QAV Light Weekly Update #114

Hap­py Mon­day!

You say, “Times are tough“
We’ve got the best of both worlds here
Things are rough
We’ve got the best of both worlds here
Times are tough
We’ve got the best of both worlds

Lots of crazy things are hap­pen­ing in the world at the moment, includ­ing a trag­ic event in Syd­ney over the last few days, and of course they are affect­ing the mar­kets. Mean­while, I agree with the Oils — we’ve got the best of both worlds here. Peo­ple often ask Tony how we should invest when there is tur­moil in the mar­kets and his response is always exact­ly the same — noth­ing changes, we just fol­low our rules. We buy when the sys­tem tells us to buy, and sell when it tells us to sell. No think­ing required.

The AORD is down again a bit in last week, but it’s still over 8000. Bare­ly.

PORTFOLIO UPDATES

As a group, our four Light port­fo­lios had a good week and seem to be clos­ing the gap with the bench­mark, as expect­ed.  

Here’s the group port­fo­lio posi­tion for the FY.

SELLS

BUYS

CURRENT HOLDINGS

** 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 FHE FPR GNC MMS PRU QBE RMS SSM SUL WAM WGX 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? 
[email protected]