates