NZSX50 - Good News!

[Timesurfer]

As you say, in a worst case scenario the would will come crashing to standstill. However, I survived Y2K, the end of the Mayan calendar, and numerous other world ending events so every day is a bonus - live on the edge and keep investing I say.

[bull....]

As you say, in a worst case scenario the would will come crashing to standstill. However, I survived Y2K, the end of the Mayan calendar, and numerous other world ending events so every day is a bonus - live on the edge and keep investing I say.

lol you done well to survive for so long as for living on the investing edge ill wait for more clarity on the virus being contained i dont mind missing the bottom

[bull....]

While a suspension is abnormal, the industry regularly goes through periods of pushing and cutting right back inline with prices. As long as it is only a short term blip (which is what they seem to be suggesting with Chinese holidays etc) then it should have little overall effect on the GDP. Different story for those in the local industry who won't be getting pay packets after Christmas splurging though.

read this for update on the forestry very bad situation

http://www.gisborneherald.co.nz/fron...p-buying-wood/

[winner69]

Should be a good day on the NZX today

Bull.. might say last chance to sell before the real collapse

King probably buying a few

[peat]

Re Milk Auction
" there does not appear to have been a large drop in Chinese demand.”

[bull....]

Should be a good day on the NZX today

Bull.. might say last chance to sell before the real collapse

King probably buying a few

always alert

did you know NZ gdp has been falling since 2015 and likely to get worse becuase of corona virus yet stock prices keep going up ? if you believe in the gdp , stock price relationship over the long term

[Bjauck]

always alert

did you know NZ gdp has been falling since 2015 and likely to get worse becuase of corona virus yet stock prices keep going up ? if you believe in the gdp , stock price relationship over the long term

I thought that gdp growth has been at about 2.5% pa since 2015
https://en.wikipedia.org/wiki/Economy_of_New_Zealand

Asset prices though have surged perhaps owing to interest rate movement.

[bull....]

I thought that gdp growth has been at about 2.5% pa since 2015
https://en.wikipedia.org/wiki/Economy_of_New_Zealand

Asset prices though have surged perhaps owing to interest rate movement.

should have said gdp % growth has been falling since 2015

https://www.stats.govt.nz/topics/gross-domestic-product

and your right about its only the interest rate effect to support stock prices at these levels

[dobby41]

Should be a good day on the NZX today

Bull.. might say last chance to sell before the real collapse

King probably buying a few

I am hoping for a real collapse.
The amount of money I am about to invest eclipses what I already have invested so a collapse would put me in a good starting position with my changed investment structure.

[BlackPeter]

I am hoping for a real collapse.
The amount of money I am about to invest eclipses what I already have invested so a collapse would put me in a good starting position with my changed investment structure.

Problem is - the real crashes occur only if nobody has any money left to buy (i.e. everybody is fully invested). It is people like you and me who spoil what could turn into a really beautiful stock market crash ...