Forum Archive Index - September 1999

[Chris Marshall <Chris.Marshall@directories.co.nz>]

I agree with Mark, Kat.   Most sharemarkets look dodgy at the moment.   I am
very keen to invest in shares at the moment too but have had to discipline
myself not to.  The "shape" of most sharemarket indexes (on graphs) look
perilous.  October is a volatile month - last year markets swung up after
months of decline, this year it looks more likely the reverse will happen.
By January (with Y2K behind us too) seems a much better time to get in.
And, personally, I think the best method of investing in overseas shares is
via Australian based BT or MLC unit trusts or the tax-free UK Investment
trusts.  (Some brokers in NZ will do free or maybe 0.5% entry into BT/MLC.)

> -----Original Message-----
> From: Mark Hubbard [SMTP:mhubbard@es.co.nz]
> Sent: Monday, 27 September 1999 2:39
> To:   sharechat@sharechat.co.nz
> Subject:      Re: [sharechat] Mutual Funds
> 
> To take a step from your question Kat, I wouldn't be looking to put any
> money into US stock market at the moment. There's many better areas to be
> invested.
> 
> 
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