Business News - Roubles on the trade agenda

Business News - Roubles on the trade agenda

This article addresses one of the reasons why I think New Zealand is a very good place to invest. The NZX 50 is close to its high but there are multiple themes working at once that I believe will let the market continue to work higher.

Unfortunately there are very few easy ways to invest in New Zealand. At the risk of being accused of talking my book, I have owned Telecom New Zealand (NZT) personally and for clients for quite a while, but more importantly I will continue buy it for new clients at current prices. It equals about 1/5 of the NZX 50 and pays a 6% dividend with a beta of 0.86.