Fair enough, however there are also plenty of trading opportunities on
the NZ market, such as the recent inl
climb.
Also your 100% increase in
money by oz trading in a few days is clearly
unsustainable. You have obviously done well.
However the right trades in NZ
in the last week could of achieved the same
result
nick
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.
See IRG research reports
