a lot of big well known funds haven played the bounce have been putting new shorts on would explain
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Sell in May and go away
Let people use KiwiSaver to repay debt, petitioner urges Parliament
https://www.stuff.co.nz/business/121...ges-parliament
financial literacy 101 , pay off debt before investing but kiwisaver different lol lets send you to the streets but least your still have kiwisaver when you retire
Maybe it only work in the Northern Hemisphere?
https://www.investopedia.com/terms/s...nd-go-away.asp
Thanks for posting...... and timely reminder that selling out and leaving the market for a period is pretty risky. Remember the markets as measured by NZX50 or S&P etc are averaging machines.
Basing your strategy on the performance (TA/FA) of the individual shares/companies you hold, gives you have a better chance of outperforming the indexes or averages.
Here we go
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