Austock portfolio versus my model portfolio update (as at 31st Jan 2012)

Austock portfolio versus model 31 Jan 2012

Six months (the half way mark)  are up since I started the challenge of a model portfolio I picked in five minutes, versus Austock’s list of preferred stocks (at 6th July 2011). My model portfolio is comfortably beating Austock’s preferred stocks by more than 5%, and also outperforming the ASX 200 Accumulation Index by 0.8%. Had you followed Austock’s recommendations, you’d now be facing an un-realised loss of $29,181, compared to a loss of $12,836 if you had followed my tips.

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Austock portfolio versus my model portfolio update (as at 31st Dec 2011)

So, five months are almost up since I started the challenge of a model portfolio I picked in five minutes versus Austock’s list of preferred stocks (at 6th July 2011). My model portfolio is comfortably beating Austock’s preferred stocks by more than 4%. Sadly, the model portfolio is lagging the ASX 200 Accumulation index by 1%.

Austock portfolio versus model 31 Dec 2011

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My first article for the Motley Fool

I recently started freelance writing for the Motley fool in Australia. My first article “ 5 safe haven stocks for 2012” can be seen here. I can certainly recommend having a look at the article and having a browse around the site. There’s definitely some very good articles on the site. I will still be adding articles to this blog, but my main focus will be articles for fool.com.au.

Spotless Group (ASX:SPT) – Arbitrage opportunity or trap?

Spotless Group LimitedSpotless Group Limited (ASX:SPT) received a takeover offer from Pacific Equity Partners Pty Ltd (PEP) for $2.50 per share on 9th May 2011. The Offer was revised to $2.68 on 30th November 2011. What is unusual is that SPT’s shares haven’t traded above $2.50. Buyer’s today could make 18 cents per share (8%) return by buying shares today and holding until the deal completes. The question is, what is the risk of the takeover not-proceeding? Read more of this post

Austock portfolio versus my model portfolio update (as at 2nd Dec 2011)

Austock portfolio versus model 2 Dec 2011Its been a while since I gave an update on the performance of my model portfolio versus a selection of stocks made by Austock. This is mainly due to me being exceptionally busy rather than not wanting to provide an update. In the last update on 28th Oct 2011, the model portfolio was lagging behind the ASX200 accumulation index by almost 3%, but still 2.4% ahead of the Austock portfolio. In the latest update – see picture above, my model portfolio is now leading the Austock portfolio by over 4%, and trailing the Accumulation Index by less than 1%. Performance is still not that good when you consider that my return since 6th July is  down 6.4%. I would’ve been better-off putting the cash in the bank. Having said that, the Austock portfolio is down more than 10% since July 2011.

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Austock portfolio versus my model portfolio update (as at 28 Oct 2011)

Austock portfolio versus model 28 Oct 2011The Stock market volatility continues and the performance of both my model portfolio and the Austock portfolio also continue to lag behind the ASX 200 Accumulation index. As I’ve mentioned before, this is not a sprint, but a marathon, so performance over twelve months counts. Performance over four months means we are only a third of the way through our journey. Read more of this post

Austock portfolio versus my model portfolio update 13 Oct 2011

Austock portfolio versus model portfolioIts been almost four weeks since  I last updated the performance of the two portfolios. There have been a couple of changes to stocks that are in the Austock portfolio since that time. ConnectEast Group (ASX: CEU) has been taken over and suspended from trading and WPG Resources (ASX: WPG), sold its iron ore assets to OneSteel Limited (ASX: OST), and returned capital of 42 cents and paid a special dividend of 63 cents to shareholders. As a consequence, its share price has fallen from around 80-90 cents to 10.5 cents. I’ve included both the capital return and special dividend as dividends for the Austock portfolio.

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