• Login:
Welcome, Register Here
follow PropertyTalk on facebook follow PropertyTalk on twitter Newsletter follow PropertyTalk on LinkedIn follow PropertyTalk on facebook
Page 1 of 3 1 2 3 LastLast
Results 1 to 10 of 21

Thread: Shares vs PI

  1. #1
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    13,136

    Default Shares vs PI

    An insightful and provocative comment here:

    Quote Originally Posted by Stuff
    Sam Stubbs, managing director of Kiwisaver fund manager Simplicity, said that a KiwiSaver manager, the real issue is the ongoing relevance of the NZ stock exchange as a place to invest.

    The delisting was "a huge red flag" for the NZX but entirely rational from Xero's point of view, he said.

    As a percentage of GDP, the New Zealand sharemarket is small relative to other developed economies and New Zealand investors have been the losers.
    Last edited by Perry; 09-11-2017 at 08:06 PM.
    Try Radenbrea Studios for hand-made designer jewellery. Especially if you're looking for a great gift for your lady love.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  2. #2

    Default

    Merge with the ASX? I hear the fees they charge (NZX) are high too, have to be due to scale.
    Free online Property Investment Course from iFindProperty, a residential investment property agency.

  3. #3
    Join Date
    Oct 2013
    Posts
    1,467

    Default

    Yes, a takeover/merger with the ASX seems to be the way it's going. The NZX just doesn't make sense for most new business listings.
    AAT Accounting Services - Property Specialist Accounting - AATAccounting.co.nz
    Lower fees for investors, traders & real estate agents!
    [email protected] for more information.

  4. #4
    Join Date
    Jun 2004
    Posts
    9,636

    Default

    Shares v's PI - what's it got to do with PI?

  5. #5
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    13,136

    Default Feel Good About PI

    The number of times people "rabbit on" (irrationally) about shares and other forms of investment being productive, whilst PI is (I presume) not so, it's good to see a fund manager saying that buying shares via the NZ Stock Exchange is not a good idea. Something longer-terms PIs have been saying for many a year.
    As a percentage of GDP, the New Zealand sharemarket is small relative to other developed economies and New Zealand investors have been the losers.
    Try Radenbrea Studios for hand-made designer jewellery. Especially if you're looking for a great gift for your lady love.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  6. #6
    Join Date
    Aug 2007
    Location
    Wellington, NZ/ NSW, Australia
    Posts
    167

    Default

    Quote Originally Posted by Perry View Post
    The number of times people "rabbit on" (irrationally) about shares and other forms of investment being productive, whilst PI is (I presume) not so, it's good to see a fund manager saying that buying shares via the NZ Stock Exchange is not a good idea. Something longer-terms PIs have been saying for many a year.
    I'm not sure how you come up with that conclusion. NZ share investors are 'losers' only in the reduced number of investments available on the NZX and potential liquidity (but still far more liquid than property). That has little to do with the return on the actual investment, or whether share investment is a 'good idea'.

    It is very straightforward to invest on the ASX- I would think most serious NZ share investors are invested on both the ASX and NZX. So Xero is only going to be listed on the ASX- no big deal for any investor.
    Last edited by Lissica; 11-11-2017 at 12:33 PM.

  7. #7
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    13,136

    Default A Toss Up

    Quote Originally Posted by Perry View Post
    As a percentage of GDP, the New Zealand sharemarket is small relative to other developed economies and New Zealand investors have been the losers. Something longer-terms PIs have been saying for many a year.
    Quote Originally Posted by Lissica View Post
    I'm not sure how you come up with that conclusion.
    It's something that has oft been said on PT. References to share market price collapses were usually included.

    However, many PIs who - years ago - found that their property values had dropped, just shrugged and carried on collecting the rent.

    Less fun collecting a dividend on a share worth 35 cents that was once worth $3-00 and that the investor paid $2-75 for. (Plus some sort of brokerage fee?).

    As I see it, the share market is not too far from Lotto, when it comes to certainty.

    I know a few PIs (on PT) are in the sharemarket and doing OK., but my perception is that they are in a small - if happy - minority.
    Try Radenbrea Studios for hand-made designer jewellery. Especially if you're looking for a great gift for your lady love.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  8. #8

    Default

    Quote Originally Posted by Perry View Post
    It's something that has oft been said on PT. References to share market price collapses were usually included.

    However, many PIs who - years ago - found that their property values had dropped, just shrugged and carried on collecting the rent.

    Less fun collecting a dividend on a share worth 35 cents that was once worth $3-00 and that the investor paid $2-75 for. (Plus some sort of brokerage fee?).

    As I see it, the share market is not too far from Lotto, when it comes to certainty.

    I know a few PIs (on PT) are in the sharemarket and doing OK., but my perception is that they are in a small - if happy - minority.
    They're different asset classes, you can't compare..

  9. #9
    Join Date
    Jun 2004
    Posts
    9,636

    Default

    Quote Originally Posted by WINZ View Post
    They're different asset classes, you can't compare..
    That's what I have always thought.
    I really don't know why people try to say one is better than the other - they are just different, why would you compare?
    I use both, have had great success with both.

  10. #10
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    13,136

    Default

    Quote Originally Posted by WINZ View Post
    They're different asset classes, you can't compare.
    Why not? Does it not depend on the context?

    One might be productivity. Another might be ROI. Yet another might be risk.
    Try Radenbrea Studios for hand-made designer jewellery. Especially if you're looking for a great gift for your lady love.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!


 

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •