Forum Archive Index - October 2000

["Brian Brakenridge" <brianbrak@xtra.co.nz>]

Krypt Or wrote:

Brian I have a feeling your >15s are not going to leave many companies on the
board but maybe I will be pleasantly suprised!

 

Better to aim at perfection and miss than aim at imperfection and hit it!

 

My post http://www.sharechat.co.nz/archives/current/msg00529.shtml agrees with you re splitting the criteria. Sorry for the confusion Phil. Definitely score on a 1-5 basis for Criteria 1 and 1-2(3) for Criteria II.

 

If we are going to mirror a real portfolio then should we also be look at the best on-call/short term cash accounts available. Remember

1. While we may identify the best companies we don't necessarily have to buy all of them immediately and 2. the monthly contribution of $1000+/- won't necessarily be put immediately into one or all of these Focus stocks. What do we do with these pesos in the meantime? Maybe a USD a/c, I heard someone say recently that USD.29c wasn't impossible. There's a 38% gain right away!

 

On a more serious note, once we have got the NZ cos sorted are we going to have a crack at the ASX as well? It has been mentioned before that a good portfolio should have 50%+/- overseas. I've mentioned maybe a good low cost Global Index tracking the MSCI. What thoughts do others have regarding how an average kiwi should invest O/S? Are we going to do this with our Focus Portfolio?

 

Cheers, Brian