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...
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 ..
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