The stock market explained in 15 secs
https://twitter.com/abeautifulmind7/...90035974057986
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The stock market explained in 15 secs
https://twitter.com/abeautifulmind7/...90035974057986
the us markets all printed yearly reversals , as did most markets apart from nz. ( think that means nz is the best place to be heres a good article from the herald if you scroll thru it your see also in 1987 nz out performed the us markets for quite some time. but what is evident you cannot buck the trend of the major markets for ever as witnessed in 1987 when nz fell back into line with a major thud. not suggesting its an 87 just how all markets follow eventually the trend of the biggest.
https://www.nzherald.co.nz/indepth/b...-market-crash/
So we have two scenarios us markets rebound and nz stays the same and the comparative re aligns or dow keeps falling or stays the same and nz has a big fall this year to catch up.
us markets yearly reversal points to new lows at some stage
2018 was not a good year for stock market variety and depth but I think It is a long term issue that the NZ stock market has shrunk in relation to the size of the economy. Isn’t it partly a structural issue to do with the lack of incentivised pension schemes (until even the weak KiwiSaver came along) coupled the household reliance on tax preferred residential real estate investment?
The NZ shrinking stock exchange is perhaps also in a bit of a vicious circle as NZ pension schemes and instos need to invest heavily overseas to obtain a balanced equity portfolio? Consequently NZ companies need to locate overseas to obtain access to capital?
LOL. what was this guy thinking? 25 per cent of Berkshire Hathaway stock is in Apple. When was having 25 per cent of your investments in one stock a good idea? Sure sure, I know its tempting to roll out the fishing stories at this stage, we've all had luck piling into one stock in the market but, really, it's never a good idea to do this and it almost always ends badly. There's no suck thing as a sure bet.
https://edition.cnn.com/2019/01/03/i...ock/index.html
"Don't bet the Farm, keep investments diversified, simple"
https://www.reuters.com/article/us-b...A1N1H520140224