When Scott Morrison’s Liberal-led Coalition won again, it turned out to be one of the worst failures for pollsters ever. There’s a lesson here.
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.
Do you know who has really made money with Lyft and Uber? Private equity capital that got in early. The IPOs are a bit late.
The cost of living has continued to rise. By the 21st century, the typical man had to work twice as long to buy an average house and an average car as he did in 1975.
He’s worth over $5 billion. One of Australasia’s richest people. At one point, he was drinking a bottle of vodka a day just to get through the day.
It will be one of the interesting events in our history as the US confronts China over its trade practices. For now, all we can do is have faith that fairness will prevail.
While Buffett waits for a moat to be established before he invests, Peter Thiel invests based on the potential of a future moat.
In New Zealand, we have one of the largest fishing zones in the world. 4.1 million square kilometres. And a low population base. This provides a competitive advantage.
Some stocks just do not grab the imagination. There is no exciting China strategy to unfold. No game-changing piece of technology. But sometimes these stocks are not as dull as they might seem.
Here are my observations and recommendations for a more vibrant investment ecosystem here in New Zealand.
Orr, Jones and friends seem to think that the economy needs jump-starting. Maybe it does…let’s look at the facts.
Many people swear by index funds. For new investors, they can be a very reasonably priced way to enter the market. But they do have some disadvantages.
As we enter into May, we also cross the 24-month mark for New Zealand’s IPO drought. That’s a long time for a major exchange without any new blood…
The Sky Network Television Limited [NZX:SKT] share price has increased by 4.1% at the time of writing.
A 5% return in a single year may be acceptable. Spread it over two years and it becomes only 2.5% — barely equal to inflation.