As I said volatility will be new normal. I am pretty sure NZ market will not drop like DOW or Nikkei. Sometimes Dow may go up tomorrow. If so NZ market will escape from falling at least tomorrow. Winners for 2018 should be those who put money in overlooked areas. It is time to study where smart money invests.
As a bit of fun. If everyone had funds to top up just one of their investments-and everything you had was down the same percentage today. or you were going to add anther stock to your portfolio, what would it be?
Unprecedented. Dow currently in the green. Waitangi Day and no brokers at work(for the ASX)may mean less top up opps on the NZX today.
Didn't last long...all one hell ride...across Asia and Europe all down from FTSE -2.64% to Hang Seng -5-02% . US best so far, trying hard to show support.....
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