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And so this is Christmas - and what have we done?

Discussion in 'Investing Strategies' started by TakeStock, 30th Dec, 2005.

  1. TakeStock

    TakeStock Well-Known Member

    Joined:
    14th Aug, 2005
    Posts:
    140
    Location:
    Sydney
    Well the end of the year is fast approaching and a new one is about to begin. Have you achieved your goals for 2005? I am satisfied with both my financial and non-financial goals. I have not purchased any property this year, however, I have added to my share portfolio.

    As for 2006, well, I can't wait to hook into it. Over many years I have tried just about every type of share/option investing/trading...and I find that I tend to gravitate back to value investing for the long term. I increasingly find that waiting patiently for good companies to suffer an irrational share price drop usually brings about a good buying opportunity. I aim to continue this investing philosophy throughout 2006. Additionally, I will be starting to take a serious look into the property arena again.

    What are your financial goals for the upcoming year?

    BTW, apologies to John Lennon for the subject title.
     
  2. Rick

    Rick Well-Known Member

    Joined:
    16th Aug, 2005
    Posts:
    103
    Location:
    QLD
    I have had a similar year TakeStock. Although I would have liked to do a bit more finetuning but I have to use time as the excuse for not doing that.

    Therefore, next year I will make more time to look after the fiddly bits. I also will be on the search for at least one IP. This will be no off the cuff purchase and I am determined to make a worthwhile addition to the portfolio.

    It, or they are out there I've just got to find them. :cool:
     
  3. Jacque

    Jacque Team InvestEd

    Joined:
    16th Jun, 2005
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    1,885
    Location:
    Sydney
    So will you be buying in Townsville Rick?
     
  4. Rick

    Rick Well-Known Member

    Joined:
    16th Aug, 2005
    Posts:
    103
    Location:
    QLD
    I hope so but I have no restrictions. ;)