You may well be right Ecks but I think the degree of doom looking out the window in Wanaka is much higher than in rural southland where work is going on as normal and farmers are salivating over a 60 cent exchange rate
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What depression...?what bear market? What the hell u guys talking about..? Many people ... especially newbies are buying ......they even think skycity is a good buy.... without revenue at least till end of year ....
AIA is a bargain ..... no passengers at least till next year.....
Buy...buy ..buy...... great opportunities!
https://www.youtube.com/?feature=ytca
As the much over quoted Buffett says, “when it’s raining gold, reach for a bucket, not a thimble”. This was from his 2010 annual letter to his shareholders ... right on the heels of the GFC.
Discl. Made my first foray into HGH at .93c
Well....the problem of Heartland being to big a proportion of my portfolio is well and truly fixed.
Silver lining in every cloud !:(
I dont think HGH will be having too much trouble raking in the depositor gold at the moment with comparable tiny rates offered by their competitors for smaller terms and a system awash in Govt Loot, with limited avenues for spending aside from "the so called deemed Essentials"
Their deposit rates pages are only near Rabo - and as for the other players - HGH & Rabo now offer a very generous multiple of those on offer from many or bulk of the majors & other banks.
Hate to say it - Kiwibank (aka The People's Bank) now offer what seem to be the most miserable rates, after having been severely razored down in recent days
A few thimblefuls here and more to follow ..