NZ Everyday Investor

31/08/2026

If we unlock NZ’s digital economy, we get a seat at the new table being set.

Right now, it’s written off as ‘crypto bros’ and rat poison. That’s not where the rest of the world’s at.

Heck, it’s not where forward-thinking NZers are at either…

$36 BILLION each year - that’s the volume of digital assets transacting in NZ annually. Almost 3x that of KiwiSaver.

It’s time to pull finger and try some stuff.

Well done on ACT, but where are the other parties on this issue?

11/06/2026

I’ve been asked about this a LOT lately, so here are my honest thoughts about SpaceX, post IPO (initial public offering).
The facts: IPO valuation: $1.77 trillion / Price per share: $135 USD (if you can get them!) / Revenue multiple: 94× revenue (wowsers!!)

The good:
Space removes the hard constraints that will eventually choke AI buildout on Earth: energy, cooling, regulation, physical geography.
SpaceX is satellite company wrapped a rocket company, all rolled up in AI for good measure. If AI plus robotics goes interplanetary, the amount of value it unlocks could be immense.

Investors with a decade plus timeframe? I’d be open to it.
The bad:
Key person risk is off the charts with SpaceX. All of the success of SpaceX appears to rest on just one man - Elon Musk.
If you already hold Tesla stock, this requires another level of thinking. Do you really want to double down on the success of just one person?
The valuation is ridiculous, the hype is insane, and AI could still be bubble. You’re literally and figuratively strapping a rocket to your money and sending it off into space.

Even if it doesn’t crash and burn, the history’s clear: IPOs in hot markets underperform by 2–3% annually.
So what would I do: Check out the latest on YouTube to find out.

Want to know when it’s possible to own SpaceX in your KiwiSaver? Message me!

07/06/2026

One of the worst investments over the last 6 months, could still be one of the best assets to own.

Hank Harris is a Limited Partner in Ego Death Capital, and co-owner...

03/05/2026

The U.S. is over $39 trillion in debt.

Think about this from a household perspective- what are the options?

Reduce costs? Increase earnings? Go further into debt? Sell some stuff?

What happens if you’ve tried all that and you’re still going backwards?

And what would happen if/when the world loses faith in your/their ability to repay it?

Here’s a conversation I had with ex-wealth manager of 47 years about this exact problem.

It’s an important conversation if you want to be prepared for a potential return to the 1970s.

on YouTube now.

27/04/2026

What if there are TWO types of inflation?

1- Inflation from ‘CONTROLLED systems’ is when prices rise fastest in sectors that are heavily regulated, protected, or run by government (healthcare, education, insurance, energy, banking, and housing. )They can’t adapt quickly to technology or competition.

2- Inflation from UNCONTROLLED systems is when prices fall (or rise much more slowly) in free-market, competitive sectors where technology and innovation are allowed to run (consumer electronics, software, AI, crypto, manufacturing) because competition and rapid productivity gains drive costs down for the consumer.

If inflation doesn’t occur in all prices, then how effective will monetary policy be from here? Should we care less about what central banks and their benchmark interest rates are?

I had a great chat with fellow adviser Hamish Patel last week about this.

20 likes, 5 comments. "Will Central Banks 'Look Through' Stagflation?"