Good bye Zenitas. My funds came in yesterday. Just in time as my car broke down last Friday and it is undrivable. Head Gasket blown,engine block probably has a crack in it as well. My old car sold to a mechanic for only $750. I need a car for my tiny business.
I remember ummming and arrhhhing and hesitating about buying ZNT. Yet I brought my next car yesterday: Toyota Corolla 2016 Manual - no one Sydney wants to drive a manual. 11,500km, $15,500. I guess I saw an opportunity with this car. I just don't see opportunities with stocks. I didn't hesitate spending that money from my 'emergency' business fund. Now my emergency account is very very down. Yet I really hesitate spending anything from my investment account. (At least I don't have a car loan.)
I should try to repay my emergency fund but I would rather top up my investment. I was so confused as to what to do with my ZNT funds. Now my old car made that decision for me.
If I loathe having a car loan, then I didn't have the stomach to take out a margin loan with ZNT (or any stock). The recent down turn did not affect ZNT.