Eighteen percent of the time you are on the net it is on Facebook



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.

It was also reported by the press
 
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?

As others do call us on 07 3848 1088 or email or visit our website

John McAuliffe

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