U.S S&P 500 vs NZX50

[TeslaGod]

I understand you can't compare the 2 markets, but with the U.S S&P 500 up +27% YTD and the NZX50 negative down -4%YTD with only 6 weeks till Xmas

It truly shows how pathetic this country is being run, could the bear market in the NZ sharemarket last for years after such a glorious decade?

Yes.

Increasing interest rates
Poor leadership- left & right
Declining population
Over valued real estate
Low wages
Low productivity
Growing socialist movement
Anti Farming movement
Anti business
Over valued kiwi dollar

Why would anyone want to invest into this country??
(Unless your investing into the Australian owned banks)

Even with lower returns forcast for the S&P 500 in 2022 its still a far safer bet.

[peat]

I agree that there is likely to be capital outflow based on our govt erratic policies

but in this post in the OCA thread https://www.sharetrader.co.nz/showthread.php?9856-OCA-Oceania-Group-retirement-villages&p=925889&viewfull=1#post925889

I also suggest we've had our run up in 2020 and so we are treading water.

[TeslaGod]

I agree that there is likely to be capital outflow based on our govt erratic policies

but in this post in the OCA thread https://www.sharetrader.co.nz/showthread.php?9856-OCA-Oceania-Group-retirement-villages&p=925889&viewfull=1#post925889

I also suggest we've had our run up in 2020 and so we are treading water.

Thanks peat /I'm still finding my way around this forum.

[SBQ]

I agree that there is likely to be capital outflow based on our govt erratic policies

but in this post in the OCA thread https://www.sharetrader.co.nz/showthread.php?9856-OCA-Oceania-Group-retirement-villages&p=925889&viewfull=1#post925889

I also suggest we've had our run up in 2020 and so we are treading water.

You got that right! Who are the real losers though? Those that place their faith on the NZX50 (with preferential tax treatment of no CGT)? or will FIF be the ugly stick to deter NZ residents from keeping their investments abroad?

[Ferg]

@TeslaGod

I'm not sure we have a declining population - I thought it was growing...do you have a source for that?
Also, low productivity.....are you referring to GDP or some other measure?

I agree with the rest of what you say....another factor is who is going to pay for the recent payout policies? The workers and the rich.

[winner69]

@TeslaGod

I'm not sure we have a declining population - I thought it was growing...do you have a source for that?
Also, low productivity.....are you referring to GDP or some other measure?

I agree with the rest of what you say....another factor is who is going to pay for the recent payout policies? The workers and the rich.

Prooductivity whether you measure it on GDP per capita or GDP per hour work has been pretty flat for years and NZ has for many years been slipping down 'league tables' - OECD numbers have 9 countries doing less well than NZ and 28 doing better ...... not very good is it

[TeslaGod]

@TeslaGod

I'm not sure we have a declining population - I thought it was growing...do you have a source for that?
Also, low productivity.....are you referring to GDP or some other measure?

I agree with the rest of what you say....another factor is who is going to pay for the recent payout policies? The workers and the rich.

Forecasting we will eventually lose our young talent to Australia for higher wages cheaper living/housing and with Labour being anti immigration it could lead to a declining population/I take these into account when investing in NZ property or the NZX.

Who pays? Depends on the mood of the middle vote in 2023.

Left/CGT/Business Tax/Income tax/Wealth &Death tax .

Right/Increase GST/Increase immigration/Less business regulation/.

[TeslaGod]

Prooductivity whether you measure it on GDP per capita or GDP per hour work has been pretty flat for years and NZ has for many years been slipping down 'league tables' - OECD numbers have 9 countries doing less well than NZ and 28 doing better ...... not very good is it

I believe it's a western problem added with Technology /devaluing dollar and basically not be able to work harder like the Chinese.I retired early and although I'm in the top 1 per cent of wealth in NZ I'm as productive as a sack of potatoes and it doesn't help I invest most of my free cash flow into the US/although I would be a minority.

One of the main reasons why I left the work force early is I couldn't comprehend how lazy my work colleagues were..so frustrating.

[TeslaGod]

Typo wrong thread

[TeslaGod]

Typo wrong thread

[Panda-NZ-]

Interest rates are rising. NZ will have the pain first, then recieve immunity later.

[TeslaGod]

In the US the opening bell of trading is cheered, success , capitalism & money is celebrated,

In NZ we get angry at people who have become successful making money, we blame them for the social inequalities.

After 2 centuries we still see ourselves as an insignificant colony of Britannia.

https://youtu.be/ih3uN1R616s