What I hold

As I say all over this page – I’m happy to share what I am doing but please don’t blame me if you lose money.  I am not qualified to advise on what to buy, and to buy without undertaking your own research and due diligence is asking for trouble.

 

Here is a list of every ASX-listed stock I have in my portfolio:

  • KGN – Kogan.com
  • 
ST1 – Spirit Telecom
  • 
AVJ – AV Jennings
  • REH – Reece Group
  • 
DTL – Data#3
  • DDR – Dicker Data
  • 
JIN – Jumbo Interactive
  • FMG – Fortescue Metals Group

As of 29/9/2017, my portfolio is 16.7% Cash.

This is a short list, I am comfortable holding a concentrated list, with no stop losses for the following reasons:

  • I believe the underlying value of the stock is higher than the price
  • Short term price movements will not affect the actual underlying value
  • It’s easier to focus on a few stocks you know intimately, rather than hold 30 that you are merely acquainted with
  • I can hold long-term without the need to redeploy the capital elsewhere.