Disclaimer - Read this first!
This is not a signal service. While endeavoring to post signals before time occasionally I will only be able to post signals a day or two late.
I try to avoid stocks that are subject to takeover actions, are undertaking takeover actions or undertaking other corporate actions (share issues and the like).
I am not a financial adviser. Some of these are paper trades. I am not suggesting you follow these signals. If you take any action based on my blog you do so at your own risk.
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Long term wealth creation - background.
My own investments are held in a portfolio much like the Momo system as well as a slowly growing longer term holding similar to that outlined below.
As at 1st July 2024, our starting position was $300,000. The investment scenario is to have an active investing style and a long term buy and hold style.
- Monthly Momo - A momentum system aims to hold the top ten stocks in the ASX 200 when it is on and nothing outside the top ten when off.
- Long Term - A buy and hold strategy based on half in ASX index linked funds and half in a hedged global shares fund. Any Dividends will be reinvested.
The starting position for this blog allocated $100,000 to each of the three strategies
We will take these positions as if this was an Australian SMSF in pension phase. That means profits are untaxed and franking credits get refunded. I will use an interest rate of 1% p.a. on excess cash (min monthly balance) and make an annual deduction each Jan for Accounting and Audit Fees
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Monthly Momentum System.
System Status: Off (as at 16th December 2024)
- Only trades when the ASX200 is rising as defined by a weekly close above the 27 week WMA + 1%. The system turns off when the ASX100 falls below the 27 Week WMA
- Buy the 10 highest momentum ASX 200 stocks in equal weights. Momentum is defined by the 12 Month (Measured using 52 week) ROC.
- Re-Balancing date will be around the 15th of each month.
- Stop Loss Rules.
- System on - Sell any stock not in the top 15 at the middle of each month. Replace with the best performing stock not currently held.
- System off - Sell Any stock not in the top 8 when the system turns off and any not in the top ten on any week end. No Buying.
System Status: Off (as at 16th December 2024)
- Only trades when the ASX200 is rising as defined by a weekly close above the 27 week WMA + 1%. The system turns off when the ASX100 falls below the 27 Week WMA
- Buy the 10 highest momentum ASX 200 stocks in equal weights. Momentum is defined by the 12 Month (Measured using 52 week) ROC.
- Re-Balancing date will be around the 15th of each month.
- Stop Loss Rules.
- System on - Sell any stock not in the top 15 at the middle of each month. Replace with the best performing stock not currently held.
- System off - Sell Any stock not in the top 8 when the system turns off and any not in the top ten on any week end. No Buying.
Opening Stock Trades.
- None
- None
Closing Stock Trades.
- None.
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- None.
Long Term.
System Status: ON (as at 1st July 2024) This system is always on.
- Only holds AFI, ARG and VAS for the ASX and HGBL for the Hedged global funs
- Holdings are set up for 100% dividend re-investment
System Status: ON (as at 1st July 2024) This system is always on.
- Only holds AFI, ARG and VAS for the ASX and HGBL for the Hedged global funs
- Holdings are set up for 100% dividend re-investment
Opening Stock Trades.
- None
- None
Franking Acct.
The franking account currently has a balance of $713.53 which I am giving a receipt date of 30 Dec 25 (6 months after close of F25 financial year)--------------------
Chart(s) / Picture(s) of the Week
Current Trades
None.
Closed Trades Last Week.
Portfolio(s).
