And I have an Australian Shares Portfolio!

Photo by GR Stocks on Unsplash

It's been a while since I blogged! At last, after years of trying to move up in my career for permanent position, as I already have high up position as a causal, but entry level permanent position. 2021 was the year on permanent basis I got a job title upgrade! Years of trying and heart breaks of failing interviews, made getting this higher up permanent position job so much sweeter!

I’m still as ambitious as ever, in climbing career ladder type of thinking, but doing it, in different more relaxed approach. Being flexible, grateful and learning different ways of generating income. I do love my traditional job that I specifically trained at university for it. I have invested time, money and on the job skills to provide add value for my organization, customers and community.  

My current Australian shares portfolio is about 3 and half years. I enjoy analyzing stocks and look to find ways to generate income while learning & developing my skills along the way. I have written tweets on some of my shares holding and the economy. I find that in Australia, if you don’t particularly search for economic news, they don’t pop up in twitter or show up on free to air TV!   So I changed my bio info in twitter from ‘connecting with people and ideas’ to ‘reporting on economy news’ among other topics that interest me. Most humans are always social & like to share some knowledge, some insights and connect. I have found gaps in the Australian media on their economy news reporting that usually run for split seconds on the nightly news while sports runs almost for over fifteen minutes or longer on the news, while economy news affect our daily life more than sports in my opinion, and therefore, should have similar importance to sport.

Good to be back here to report on economy news, some personal finance tips & tricks that I have discovered and tried from other bloggers, twitters and YouTubers. And my financial growth journey in trying these. It’s not get rich quick, for some it could be, for me I find joy & personal growth of applying these some of the tips & tricks and see what works. The main thing of investing that I take into consideration is personal risk appetite that people have in different degrees and access to funds. My own motto, don’t risk money, you aren’t happy to lose. So you’ll see me currently investing $1000 to $2500 per initial purchase of shares in a company. I’m not there yet to drop $5000, $50 000 & higher amounts. Each knows their own circumstances; risk appetite and feeling confident that the Australian company they are investing in will reward them. Be warned, that many Australian Shares’ day traders or longer time frame trader short sell stocks. Selling it below their purchase price and profiting from the difference. And some of them are leveraged. I’m not a short seller or borrow money from a bank to invest in shares. My risk tolerance for such investing style is pretty low. Personally read enough articles to know, I can’t tolerate such risks.

Currently my main personal finance focus and skills are saving, resources management and developing, derisking and maintain my Australian shares’ portfolio. The shares in my portfolio I buy in cash, keep for dividends and sell when the share price appreciate in price. I kept in my shares portfolio from early shares picking mistakes, shares that are stagnant, pays no dividends and carry current paper loss. I have noticed my stock picking reasonably improved from learning from these mistakes and insights along the way. Some industries or stocks are easier to invest in than others. And the main thing I have learned some momentum stocks are not worth the risk, as I miss the clue when to sell them, and should’ve not invested in them in the first place, especially in the small capital companies’ space. Sitting Idle in my portfolio with no sellers or buyers after the big players sold out of the stock, as always do your own research (DYOR).

I’m glad that this blog could be the vehicle to share some of my personal finance journey as other bloggers, writers and YouTubers have.

After tweeting on investing, it was the right time to start Aussie Growth Investing blog!

This is a long time coming, to write about investments! Some investments didn't work out the way I hoped. I naively thought investing in my education and gaining a University Degree is a sure way for financial security, a sure way for full-time employment beyond entry level, a certain promotion and recognition. All the hard work over the years in studying will be worth it. I didn't know then, it'll be a long way away to secure a permanent full-time position in my chosen career. I consult myself, at least I have my chosen career in a casual position and occasionally contract work or secondments. Therefore, my investment in my university degree has mixed results. 

But I assure you it was an investment. If you say the Shares Market is volatile, try real life. Where I invested a life time in Higher Education, and the return on this investment compared to others with less experience or education, is pure disappointment. This made me reflect on it and work hard to find ways to move my career forward or at least find ways beyond a traditional job to increase wealth legally. Currently its work in progress! I'm blessed and grateful.

That's why I'm passionate, as I always do, to find ways for growth investing: personal growth, wealth growth, community growth, financial growth, knowledge growth, connections, exploration and networking growth. I hate stagnation. 

In that spirit and out of the basic human need for continuous growth, I'll be finding ways for growth investing. Of course big part of this blog is how to increase monetary and asset wealth in uncertain and complex economy. How to stay relevant in the fast pace change of technology, and survive the fierce competition locally and globally.

Disclaimer: I’m not a financial adviser; please seek your own professional financial advice. I like to write about investment growth especially on Australian Stocks. And share news about local and global economies, as these affect the average worker or investor on growing their wealth. Thanks for reading.

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