This is now the longest government shutdown in US history, and no one has any clue as to how much longer it will last.
Most people like to pretend they have some idea about this aspect of finance. They like to think they’re smart enough to be the Wolf of Wall Street…or the Ape of the NZX…or the Numbat of NASDAQ…
Don’t worry, you aren’t expected to know what a numbat is. But as for the NZX or NASDAQ…
Well, anyone wanting to even lightly dabble in stocks needs to know their way around these. In fact, you need to know your way into these.
Where are the stocks?
NASDAQ is short for the National Association of Securities Dealers Automated Quotations —an American electronic stock exchange. The Kiwi equivalent is the NZX — the New Zealand Securites Exchange.
You aren’t a true investor if you don’t visit these websites on a daily basis.
They show you what stocks are on the rise…how long they’ve been on a rise…the highest price they’ve ever hit…and of course, they can tell you the opposite…
But it’s not enough to type a company name into Google and check out the share price graph. Not if you want to be serious about investing, that is.
Where the treasure of the market lies
As an investor, you need to dig deeper than the mainstream headlines to see where the stock market’s really at. The true stock opportunities aren’t going to be on the first page of a Google search.
They’re going to be hidden amidst the daily NZX and NASDAQ announcements and reports.
I told you it was more than just graphs.
Luckily, here at Money Morning, we’re prepared to do the hard yards for you.
We’ll search through all the information, and piece together the stories that drive the stock market moves. And it will all be available to you right here, on this page.
We aim to provide you with insight you won’t get anywhere else, to help you stay ahead of the investing curve.
We’ll talk about the stuff that isn’t making any headlines…the stuff people don’t want to reveal.
New Zealand stock market news
Discover the latest insights on global and New Zealand share markets right here…so that you can buy, sell and trade shares, with minimal loss and for maximum profit.
With updates daily you’ll always be up to speed with the latest moves of the stock market.
Check out the latest news down below.
China, the global growth engine of the past decade, is slowing…under the weight of debt, trade war and that other indisputable force…
Frankly, this whole story is pretty hard to believe…and with the rumour mill humming at maximum capacity, it’s hard to tell what’s true.
Today, let’s reach out to the fringes of the market…to the untested, novel ideas that may shape our future.
Japan needs to make some structural changes. If they don’t they’ll be left severely disappointed, much like the investors buying Netflix today.
Today I’d like to cover a confusing topic that’s somewhat unique to us in New Zealand. Dual-listing.
It took them months to admit what was already obvious to most of the population. That is, that the economic ‘slowdown’ was in fact a full-blown crisis.
Michael Hill International Ltd [NZX:MHJ] has seen a fall of over 2% on the New Zealand Stock Exchange as trading closed yesterday.
Buffett remains an idol of mine and I’d give my right arm to be a tenth as good as he is at picking stocks. But that doesn’t mean he’s perfect.
‘Should I stay or go?’ Versions of this question have been asked of me more times than I can remember in the past few weeks.
The stock market may have resumed its selloff sooner than we expected.The Dow fell 660 points after Apple announced weak sales — mostly in China.
Process driven and highly repetitive jobs could disappear in your life time. It won’t all happen overnight. But in time, automation and robotics will take over a lot of these jobs.
A local strategy is usually one that dominates over time. And as we move to a localised world, I think these locally dominant companies are the ones that will benefit.
If you do not have a retirement plan in place, now is your chance to rectify this mistake. By following these five easy steps, you will be well-placed to fund your retirement.