Recent content by BossMan.

POSITIONING UPDATE Never got around to doing and EOW update will look to do one this week. Yesterday I purchased an additional 4% weighting on ASX : VAP with a buy price of $85.06 bringing myself overweight on both resources and property. However the reason for my post is I have stumbled...

POSITIONING UPDATE Rotated out of US Small Caps index at an ~14% loss. Will claim in tax season 😭. Rotated remaining funds plus some extra money in to ASX:MVR Only money left in sole US exposure is the SP500 EW which I suspect won’t suffer as significantly as the straight SP500. Will be...

PORTFOLIO UPDATE Forgot to post for a couple of weeks, been travelling for work and just haven't found the time. I definitely sold out of BBOZ to early on the rate decision that occurred a few weeks. This was a valuable lesson for me to not back my hypothesis in absolutely, if I had allowed...

EOW Update delay Just a brief update; This has been the biggest pain, doubled down on interest rates and unfortunately property has seen a downswing, if only i had ASX:BBOZ still open. Anyways, this is the damage bought in with more at ~$99

Up to close to $0.50 a share now. Sell side is non-existent hence the gap up, this could rocket even further if more sellers don’t step up soon. This has been most of the story with Albans run up.

INCREASED POSITION As outlined above, increasing my position in ASX:MVR which is the biggest laggard on my portfolio. Resources in the long run prevail, and I’m happy to weather more down turn, however I feel like it is very much sitting near a bottom. This will bring us overweight resources...

EOW Update Running a little bit late, had stuff happening that caused the delay. We went overweight property but the ASX is looking bleak for Monday, it appears we are seeing the beginning of a US equity correction. I have ~6% of portfolio value in cash that is ready to be deployed. As...

TRADE UPDATE Sold BBOZ for a 2.61% and rotated the funds into ASX:VAP Updated weighting below, 22% now in the property sector. Expect some variance, but this falls as a part of my long term positioning so it's less important. As a result we have also reduced our speculative holdings back...

EOW Update Strong week this week, however as stated previously I don't feel like Australia is in the position to cut interest rates. Currency risk is to great and our relative rate to most central banks is still lower/on-par. Believe we will see a sell off on Monday and a subsequent sell off...

Average buy price of $23.92 inclusive of brokerage.

TRADE I will be buying ASX:BBOZ a leveraged inverse ASX fund. Just trying to get in prior to the RBA decision next week. Will note the buy price here. Stop Loss range will allow for 10% downside (wider gap to accommodate the risk of a rally in to the announcement). The volatility coming out...

EOW Update We are approaching 12 months of this blog, and hence this portfolio which has morphed (and I have learnt about) in so many ways. Total Returns Inclusive of closed positions: 11.03% Total Capital Gains inclusive of closed positions: 8.58% For open positions see the below. As...

US 15% tariff on Coal, don’t think these ones will come off. Makes Australian coal more competitive and I can only presume as a byproduct is good for Alfabs If these tariffs stick till Monday next week, I’ll seriously consider I small parcel to increase this position.

Am I mistaken, or does this company not need to provide a quarterly? Cheers Bossmana

Monthly Stock Pick; I expect we will see continued inflows to Coal under the Trump presidency, and a bullish sentiment throughout his tenure. Alfabs also has a unique fire retardant solution that is required in coal mines across NSW and QLD (I believe). Watching the quarterly that should come...