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.
Let’s have a look at the portfolio.
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.
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.
LAST WEEK’S PODCAST
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