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2299 posts

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  #2445223 24-Mar-2020 09:23
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Shares dont have to appreciate much to beat the banks when ocr is 0.25%.

Theres a chance we end up like japan with low share prices which is why you have diversified portfolios.

As I mentioned above. I have units based in au USA NZ so some coincidence. If I had chased returns I would have put all my cash in nz units which did greater than 10% return for more than 5 years.




2299 posts

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  #2445224 24-Mar-2020 09:23
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Shares dont have to appreciate much to beat the banks when ocr is 0.25%.

Theres a chance we end up like japan with low share prices which is why you have diversified portfolios.

As I mentioned above. I have units based in au USA NZ so some coincidence. If I had chased returns I would have put all my cash in nz units which did greater than 10% return for more than 5 years.




 
 
 
 


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Ultimate Geek

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  #2445316 24-Mar-2020 10:35
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afe66: I've been buying passive index units (smartshares) for 15 year or so with the dividends automatically use to buy shares
So bit of compounding shares.

My plan is to increase purchases every fortnight or so for the next 3 months aiming at the us market.

This will lower the average unit cost of my portfolio and as I have already been buying for a long time, I am happy with long term returns. To be honest I only look at the unit worth when dividends are paid every 6 months or so.

I dont actually know the current unit values of my shares but as they include a nz, au, us, Pacific etc units there will be losses.

Although the us units I block purchased 3 years ago may still be above my purchase price.


I'll be buying too, but I'm going to wait until our alert level drops back to 1 (or 2), when prices should start rising again. And we know that we both have our jobs!




 

4559 posts

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  #2445481 24-Mar-2020 13:59
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I'm waiting to pounce on a large purchase of shares... diversified selection across AU/NZ / US... not sure about the UK/Europe, but perhaps. 

 

Many of these companies are simply going to bounce back following this situation. 

 

I don't get why energy companies in NZ have fallen so dramatically -- might be worth weighting these a bit heavier . 


15866 posts

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  #2445487 24-Mar-2020 14:05
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surfisup1000:

 

I don't get why energy companies in NZ have fallen so dramatically -- might be worth weighting these a bit heavier . 

 

 

 

 

I suspect some stocks are being pulled down with the others. But I also suspect power companies will lose some money from commercial power use. 


4559 posts

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  #2445496 24-Mar-2020 14:17
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mattwnz:

 

surfisup1000:

 

I don't get why energy companies in NZ have fallen so dramatically -- might be worth weighting these a bit heavier . 

 

 

 

 

I suspect some stocks are being pulled down with the others. But I also suspect power companies will lose some money from commercial power use. 

 

 

I agree with you. But, this is a temporary fall in revenue for a rock - solid dividend producing utility company. 

 

Genesis fell from around 3.25 to a low of 2.01 -- roughly 1/3 fall which will most likely bounce back in a year from now. 

 

 


735 posts

Ultimate Geek


  #2445628 24-Mar-2020 17:48
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Stock market up 7% today. 





BlinkyBill


 
 
 
 


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  #2445634 24-Mar-2020 18:02
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I've lost $100k but I've still got almost 20 years to retirement so I'm not too bothered - keep chucking money in, keep it in growth and wait for the bounce.....


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  #2445650 24-Mar-2020 18:34
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tukapa1:

 

I've lost $100k but I've still got almost 20 years to retirement so I'm not too bothered - keep chucking money in, keep it in growth and wait for the bounce.....

 

 

Is that kiwisaver or do you buy companies individually?. They benefit of buying the individually, is you can sell off some , and leave others.


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Ultimate Geek


  #2445724 24-Mar-2020 19:44
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The disadvantage of buying individual company shares is 1) you need to know how to read and understand annual reports, balance sheets, and news reports of company activities, 2) you need to have the time to do all that due diligence, 3) you have to track the market trends and international macroeconomics, and 4) be willing to gamble and take risks and lose money.

 

otherwise you are simply guessing.

 

there is concrete evidence that passive investing and vehicles like index funds outperform active investing.

 

in my humble opinion, for most people they would be much better off sticking to funds and index funds, and holding them over the longer term.

 

This opinion doesn’t apply if you need access to your money in the short term.





BlinkyBill


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  #2445943 25-Mar-2020 05:47
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mattwnz:

tukapa1:


I've lost $100k but I've still got almost 20 years to retirement so I'm not too bothered - keep chucking money in, keep it in growth and wait for the bounce.....



Is that kiwisaver or do you buy companies individually?. They benefit of buying the individually, is you can sell off some , and leave others.



Work superannuation scheme. Kind of like KiwiSaver but not KiwiSaver.

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