Compounding interest
Many people talk about it but most people don’t understand it
I have several million sitting in cash earning 4.8%
This is growing daily as compounded interest works its magic
I come from poverty so how did I get to this point...
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This comment is not a knock at the British , It’s a knock at their gentry class
The British gentry class kicked out their criminal under class to a large deserted land mass on the other side of the world, pushed out the local inhabitants, worked the land making it one of the wealthiest...
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Apologise for this incorrect comment, you have a class divide in India because of British colonisation raping the FK out of India then leaving it to fend for itself.
Its taken a century to recover but India is an excellent long term investment....
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House prices still doubled in Auckland in the same low productivity time frame last decade.
Productivity has fallen or became stagnant because we have peaked as a nation, we don’t have the capacity to grow, you can increase immigration all you want but if we don’t have resources or...Last edited by Jeffa; Today, 08:36 AM.
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An excellent prediction from King Jeffa the great back in 2022 as this information from stats NZ proves King Jeffa right as usual
Thank you Chris for reminding all mere mortals how wise King Jeffa is, his prediction of low productivity was 2 years ahead of Stats NZ
...Last edited by Jeffa; Yesterday, 09:55 PM.
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King Jeffa is sitting on a large amount of cash and his mysterious powers foreshadow better money to be made in the US share market in the second half of 2024
https://qz.com/apple-stock-warren-bu...yst-1851313140...
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^^ Could be very BIG correction coming in the share market, King Jeffa found some of the 1% selling off their stocks
Jeff Bezos: ...
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Share Trading stopped for this kiwi milk company owing 130 million cash overdue
https://www.nzx.com/announcements/428715...Last edited by Jeffa; Yesterday, 04:14 PM.
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Tony Alexander being independent of BNZ these days is basically stating what most banks are saying behind closed doors: (Excluding ANZ because everyone in finance knows ANZ is Adrian Orrs lapdog:
“The view I have had on interest rates for some
time now is that just as the Reserve...Last edited by Jeffa; Yesterday, 03:58 PM.
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Yes and an excellent comment it was, especially the bull case scenario but these historical posts are all excellent examples of the greatest of King Jeffa!
However you do realise house prices hadn’t bottomed at this point ?
You should be honoured King Jeffa is correcting...
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So using this chart Auckland house are up about 9% from their lows , so to grow another 90% in 6 years you would need a combination of these factors
1 / Lower interest rates or cheaper debt which is on the horizon according to Adrian Orr
2/ Strong economy which according to...
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This is just silly
Find the lowest price point of the current cycle , each region moves differently for Auckland it’s not June 2022 It’s 7 months later then double it which should be 1.86million,
Your price point of 2.3mill for Auckland by 2030 is closer to a bull case...Last edited by Jeffa; Yesterday, 02:29 PM.
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ANZ:
Inflation expectations were unchanged at 4.5%, while expected house
price inflation fell from 4.1% to 3.4%. This series has no predictive
power for house prices, but is a lens on the “wealth effect” on spending....
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Yep Adrian Orr definitely made an effort to send the kiwi lower this morning, it may be to little to late if US PCE inflation data comes in lower on Friday currency speculators will dump the dollar and buy the Kiwi getting in ahead of any rate cuts by the Fed
...
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"Aggregate demand is slowing, core inflation and pressures are coming off, and inflation expectations are coming back, so we hope that we can see low and stable inflation on the horizon again and that would mean more normalised interest rates on the horizon."
h...Last edited by Jeffa; Yesterday, 11:43 AM.
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You should not take financial advice from a known conspiracy theorist
but
Wait for Fed to cut and begin dollar cost averaging in as the Kiwi dollar appreciates meaning you can buy more of the US sharemarkets
or
Buy the NZX while it’s low now it...
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When (if) Fed cuts
This will strengthen the kiwi and weaken the USD
This will lower the USD and your off shore investment’s value on the exchange rate
This is why higher risk higher returns become the investment of choice overseas, like Nasdaq 100 index Russel...Last edited by Jeffa; Yesterday, 08:54 AM.
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