"If this is a cross section of NZ society, then we are very ill informed as a whole".
Yes we are.
I keep hearing young people hark back to '87 and they weren't even born.
It comes from their parents and their aversion.
You can see it in Kiwisaver - young people with a conservative fund.
I had a read of those yesterday and I thought "If this is a cross section of NZ society, then we are very ill informed as a whole".
One comment is so true
-1
22 hours ago
MrK
10 years of growth... This seems like the perfect time to be bailing out of the stock market, which is exactly what I've done. There could hardly be worse conditions for buying than what we have right now.
This type of article always comes out around the peak, and they always look backwards rather than forwards. They draw in people who have no idea what they're doing, who then get burned and vow never to invest again. It's painful to watch.
Many on here who i hazard a guess have only seen the good times (a half cycle) and have not experienced the full cycle which
There are also many who posted on this forum in the past who have disappeared over the years .....probably a lot lost their hard earned cash
”When investors are euphoric, they are incapable of recognising euphoria itself “
The way Mark uses the word ‘first’ suggests he’s expecting more (but may have just misspoke)
Mark Lister (@MarkListerNZ)
18/07/18, 8:48 AM
One of the first earnings downgraded ahead of the August reporting season out this am. Z Energy revises EBITDAF guidance down 6-7%, on the back of supply chain disruptions and high petrol prices.
”When investors are euphoric, they are incapable of recognising euphoria itself “
testing the bottom of the range now. Its worth noting nz market sits just outside the very top of its long term trend channel which some would consider to be an overbrought situation
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