Quick Fire Of The Day:
"My husband and I would like some direction on what to look for when investing $12,000 in the NZ share market. Our objective is to sit on the shares and hopefully maximise returns by the time we retire in 15 years, either through share price growth or dividends.
The problem is most advice on “growth” shares has a one to three-year horizon, not our longer term — which I understand is the ideal 10-plus years to ride out the highs and lows.
We have a well-diversified portfolio of ten NZX companies, across industries, with about $5000 in each, so ideally would be looking at another two companies. Thanks in advance for your help."
Source: NZ Herald 27 October 2018
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