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09-02-2018, 01:54 PM
#3971
Originally Posted by Joshuatree
cash is King. Your time has arrives skid?
Gold and property.. and have been well and truly sidetracked for the last year--But it sounds like it has been a good year for most around the shares----Im mostly just an older fart who is in preservation mode while I dabble in other cultures (travel)and stuff like that-....and have gone through a slight readjustment of priorities of late(theres alot going on that transcends mere dollars and cents across the water(Do I need to be a 1%er when many I see over there are Dicks?)--Noah fence to anyone who fits the bill around here)--Young Bucks like Coutts are far more interesting--(surprised you having hired professionals for that fence Coutts with all those spoils!)
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09-02-2018, 02:09 PM
#3972
Originally Posted by skid
Gold and property.. and have been well and truly sidetracked for the last year--But it sounds like it has been a good year for most around the shares----Im mostly just an older fart who is in preservation mode while I dabble in other cultures (travel)and stuff like that-....and have gone through a slight readjustment of priorities of late(theres alot going on that transcends mere dollars and cents across the water(Do I need to be a 1%er when many I see over there are Dicks?)--Noah fence to anyone who fits the bill around here)--Young Bucks like Coutts are far more interesting--(surprised you having hired professionals for that fence Coutts with all those spoils!)
I'm feeling good now skid, being a young 56yr old buck, I always believe if you can do something yourself, then do it. Actually I've always lived a frugal lifestyle on the whole and that hasn't changed since my wealth has increased, I enjoy the challenge of the share market first and foremost. PS-I find working with the elderly is always interesting.
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09-02-2018, 05:10 PM
#3973
Originally Posted by skid
...Im mostly just an older fart who is in preservation mode
That's pretty much where I've been since I retired a few years ago, taking the view that so long as there is more cash coming in than going out, I can ignore the short term pain and view downturns as opportunities to go shopping rather than a reason to panic. That said, if this is the extent of the correction, it's a pretty pathetic one (so far).
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09-02-2018, 05:13 PM
#3974
NZX 50 down a whole 1%, wow, nothing to see here, move right along.PS-US futures showing green at the moment.
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09-02-2018, 05:30 PM
#3975
The question you need to ask is, why is nzx down that 1%, in that short timeframe. The first step on a slippery ladder may not necessarily be the final destination.
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09-02-2018, 05:35 PM
#3976
Originally Posted by couta1
NZX 50 down a whole 1%, wow, nothing to see here, move right along.PS-US futures showing green at the moment.
The only problem with this is the U.S. market isn't closing anywhere near where it opens. I thought i saw the futures up at one point yesterday also.
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09-02-2018, 05:37 PM
#3977
Originally Posted by arc
The question you need to ask is, why is nzx down that 1%, in that short timeframe. The first step on a slippery ladder may not necessarily be the final destination.
Really, with the Dow down 4.15% and the S&P 3.75%, overnight,I think it shows you how resilient our market is.
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09-02-2018, 05:39 PM
#3978
Dow displaying present business comfort levels.
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09-02-2018, 05:44 PM
#3979
Originally Posted by couta1
Really, with the Dow down 4.15% and the S&P 3.75%, overnight,I think it shows you how resilient our market is.
Resilient... ?
We have traditionally been slower to respond.. Respond being the key word. As US companies shrink activities the trickle down effect hits us later and lasts much longer. They recover in months, we take years.
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09-02-2018, 05:46 PM
#3980
Originally Posted by couta1
I'm feeling good now skid, being a young 56yr old buck, I always believe if you can do something yourself, then do it. Actually I've always lived a frugal lifestyle on the whole and that hasn't changed since my wealth has increased, I enjoy the challenge of the share market first and foremost. PS-I find working with the elderly is always interesting.
Just having a dig --Keep up that fence painting (and we have a similar work ethic and demands on life)
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