The Napier Port IPO was oversubscribed. Now those who missed out must pay a higher price to fulfil their port-owning desires.
When the economy is healthy and growing, people buy stocks and the index generally goes up. When it is fearful and correcting its mistakes, they buy gold and the index goes down.
I’m still unconvinced Auckland has found the floor in the current environment. Nor do I believe for a moment, the recent slash to the OCR will change that.
Like a powerful drug, the phony money corrodes and disfigures your economy. Your teeth rot; your brain shrivels.
What you do with your money — how you spend, save and invest it — depends on where that money came from.
Faced with the next crisis, the grease monkeys at central banks are going to do what everyone expects them to do. They’ll turn the screws on savers, harder than ever.
Markets, economies, and even empires move in great, long-term swings. Sometimes they are forward-looking and expansive. Sometimes they retreat…
We’re in the longest bull market in US history. Volatility is the new normal. You just have to get used to it.
If you make passive income your mission and your target, you may be surprised how quickly it builds.
While a dividend stream generates passive income to pay for day-to-day life, what I really like is the potential back-burner to grow your wealth while that happens.
You could buy the Dow with 40 ounces of gold in January 2000. By January 2011, the Dow 30 stocks would cost you only 8 ounces.
If you want to make money — whatever route you choose — the road to profit is paved with both opportunity and crisis. No risk, no reward.
The big question now is this: will the Warehouse Group be able to leverage its physical presence into online success?