QAV Light Weekly Update #59

Hel­lo QAV Light Brigade

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

Well… that was anoth­er crazy week.

But TK’s 60th birth­day par­ty on Sat­ur­day was a huge night. The Angels played a pri­vate gig at a bar in Syd­ney. TK is in the loud Hawai­ian shirt. He’s off to the USA for five weeks today. Tony — am I ever going to see your face again? Don’t answer that. 

PORTFOLIO UPDATE

We had a good sug­ges­tion from lis­ten­er Peter R last week. Late­ly we’ve had a few sit­u­a­tions where there were stocks on the buy list that I could­n’t buy because we already held two parcels of them — the lim­it we’ve set our­selves to avoid over-con­cen­tra­tion. But, as Peter point­ed out, some Light sub­scribers might not hold two parcels of them yet, so it would be good to advise mem­bers of the buy­ing oppor­tu­ni­ties. My con­cern was that, as we aren’t buy­ing them at the cur­rent price, and there­fore would­n’t be track­ing them, we would­n’t be able to advise mem­bers when they became a Rule 1 sell. TK had a good idea — just cre­ate a new port­fo­lio called “Pos­si­ble Buys” which don’t actu­al­ly become part of our offi­cial port­fo­lios (ie we won’t report on their per­for­mance) but we can still track them and advise when they become a sell. So I’ve set that up and will start that process today. More work for me, but it keeps me off the streets, I guess.

BUYS

POSSIBLE BUYS

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:

BSL FHE GRR HLI IGL JHG MQG OML PRU QAN QBE RMS SGM WAM WAF

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.