Systematic risk management for buy & hold portfolios
Last week we looked at the potential upper and lower limits for ASX dividend re-investing buy and hold portfolios. I posed the question of how systematic risk can be mitigated and how the worst case stock selection can be avoided. Before getting into these answers we should quickly explore the difference that re-investing dividends makes […]
When is cash King?
Following on from last week’s blog, which was entitled “Cash is sometimes King”, emphasis added, we will explore deploying an equities-only long term buy and hold strategy compared to cash-and-equities for the same strategy, because oftentimes cash is not king. The last 12 years have undoubtedly seen secular bear market conditions, which I have discussed […]
Cash is sometimes King
Welcome to a new year of the Gary Stone Journal. 2012 has come and gone and we can now look forward in the hope that 2013 will be a year of fruitful investment. To begin afresh, I thought that I would share with you my thoughts on an investment principle that is hardly the most […]
The Trading Manifesto – Brand new Special Report
My brand new and FREE Special Report is hot off the press. It’s called “The Trading Manifesto”. Why the name, “The Trading Manifesto”? Because the contents of this report are a written declaration of my thoughts, passions and beliefs on how every self directed investor should approach the markets. When I thought about what to […]
Unholy Grails by Nick Radge
I recently read Nick Radge’s book “Unholy Grails”. I highly recommend that every investor read this book. I repeat these quotes here because I am in total agreement with the concepts and principles discussed in Nick’s book. I also do so in an effort to add further evidence to assist readers of this blog to […]
The views of a 45 year veteran
Charley Ellis, a 45 year veteran of investment in the markets, has been quoted as saying “the sad lesson for retail investors is that institutional investors underperform the market and that includes those professionals running managed funds.” In his book, “Winning the Loser’s Game”, Charley Ellis explains that managed funds, on average, will underperform the […]
Beating trading mistakes
Making mistakes is one of the biggest problems that private investors need to overcome. Active investors will make more mistakes than passive investors, especially when they start out, purely due to the fact that they make many more decisions. The aim should be to minimise mistakes rather than trying to hit big winners. Over time, […]
A private investors ‘trading formula’
A universal ‘formula’ exists in this trading caper that needs to be understood and positioned in your psyche to continue to be successful on an ongoing basis. Anybody can place a few profitable trades, randomness will take care of that. But to continue to be successful on an ongoing basis requires more than the consequence […]
Measuring your superfund performance
Recent research by Russell Investments and the SMSF Professional association of Australia has found that when it comes to measuring the performance of self managed super funds, DIY investors are inclined to look the other way instead of revealing the inconvenient truth. Of the 870,000 individual trustees involved in the Self Managed Super Fund Industry, […]
Trader’s story
The Share Wealth Systems team is often asked for feedback from our customers regarding our products and services. What better way to gain some insight, than to read an interview with a long time customer, recently published in Your Trading Edge – July/August 2012 edition. Tim has been a customer for a number of years, […]