Air New Zealand Shares are Plummeting
We’re all waiting for the captain to tell us we’re going to be alright
Lately, I’ve been trying to check my share portfolio less often in an attempt to lower my stress levels.
I’m someone who can overthink everything, which can lead to making a lot of unnecessary trades when I should just be leaving well enough alone.
However, this morning I woke up with a notification from Sharsies, my online broker for shares, ETF’s, and bonds in New Zealand.
They sent me a notice inviting me to a video conference tomorrow where they’ll try to explain why we’ve all lost so much money over the past few days.
… lost what now?
I immediately logged on, checked my portfolio dashboard, and almost immediately passed out in my chair.
All my shares have almost completely bottomed out; it felt like a year of careful trading was all for nothing.
These losses have unfortunately and disproportionately affected the company I’m most heavily invested in, Air New Zealand.
