Quote Originally Posted by born2invest View Post
They are such similar companies though.

If you want to diversify, why buy two electricity companies in little old NZ?

They have little growth in raising sales/profits so over the 20 years I wouldn't expect there to be much growth in the share price, you will just get returns from the dividends.

I am looking to diversify by adding to my portfolio. The two electricity companies appealed to me as a good starting point on the lower end of the risk scale for a young investor.