I think I seem really uninspired to write much because of what I have been through, about the side effects from the drugs I am taking and the ongoing outfall of things around the family.
BUT, there seems to be one thing that is in my uppermost in my mind. The continued march forward in value of the NZX. It is as I write 7479.
Up over 30% in ONE YEAR!!
I do think - if the current reporting season holds up and so far it has - it is headed north of 8000.
You have got to be kidding yourself if you think this is going to go on forever.
It wont.
No matter if your cash is earning close to 3% - and dropping sticking your money in stocks and shares is not the way out - unless you know when this bubble is about to burst.
And you know what I think about houses.
You should keep your money in the bank you will be ready there when it all turns around and we begin to face inflation and rampant central bank monetary increases.
Share Investors Portfolio @ 19 Aug 2016
 | The Warren Buffett Way by Robert G. Hagstrom Buy new: $19.54 / Used from: $12.94 Usually ships in 24 hours |
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