A Random Person’s Random Investments

July 28, 2014

portfolio underway, with a small amount of gearing

Filed under: General — arandomperson @ 9:51 am

Have decided to use a little bit of gearing to kickstart the portfolio – but using some funds from the (almost completely paid) mortgage.
I have paid a fee to split the mortgage, so that the interest on money used for dividend paying investments is accounted for separately so it doesn’t get messy down the track. Gearing ratio currently 41% and will drop over time, but at least there is no LVR here enslaving me to the random walk of the market.
One minor problem is an easy way to work out what groups of shares to buy while keeping the portfolio aimed toward the desired balance – but luckily there is a Python script on github that can give an indication of what direction to go, using the CMC market “profit and loss” csv file as an input.

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