Interesting with all this talk of recession that the NZX50 is up around 11% ytd. I had my Kiwi Saver in an aggressive fund after last year's sell off which has done pretty well. I have just switched it to cash.
Hmmm, I see NZX50 is up 3.1% year to date not 11%
And the NZX50C which doesnt compound dividends is up under 2% YTD
Or am I misunderstanding the numbers?
Hmmm, I see NZX50 is up 3.1% year to date not 11%
And the NZX50C which doesnt compound dividends is up under 2% YTD
Or am I misunderstanding the numbers?
No you're not.
You are correct. Daytr is a really interesting character, trading off his phone he may need a bigger screen as his figures are way off.
He has provided a lot of misinformation and told us that he's a former pro with 20 years experience.
Interesting with all this talk of recession that the NZX50 is up around 11% ytd. I had my Kiwi Saver in an aggressive fund after last year's sell off which has done pretty well. I have just switched it to cash.
Dude get your figures right, or even within ballpark.
Hmmm, I see NZX50 is up 3.1% year to date not 11%
And the NZX50C which doesnt compound dividends is up under 2% YTD
Or am I misunderstanding the numbers?
Sorry quite correct. My figure was for the last six months not year to date.
So if I was sitting on 14.5% YTD, should I go to cash and forget the rest of the year?
possibily depends on the market conditions and how good you think you are to replicate it again next yr ( which i know you think timing is rubbish ) but did you know this tactic is employed by traders in institutions sometimes to lock in there bonus lol
possibily depends on the market conditions and how good you think you are to replicate it again next yr ( which i know you think timing is rubbish ) but did you know this tactic is employed by traders in institutions sometimes to lock in there bonus lol
I know this tactic is used but I also know that nobody, or VERY few have been successful at employing it to beat the market over long periods.
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