Forum Archive Index - July 2001

[jo 99 <ril_01us@yahoo.com>]

What are you doing going back to NZ, Sarah? Have you
taken a vow of poverty?

Have just been through NZ and after two weeks of 'you
know', 'eh?' and 'mate' I couldn't wait to get out of
the place.

We were also robbed in Auckland. Made the mistake of
going out after night-fall.

The South Island wasn't too bad though. There are good
people down there.

In the US now. 

Met up with one or two friends who are stuck in NZ and
have taken a 30% hit in Auckland property values in
the last 18 months (in USD terms). I got my money out
luckily.

It was all so depressing really. When ag. commodity
prices turn NZ is down the gurgler even more. Some of
the informed are admitting privately that the country
is stuffed but you won't hear that publicly. Have to
keep the plebs' spirits up.

If you do go back I recommend that you take out
Australian medical insurance. This is because the
medical standards and access are so poor in NZ
(according to my sources). If you are in an accident
it is important that you get air-lifted to Sydney
(proper doctors) if you need an operation. We had a
special clause in our travel insurance that if we were
injured in NZ we would be flown to Sydney gratis.

Also, don't do a degree in NZ as they are starting not
to accept them overseas. I turned down a couple of
Kiwis in London for jobs because I no longer trust
NZ's tertiary system.

Perhaps you have non-economic reasons to return so
good luck to you and take care.

Sharechatters, I know my picks have been poor over the
last year but I checked out a company while I was in
NZ called Cabletalk. I liked it. No promises but it is
a good solid tech on a low PE (forecast). Selling
spades instead of digging for gold type. Have a look
at it.

All the best and be stout of heart in the face of your
economic and social difficulties. I would also suggest
that you eject the feminist clique currently running
your country at the next election because they are not
helping.

Alternatively, you could do what people in Capetown
are doing. That is partying like there is no tomorrow.
Because in both countries there really isn't.

RIL

__________________________________________________
Do You Yahoo!?
Get personalized email addresses from Yahoo! Mail
http://personal.mail.yahoo.com/


----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/forum.shtml.