Black Monday

[Azz]

For normal investors going into cash at any given point to try time the market is a very stupid idea.

I agree.....

[Azz]

Quite right. And owning a super-yacht that has been hand carved out of cheese: the ultimate status symbol for a kiwi!

Now you're thinking, Snoopy! :-)

[bull....]

I doubt it. Things are looking very shaky for NZ.

yep NZ 50 opens down yet again

[thegreatestben]

https://www.downtoearth.kiwi/post/ne...atorial-guinea

Ouch!

[DavidB]

https://www.downtoearth.kiwi/post/ne...atorial-guinea

Ouch!

Well at least we can say we are winning one race. To the bottom!

[bull....]

NZ in a debt pickle from out of control govt spending

[winner69]

https://www.downtoearth.kiwi/post/ne...atorial-guinea

Ouch!

Load of codswallop from IMF

They were warned not to use ChatGPT to sort out their spreadsheets / models …things got all muddled
up

This just highlights the folly of AI

[causecelebre]

Doesn't read well does it. I have been reducing my exposure to NZ equities for a while now. Not only do we have poor fiscal management but our exposure to China is concerning

[ValueNZ]

hahahahahaha !!!! "Cash" over the lifetime of my art and bitcoin is such a bad loser compared, you would break down and cry!

That's not a surprise cash is horrible and both crypto and art have had serious speculative runs as of late, likely as a result of interest rates being held so low for so long. Still I would rather watch my cash lose value over time in a savings account than hold art or crypto.

Of course I would never do so. I have 95% of my net worth in equities that I believe are significantly undervalued and would only sell them if
a. An even better, more undervalued opportunity came along
b. They rose to what I believe to be fairly valued

Your crypto and art hold no intrinsic value.

[Azz]

Your crypto and art hold no intrinsic value.

That's a really dumb thing to say! They are priced within markets.