Saturday morning and the AU and US markets are closed, so I can do a weekly post on how my implementation of the "12% solution" portfolio is performing in my IG trading account. As mentioned previously, I already had a few hundred dollars in the IG trading account I opened to get some 'free' Qantas Frequent Flyer points last year, and that money is invested in the ASIA Technology Tigers ETF as a long position (ie. I'll just let it sit there for 5+ years and see how it goes). The other $10,000 I recently added to my IG account using funds from my portfolio (home equity) loan to trade each month per the recommendations given in the end-of-month email updates from David Alan Carter per his "12% solution" trading methodology.
Portfolio as at Sat 08 AUG 2020: Value Profit/Loss
50 Betashares Asia Technology Tigers ETF A$ 475.00 + A$ 49.50
34 Proshares UltraPro QQQ (All Sessions) US$ 4,319.02 +US$ 101.32
27 SPDR Barclays High Yield Bond ETF US$ 2,858.76 +US$ 11.88
Total positions A$10,503.76 +A$ 207.66
Cash A$ 23.37
Portfolio A$10,527.03
This week was all sunshine and puppies, but I won't be making >1% gain every week ;)
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