Does the FDR Tax Treatment of investing direct offset not more than offset the NZX ETF fees and PIE tax treatment?
Printable View
This competition is currently a health hazard. Only 45/158 are actually in positive territory at market close today.
I wonder what the average score is. I am 58th at minus 1.12% so that tells a tale!
FBU and RYM are only some contributors to to the malaise. There are many more. I hope folks real portfolios are in better shape.
Hahaha .. enuff of that - I'm not complaining .. ATM has been really kind :)
Now without that - I would say NZX is a Health Hazzard .. ASX more volatile but
easier to dodge the multitude of dead, dying and crippled broken ^** outfits
and other casualties that hang out between the vast lines of NZX Funds etc :)
Yeah the NZX is a bloodbath. This is what happens heading into a recession. Anything selling to Kiwis gets pumped, unless its mandatory.
I hope my exporting Scales, TWR insurance and boring electricity can hold the line.
Interesting week for this competition by any measure, with some serious volatility!
Congratulations to "northcote" who has now finally relinquished last place to another unfortunate soul, and to "Tim Nice But Dim" who was the biggest mover, up a massive 95 places and coming from the clouds to 45th on the list.
Competitors to watch are "Felix" and "carrom74", both up 38 places to 5th and 7th respectively to lodge their challenge.
Comrade Ardern has 5 solid picks in FBU ARV RYM OCA and GNE
2nd last and -15%
Who would have thought that but no worries come year end could be near the top
I'm out of the top 10 now. I should never have included the NZX50...or maybe it will pick up steam. Who the hell knows.
Iceman number 3 with some solid ETF picks. I'm number four. Are US small caps starting to work?
Time for Journey's "Don't stop believing"
https://youtu.be/VcjzHMhBtf0?si=QT7cRuSXqU9mRvVE