Forum Archive Index - July 2001

["hugh webber" <hugh.webber@clear.net.nz>]

Stick to the NZ market; best yields in the developed world, the NZ
dollar will appreciate if anything so no exchange rate worries. Do some
reading of Buffettology and NZ market research and do your own investing.
Let the Trusts and Funds and financial planners sink into the Atlantic.

Rather amusing really - all these people who 'took the best financial
advice
available' and paid through the nose for it only to find their advisers
were amateurs.

cheers,
Hugh
----------
> From: Mark Hubbard <mhubbard@es.co.nz>
> To: sharechat@sharechat.co.nz
> Subject: [sharechat] What will change this
> Date: Friday, 6 July 2001 19:27
> 
> My two remaining UK investment trusts (investing in Europe and Asia) are
> being pummelled yet again.
> 
> And after all the devaluations that have occurred over the last 18
months, I
> can now see nothing at all that is actually going to turn world markets
> around??
> 
> I'm just damn glad I'm not retiring over the next three years on money
> invested in world markets, because its going to need the next how many
years
> to recover ...
> 
> I'm guessing 10 years before the Nasdaq gets back to 5000, and at least
five
> years for Dow, Europe, Asia (ex Japan) to recover.
> 
> Interested in forum members opinions.
> 
> 
>
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