Random Aussie share picks (Update 2017)

 Random Aussie share picks   Update Sept 2017

 

Here is the Sept 2017 update from my original post . If you need to refresh your memory here is a link to the original article. Basically I chose 10 shares from Martin Roth’s Top Stocks book and held  them (hypothetically) for a 14 year period. Now, occasionally, I will provide an update on the progress of the share portfolio.

The last 2 years has seen an increase in the value of the portfolio of $94,558 to $430,299.

The portfolio since 2000 has risen $330,299 which is $56,945 more than when I started these articles in July 2014. As you can see all but two of the stocks (Maxitrans and Amcor) are above 100% profit since 2000 and three are above or close to 400%.

The current total of $330,299 (total minus $100,000 originally invested) divided by 17 years = $19,429 per year. So for the last 17 years you had $19,429 extra in your life (per year) just by deciding to buy shares and sit on them.

 

Email subscription
If you like Yoursavings - please join us.

 

Your details will always be kept safe and never shared.