Even Daytr 6 Month figures are well off the mark...
9.5%...
Not 11%.
And that's the GROSS index.
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Even Daytr 6 Month figures are well off the mark...
9.5%...
Not 11%.
And that's the GROSS index.
Yes really mate.
I'm not talking about some ridiculous fake Gross index.
I'm talking about the NZX 50 market... the same way every other market is measured...
Education is key, no excuse to be ignorant these days.
Impossible for the index you think is the index to ever really go down for long...
https://milfordasset.com/insights/gr...at-capital-one
Interesting article. I had no idea about the index's history.
The NZ50 Capital market is not 'exactly' where it was in April 2019, in fact it's up 9.78%. But I think we get your point, four years index capital gains of about 10% isn't much, it's only up 10% from the recent lows, but at least there is an upwards trend since June last year. It's been very volatile in those four years, just like most international capital markets.
Correct, I was referring to the 11th of July 2019. As you point out that's not 4 years ago, my exactly where it is now meant exactly where it is now but my 4 years was not meant as exact.
So we can say 4 years of capital gains of 10%.
Or we can say 1378 days or 3.8 years of 0% gain.
I should have said the NZ market is exactly where it was nearly 4 years ago!