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18-09-2017, 12:12 PM
#3541
Originally Posted by arc
Not just this issue, there are many that need solving. I see some very hard choices having to be made. Either as New Zealanders we collectively grow up and take the hard but responsible and right decisions now, or we all continue going down that slippery slope and become much "less" than what we currently are.
Who ever wins the pick-me govt lottery in a few days time is going to be in a hard place, some parties just manage to cover inconvient truths better than others.
History suggests we'll wait till the country's on the verge of bankruptcy before making a change, AKA 1984 election all over again lol
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19-09-2017, 07:25 AM
#3542
one step ahead of the herd
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19-09-2017, 07:44 AM
#3543
Originally Posted by bull....
Might be time to switch into unhedged overseas investments (priced in USD for example), eh?
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19-09-2017, 07:47 AM
#3544
Originally Posted by huxley
Might be time to switch into unhedged overseas investments (priced in USD for example), eh?
Market just keeps rocking along. No end in sight. It really is different this time. We have never had this extended low interest rate environment. This BULL will just keep on keeping on going up. I can feel it in my bones.
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19-09-2017, 07:55 AM
#3545
Member
Originally Posted by blackcap
Market just keeps rocking along. No end in sight. It really is different this time. We have never had this extended low interest rate environment. This BULL will just keep on keeping on going up. I can feel it in my bones.
Ok Mr Renouf 😊
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19-09-2017, 08:20 AM
#3546
Originally Posted by bull....
HaHa, coming from big time shorters like UBS, pass a Tui.
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19-09-2017, 08:51 AM
#3547
Originally Posted by bull....
... the usual scaremongering from our resident bear.
Here are the relevant citations:
UBS said Thursday there is now a "fair chance" of a change in government and that will put pressure on GDP growth, inflation and the kiwi dollar.
UBS identifies housing-related stocks as at risk from any Labour-led coalition with policy promises to ban the sale of residential property to non-resident foreign buyers and build 10,000 new homes annually.
UBS says any fall in housing would put pressure on the aged care sector and lower economic growth should negatively impact the transportation sector.
OK - so not sure who made them election specialists, but they said there is a "fair chance" of the government to change.
Fair chance is no certainty.
They draw as well a quite long bow from a generally deteriorating economy due to a Labour government to pressure on retirement homes. Their arguments are neither uncontested nor new.
If you want to do something positive - vote National or ACT!
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
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21-09-2017, 08:06 AM
#3548
wow - warren buffett says the dow is going to 1 million
http://money.cnn.com/2017/09/20/investing/warren-buffett-dow-1-million-100-years/index.html
one step ahead of the herd
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21-09-2017, 08:42 AM
#3549
Originally Posted by arc
Whoever ends up in the govt hot-seat, will very likely have the "End of the bull market" event happen during their watch. This one will be Global.
But given that Planet X is supposed to smash into Earth this weekend and end the world - they shouldn't worry too much about that eh....
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21-09-2017, 08:46 AM
#3550
I did not read the article, but if from the header is implying that in 100 years the dow will be at 1 million, well I think it may be a lot further. Lets argue for simplicity's sake that the market doubles every 10 years (it probably does slightly better than that). They there are 10 "doublings" to go in another 100 years. Lets see where that leaves us:
10 40,000
20 80,000
30 160,000
40 320,000
50 640,000
60 1,280,000
70 2,560,000
80 5,120,000
90 10,240,000
100 20,480,000
So one could easily argue that the Dow should be at 20 million in 100 years time
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