Friday, July 13, 2007
Commentary On Portfolio
Wow...what a week or last couple weeks! For the week the portfolio is up roughly 7k and I am glad that some of my investments are finally paying off such as SHG a South Korean Bank. As you can see I am still sittin on cash as it's never wise to buy into strength plus I am still contemplating what route to take. I am leaning towards either Emerging Markets or Latin America--however I do not like chasing returns--so I am going to weigh my options while the market digusts the gains we just had.
As you can see I no longer hold ANZ (Australia & New Zealand Bank) basically ANZ has de-listed from NYSE and now trades on OTC. I cannot hold any OTC stocks in my portfolio--so unfortunately I had to sell it. So than I placed a position in WBK (West Pac) another Australian Bank which I will go over in a future post. Now what to have for dinner...
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