NZSX50 - Good News!

**bonne vie** · 10-05-2013, 10:33 AM

Thanks CJ. While I have been an investor largely since 2008, It is only recently, due to having a sudden unexplanned exit from working full time (health) that I have had time to be more proactive with my portfolio. My portfolio is even more important now to grow income for the future while mitigating the risks as far as possible. Finding this forum has been great. So much knowledge out there willingly shared, by the likes of yourself, Sparky, Moosie and many more. I hope, in time I will be able to become a meaningful contributor

**Banksie** · 10-05-2013, 10:52 AM

Originally Posted by moosie_900

Looks like the rest of the market is going to be completely ignored today with all eyes on slightly-less-than-Mighty River Power.

Lol - I guess so - even NZX have replaced their landing page with a MRP flag https://www.nzx.com/

**bonne vie** · 10-05-2013, 11:40 AM

Originally Posted by moosie_900

Cheers bonne vie, glad to have ya onboard. I can't wait until the day I can semi-retire and focus on the portfolio day-in and day-out as a hobby AND my income

With your number of posts I thought you must be. LOL . Hope that museum is coming along - can just see a Moose head trophy on the wall winking as another trade is done.

**000831** · 16-05-2013, 10:23 AM

does anybody know whether there is tradable index fund in New Zealand. or index future?

**Stranger_Danger** · 16-05-2013, 05:01 PM

That suggests we still have a little way to run.

He was asking you what to do.

The top is when he tells you what to do.

CJ · 16-05-2013, 05:04 PM

Originally Posted by SparkyTheClown

Well, I said I would tell posters here when the famous "taxi driver" moment happens.

And it happened today.

I don't think that is quite as bad as you let on. You said you are effectively a professional investor, he saw your gold rolex

and asked how he could acheive the same.

The comment re mining stocks is the worrying part of the conversation but the positive is he isn't invested yet.

**Banksie** · 17-05-2013, 12:52 PM

Coming from a newbie this may be kind of ironic - but wouldn't a good metric be the number of new members signing up to sharetrader? If we could chart that against the nzx50 I am sure there must be some sort of correlation.

**Billy Boy** · 18-05-2013, 11:56 AM

Originally Posted by SparkyTheClown

Ah - but newbies coming to Sharetrader could be highly intelligent and seasoned investors (TA and FA alike), who have just got online.

I had been reasonably exposed to property and shares before I first joined Sharetrader in December 2011.

New members who are also new to investing altogether would be a different story.

The Herald have been running some vid's on share market investing...
ME WHO DISLIKE THE MEDIA must on this occasion give them my congrat's.
I only hope they keep going
BB