In one of my taxable trading entities I have decided to create a speculative portfolio with $100,000 which I will call Buffetts Spec Portfolio 2011.
The stocks I have selected whilst all speculative are stocks I hope to hold for 12 months to gain capital gains tax benefit. Please note all these stocks are speculative & high risk so no investment advice is given & everyone should do their own research on these stocks. To follow additions/changes to this portfolio just add to favourites.
Whilst I hope to hold for 12 months I am prepared to sell should circumstances change.
Portfolio:
1. Albion Ltd (ALB) key driver Nickel 140,000 at 14 cents $19,600 Total $19,707.80
2. WCP Resources Ltd (WCP) key driver Ian Middlemass 130,000 at 9 cents Total $11,782.50
3. Mutiny Gold Ltd (MYG) key driver Further Gold Discoveries 100,000 at 14.5 cents Total $14,582.50. (MYG could easily be brought cheaper in the few days if stock is sold out of recent capital raising) As I will be on holidays committed today rather than wait for possibly lower price.
4. Mantle Mining Ltd (MNM) Key drivers Coal /Technology 300,000 at 6.543 cents Total $19,737.97.
Hope to have some more over the next few days
Regards
Buffett
- Forums
- ASX - By Stock
- AUL
- buffett's spec portfolio for 2011
buffett's spec portfolio for 2011
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AUL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online