Merci vielmals Index Investor.I trust your investment strategy...

Merci vielmals Index Investor.
I trust your investment strategy is as your name bears.
As investing regular amounts into a Vanguard type index fund over past couple of decades would have proven a great wealth builder.

Stock picking is a tough game.
80% of all IPOs over the past 12 months are burning $$$ & most have little realistic plan to profitability.

Personally , Right now ,only investing in enterprises, which have cash earnings , with little or no debt & have a better than even money chance of growth.
ACF , even though relatively illiquid as a micro cap fits the bill nicely...its a defensive enterprise. provided management can execute
Not to forget Holders are being paid a pre tax circa 7.5 % divvy to hold on. (2c p/s correct?)
Against getting a couple of peanuts ( less than 100 basis points ?) on fixed interest in Aust.
Deposit rates here in CH on business accounts are negative & on private just a few basis points above zero.



It can't be too far away before some major infrastructure approved Fed / State govt building projects get the start button pushed.
One would assume ACF will win a little piece of that pie , which is all that's required to stimulate earnings.

Just quietly accumulating...nibbling away.
Risk v Reward with Acrow from this point is in favour of the former.

But patience required.

Lets see what washes out.

Best ,

SG: