Rates this low sort of says long term expected returns on the S&P are zilch or
Have to stick to stock picking and hoping like hell trading works out
to much uncertainty to hold stocks for me , ill wait for earnings to catch up with reality or for a cure to the virus before i go all in again. although in a bear down draft day trading can sometimes be profitable or shorting stocks.
long term returns guess come from buying at reasonable levels eh guess if you own stocks from 10 yrs ago or what who cares eh unless its air or thl etc lol
The NZSE Bull officially died this morning .You made our economy very strong, helped reduce unemployment and created us wealth...you will be missed old friend.. RIP
The NZSE Bull officially died this morning .You made our economy very strong, helped reduce unemployment and created us wealth...you will be missed old friend.. RIP
Maybe the world needs a decent recession/debt-default to re-balance things and change the way central banks are currently pursuing monetary policy.
China could well be our saving grace at this point with their recovery dawning , both Australia and NZ should benefit from that sooner than some others perhaps
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Originally Posted by bull....
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