Rat Finke

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About Rat Finke

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    West of Melbourne

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  1. Rat Finke

    Investments

    "In every major economic downturn in U.S. history, the villains have been the heroes during the preceding boom." -- Peter Drucker
  2. Rat Finke

    Investments

    At the end of the first month its the canny @FullySick who leads with his choice of Afterpay Touch Group. For those unfamiliar with ATG, this is from the company website. "Afterpay Touch Group (ATG) is a technology driven payments company with a mission to make purchasing feel great for a global customer base. ATG comprises of the Afterpay and Touch products and businesses. Afterpay is driving retail innovation by allowing leading retailers to offer a ‘buy now, receive now, pay later’ service that does not require end-customers to enter into a traditional loan or pay any upfront fees or interest to Afterpay. Afterpay currently has around 3.5 million active customers and over 25,000 active retail merchants on-boarded. Touch comprises innovative digital payment businesses servicing major consumer facing organisations in the telecommunications, health and convenience retail sectors in Australia and overseas." In second place is the first of my benchmark investments, Vanguard ASX300. If you know nothing about the share market, these "Exchange Traded Funds" give great market exposure without the concentrated risk/opportunity of an individual stock. Cheers - And good luck for the next month
  3. Rat Finke

    Investments

    Here’s another one for your misery file, Fully https://apple.news/Aye2XM9ojQw-nRlml3KY27g
  4. Oh dear Mr@Ghost Rider . Have you just outed yourself as one of those creepy weird guys, young forum members should avoid ? [emoji2]
  5. I’m interested. [emoji106]
  6. Rat Finke

    Investments

    Fully - I have found your real estate calling - Clunes. Big property appreciation, relatively low entry price and close to the plentiful DtRZ Ballarat folk for riding and company [emoji846]. Get on board ! Victoria’s best spot to snare a bargain home https://www.heraldsun.com.au/real-estate/victoria/historic-town-named-victorias-best-spot-to-snare-a-bargain-home/news-story/5aec249fcf296d8a6cd729e2d1c5ea7e
  7. Rat Finke

    Investments

    Week one results are in and there are a few early leaders who have sprinted ahead and are well in the black. These include @riles, @J-man and the canny @FullySick From a macro perspective, those who invested offshore had positive tail winds due to the weakening AUD Overall the portfolio is $475 positive FYI - I am not intending to post weekly updates...but will endeavor to post up a performance ladder monthly so that you can check progress Full breakdown of the value calculation is as follows, if you want to validate the arithmetic
  8. Rat Finke

    Investments

    I thought you would be old school Fully and do your best moves on a piece of flattened cardboard rather than polished floor boards
  9. Rat Finke

    Investments

    Ok guys. The 'opening balances' at 31 January 2019 are in the attached image. If I have got something wrong, please let me know. A couple of comments: I have run the units acquired to 2 decimal places. It avoids people not being able to fully deploy based on share price rounding I will run 3 comparatives: A general index fund which covers the Australian stock market. - Vanguard A dirty simple term deposit from CBA A property index based on the median value of a 3BR home in Glen Iris. FYI, Glen Iris is the demographic centre of Melbourne, based on population so is an attempt to find something representative of the local property market. This will give FullySick some empirical data on property prices rather than posting links to his investment bible, the Herald Sun Good luck all RF
  10. Rat Finke

    Investments

    BTW - I will post up the opening 31 January investment positions sometime over the weekend [emoji106]
  11. Rat Finke

    Investments

    Fully pulls the wings of butterflies, then takes delight in watching them walk [emoji846]
  12. Rat Finke

    Investments

    Well done @Cujo I was hoping someone was going to punt on a Crypto renascence.
  13. Rat Finke

    Investments

    A reminder that with 31 Jan approaching, you can either lock in or vary your current selection prior to 31 Jan
  14. Rat Finke

    Investments

    Given most ppl have put their tips in to take effect from 31 Jan, I will also put in my tip. It’s a bit exotic (I would not use real money to buy it) and called Yandex. Listed on the NYSE - but the business base is in Russia. Think Google in Russian. Why I like it - - it’s tech - it’s winning against Google - It’s diversified and claims to have the only significant ride sharing business which makes money. - it’s offshore from Australia, so I like the currency play - it’s main currency, the Ruble, has been knocked around due to politics, so maybe some longer term upside I do like the binary nature that I could be the biggest winner......or the biggest loser [emoji846] Some further info..... https://www.fool.com/investing/2018/04/23/5-reasons-to-buy-yandex-the-russian-google.aspx
  15. Rat Finke

    Investments

    I like your thinking @JasonD but the competition does not start until 31 Jan. you may have peaked too early [emoji2]