TK Journal 2020-06-22

I have fin­ished buy­ing Eclipx (ECX) and have start­ed buy­ing Cham­pi­on Iron (CIA) for my own account.

Note, that I bypassed buy­ing shares in GGUS which was next on the watch­list. GGUS is the Betashares geared US mar­ket ETF. I did this because I already bought shares in GEAR, the geared Aus­tralian index ETF and I thought hav­ing 10% of my port­fo­lio aligned with share index­es was a/ giv­ing me too much index cor­re­la­tion and b/ a risk in a down­turn. I will swing back to GGUS if I have enough room after buy­ing oth­er indi­vid­ual stocks from the watch­list. Noth­ing against GGUS and I might be wrong to ignore this one, but I didn’t feel com­fort­able own­ing both GEAR and GGUS.

I have raised a buy price alert for BHP at $38.21

I have raised a Buy price alert in SD for Boral (BLD) at $4.38