I just checked my share portfolio on the Commsec app and am reminded that my decision to liquidate most of my Treasury Wine Estate shares two and a half months ago was an unintentionally astute move (unlike most of my share purchase and sale decisions). You see, this morning Treasury did a revised earnings guidance …
Tag Archives: investing
A Happy Day On The Sharemarket
At the end of March, one of those share market newsletters I subscribe to tried spruiking another more premium newsletter dealing with share market volatility, talking about ‘Big Wednesday’ – a period of great volatility and falls. I wrote about that matter at the time. Soon after, the Trump tariff announcements caused some falls, followed …
Share Market Falls Upwards
This past Thursday, I went to lunch at Jimmy Watson in Lygon Street, as is now my custom one day each month. You see, I have joined what is commonly known as a ‘Bottle Club’ – this is a convivial group of (almost exclusively male) like minded individuals who enjoy fine wine and good company …
Insignia Financial Lose A Suitor
My late father’s superannuation was invested in insurance bonds with what was then IOOF. As a result, when IOOF demutualised circa 2002, my mother got 2715 shares in that company. At some point in recent years, they changed their name to Insignia Financial, and two years ago, they sold their insurance bond business off to …
It’s The Economy, Stupid….
It has been an interesting few days since the tariff announcements and retractions by the Trumpster. Share market fluctuations have been sufficiently volatile as to resemble the ‘Big Wednesday’ which that stable of share market commentary newsletters has been predicting. I have been sitting tight though. I know that my ability to predict the market …
The Impermanence of a Stock Exchange Listing
Years ago when I first started learning about investing in the share market, I remember reading, in one or other of the various books I had bought to teach myself about share investing, that the author observed that many large companies did not remain listed on the stock exchange. He mentioned various big name companies …
Continue reading “The Impermanence of a Stock Exchange Listing”
Should I Adopt A New Investment Strategy?
Telstra shares hit an all time high of $9.20 in February 1999. I know this for certain because at the time I had 600 shares in the company from the original T1 float, and had temporarily moved to Canberra for a few months in late January 1999 – it was a moment I could well …
Continue reading “Should I Adopt A New Investment Strategy?”
Australian Vintage Group Continues To Spiral….
Readers of my blog will know that I am a shareholder in Treasury Wine Estates, and that I recently attended the Treasury AGM – mostly to enjoy the free drinks afterwards (mostly Penfolds Bin 28 shiraz). During the AGM, someone on the Board mentioned that TWE is doing very well in comparison to other wine …
Continue reading “Australian Vintage Group Continues To Spiral….”
The Man Who Broke Capitalism
I initially started my share portfolio in mid 1996 with 110 shares in Mayne Nickless. I had just bought my first home, read a book about share market investing for the first time, and saw an ad in the Australian Financial Review about endowment warrants. I made an enquiry with a stockbroking firm trying to …
Lost For Words! 