@Winner For sure, rode this all the way up to $7.80 and then rode it all the way down. I'm moving most of my funds to index funds but I'm allowed to keep 8 long term mad money shares for interest. This is one of the 8 I've selected.
Good choice is SUM
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Rumour has it that Coutts and I have each placed an order for one of these for future retirement village use...have to get my custom stereo fitted too...and we'll have to get greyhound dog's so they can keep up lol
Real estate going gangbusters in the regions and doing okay in Auckland too https://www.reinz.co.nz/Media/Defaul...ber%202019.pdf
SUM very well positioned with the widespread geographical locations of their villages. Hawkes Bay for instance up nearly 17% and Nelson up 11%.
National Medium up a whopping 8.2%.
No wonder RBNZ stayed on hold yesterday...(probably had early access to these very strong statistics)
BUY
Last edited by Beagle; 14-11-2019 at 11:32 AM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Our Chairman got honoured at his old university last night. In Accepting his honour Rob said: “Diversity is not an aspiration, it is a fact, and we choose whether we recognise and live it. We need to keep a focus on fairness, outcomes, and sacrifice so the rest of the world can progress along with us.”
We said Rob
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Good stuff. Regional housing prices are going gangbusters.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Originally Posted by Bobdn
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