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  1. #21
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    Quote Originally Posted by Crypto Crude View Post
    Evergrande has defaulted now... and bad inflation figures coming out of the US...
    Watch this space...
    cc
    (DJIA 35970.99 09+216.3 +0.6%) (S&P 500 4712.02 09+44.57 +0.95%) (NASDAQ 15630.6 09+113.23 +0.73%) (NASD 100 16331.98 09+182.41 +1.13%) (RUSS 2K 2211.81 04-8.4 -0.38%)

    So Crytpo Crude, please elaborate how the market is going to collapse? Maybe investors realize there's no better place to put their $ than into owning businesses.

    BTW, China's domestic real estate market is entirely separate to the world due to China's currency controls going in and out of the country.

  2. #22
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    Walmart, MCD, trustpower, CHD.

  3. #23
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    Hmm.. the above options (excl trustpower) are particuarly good since USD will drop in a recession.

  4. #24
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    In my opinion, what you want is a diversity of investments. Since none of us know exactly what is ahead next year, it could be anything from growth as usual to war and Armageddon. My position:

    A broad selection of NZX growth and dividend stocks; overseas managed funds; New Zealand investment property; my own house and small farm for home food production; home power generation; water storage and access to natural fresh water; a selection of guns and ammunition.

    I feel I am well positioned which ever way it goes.

  5. #25
    Guru justakiwi's Avatar
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    Please tell me this was sarcasm/a tongue in cheek comment.

    Quote Originally Posted by Biscuit View Post
    ......a selection of guns and ammunition.

    I feel I am well positioned which ever way it goes.

  6. #26
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    Quote Originally Posted by justakiwi View Post
    Please tell me this was sarcasm/a tongue in cheek comment.
    You may be disappointed to hear that is not a tongue in cheek comment. Don't take it the wrong way, the guns are for possums, hares, rabbits and sheep. However, if there was ever a complete breakdown in society, access to effective weapons would be essential for survival: watch any reputable zombie film to see what it could be like.

  7. #27
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    Good to know. I have no issue with using firearms for that purpose.

    As for a zombie apocalypse - seriously one of my worst nightmares
    Not sure I'd even want to survive that.

    Quote Originally Posted by Biscuit View Post
    You may be disappointed to hear that is not a tongue in cheek comment. Don't take it the wrong way, the guns are for possums, hares, rabbits and sheep. However, if there was ever a complete breakdown in society, access to effective weapons would be essential for survival: watch any reputable zombie film to see what it could be like.

  8. #28
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    Quote Originally Posted by justakiwi View Post
    .......As for a zombie apocalypse - seriously one of my worst nightmares
    Not sure I'd even want to survive that.
    Maybe we didn't survive it?

  9. #29
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    Quote Originally Posted by justakiwi View Post
    Good to know. I have no issue with using firearms for that purpose.

    As for a zombie apocalypse - seriously one of my worst nightmares
    Not sure I'd even want to survive that.
    Yeah what's the point. Having realism would be survivors dying left and right from formerly preventible illness.

    It's a shame they don't get into the lack of antibiotics in a zombie film.
    Last edited by Panda-NZ-; 12-12-2021 at 11:20 PM.

  10. #30
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    Yep, sometimes it sure feels that way huh?

    Quote Originally Posted by Biscuit View Post
    Maybe we didn't survive it?

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