Black Monday

[Valuegrowth]

[SailorRob]

NZX50 has been flattish over the last 5 years, including dividends. Another 5 years and we'll be able to refer to this as the Lost Decade.

I'd be totally down, as the Kidz say, for another few years of vomit inducing underperformance if we get to refer to the "Lost Decade" in coming years. Would be totally worth it.

"Does everyone remember the Lost Decade, so glad we're in sunny uplands now" or whatever. That's an example of a possible future Black Monday post. A bit stilted but it'll be better when Im doing it for real, in the future. Assuming I'm still alive, god willing.

The capital market (without dividends reinvested) has compounded at 1.8% over 17 years to 2024...

1.8%

That's way less than inflation.

[Bobdn]

I keep on losing the "without dividend" chart and have to use the total return.

Where do I find the capital chart? I think nzg doesn't include dividends?

[SailorRob]

I keep on losing the "without dividend" chart and have to use the total return.

Where do I find the capital chart? I think nzg doesn't include dividends?

The NZG is the most corrupt index in the world, research Gaynor's expose of it.

It includes reinvested dividends in the absolute best theoretical world - totally different from other major market indexes such as SP0500.

So what you want is the NZ50C. The actual index that compares with other foreign ones.

[Bobdn]

NZ50C, thanks, I'll keep a note.

Nzg is just the etf that tracks the NZX50 I think and doesnt include reinvested dividends. Appears consistent with NZ50C.

[Joshuatree]

Rice price at a 4 year high!

[bull....]

Rice price at a 4 year high!

cocoa collapsing now . phew chocolate might not go up as much

[alokdhir]

NZ50C, thanks, I'll keep a note.

Nzg is just the etf that tracks the NZX50 I think and doesnt include reinvested dividends. Appears consistent with NZ50C.

https://smartshares.co.nz/types-of-f...and-shares/nzg

As they pay out actual dividends so it has to be ....


PS : Also if u looking for better then just NZG which tracks NZX50 plus pay out dividends ....so for better growth option KFL with DRP will work better ...it not only reinvests dividends but at 3% discount to current SP thus surpassing the brief of NZX50G which SR thinks is not possible ..

https://kingfish.co.nz/investor-cent...o-performance/

[Rawz]

https://www.chrislee.co.nz/market-news

chris lee article on the index etc

[Daytr]

US CPI due tomorrow.
Should provide direction for markets.
US markets have come a long way on the back of recent job data.

Could be nasty if prices are going up & growth in activity is down.