Happy Monday!

Wouldn’t it be good to be on your side?
The grass is always greener over there
Wouldn’t it be good if we could live
without a care?

Nik Kershaw on my Spotify playlist this morning, explaining how value investors sometimes feel when they watch stocks with insane P/E ratios continue to skyrocket despite no logical way to justify why you would pay 10X their intrinsic value. Perhaos people who live without a care can justify that approach to investing (which is really ‘gambling’ in my book). Anyway… back to reality. 

Meanwhile, the local stock market had a re-think this morning, “following sharp losses in the materials and energy sectors”, according to the AFR. 

 

 

PORTFOLIO UPDATES

As a group, our four Light portfolios are still tracking at a little better than half of the STW since inception (Feb 2022).  

SELLS

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

 

 

BUYS

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

CURRENT HOLDINGS

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:

ADH ALD ANZ DTL EHE FHE FPR GNC MMS QBE RMS SSM SUL VUK WAM WGX BSL GEM OML


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).
  5. If you come across any QAV terminology that you don’t understand (eg Rule 1, 3PTL, Possibles, etc), please review our terminology guide or just email us for clarification.

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