A Random Person’s Random Investments

August 25, 2007

August 2007 portfolio summary

Filed under: General — arandomperson @ 2:13 pm

All the non-geared managed funds sold for use as house deposit, so these all held within the margin loan account. This lot will most likely stay fairly static for a while.
Listed in order of largest holding to smallest:

August 19, 2007

dwelling purchased

Filed under: real-estate — arandomperson @ 5:42 pm

Well last Wednesday night we took a punt at an auction, and got a place. So now quiet living out in the ‘burbs beckons.

Wierd about the auction was that after discussing all sorts of auction and bidding strategies, we ended up being the only bidder, bidded up to the reserve and got the property straight off. After observing a few auctions we have noticed they can be real hit and miss in terms of bidder interest.

Interest rates up and the share market rocky at the moment makes it a wierd time to buy but we have have the resources to push it through, and we havent overextended, going for a cosy unit rather than a palace.

Now its over to the conveyancer and mortgage provider..

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