Once you go international stock you don't go back, you could say (specifically US). It's unfortunate to say as well, because New Zealand has a lot of untapped potential. I really want to invest locally but it's hard to do that when you are sorely disappointed by the returns and immediately go back to the US or Western/Central Europe because of it. It's unfortunate too because investing in NZ companies as a local provides you a lot of benefits, namely almost non-existent tax on capital gains. It just seems like we are too focused on real estate here, when we should be focused on more productive assets like company stocks.
I have been discouraged by the lacklustre performance of the NZ, Aus and Chinese markets. I'm using Sharesies to experiment with US investments, but timidly, on a very small scale.
You just can’t beat the S&P 500 returns, the market goes up and down the best time to buy is when it is down because it’s always going to go up while the US $$ is the reserve currency of the world, and the biggest economy of the world.
Once you go international stock you don't go back, you could say (specifically US). It's unfortunate to say as well, because New Zealand has a lot of untapped potential.
I really want to invest locally but it's hard to do that when you are sorely disappointed by the returns and immediately go back to the US or Western/Central Europe because of it.
It's unfortunate too because investing in NZ companies as a local provides you a lot of benefits, namely almost non-existent tax on capital gains. It just seems like we are too focused on real estate here, when we should be focused on more productive assets like company stocks.
I have been discouraged by the lacklustre performance of the NZ, Aus and Chinese markets. I'm using Sharesies to experiment with US investments, but timidly, on a very small scale.
You just can’t beat the S&P 500 returns, the market goes up and down the best time to buy is when it is down because it’s always going to go up while the US $$ is the reserve currency of the world, and the biggest economy of the world.
Yes you can with QQQ