Yep, have to agree with you about franked dividends & also about "GFC was a training exercise for COVID19".
In 2019 we were in cash except for APA & CHC which was bought at the bottom of the GFC - up 1378% so could not sell. It's an outstanding stock overlooked by many. We learnt a lot from the GFC, even though it was a different event in many ways. Looking back we were probably too careful with buying mid-March this year but piled in through April and mid-May.
Days like today are extraordinary. We're glad we kept at it. We're usually long term holders - bought APA at float in 2000 and still hold.
Our portfolios are atypical.
AIZ up 21% today, 101% overall,
KMD up 12% today, 75% overall,
CGL up 11% today, 26% overall,
BEN up 9% today, 37% overall,
ADH up 6% today, 117% overall,
SIQ up 6% today, 38% overall,
JHG up 6% today, 51% overall,
IGL up 5% today, 90% overall,
MVB up 5% today, 28% overall.
MQG up 5% today, 31% overall
Other stocks in line with market or flat but still happy with NEA up 70%, ENN up 73%, IFN up 59% & NCK 47%.
Expect some good things from small holdings of SRG, ASB, COF, GOZ and LNK which were all unwanted by the market. Have fair amounts in SLF, GRNV and RARI. Prepared to sell portions of these quickly if things turn ugly. Still wary, took some profits today on NGI, bought some CSL and waiting for some re-tracement with 20% cash. Will use some BEAR to hedge if needed.
Best wishes to all HC traders and investors. We learn from many contributors.
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