Hello QAV Light Brigade

It’s another Monday and this is my weekly report.

Despite a big dip early in the day on Wednesday, it was another strong week for the AORD.

As you can see from the 1 year chart, the market has been generally going up since it bottomed out in September and we are almost back to where we were before the crash last April. I feel sad for the people who started their investing journey at the beginning of last year but then capitulated in August and cashed out. To be an investor, you have to think long-term.

Let’s have a look at how our portfolios are doing and what we have to buy and sell. 

We’ve also decided to make some changes to how QAV Light works – please read more in the “BUYS” section below. 

PORTFOLIO UPDATES

GROUP SUMMARY

The Light portfolios as a group are up 17.81%, versus the STW which is up 22.95%. So we’re currently lagging the benchmark by 22%.

Here’s a spreadsheet containing all of our current holdings. Of course, you should NOT treat this as a shopping list, as many of these stocks are now no longer value buys, as their share price has gone up since we bought them (yay!). It’s just a record of what we are holding. 

22.1 Portfolio 

Inception date 18/4/2022. This portfolio dipped last week, mostly due to NHC, which fell 12%. We can’t really complain, though, as it’s still up 104% since we bought it last April, and it definitely the star performer in the portfolio. Anyway, Portfolio 22.1 is currently down 4.3% vs the benchmark, which is up 3.3 % over the same period.

You can see the full chart and transactions on the Light homepage.

22.2 Portfolio 

Inception date 08/08/2022. This portfolio continues to perform very well. Portfolio 22.2 is up 22.2% (no, that’s not a typo!) vs the benchmark which is up 9.8%.

 

22.3 Portfolio 

Inception date 7/11/2022. Portfolio 22.3 dipped last week, and is now up 1.7% versus the benchmark which is up 9.4%. Again, NHC was the main culprit, but WHC was also down by 9.7%. Coal stocks are taking a hit at the moment.

23.1 Portfolio 

We finally finished building this portfolio (ie it became fully invested) last Monday (23/1/2023). So I’ll start reporting its performance from that date. As of today, it’s down 1.79% vs the STW which is up 0.45%. The main stocks that pulled it down over the last week were TER (coal stock, down 13.5%), YAL (coal stock, down 12.7%) and WAF (gold stock, down 11.9%). None of them are in sell territory for us yet, but I’ll let you know if that changes.

This is the last portfolio we’re going to build for the time being. See below under the “BUYS” sections for a longer explanation.

 

SELLS

THIS CONTENT IS ONLY AVAILABLE TO QAV LIGHT AND CLUB SUBSCRIBERS.

BUYS

THIS CONTENT IS ONLY AVAILABLE TO QAV LIGHT AND CLUB SUBSCRIBERS.

 

** Please remember to review our Buying Guidelines to understand which cap bands you should be looking at and other important considerations. 

DISCLOSURE

In the interest of full disclosure, we would like to advise that, as of the date of this email, the QAV team currently hold these stocks in their personal portfolios:

AMP CGF FHE GRR IGL JHG MQG NHC NWH PRU QAN QBE RRL S32 SGM WAM WDS WHC

Please note that our personal holdings might not include the stocks we recommend in QAV Light. This is because we already have full portfolios (15-20 stocks) and can only add new stocks if we have to sell something.

If you’re interested in learning more, please review our trading and disclosure policy.

 

FOR NEW MEMBERS

If you’re new to QAV Light, here’s a quick reminder on how it works.

    1. We send you an email every Monday advising which stocks we are adding to our Light portfolio.
    2. You can copy our trades, but please remember to review our Trading Guidelines to understand which cap you should be looking at and other important considerations. And consult a financial planner before making any decisions.
    3. We don’t recommend that you add stocks which are already in our portfolio. Their position on our buy list might have changed since we recommended them. Just start with the stocks recommended after you become a member.
    4. If one of the stocks we add breaches one of our sell conditions, we will sell it from our portfolio and you’ll get an email advising of the trade. Again, you can copy our trades, but seek financial advice before making any decisions. And please check your Rule #1 price (see Trading Guidelines).

     

    That’s it for today!

    If we decide to buy or sell something, we’ll let you know.

    Got a question?
    info@qavpodcast.com.au