NZX 2012 Return

NZ stock market returns 27% (NZX-"All" Index) - its best year since 2004, the same year I started my website. God's timing for my new business was perfect! Just like it was when he positioned me in the foreign exchange market to take advantage of an exploding retail forex market, the market was largely unregulated at the time, making it easy to set up and do whatever one wanted within reason.

By the time I wanted to sell my website, new regulations were starting to come in, particularly in the United States to curb the number of scams that came into the market as a result of the absence of regulation.

So again, God's timing and ability to place someone in a position in order to be able to take advantage of a growing market is perfect!

"The LORD maketh poor, and maketh rich: he bringeth low, and lifteth up."

- 1 Samuel 2:7

Update: Sep 27, 2013: NZX-50 up 16% so far this year, second only to Japan in the Asia-Pacific region, and raising nearly double the amount of capital from new listings this year than in the previous 6 years combined. This makes N.Z. 14th in the world for the value of initial public offerings so far this year. Source: Wall Street Journal

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I tweeted this update below:

NZ Stockmarket update: http://t.co/ivSXP8eBzB

— Steven Moxham (@StevenMoxham) September 27, 2013

See next stockmarket update of April 27, 2014.