Hi @DaveGrubbyThe below is general in nature and doesn't beat...

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    Hi @DaveGrubby

    The below is general in nature and doesn't beat going to see a Financial Adviser or to seek customised financial advice - dependent upon how much money you have (some would argue even a low amount would be wise to seek financial advice and a plan).

    While we are all very bullish on GQG, 100% concentration in a stock is very risky due to the volatility of GQG's stock price. In the last year it has moved between $1.75 (Jan-25) and $3.11 (Jul-24) - this is close to 50% movement of your purchase price.

    I think you need to diversify out of GQG over time, to what level is up to you. If you are holding any profitable stocks, now would be the time to offset with GQG losses and repurchase shares in profit. This will ultimately lower tax to be paid.

    If you are into reading books here are some suggestions to help what to buy in the future - Common Stiocks and Uncommon Profits by Philip Fisher + Benjamin Graham and the Power of Growth Stocks by Frederick Martin. Nothing beats reading The Intelligent Investor (Chapters 8 and 20 in particular) by Benjamin Graham.

    An alternative option is to learn from Rajiv Jain and invest in GQG's Managed Funds and closely watch the changes he makes every month (Not suggesting all money is invested here). Dependent upon what you think the best asset allocation approach is - US equities, Global/International Equities or Emerging Markets.

    Best of Luck
    Lost

 
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(20min delay)
Last
$2.12
Change
-0.030(1.40%)
Mkt cap ! $6.265B
Open High Low Value Volume
$2.15 $2.16 $2.07 $8.154M 3.867M

Buyers (Bids)

No. Vol. Price($)
13 120183 $2.10
 

Sellers (Offers)

Price($) Vol. No.
$2.12 6228 3
View Market Depth
Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
GQG (ASX) Chart
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