amazing revaluation in this sector.. similar to GFC.. then it rolled over. But with the huge amount of local QE valuations could go still higher.. Amazing and took out all our positions except one.
these are now a trade again. unless the FED starts to enter the long end of the market its banks banks banks.
sadly we dont hold HGH as its a bit to local. Those fake store fronts are a bit to scary and it has to move into FIN Tech if it want to grow outside NZ.
these are now a trade again. unless the FED starts to enter the long end of the market its banks banks banks.
sadly we dont hold HGH as its a bit to local. Those fake store fronts are a bit to scary and it has to move into FIN Tech if it want to grow outside NZ.
I am considering buying shares in Westpac NZ. I am not seeking advise on WBC as that is not appropriate on this forum.
What i would be interested in is any any comments on my proposal as a concept.
I am 63, have 95 % equity in our residential property with a market valuation around $800 K. I have a superannuation plan which I have been contributing to since 1990 I work for a district health board and plan to work for another 4 year. I have no interest in investment property and remain somewhat concerned about this sector once interest rates return to normal ( I well recall the mid 1980s when my mortgage was 21%l.
I am considering an add on to our mortgage to purchase 2000 shares in Westpac NZ. Any comments would be of interest
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Originally Posted by macduffy
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