In­vest­ing queried

South Waikato News - - OPINION/NEWS -

South Waikato peo­ple – in the three months to Septem­ber 30, 2011 the South Waikato District Coun­cil lost $720,000 in long-term in­vest­ments cit­ing mar­ket move­ments and the $US/$NZ dol­lar move­ments.

Re­mem­ber the $20 mil­lion from the sale of the electricity shares held by the coun­cil on be­half of the com­mu­nity? Well, write to the mayor and coun­cil­lors and sug­gest bring­ing it all back into the district from over­seas and around the county. That is $1000 for ev­ery man, women and child in the district. The coun­cil is spec­u­lat­ing with your money while re­dun­dancy and the district’s youth call out.

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