That's the 100 million dollar question.
I do sit on the fence ... though I did buy some recently ;);
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"He who does not work shall not eat". My interpretation on the difference is the former refers to "striving" (hence the likelihood of becoming weary especially in this market) to get rich whereas the latter refers to the dignity of good honest day's work without necessarily any attempt to get rich out of it.
"He who does not work shall not eat"
You're confused, that's not from the book of proverbs, i think that was the government's mantra on raising the retirement age, whilst simultaneously reducing the cost to the healthcare system due to OAPs
watch the feb lows , bounce or crash? remeber nz is massively overvalued as of today
nz could still fall around 1200 pts or another 13% just to hit the near the bottom of the up trend channel , currently its still near the top even oafter the 8% its already fallen. just goes to show nz was running on nitro fumes. pe ratios are still high , grossly high for some big caps. anyway guess your know in hindsight a