Well you know after 10 years of writing this blog one thing is common.
You just don't know with any certainty what is going to happen the next year, month, week and day and hour if you ask me.
But let me be specific - for once.
2017 has been a good year for Share Investors Portfolio. It has added around $175,000.00 excluding Divs and for the first time has been valued at way over $1 million dollars - when you include all the dividends returned thus far.
My attempt at trading shares have been spectacular in various shapes and sizes.
My biggest regret also happens to be my biggest success. Fisher and Paykel Healthcare.
It rallied something like 60% this year and my regret is sadly not buying double what I actually bought at the beginning of 2012.
I havent lost one dollar, as opposed to other years in the past.
The market is at 8398 for the year and I have no dought it will test the 10000 mark next year as the tax cuts in America start to flow through in the 2019 calendar year.
It is looking spectacular on our market and especially European markets as they shake the last vestiges of the end of the GFC.
But you could start to see that change should there be a sharp upwards trend in either oil or interest rates.
Then there is debt - all sorts of debt but especially in this country where we recently passed the one Trillion dollar mark in residential housing values - a great percentage of that one Trillion is debt - and you have to eventually pay it back.
And that just little old NZ, a country with a whisker away from 5 million people!
There are manifold problems brewing in the private sector debt all over the world - watch out.
And...happy trading and holding of course.
www.shareinvestorforum.com
c Share Investor 2017
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