The NZX50 under performance is concerning.
However, if there is ever an Old People's Homes and Power Boards Mania, like what we saw with the meme stocks recently, the tech bubble in the late 1990s and tulips in Holland, New Zealand investors will be "well positioned".
PS I have around 15 per cent of my financial assets in the NZX50 which I'm not touching. Who knows how things will play out