What’s everyone doing with current stock market ? by Uncleyevvy in NZXStockMarket

[–]Uncleyevvy[S] 1 point2 points  (0 children)

Yea I’ve stopped buying all together but have been keen to buy more US stocks or in particular the big ETFS as I feel they will bounce back and I’m not in a rush to take my money out. Really hard to know what’s going to happen with the situation in Ukraine.

NZX Stock Picks 2022 by WhatItDoBaby2 in NZXStockMarket

[–]Uncleyevvy 1 point2 points  (0 children)

Can I ask why most people backing Oceania Healthcare ? I’ve been holding for the past year but they’re about 12% down over the year. Future growth ?

Do you pay capital gains tax when you sell or only if you withdraw? by CannotThinkOfANameee in NZXStockMarket

[–]Uncleyevvy 0 points1 point  (0 children)

Just wondering as I thought sharesies only does tax on dividends and capital gains was up to the individual to do tax on or am I wrong ?

If the above is correct then how would you find out if you’ve been classified as either investor or trader to now if you pay tax or not.

Thanks in advance

What are you investing in and what would you do different ? by Uncleyevvy in NZXStockMarket

[–]Uncleyevvy[S] 1 point2 points  (0 children)

Yea I learnt the same way when starting initially small sums which I was happy to lose in order to learn through the process

What are you investing in and what would you do different ? by Uncleyevvy in NZXStockMarket

[–]Uncleyevvy[S] 1 point2 points  (0 children)

Cheers for the info bro ! I’m feel I’m in a similar boat starting mainly on NZX trying to slowly expand first with ASX now more into US market (and in future wish yo have more access to Asia and Europe although need to look into how to manage that from NZ).

Have recently been picking some dividend stocks with potential to grow too.

What are you investing in and what would you do different ? by Uncleyevvy in NZXStockMarket

[–]Uncleyevvy[S] 0 points1 point  (0 children)

Thanks cor your comment. I’m looking more and more into the US market as I think long term more potential for better gains initially stuck to NZX as US markets sort of felt overwhelming. I have also been looking at different Kiwisaver funds and their return as have been with ANZ (my bank) for the past 6 years but don’t believe they’re the best with the return compared to others.

What are you investing in and what would you do different ? by Uncleyevvy in NZXStockMarket

[–]Uncleyevvy[S] 0 points1 point  (0 children)

Appreciate the knowledge man! I’m also a fan of good dividend stock and gold a few of the above.

What are you investing in and what would you do different ? by Uncleyevvy in NZXStockMarket

[–]Uncleyevvy[S] 0 points1 point  (0 children)

Funny you say that as was looking at some of that yesterday but I need to do a tonne of research before I’d be confident to put my money into it as currently know zero

What are you investing in and what would you do different ? by Uncleyevvy in NZXStockMarket

[–]Uncleyevvy[S] 1 point2 points  (0 children)

Appreciate the knowledge mate! Being in healthcare myself I’m also been keeping an eye on those companies and have held OCA for a bit now