Actively managed portfolio journey

[BossMan.]

PORTFOLIO UPDATE

Forgot to post for a couple of weeks, been travelling for work and just haven't found the time.

I definitely sold out of BBOZ to early on the rate decision that occurred a few weeks. This was a valuable lesson for me to not back my hypothesis in absolutely, if I had allowed myself to wait and watch the market and allowed for a slightly bigger window I would of caught the ASX downside and hedged the downside of a lot of my portfolio.

Additionally I loaded up on the property sector which continued to slide off the back of the decision (once again ~ if I had waited to watch the market on a slightly bigger window I likely would of gotten in at a better price.

None the less here is how we sit since the 01/JAN/2025

Profit / Loss - Including Closed Positions



Weightings



Other Thoughts / Ramblings and blog stuff

Resources sector allocation is now on target since increasing my holdings a few weeks ago. I am starting to see the upside on ASX:WIRE as @Sean K pointed out in his thread (and he seemingly saw that breakout!). My portfolio is currently right on where I want its weightings, I am set to get dividend income at the end of March.

I am waiting to see what happens on April 2nd prior to making any new injection into my portfolio, I figure the volatility caused in the lead up + after that day will lead to opportunity (for people that don't know what I am talking about I'm referring to Trumps broad based reciprocal tariffs).

Currently have cash ready to inject which is equivalent of ~5-6% of the current portfolio value.

I am also set to get a pay rise + promotion at work which will enable me to continue to scale this portfolio, I am also set to graduate my studies at the end of this year which will enable me to leave my home city if applicable opportunities arise.

None the less - Onwards & Upwards.

 

[divs4ever]

indeed i exited BEAR early as well BUT i locked in an acceptable profit ( and wasn't a forced seller )

could have been better ( or worse )

DON"T count on Trump's tariffs they MIGHT be a negotiating tactic ( but have options ready just in case )

tariffs are great IF you have a strong manufacturing/infrastructure base , but since the US imports so much stuff , that indicates other nations can do it better AND absorb the logistics costs of sending it the the international buyer

time will tell if tariffs do what is planned they haven't been so useful to the EU which have had them for decades , mid-term maybe but long term they tend to make local manufacturers/producers bloated and lazy

 

[BossMan.]

POSITIONING UPDATE

Rotated out of US Small Caps index at an ~14% loss. Will claim in tax season .

Rotated remaining funds plus some extra money in to ASX:MVR

Only money left in sole US exposure is the SP500 EW which I suspect won’t suffer as significantly as the straight SP500.

Will be assessing my positions again in ~2-3 weeks and will be injecting additional capital to my most effected holdings.

Will provide a EOW update with where we stand.

Now heavily overweight resources

 

[divs4ever]

Now heavily overweight resources

maybe not the worst place to be , currently

but if choosing individual stocks , try to bias towards the low debt ones ( at worst they will try to buy other under-valued companies )

but on the upside , this is the experience you need , to cope with strategies later on

 

[BossMan.]

POSITIONING UPDATE

Never got around to doing and EOW update will look to do one this week.

Yesterday I purchased an additional 4% weighting on ASX : VAP with a buy price of $85.06 bringing myself overweight on both resources and property.

However the reason for my post is I have stumbled across an interesting article around storage rents decreasing by as much as 11% in the next few years.

Industrial property’s golden run comes to an end

The pandemic surge in demand has eased while supply is still ramping up, with rents falling as a result, a new report shows.

www.afr.com

Something I am going to read into, and may even go down the @divs4ever path of hand picking my REITs in May/June.

None the less, I am going to be reinvesting all dividend income + another 4-5% injection of cash into the ASX200 to take advantage of the recent decrease in price. I may also consider topping up on ASX:WIRE

I fully expect more downside volatility in the ASX more broadly and intend to continue to buy into the sell off over the course of the next few months.

Edit: to add given my young age < 25 I can ride out any market volatility over the long term and am not currently strapped for cash.

Onwards & Upwards

 

[BossMan.]

UPDATE

On sick leave today, and figured it gives me the opportunity to provide an update relating to the above.

We have increased our position on VAP as outlined above and similarly increased our ASX200 exposure on the relative low on the 17th of April.

This is how our weightings look; very overweight resources (which is what I wanted - buying into the weakness)

Weightings




Profit / Loss




As you can see above, resources is still the biggest laggard on the portfolio.

Will have a more in-depth post on my thoughts around the REIT investment, and additional allocations in the comings weeks. I am going to be in a position to invest even heavier into the above, and potentially open up a new speculative position (have a few companies on my radar)

 

[BossMan.]

EOW Update

As outlined below we are overweight property, overweight resources and very slightly overweight Diversified Growth.

When thinking on this, I think this marks the opportunity to continue to increase my diversified growth holdings. I may look at broader Asian/European based assets, potentially looking to allocate +/- 5-6% of new capital into a fund focused in these markets. Starting to look into these now with a planned injection for the end of May/early June (hopefully just before the end of the Ukraine v.s. Russia conflict),

Avoiding the USA due to the volatility. I feel thankful that I chose to purchase the SP500 Equal Weight which has shown relatively less volatility compared to the SP500. Time will tell if this was the correct decision.

Weightings


Profit / Loss


Other Comments

ASX:AAL has continued to be a big driver of capital gains on my portfolio, in it's absence I would be in the red by 2 or 3%, I fully expect continued growth in this asset and am looking forward to reading there next report.

I have been interviewing for other roles (income is my biggest builder of wealth at my age) and may be looking at a 10-20% pay rise. This is going to speed up the growth of my portfolio substantially.

My long term target is to have a portfolio that generates enough returns to be the equivalent of a pension - I guess similar to the FIRE concepts. I am keen to get back into trading short term speculative positions however haven't had time recently.

If you have any suggestions of areas to look for my diversified growth arm of the portfolio please drop them below and ill investigate them (of course not financial advice however..)

onwards & upwards.

 

[Dona Ferentes]

slightly overweight Diversified Growth. ....When thinking on this, I think this marks the opportunity to increase my diversified growth holdings..

I have been interviewing for other roles (income is my biggest builder of wealth at my age) and may be looking at a 10-20% pay rise. This is going to speed up the growth of my portfolio substantially.

soinds like you're doing things well.

Compound growth .. yay

 

[finicky]

When there's a crash - whether general or in Gold - maybe introduce a few gold producing companies into the p/f? I subscribe to Market Matters and they have recently suggested the GDX etf if it dips far enough. I recall @Sean K has bought it from time to time. I've never bought it, preferring to select individual companies, but that been a perilous path to tread in the goldie space. Caveat - I'm a goldbug.
Do you have some cash set aside for a crash? That is where you can make some very good buys, e.g in Mar 2009 or Mar 2020, but obviously only if you have reserved some cash.

 

[qldfrog]

EOW Update

As outlined below we are overweight property, overweight resources and very slightly overweight Diversified Growth.

When thinking on this, I think this marks the opportunity to continue to increase my diversified growth holdings. I may look at broader Asian/European based assets, potentially looking to allocate +/- 5-6% of new capital into a fund focused in these markets. Starting to look into these now with a planned injection for the end of May/early June (hopefully just before the end of the Ukraine v.s. Russia conflict),

Avoiding the USA due to the volatility. I feel thankful that I chose to purchase the SP500 Equal Weight which has shown relatively less volatility compared to the SP500. Time will tell if this was the correct decision.

Weightings
View attachment 198827

Profit / Loss
View attachment 198826

Other Comments

ASX:AAL has continued to be a big driver of capital gains on my portfolio, in it's absence I would be in the red by 2 or 3%, I fully expect continued growth in this asset and am looking forward to reading there next report.

I have been interviewing for other roles (income is my biggest builder of wealth at my age) and may be looking at a 10-20% pay rise. This is going to speed up the growth of my portfolio substantially.

My long term target is to have a portfolio that generates enough returns to be the equivalent of a pension - I guess similar to the FIRE concepts. I am keen to get back into trading short term speculative positions however haven't had time recently.

If you have any suggestions of areas to look for my diversified growth arm of the portfolio please drop them below and ill investigate them (of course not financial advice however..)

onwards & upwards.

I would consider indian ETFs as part of your package , as for Europe, maybe target non UK France Germany, ..places like Poland, Turkey..you are in for the long run

 

[divs4ever]

although US-based ( and US-focused )

these two websites may give you some useful ideas

https://www.early-retirement.org/ ( i am a member here but not currently active )

https://www.bogleheads.org/wiki/Main_Page more Vanguard/Jack Bogle focused and of course focused more towards index funds

 

[finicky]

I would consider indian ETFs

Yeah I was going to ponder that. Maybe I subliminally clocked it in your post @qldfrog. Also there are a few Vietnam etfs? Mind never ventured into either myself.

AI Overview
Learn more
Yes, there are Vietnam ETFs listed on the ASX, though they might not be the most common or widely followed. One example is Vietnam Industrial Investments Limited (ASX:VII). Additionally, the VanEck Vietnam ETF (VNM) is listed on the Yahoo Finance. Listcorp provides a comprehensive list of ETFs on the ASX.

 

[divs4ever]

I would consider indian ETFs as part of your package , as for Europe, maybe target non UK France Germany, ..places like Poland, Turkey..you are in for the long run

but he is relatively young ( under 30 i believe ) if he has plenty of patience and determination ... maybe there is a nice upside ( in selected parts of Europe )

but yes , India for me ( but i am much older a 30 year wait is not practical for me )

When there's a crash - whether general or in Gold - maybe introduce a few gold producing companies into the p/f? I subscribe to Market Matters and they have recently suggested the GDX etf if it dips far enough. I recall @Sean K has bought it from time to time. I've never bought it, preferring to select individual companies, but that been a perilous path to tread in the goldie space. Caveat - I'm a goldbug.
Do you have some cash set aside for a crash? That is where you can make some very good buys, e.g in Mar 2009 or Mar 2020, but obviously only if you have reserved some cash.

i preferred gold miners/producers , albeit some were junior miners when i started investing in them ( EVN and NST and OZ Minerals )

'cash ' ... in 2019 and early 2020 i put some 'liquidity ' into reverse index funds half-expecting some banks might restrict withdrawals/transfers in hectic moments ( allowing the sale proceeds quickly accessible in my trading platforms )

so far .. i have resisted this strategy this time ( it might be different by the end of the week )

 

[qldfrog]

Yeah I was going to ponder that. Maybe I subliminally clocked it in your post @qldfrog. Also there are a few Vietnam etfs? Mind never ventured into either myself

All these are easy yo find in the US market much harder here on the ASX

I only play the US market, no buy and hold due to convenience/tool used but Mexico , Poland and Turkey have provided me with numerous quick gains and i would be keen to hold a few for the next decades

 

[divs4ever]

Yeah I was going to ponder that. Maybe I subliminally clocked it in your post @qldfrog. Also there are a few Vietnam etfs? Mind never ventured into either myself.

AI Overview
Learn more
Yes, there are Vietnam ETFs listed on the ASX, though they might not be the most common or widely followed. One example is Vietnam Industrial Investments Limited (ASX:VII). Additionally, the VanEck Vietnam ETF (VNM) is listed on the Yahoo Finance. Listcorp provides a comprehensive list of ETFs on the ASX.

thanks

i had missed the Vietnam focused ETFs , i had some attempted at ASX-listed stock with Vietnam exposure with limited success

 

[finicky]

Getting no results for the Vietnam etfs on CommSec: VII and VNM

Edit:
Broker Consensus
VII is not covered by a major broker, or data from most recent compilation was omitted due to not meeting QA guidelines.

 

[divs4ever]

EOW Update

As outlined below we are overweight property, overweight resources and very slightly overweight Diversified Growth.

When thinking on this, I think this marks the opportunity to continue to increase my diversified growth holdings. I may look at broader Asian/European based assets, potentially looking to allocate +/- 5-6% of new capital into a fund focused in these markets. Starting to look into these now with a planned injection for the end of May/early June (hopefully just before the end of the Ukraine v.s. Russia conflict),

Avoiding the USA due to the volatility. I feel thankful that I chose to purchase the SP500 Equal Weight which has shown relatively less volatility compared to the SP500. Time will tell if this was the correct decision.

Weightings
View attachment 198827

Profit / Loss
View attachment 198826

Other Comments

ASX:AAL has continued to be a big driver of capital gains on my portfolio, in it's absence I would be in the red by 2 or 3%, I fully expect continued growth in this asset and am looking forward to reading there next report.

I have been interviewing for other roles (income is my biggest builder of wealth at my age) and may be looking at a 10-20% pay rise. This is going to speed up the growth of my portfolio substantially.

My long term target is to have a portfolio that generates enough returns to be the equivalent of a pension - I guess similar to the FIRE concepts. I am keen to get back into trading short term speculative positions however haven't had time recently.

If you have any suggestions of areas to look for my diversified growth arm of the portfolio please drop them below and ill investigate them (of course not financial advice however..)

onwards & upwards.

expect a downward trend in resource stocks' after tax profits and rising costs ( with a few exceptions ) for several years , now don't panic, this trend ( when it happens ) can be very exploitable by young investors .

i ended up very nicely , by persevering through the pain in OZ Minerals between 2011 and the eventual take-over by BHP

diversified growth ..
Australia vs Internationally is a tough decision , Australia has been a 'lucky country ' so far but how much longer , if looking overseas where ?

i have looked at India ( less focused than many on China ) Indonesia , and Malaysia/Singapore ( and New Zealand but most targets are illiquid over there ) and @finicky has found a way to get exposure to Vietnam

but might be a good time to become educated on Africa , there is plenty of opportunity for development there , in the future

now a complete left-field play could be South Korea .. hoping Korea can unify in time ( think the re-unification of Germany as a guide )

 

[divs4ever]

Getting no results for the Vietnam etfs on CommSec: VII and VNM

Edit:
Broker Consensus
VII is not covered by a major broker, or data from most recent compilation was omitted due to not meeting QA guidelines.

that would explain how i missed them , i suspect Bell Direct ( my other platform ) has a similar gap in listing/research

 

[BossMan.]

but might be a good time to become educated on Africa , there is plenty of opportunity for development there , in the future

Africa is a big no go for me, seeing what has happened to mining investments and the amount of instability that is systematic across Africa.

I don't see Africa ever escaping it's current state.

 

[divs4ever]

Africa is a big no go for me, seeing what has happened to mining investments and the amount of instability that is systematic across Africa.

I don't see Africa ever escaping it's current state.

for twelve years ( 2011 to 2023 ) that was my thinking also

but watching geopolitical events since mid-2019 , i see many areas plummeting towards Africa-like issues .

maybe the ( majority of ) the world sinks below Africa ( aided in part by Chinese determination to create new trading partners , rather than colonies ) if the logistics are de-bottle-necked , it won't take much extra for steady improvement