Thursday, November 10, 2011

Labour Limbos to a new low



Supposedly this election for Labour was going to be about policy but so far it has just been a constant stream of personal attacks - doesn't work hard enough, is a liar, doesn't care about kids, yadda, yadda, yadda - on John Key with this one today as reported in Stuff.co.nz

"People at the top have got a lot of money and they take their holidays in Hawaii," Goff said.

"People at the bottom can't even afford to put good food on the table for their kids."

Key, a multi-millionaire, regularly holidays with his family at a home he owns in Hawaii.

Who the fuck cares, the public are sick of lets kick the rich guy because he has done well and most of us admire him for his hard work and success.

If Labour should have learned anything from the 2008 election then it would be that personal attacks on Johnny didn't work for them, in fact they backfired because the public really doesn't like the politics of envy

It has Trevor Mallard DNA all over it and mirrors the Labour Party attack on the middle income earner who they are going to tax more for "earning too much" to give to those either too lazy or those that cant legitimately work.

It is kinda nice watching the self-destruction of the left into a pool of their own hatred and jealously.

Every Bastard Says No: The 42 Below Story

Buy Every Bastard Says No - The 42 Below Story, by Geoff Ross & Justine Troy & more @ Fishpond.co.nz

Fishpond


C c c Darren Rickard 2011





Share Investor Portfolio: Value @ 4 November 2011

The Share Investor Portfolio was down over the last week. In the first week of November the portfolio was slightly down, by 0.83% or $2181.31 on the October 28 update .

Drops across the board contributed this week to the fall.

For the first 43 weeks of 2011 the portfolio has increased by 8.17% or $20662.29.

The total of unspent dividends and interest in the bank as at 10 Oct 2011 from the 2010 - 2011 earnings years is $31,335.75 at close of reporting season for 2010 and near the end of the 2011 2nd half reporting year. There are also approx $60000.00 in tax credits earned from the portfolio since it began in late 2002.

The Share Investor Portfolio has increased in value by 13.73% or $36800.75 since I began tracking it for this blog on October 11 2010

Track the Share Investor Portfolio 2.


Share Investor Portfolio as at 17:30:00, Friday 04 November, 2011 (NZDT)

Stock
Quantity
Cost price
Total cost
Market price
Market value
Change
%
AIA

2,000 $1.700 $3,400.00 $2.355 $4,710.00 $1,310.00 38.53%
AIA

2,000 $1.510 $3,020.00 $2.355 $4,710.00 $1,690.00 55.96%
AIA

674 $0.000 $0.00 $2.355 $1,587.27 $1,587.27
AIA

638 $2.150 $1,371.70 $2.355 $1,502.49 $130.79 9.53%
ASBPB

3,109 $0.000 $0.00 $0.701 $2,179.41 $2,179.41
ASBPB

6,891 $1.000 $6,891.00 $0.701 $4,830.59 $2,060.41 29.90%
BGR

725 $0.000 $0.00 $1.400 $1,015.00 $1,015.00
BGR

2,275 $0.990 $2,252.25 $1.400 $3,185.00 $932.75 41.41%
FBU

303 $0.000 $0.00 $6.450 $1,954.35 $1,954.35
FBU

811 $9.750 $7,907.25 $6.450 $5,230.95 $2,676.30 33.85%
FPH

3,000 $2.350 $7,050.00 $2.400 $7,200.00 $150.00 2.13%
FPH

1,365 $3.720 $5,077.80 $2.400 $3,276.00 $1,801.80 35.48%
FPH

635 $0.000 $0.00 $2.400 $1,524.00 $1,524.00
FRE

6,405 $3.630 $23,250.15 $3.330 $21,328.65 $1,921.50 8.26%
FRE

2,226 $0.000 $0.00 $3.330 $7,412.58 $7,412.58
GFF

607 $0.000 $0.00 $0.690 $418.83 $418.83
GFF

1,393 $2.330 $3,245.69 $0.690 $961.17 $2,284.52 70.39%
GFFRA

834 $0.000 $0.00 $0.092 $76.73 $76.73
HLG

366 $0.000 $0.00 $3.900 $1,427.40 $1,427.40
HLG

634 $2.530 $1,604.02 $3.900 $2,472.60 $868.58 54.15%
KIP

763 $1.480 $1,129.24 $1.080 $824.04 $305.20 27.03%
KIP

237 $0.000 $0.00 $1.080 $255.96 $255.96
MFT

1,000 $7.960 $7,960.00 $9.900 $9,900.00 $1,940.00 24.37%
MFT

1,838 $8.000 $14,704.00 $9.900 $18,196.20 $3,492.20 23.75%
MFT

1,375 $4.200 $5,775.00 $9.900 $13,612.50 $7,837.50 135.71%
MFT

787 $0.000 $0.00 $9.900 $7,791.30 $7,791.30
MHI

1,646 $0.860 $1,415.56 $0.880 $1,448.48 $32.92 2.33%
MHI

7,000 $0.630 $4,410.00 $0.880 $6,160.00 $1,750.00 39.68%
MHI

209 $1.050 $219.45 $0.880 $183.92 $35.53 16.19%
MHI

1,145 $0.000 $0.00 $0.880 $1,007.60 $1,007.60
PPG

1,004 $0.800 $803.20 $0.220 $220.88 $582.32 72.50%
PPG

1,443 $0.440 $634.92 $0.220 $317.46 $317.46 50.00%
PPG

88 $0.000 $0.00 $0.220 $19.36 $19.36
PPL

1,000 $3.090 $3,090.00 $0.670 $670.00 $2,420.00 78.32%
PPL

1,000 $2.870 $2,870.00 $0.670 $670.00 $2,200.00 76.66%
PPL

939 $4.200 $3,943.80 $0.670 $629.13 $3,314.67 84.05%
PPL

975 $0.000 $0.00 $0.670 $653.25 $653.25
PPL

1,086 $1.530 $1,661.58 $0.670 $727.62 $933.96 56.21%
RYM

555 $0.000 $0.00 $2.610 $1,448.55 $1,448.55
RYM

4,445 $1.970 $8,756.65 $2.610 $11,601.45 $2,844.80 32.49%
SKC

5,750 $7.430 $42,722.50 $3.480 $20,010.00 $22,712.50 53.16%
SKC

2,750 $7.700 $21,175.00 $3.480 $9,570.00 $11,605.00 54.81%
SKC

1,431 $8.750 $12,521.25 $3.480 $4,979.88 $7,541.37 60.23%
SKC

781 $7.600 $5,935.60 $3.480 $2,717.88 $3,217.72 54.21%
SKC

26,203 $0.000 $0.00 $3.480 $91,186.44 $91,186.44
STU

99 $0.000 $0.00 $2.300 $227.70 $227.70
STU

301 $4.740 $1,426.74 $2.300 $692.30 $734.44 51.48%
WHS

6,979 $6.000 $41,874.00 $3.260 $22,751.54 $19,122.46 45.67%
WHS

3,761 $0.000 $0.00 $3.260 $12,260.86 $12,260.86
WHS

4,260 $3.730 $15,889.80 $3.260 $13,887.60 $2,002.20 12.60%

25.62%


Total cost Market value Change

$263,988.15 $331,624.92 $67,636.77


Share Investor Portfolio @ Share Investor


Share Investor Portfolio: Value @ 21 October 2011
Share Investor Portfolio: Value @ 14 October 2011
Share Investor Portfolio: Value @ 7 October 2011
Share Investor Portfolio: Value @ 30 September 2011
Share Investor Portfolio: Value @ 23 September 2011
Share Investor Portfolio: Value @ 16 September 2011
Share Investor Portfolio: Value @ 9 September 2011
Share Investor Portfolio: Value @ 2 September 2011
Share Investor Portfolio: Value @ 26 August 2011
Share Investor Portfolio: Value @ 19 August 2011
Share Investor Portfolio: Value @ 12 August 2011
Share Investor Portfolio: Value @ 5 August 2011
Share Investor Portfolio: Value @ 29 July 2011
Share Investor Portfolio: Value @ 22 July 2011
Share Investor Portfolio: Value @ 15 July 2011
Share Investor Portfolio: Value @ 8 July 2011
Share Investor Portfolio: Value @ 1 July 2011
Share Investor Portfolio: Value @ 25 June 2011
Share Investor Portfolio: Value @ 17 June 2011
Share Investor Portfolio: Value @ 10 June 2011
Share Investor Portfolio: Value @ 3 June 2011
Share Investor Portfolio: Value @ 27 May 2011
Share Investor Portfolio: Value @ 20 May 2011
Share Investor Portfolio: Value @ 13 May 2011
Share Investor Portfolio: Value @ 6 May 2011
Share Investor Portfolio: Value @ 29 April 2011
Share Investor Portfolio: Value @ 22 April 2011
Share Investor Portfolio: Value @ 15 April 2011
Share Investor Portfolio: Value @ 8 April 2011
Share Investor Portfolio: Value @ 1 April 2011
Share Investor Portfolio: Value @ 14 March 2011
Share Investor Portfolio: Value @ 8 March 2011
Share Investor Portfolio: Value @ 28 February 2011
Share Investor Portfolio: Value @ 21 February 2011
Share Investor Portfolio: Value @ 14 February 2011
Share Investor Portfolio: Value @ 7 February 2011
Share Investor Portfolio: Value @ 31 January 2011
Share Investor Portfolio: Value @ 24 January 2011
Share Investor Portfolio: Value @ 17 January 2011
Share Investor Portfolio: Value @ 10 January 2011
Share Investor Portfolio: Value @ 3 January 2011
Share Investor Portfolio: Value @ 27 December 2010
Share Investor Portfolio: Value @ 20 December 2010
Share Investor Portfolio: Value @ 13 December 2010
Share Investor Portfolio: Value @ 6 December 2010
Share Investor Portfolio: Value @ 29 November 2010
Share Investor Portfolio: Value @ 22 November 2010
Share Investor Portfolio: Value @ 15 November 2010
Share Investor Portfolio: Value @ 8 November 2010
Share Investor Portfolio: Value @ 1 November 2010
Share Investor Portfolio: Value @ 25 October 2010
Share Investor Portfolio: Value @ 18 October 2010
Share Investor Portfolio: Value @ 11 October 2010
Share Investor Dividends


Share Investor Portfolio 2 @ Share Investor

Share Investor Portfolio 2: Value @ 4 November 2011
Share Investor Portfolio 2: Value @ 28 October 2011
Share Investor Portfolio 2: Value @ 21 October 2011
Share Investor Portfolio 2: Value @ 14 October 2011
Share Investor Portfolio 2: Value @ 7 October 2011
Share Investor Portfolio 2: Value @ 30 September 2011
Share Investor Portfolio 2: Value @ 23 September 2011
Share Investor Portfolio 2: Value @ 16 September 2011
Share Investor Portfolio 2: Value @ 9 September 2011
Share Investor Portfolio 2: Value @ 2 September 2011
Share Investor Portfolio 2: Value @ 26 August 2011
Share Investor Portfolio 2: Value @ 19 August 2011
Share Investor Portfolio 2: Value @ 12 August 2011
Share Investor Portfolio 2: Value @ 5 August 2011
Share Investor Portfolio 2: Value @ 29 July 2011
Share Investor Portfolio 2: Value @ 15 July 2011
Share Investor Portfolio 2: Value @ 14 July 2011
Share Investor Portfolio 2: Value @ 13 July 2011
Share Investor Portfolio 2: Value @ 12 July 2011
Share Investor Portfolio 2: Value @ 11 July 2011
Share Investor Portfolio 2: Value @ 8 July 2011
Share Investor Portfolio 2: Value @ 7 July 2011


Share Investor's Annual Stock Picks


Share Investor's 2011 Stock Picks: Looking Back
Share Investor's 2011 Stock Picks
Share Investor's 2010 Stock Picks
Share Investor's 2009 Stock Picks
Share Investor's 2008 Stock Picks

Brokers 2011 Stock Picks


Related Amazon Reading


The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition)
The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) by Benjamin Graham
Buy new: $14.95 / Used from: $9.73
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Security Analysis: The Classic 1934 Edition
Security Analysis: The Classic 1934 Edition by GRAHAM
Buy new: $37.80 / Used from: $29.48
Usually ships in 24 hours

Buy these two Books @ Fishpond.co.nz






c Share Investor 2011


Tuesday, November 8, 2011

Labour to spend billions more on welfare

One would have thought Labour might have learned from their last 9 years in power that promising people free money through welfare schemes like Working for Families, paid maternity leave and taxpayer funded childcare is unaffordable at the best of times but during the worst economic times since the Great Depression extending all these vote buying schemes is morally, socially and fiscally wrong.


There may have been a ray of light in these policies if they had actually worked for the populace but Working for Families has incentivised staying on the same income and thereby lowering productivity, paid maternity leave and taxpayer funded childcare has drained taxpayer coffers so that those that don't qualify for this welfare are struggling to pay for these things themselves.

These things are not only unaffordable but they don't actually work in the long-term.

If welfare was such a success when introduced into New Zealand in the 1930s under Labour it would have seen itself bow out of existence because it would have cured all the ills politicians said it would.

Instead what we know has happened is that it has fostered crime, relative "poverty", child abuse and murder and made hundreds of thousands of us dependent on their fellow taxpayer.

There are more of us on welfare in New Zealand than at any other time in our history and clearly things are not well in the garden of eden.

You would think then, that politicians, especially those on the left, would learn that doing more of the same that has got us here is the pure definition of insanity.

State welfare doesn't work and we need to recognise that.

For Labour to ignore these facts, especially at a time when our economy could be on the brink of collapse over the next 5 years, just to buy votes for an election win is just suicide for the country as whole.

The money for all this extra spending will come from borrowing from China and increased and new taxes across the board for all workers. There is no other way this can happen.

Billions more in extra spending on non-productive policies and possible difficulties in borrowing more money means this would put the whole country in danger of defaulting sometime in the future.

Every Bastard Says No: The 42 Below Story

Buy Every Bastard Says No - The 42 Below Story, by Geoff Ross & Justine Troy & more @ Fishpond.co.nz

Fishpond


C c c Darren Rickard 2011