Weekend Charting and Chat - 8th January 2016, page-3

Two months ago I suggested to Redbacka that it would be both interesting and educational if he ran a hypothetical portfolio of say 10 to 20 of his "ASX 100 Stocks Ratings" selections, benchmarked against the SPDR S&P/ASX 200 FUND (STW). Initially, the suggestion piqued his interest so I offered to collaborate with him on what was intended to be a simple fun exercise, and I was genuinely interested to see how the portfolio would perform.

After I posted some comments extracted from a paper written by the SAME authors of a paper he cited, he suddenly turned very cold on the proposition and after accusing me of being vindictive and sniping at him, he retreated from the forum.

For the record, I am of a similar age to Redbacka and I try to treat everyone with due respect, and I expect to be treated similarly, and I certainly don't take kindly to being brusquely TOLD what to do, and I would assume neither does he.

As an investor I see three main investment options:
(1) DIY investing in individual shares (something I'm not very good at).
(2) Investing in an index ETF as per Vanguard's John C. Bogle's recommendation.
(3) Investing in a good managed fund.

I have continued to monitor Redbacka's initial "selections" and have chosen STW and Perpetual's Wholesale Australian Share Fund (both with distributions reinvested) as benchmarks, and I'm pleased to report that Redbacka's "selections" are currently looking quite promising with the portfolio being nearly $6,100 ahead of the STW benchmark.

Perpetual are still calculating their distributions so their latest prices are unavailable, but I suspect they will be similar to STW's.



It is unfortunate that Redbacka seems to have pigeon-holed me as a nemesis/attacker, which I am NOT, because if we could collaborate on this exercise we all might learn something beneficial.

Sadly however, unless Redbacka has a change of heart, it seems that this is now unlikely to happen.