QAV UPDATE 2022-11-01

Hel­lo QAVvers

It’s Tues­day again and time for my week­ly update.

The AORD is feel­ing a lit­tle spunky over the last cou­ple of days. We’ll see how today’s rate rise by the RBA (they’ve increased the offi­cial inter­est rate by 0.25 per­cent­age points) affects things tomor­row. 

PORTFOLIO REPORT

INCEPTION (02/09/2019) REPORT 

Our long term per­for­mance con­tin­ues to be sig­nif­i­cant­ly bet­ter than the bench­mark, espe­cial­ly since I changed the bench­mark on the sug­ges­tion of Chair­man Mabb. He sug­gest­ed the BetaShares Aus­tralia 200 ETF would be a more hon­est com­par­i­son because it’s a Total Return index. 

As of today, we were up 15% pa vs the bench­mark which is up 1% pa over the same peri­od. So we’re doing…. 15x bet­ter than the index? That doesn’t sound right. I’ll ask TK about it tomor­row (due to “the Cup” we’ll be record­ing tomor­row once Tony has sobered up). You can always check out the live ver­sion of the port­fo­lio chart here. 

Here are how the stocks have per­formed in the last 30 days:

All in all it’s been a good month. 

NHC and ASG look worse than they real­ly are. NHC con­tains two parcels, one of which is down (buy price $6.12), the oth­er is up (buy price $3.77). I’m dol­lar-cost aver­ag­ing them out. ASG has gone ex-div­i­dend and is paid on 15/11. 

RECENT TRADES

I just noticed that I should have sold TER yes­ter­day when it fell through the R1. Just did it now, but took a bath on it unfor­tu­nate­ly. I had alerts set for it with oth­er port­fo­lios, but must have missed set­ting one for this port­fo­lio. 

I did sell IMA yes­ter­day and replaced it with SDG… no, wait… MQG. 🙂

If you’re look­ing for week­ly stock tips, check out QAV LIGHT. 

LAST WEEK’S PODCAST

QAV 542 – Expose Yourself

For more analy­sis from Tony, become a QAV Club Mem­ber and you’ll get our full week­ly newslet­ter, which includes our full score­card, a full tran­script of the Club episode, includ­ing Tony’s answers to lis­ten­er ques­tions. You’ll also get access to all of our Club Mem­ber Resources. See below for details.