We been slacking off fro some time with our live portfolio , due to the downturn in markets , GFC Floods, Storms , Droughts and doom and gloom in the markets and the US And EUROPE CRISIS. These seem to be everyone’s excuse nowadays for their woes and failures so we though we might as well use it .Off course there are always genuine affected parties, but we will leave that for another time. Lets focus on now.
Our live Australia Portfolio 2012/2013
WE are optimists and while everybody i holding to their cash or stuffing their bank accounts with loads of cash like they were Santa filling up stockings we will do exactly the opposite WE WILL SPEND ON SOME STOCKS.
Iron ore prices are down but we are buying into Australia’s resilience and good quality ore and so we buy
Our Penny stock Aussie punts on the stock market
AGO 03-Sep-2012 @1.31 X 4000= $5240
AMCOM 03-Sep-2012 @ 1.11 x4000=$4440
FMG 30-Aug-2012 @ 3.47 x1500=$5205
AGO ( ATLAS IRON) because we like their good quality grade of iron ore and David Flanagan is a true blue honest aussie ( so to speak)
Amcom ( AMCOM TELECOMMUNICATIONS) – Because they are so good and everybody love this isp including me , plus they have been giving out some good profit results for obvious reasons
FMG ( FORTESCUE METALS GROUP ) – A owner that invests in his own shares can definitely increase my confidence besides this is the cheapest iron ore stock among the big players
Good luck Punters !!