Nzx Mag -

Ticker: FBU The wildcard of the group. When the construction cycle turns, Fletch prints money. Right now, it’s navigating a tough cycle, but it remains the only vertically integrated building giant in the country. If a house is built in NZ, Fletch touched it.

Ticker: FPH Our actual "Magnificent" stock. FPH is the only NZX company that truly rivals US tech multiples. They dominate hospital respiratory hardware globally. The valuation is high, but the moat is deep. nzx mag

While we don’t have AI chip makers, we do have an oligopoly of essential industries. These seven companies dominate the NZX 50, offering a mix of , commodity pricing power , and defensive earnings . Ticker: FBU The wildcard of the group

But if you want , inflation protection , and a portfolio that doesn't give you a heart attack, build your core around the NZX Mag. If a house is built in NZ, Fletch touched it

That is the Kiwi wealth recipe. Disclaimer: This is not financial advice. I’m just a local looking at the market. Always do your own research or consult a financial adviser before buying shares.

If you follow global markets, you’ve heard of the Magnificent Seven : Apple, Microsoft, Nvidia, and the rest of the US tech titans pulling the S&P 500 to new highs.

Start with EBOS and Meridian. Add Mainfreight on a dip. Top up with Spark for the income.