Yes that is
the estimate we will given when attending another professional presentation put
on by a global fund manager who then ‘subcontracts’ out to ‘specialist managers’ who have been over
achieving since 1958. Almost when Adam was a boy.
‘FACEBOOK has put to rest any lingering doubts about its ability to transform its business into a mobile-advertising juggernaut.
The social network reported that profit more than doubled and revenue topped estimates for the ninth straight quarter. About 62 per cent of Facebook’ s ad revenue now comes from advertising on mobile devices, which this year is expected to eclipse newspapers, magazines and radio in the US for the first time, according to eMarketer.’
Are you getting a share of that revenue?
& the
profits
& what
about the all those huge IT stocks & includes the world’s largest company
Yes you
could do it yourself but aren’t you too late & then what company do we buy
& what % of our portfolio & going through an overseas broker is another
challenge & expense.
This
presentation was of 2 global funds
1. Global growth fund with objectives
- · Provide investors with ling term capital growth
- · Outperform the MSCI World Index by 2% to 3 % i=over 3 -5 year periods
- · Provide global diversification
Yes always
easy maybe with one stock but not easy over a portfolio. Of course we heard of
companies that they invest in. eg a global hotel manager, the company that does
all the extra ‘gimmicks’ on cars,… but you need to anticipate before
overpriced.
2. The second fund was a global income fund with
the objectives
- · Target a 8% running yield paid quarterly
- · Provide lower volatility
- · Maintain a conservative currency management strategy
These are
only two funds of a universe of funds
out there
Where do
they fit with you & your goals for the next three years?
Was is
suitable for you & your goals that is important.
We also
attended another presentation by another global fund manager as we
are not aligned.
Their message
was ‘Seek Truth’.
Noise means you
miss out on all the upside as we only react to negative news.
As Australian
equities have done 12% over the very long term then 12% is your benchmark.
Funds are
only a tool to help you achieve your goals.
Our role is to maximise the probability of you achieving your
financial objectives .
What do you need to do so that you are better
off in three years time?
Is there a better way than what you are
struggling with?
We watched a programme on Neil Armstrong
very recently.
Who was 2nd
on the moon & walked with Neil Armstrong?
Do you want to be 2nd?
John McAuliffe
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