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Investment Portfolio; Against Melbourne/National Property prices.
Topic Started: 16 Dec 2012, 08:34 AM (25,669 Views)
Poontang
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Trojan
17 Jan 2013, 10:24 PM
My apologies, I used the wrong words.
Let me try again.

First you go to the roulette table and put your whole portfolio on number 1.
If you lose, create a new portfolio and declare the original one void.
Keep doing this until the white ball finally lands on number 1.
Viola 3500% gains. Lets see property do that!
So you imply that I am going to reset the portfolio everytime it looks bad?

It is more a case of the family sitting at the table playing a game and then after the game started arguing about the rules. So the game was restarted.

I don't imply here, I outright state that if the current portfolio was negative nothing would have been said.
Next week it might be, that's what shares do.
There are some people who seem angry and continuously look for conflict.
Walk away, the battle they are fighting isn't with you, it's with themselves.

The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it.
The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.

Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
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Olmule
Default APF Avatar


He should have mentioned that the portfolio had changed, but I think it was an innocent oversight. He is not trying to hide it.

Poontang even quoted "Would some one like to reply to the new investment portfolio and lock in the figures?" on the 12th Jan!! Poontang was upfront and had to change the portfolio because the portfolio value changed from 240k to 480k.

An apology is in order!

I also agree with the family game analogy.

No need to make a big deal out of it.

We have the rules fixed and the new portfolio.

Game on!
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Strindberg
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Poontang
17 Jan 2013, 10:21 PM
I did not reset the portfolio. It is a new portfolio under different trading conditions, the original portfolio is void as far as I am concerned.
Semantics. We now know that you started again and wiped out the losses on the original portfolio. Why then did you make the false claim on the other thread that the value had returned by the time of the switch over?
Quote:
 
Using the very same argument bulls do on housing, the portfolio lost nothing as no shares were sold. by the time it was switched over it had returned to opening balance.

The first portfolio balance had NOT returned to the opening balance by the time of the switch over.
Housing costs to Income broadly unchanged since 1994 - re-ratified here
The People of Australia have the highest median wealth in the World
2002-2012 10 year house price growth the SLOWEST since 1952-1962
"There are two kinds of people in this world: ones that fiddle around wondering whether a thing's right or wrong and guys like us." (Hugo to Gagin in Ride the Pink Horse)
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Poontang
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Strindberg
17 Jan 2013, 10:41 PM
Semantics. We now know that you started again and wiped out the losses on the original portfolio. Why then did you make the false claim on the other thread that the value had returned by the time of the switch over?


The first portfolio balance had NOT returned to the opening balance by the time of the switch over.
I had not tallied it up, I do that on weekends and post up the new portfolio value. A glance at the portfolio on my trading account had shown a few green arrows so felt confident it had recovered most if not all of the loss. It was already someway to regaining the 5.5% loss The portfolio went down to $226k and recovered to $236k

That was $4k short of the original amount, like I said I had not tallied it up at the time but there were a few green arrows on my trading chart so I feel it was pretty much back to even.
Olmule
17 Jan 2013, 10:40 PM
He should have mentioned that the portfolio had changed, but I think it was an innocent oversight. He is not trying to hide it.

I did consider starting a new thread, it was 5 in the morning and I just wanted to go to bed so I added to the same thread.
Edited by Poontang, 17 Jan 2013, 10:54 PM.
There are some people who seem angry and continuously look for conflict.
Walk away, the battle they are fighting isn't with you, it's with themselves.

The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it.
The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.

Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
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frankrider
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Poontang
17 Jan 2013, 10:21 PM
Trojan
17 Jan 2013, 10:12 PM
I already pointed it out.
In real life, you can't just "reset" your portfolio and ignore all losses.
I did not reset the portfolio. It is a new portfolio under different trading conditions, the original portfolio is void as far as I am concerned.
O I see what your doing. That's how they operate the DOW Jones and other leading indicators. When GM goes into the toilet and everyone loses their life savings they just flip GM out and replace it with some new company that has a rising stock price.

Negative gearing is a form of leveraged speculation in which a speculator borrows money to buy an asset, but the income generated by that asset does not cover the interest on the loan

A negative gearing strategy can only make a profit if the asset rises so much in price that the capital gain is more than the sum of the ongoing losses over the life of the speculation. http://en.wikipedia.org/wiki/Negative_gearing
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Poontang
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frankrider
17 Jan 2013, 11:12 PM
O I see what your doing. That's how they operate the DOW Jones and other leading indicators. When GM goes into the toilet and everyone loses their life savings they just flip GM out and replace it with some new company that has a rising stock price.
Well actually they pull the plug on the computers and stop all trades and start again now. (in a manner of speak)
There are some people who seem angry and continuously look for conflict.
Walk away, the battle they are fighting isn't with you, it's with themselves.

The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it.
The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.

Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
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Poontang
Member Avatar


Poontang
11 Jan 2013, 06:16 AM
Share Code


ABY

AVB

AYN

BKP

BPT

CKF

CTN

DUE

EHL

EPX

EVN

FML

GOR

IMF

KRM

MAD

MTS

MXR

NCM

NST

PIO

RAU

SAR

SBM

TGA

TSM
Quantity

43000

229885

555555

1666666

13793

13793

19607

9478

33057

11267

12084

606060

160000

11235

11695

27777

5952

2500000

1000

17094

714284

500000

52631

14652

9706

100000
Buy Price








$0.465

$0.087

$0.036

$0.006

$1.45

$1.45

$1.025

$2.11

$0.605

$1.775

$1.655

$0.033

$0.125

$1.78

$0.885

$0.72

$3.36

$0.004

$21.56

$1.17

$0.028

$0.010

$0.38

$1.365

$2.06

$0.20







Current Price




$0.46

$0.084

$0.042

$0.006

$1.455

$1.58

$1.09

$2.12

$0.65

$1.84

$1.60

$0.035

$0.115

$1.715

$0.86

$0.63

$3.59

$0.007

$23.00

$1.175

$0.030

$0.007

$0.395

$1.445

$2.15

$0.18



Current Value $







19780

19310

23333

10000

20068

21792

21371

20093

21487

20731

19334

21212

18400

19268

10057

17499

21367

17500

23000

20085

21428

3500

20789

21172

20867

18000








Share Portfolio Total $491443
Share Portfolio Original Amount $476500
Pre Paid Interest on loan 12 months in advance @ 7.65% $19625
Total $496125

No trades made. (trades made will be updated when made.)
No dividends declared.

RAU and MAD have underperformed but will hold them a bit longer and see how they go. RAU was always a speculative play in the portfolio hence a $5k holding only.
MAD was a stronger play.. Will watch closely.




NFI what happened with column headings...

I am not a licensed financial advisor, these are not recommendations and you should seek professional advice before investing. Using figures from an anonymous blogger on an internet forum is not professional financial advice, it is you being stupid


There are some people who seem angry and continuously look for conflict.
Walk away, the battle they are fighting isn't with you, it's with themselves.

The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it.
The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.

Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
Profile "REPLY WITH QUOTE" Go to top
 
Poontang
Member Avatar


Portfolio
Share Code

ABY

AVB

AYN

BKP

BPT

CKF

CTN

DUE

EHL

EPX

EVN

FML

GOR

IMF

KRM

MAD

MTS

MXR

NCM

NST

PIO

RAU

SAR

SBM

TGA

TSM
Quantity

43000

229885

555555

1666666

13793

13793

19607

9478

33057

11267

12084

606060

160000

11235

11695

27777

5952

2500000

1000

17094

714284

500000

52631

14652

9706

100000
Buy Price



$0.465

$0.087

$0.036

$0.006

$1.45

$1.45

$1.025

$2.11

$0.605

$1.775

$1.655

$0.033

$0.125

$1.78

$0.855

$0.72

$3.36

$0.004

$21.56

$1.17

$0.028

$0.010

$0.38

$1.365

$2.06

$0.20


Current Price

$0.47

$0.082

$0.043

$0.008

$1.38

$1.65

$1.13

$2.23

$0.67

$1.88

$1.635

$0.032

$0.115

$1.815

$0.81

$0.65

$3.72

$0.006

$23.62

$1.16

$0.027

$0.007

$0.415

$1.53

$2.19

$0.22
Current Value $

20210

18851

23889

13333

19034

22758

22156

21135

22148

21182

19757

19394

18400

20392

9473

18055

22141

15000

23620

19829

19286

3500

21842

22418

21256

22000


Original Portfolio Value $476500
Loan* $ 19625
Total Original $496125



Current Portfolio Value $501059

Prepaid Interest Investment Loan $19625*




No dividends declared, no trades made.

I am not a licensed financial advisor, these are not recommendations and you should seek professional advice before investing. Using figures from an anonymous blogger on an internet forum is not professional financial advice, it is you being stupid

Current Values are rounded to dollar amount < $0.50 rounded down =/> $0.50 rounded up.


Just for comparison original portfolio is at $243940 including subtraction of last $500 from cash account.

Greensborough 3088
Property Prices 12 months to November 2012

HOUSES Greensborough
Median Prices $488,000

Domain dot com dot au
Edited by Poontang, 26 Jan 2013, 06:50 PM.
There are some people who seem angry and continuously look for conflict.
Walk away, the battle they are fighting isn't with you, it's with themselves.

The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it.
The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.

Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
Profile "REPLY WITH QUOTE" Go to top
 
Poontang
Member Avatar


Poontang
25 Jan 2013, 05:17 PM
Portfolio
Share Code

ABY

AVB

AYN

BKP

BPT

CKF

CTN

DUE

EHL

EPX

EVN

FML

GOR

IMF

KRM

MAD

MTS

MXR

NCM

NST

PIO

RAU

SAR

SBM

TGA

TSM
Quantity

43000

229885

555555

1666666

13793

13793

19607

9478

33057

11267

12084

606060

160000

11235

11695

27777

5952

2500000

1000

17094

714284

500000

52631

14652

9706

100000
Buy Price



$0.465

$0.087

$0.036

$0.006

$1.45

$1.45

$1.025

$2.11

$0.605

$1.775

$1.655

$0.033

$0.125

$1.78

$0.855

$0.72

$3.36

$0.004

$21.56

$1.17

$0.028

$0.010

$0.38

$1.365

$2.06

$0.20


Current Price

$0.455

$0.075

$0.04

$0.007

$1.41

$1.60

$1.09

$2.21

$0.60

$1.92

$1.56

$0.032

$0.11

$1.78

$0.81

$0.585

$3.83

$0.007

$23.63

$1.08

$0.029

$0.013

$0.39

$1.45

$2.12

$0.23
Current Value $

19565

17241

22222

11667

19448

22069

21372

20946

19834

21633

18851

19394

17660

19998

9473

16250

22796

17500

23630

18462

20714

6500

20526

21245

20576

23000


Original Portfolio Value $476500
Loan* $ 19625
Total Original $496125



Current Portfolio Value $492512

Prepaid Interest Investment Loan $19625*




No dividends declared, no trades made.

I am not a licensed financial advisor, these are not recommendations and you should seek professional advice before investing. Using figures from an anonymous blogger on an internet forum is not professional financial advice, it is you being stupid

Current Values are rounded to dollar amount < $0.50 rounded down =/> $0.50 rounded up.


Just for comparison original portfolio is at $231910

Greensborough 3088
Property Prices 12 months to November 2012

HOUSES Greensborough
Median Prices $488,000

Domain dot com dot au
Some up, some down, portfolio is down a little this week. The nature of shares.
There are some people who seem angry and continuously look for conflict.
Walk away, the battle they are fighting isn't with you, it's with themselves.

The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it.
The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.

Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
Profile "REPLY WITH QUOTE" Go to top
 
Poontang
Member Avatar


MTS Sold $3.95 Portfolio 1 10000 x $3.95 = $39480 after brokerage. Portfolio 2 5952 x $3.95 = $23490 after brokerage

RAU Sold $0.03 Portfolio 1 416666x .03 = $12480 (after brokerage) Portfolio 2 500000x $0.03= $14980 After Brokerage

Portfolio 1 Cash Balance Up $51960 Approx CGT $4500
Portfolio 2 Cash Balance Up $38470 Approx CGT $4200
Edited by Poontang, 7 Feb 2013, 02:05 PM.
There are some people who seem angry and continuously look for conflict.
Walk away, the battle they are fighting isn't with you, it's with themselves.

The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it.
The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.

Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
Profile "REPLY WITH QUOTE" Go to top
 
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