Contribution limit raised from $1000 to $2500, to a max of $10k See clause 4: [www.legislation.govt.nz] [Not so much a "Feature Request", but a "Feature Notification". Not sure if the facility to contribute that much has been added to the site yet.] /forum/read.php?11,11453,11453#msg-11453 Wed, 10 May 2017 04:36:59 +0000 Phorum 5.2.20 /forum/read.php?11,11453,13022#msg-13022 Re: Contribution limit raised from $1000 to $2500, to a max of $10k /forum/read.php?11,11453,13022#msg-13022 admin Feature Requests Mon, 18 Jul 2011 23:56:43 +0000 /forum/read.php?11,11453,12437#msg-12437 Re: Contribution limit raised from $1000 to $2500, to a max of $10k /forum/read.php?11,11453,12437#msg-12437 -------------------------------------------------------
> As per the legal definition it seems to me that,
> if say I put in $10,000 and win say $50,000, then
> I withdraw that $50000... my cumulative total
> therefore (as per legal definition) would be
> -$40,000
>
> Was this supposed to be the case?
>

I guess that makes sense....

Alan.]]> Alan3285 Feature Requests Mon, 20 Jun 2011 04:07:36 +0000 /forum/read.php?11,11453,12426#msg-12426 Re: Contribution limit raised from $1000 to $2500, to a max of $10k /forum/read.php?11,11453,12426#msg-12426
Was this supposed to be the case?]]> Eclipse Feature Requests Sun, 19 Jun 2011 04:42:20 +0000 /forum/read.php?11,11453,12017#msg-12017 Re: Contribution limit raised from $1000 to $2500, to a max of $10k /forum/read.php?11,11453,12017#msg-12017 admin Feature Requests Tue, 24 May 2011 23:12:00 +0000 /forum/read.php?11,11453,11822#msg-11822 Re: Contribution limit raised from $1000 to $2500, to a max of $10k /forum/read.php?11,11453,11822#msg-11822 admin Feature Requests Fri, 06 May 2011 02:20:06 +0000 /forum/read.php?11,11453,11497#msg-11497 Re: Contribution limit raised from $1000 to $2500, to a max of $10k /forum/read.php?11,11453,11497#msg-11497
Quote
Eeyore
It must be current net worth or total net contributions

Clause 4 is pretty clear that the $10k is total net contributions.

  • Your total deposits (money you have deposited, minus any withdrawals) cannot exceed $10,000.
  • And, you can't deposit more than $2,500 in any six month period
]]> pipe42 Feature Requests Wed, 06 Apr 2011 20:27:07 +0000 /forum/read.php?11,11453,11487#msg-11487 Re: Contribution limit raised from $1000 to $2500, to a max of $10k /forum/read.php?11,11453,11487#msg-11487
Good stock idea.]]> TraderV Feature Requests Wed, 06 Apr 2011 05:18:46 +0000 /forum/read.php?11,11453,11486#msg-11486 Re: Contribution limit raised from $1000 to $2500, to a max of $10k /forum/read.php?11,11453,11486#msg-11486 eeyore Feature Requests Wed, 06 Apr 2011 04:36:01 +0000 /forum/read.php?11,11453,11485#msg-11485 Re: Contribution limit raised from $1000 to $2500, to a max of $10k /forum/read.php?11,11453,11485#msg-11485
If you have put in under $10k but your net worth is now over $10k - does that mean you can't put in any more money until it is below $10k again?

Or if it is total net contributions, if you have put in $10k over two years (and lost most of it) - does this mean you can never put any money in again?

It must be current net worth or total net contributions - and either way there seems to be potential perverse outcomes.]]> eeyore Feature Requests Wed, 06 Apr 2011 04:34:17 +0000 /forum/read.php?11,11453,11479#msg-11479 Re: Contribution limit raised from $1000 to $2500, to a max of $10k /forum/read.php?11,11453,11479#msg-11479 pipe42 Feature Requests Wed, 06 Apr 2011 01:40:56 +0000 /forum/read.php?11,11453,11453#msg-11453 Contribution limit raised from $1000 to $2500, to a max of $10k /forum/read.php?11,11453,11453#msg-11453 www.legislation.govt.nz]

[Not so much a "Feature Request", but a "Feature Notification". Not sure if the facility to contribute that much has been added to the site yet.]]]> gr Feature Requests Mon, 04 Apr 2011 00:38:22 +0000