Who would Helen Clark turn straight for?
Friday, October 24, 2008
POLL: NZ Herald Digipoll, October 24 2008
The latest New Zealand Herald Digipoll for October 24 2008 shows National still with a commanding lead ahead of Labour. This continues the trend of big leads for National and contrast yesterdays TNS poll:
If the poll results were translated into votes, National could govern alone with 50.4 per cent of decided voters and 63 seats.
Prime Minister and Labour leader Helen Clark has improved in the preferred Prime Minister stakes, by 2.3 points, putting her fractionally ahead of National leader John Key, 45.4 per cent to 44.8 per cent. It is the first time she has been ahead since January.
Labour's 37 per cent poll figure means it would be able to muster 54 seats with the Progressives and the Greens.
The Maori Party, with four seats, would not hold the balance of power. Nor would it do so if it won all seven Maori seats but stayed on its 2.4 per cent poll rating in the party vote.
It looks likely that National party will govern alone based on today's polling.
Posted by Share Investor at 6:58 AM 0 comments
Thursday, October 23, 2008
Long-term portfolio view wins the investing battle
Carrying on from last weeks look at my Portfolio and how it is getting a pasting, I have to make a point to those that have poked their ignorant little tongues at my propensity to invest in companies for the long-term.
As many who follow the Share Investor Blog might know I follow Warren Buffett's approach to investing as much as I can; buy stocks at a price that I consider value for the long-term, in good companies that have a competitive advantage, a good track record, excellent prospects for growth and good dividends.
The bulk of my portfolio is around 6 years old, but I have added some more stocks with additional money and dividend income.
My portfolio is currently up by around 7% when tax credits are included and in my not so humble opinion, considering the pasting global stockmarkets have been getting over the last year and especially in the last month a stockmarket meltdown rivaling the 1987 crash and yet my portfolio has performed extremely well.
This is principally because I have taken a long-term view to my stockmarket investing, received healthy dividends, re-invested most of them and haven't sold and because of that it has put the portfolio in good stead during the inevitable current downturn.
Of course, short-term things could get worse but long-term you will wish you didn't sell up because I will still be there when you start buying again.
Recent Share Investor Reading
- Long VS Short: Freightways Ltd
- Briscoe's cash worth looking at
- "Sin" stocks saintly for the Wallet
- Bonds: "Investment Grade" Bonds
- Attractive looking Stock Prices
- Warren Buffett Week
Bear Market Investing Strategies (Wiley Trading) by Harry D. Schultz
Buy new: $58.93 / Used from: $16.99
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c Share Investor 2008
Posted by Share Investor at 10:26 PM 0 comments
Deluded media beat-up denies public the truth
The media attention to Lockwood Smith's comments 2 days ago about immigrants and their abilities or otherwise to do particular jobs or the inability to toilet themselves without coaching were interesting.
Posted by Share Investor at 8:37 PM 0 comments
Labels: Left wing media bias, Lockwood Smith