NZSX50 - Good News!

**SailorRob** · 23-12-2019, 04:51 PM

Attachment 10910

See NZ50G in blue (highest) against other non gross indexes the SP500 in green, then the NZ capital index and the ASX200. As can be seen 50% of gains alone in the NZX50 we all look at is from div reinvestment compounding over 10 years. Brain Gaynors article really worth a read.

**bull....** · 17-01-2020, 08:22 AM

while the nzx is making new highs heres a good article on how having bonds in your portfolio as well has made you big gains , even beigger than stocks on this example. ( of course they would have lost heaps if rates had gone up)

https://www.interest.co.nz/bonds/103...fall-they-have

**bull....** · 23-01-2020, 08:29 AM

NZ equity returns for the next decade?

https://www.goodreturns.co.nz/articl...xt-decade.html

I think this is the most important thing to take from the article

each additional year of above normal returns makes any return to a more “normalised” PE more painful.

**Hoop** · 29-01-2020, 10:30 AM

Attachment 10968

Attachment 10969

**Bjauck** · 29-01-2020, 10:42 AM

Originally Posted by bull....

NZ equity returns for the next decade?

https://www.goodreturns.co.nz/articl...xt-decade.html

I think this is the most important thing to take from the article

each additional year of above normal returns makes any return to a more “normalised” PE more painful.

A worry for residential land prices too? I think residential land/property comprises a larger proportion of household wealth now compared with 2008 and 1987.

How each inflated asset market adjusts will probably be different. House prices tend to stagnate whilst the sharemarket tends to be a rollercoaster. However who knows what it will be like next time?

**bull....** · 29-01-2020, 11:58 AM

Originally Posted by Bjauck

A worry for residential land prices too? I think residential land/property comprises a larger proportion of household wealth now compared with 2008 and 1987.

How each inflated asset market adjusts will probably be different. House prices tend to stagnate whilst the sharemarket tends to be a rollercoaster. However who knows what it will be like next time?

it will happen , who knows when is the million dollar question?

Auckland motorways, Harbour Bridge Skypath big winners in Government's $12 billion infrastructure spend-up

https://www.nzherald.co.nz/nz/news/a...ectid=12304150

doing more 4 lane highways is good news helps improve nz productivity

**Bjauck** · 30-01-2020, 10:24 AM

Originally Posted by bull....

it will happen , who knows when is the million dollar question?

Auckland motorways, Harbour Bridge Skypath big winners in Government's $12 billion infrastructure spend-up

https://www.nzherald.co.nz/nz/news/a...ectid=12304150

doing more 4 lane highways is good news helps improve nz productivity

It should not come at the cost and disadvantage of property owners along the routes though. Some have to suffer from having a Notice of requirement on their title for years - or decades - before the finalisation of the route and funding! With compensation being unavailable or at the expense and inconvenience of going to Court. NZ compensation provisions need a thorough update and over-haul.

**bull....** · 03-02-2020, 08:11 AM

China bans hit $3.5b of tourism, education exports

https://www.newsroom.co.nz/2020/02/0...cation-exports

NZ tourism braces for coronavirus hit, 9000 cancellations already

https://www.nzherald.co.nz/business/...ectid=12305050

Outbreak will hit exports, says port boss

https://www.nzherald.co.nz/business/...ectid=12305365

all the stories are coming out at least there realistic , only a very naive person would believe it wont have an impact on NZ. i n fact the people who compare it to sars i would say are naive why because china is so much more important to NZ now for exports than when sars was around so the .08% they parade round is crap it will be a much bigger impact on NZ GDP. did people notice the retailer stocks getting sold off last week thats an indication investors are expecting slowdown in retail to come from all this at some stage. I imagine the RBNZ will cut rates again mid yr once the slow down hits and people start losing jobs ( hopefully not to many but unfortunately tyhere will be some). govt infrastructure package wont help as they are long term projects. they may need to do more if it gets really bad.