Share Forum - Discuss JSE shares and join the Investor Challenge

I do need my coffee, will put it some where else. To top it, I was working the weekend on a thingy to complete it by Monday. And lost 4 hours trying to sort my laptop. But yes, as they say, murphy will come and visit you at times....

 , Coffee fell over and onto my laptop. Using loan PC. lol ....   

Amazing how a diversed portfolio with 2 or 3 bad counters bring a average down. Where one share can make you tops.

Apart from the penny guys I now know why all the other competitions limit a buy of a certain share  to 25% of your portfolio.

A fund manger must be risk adverse, not an opportunist. My portfolio is also wrong in that I have to much SGL, but it was the share of the moment as jaydeb has shown, telkom as jaymed has shown was also a buy .


but neither is a good investment strategy.


So apart from the nice blond you cannot link me up with , it is still fun

jaydeb ?  Is he now beating me.... ?

"My portfolio is also wrong in that I have to much SGL" - If you bought at below R12, and the gold recovers, not only will you smile due to SGL price, but also their divvie policy. But yes, it is not a easy call, as SGL is very volatile.

Saying that, I think you are where I wanted to be and planned that, but I got scared and sold all my SGL. In hindsight I should have kept mine. Hope my fishies turn into gold on the 7th Nov.

But i wish u all the luck with your SGL's

BTI 

In the early hours of the New York morning on Thursday, when scarcely a few hundred lots of gold futures are usually traded, a wave of buy orders worth over $2.3 billion surged into the market

tgg, I dig gold. But I sold out, as it is so volatile, irrelevant what happens in SA. It seems that some people speculate that gold is not what it use to be. I suppose the difference between me and u is that you can have gold as a % of your portfolio, i.e 30% or so. I cannot as I adopted breads 1 share portfolio method. Thus if I go for gold it would be 100%.  But yes, the day may come. Keep me updated on your thoughts on gold. Also I do still believe that if gold recovers to 1400 / 1500 level SGL is the place u wanna be.

PS. seems my small % of fishies and chicken is also not doing to bad in the competition.

I do not have any of them, but keep an eye for " Top ten JSE performers over 5 years to end Sept 2014" Mine will be in there .......

PPC