If you were only allowed to buy one share on the NZX

Started by Playa, Jun 05, 2026, 12:38 PM

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Playa

and put all of your money there. Which stock would you buy?

LoungeLizard

Breaks the number one rule of investing - diversification - but I you're implying what is the safest stock to invest in on the exchange, outside of a diversified fund, I would say IFT.

Stockgathering

For me IFT as well. IFT business model is thought out and not capital constrained as many other companies are.

Habitz

When it hits rockbottom A2. First, how much lower will it go

seaweed

Quote from: Playa on Jun 05, 2026, 12:38 PMand put all of your money there. Which stock would you buy?
Lol, I did that 2 years ago and put all my share market eggs into one SPK basket and they went down about 380K. Learnt my lesson and now have many baskets.     

Habitz

Quote from: Habitz on Jun 05, 2026, 04:45 PMWhen it hits rockbottom A2. First, how much lower will it go

Good bounce since

afc029871

Going to an IFT presentation this week I was impressed, and I plan to add to my holding on a down day. But the one share I would choose would Hallenstein Glasson. Cheap pe, good yield and good growth.

LaserEyeKiwi

USH (Smart S&P 500 NZ dollar hedged ETF)

But if that is considered cheating....

Current pick is MHJ (Michael Hill)

Basil

I'd cheat and pick TWF smart shares Total World Fund but if you couldn't cheat I'd choose HLG for all the reasons I've stated in that thread.
Disc: HLG is my largest investment position making up circa 20% of my portfolio.