Forum Archive Index - March 2000

["craig & celyn bird" <cbird@paradise.net.nz>]

Nz stocks are indeed good buying fodder but sounds like you prefer to invest rather than trade, which gives one angle.Nz's entire population is the size of a small international city (I admit we have foreign funds in our mrkt)At the end of the day would you rather buy nz ,wait while it corrects further, then wait for growth back to your original entry price,and THEN see a return.OR: play int'l mrkts and ride their wave (while it lasts) so that when NZ is ready to go you have 100+ more equity to really harness the growth.P.E doesn't put $ in the bank.% gains 'realised' do.Myself personally, made my debut on ASX 10 days ago and am currently 80% up after correction from 100% up.We are in this to make $.How you do it is your magic alone.Could we see foreign players come to NZ when the time is right?-I think so.If it's that good, why aren't they here now?Really what % $ do you think has gone o'seas, of the forum you refer to in the perspective of  annual t/over? Rather, I think the herd mentality is in fact smart money being made in alternative markets.I'll let you ponder this while I do my P.E on the golf-course while as I tee off the ticker works in my favour.