Originally Posted by
BIRMANBOY
Ok, thanks. Index funds based on top 20, middle 30 or whatever dont really strike me as being the way i like to do things. Its the "averaging" aspect that I dislike. Any high performers will be countered by the dudds so it would seem that you are left with an "average" performance. My goal is to look for above average returns that dont wander into the speculative category. BRM does the research, puts their collective necks and our funds on the line and cherry picks. As I mentioned BRM is returning 9.6% for me due to some canny(lucky) buying by me at low prices so when I do the math its a hard one to beat for my dividend oriented portfolio. Also of course the dividends are fully imputed. I have been looking to buy more but it hasnt approached my average cost for months. Seems to hit resistance at 61. Every now and then after a dividend it can make a dip. There is a large queue of buyers waiting as well. Something like 300,000 shares wanted made up of 20-30 buyers. BRM regularly buys as well which seems to keep the price up. Would be interesting? to see what happened to the share price if they stopped buying however. Re your Google research..has to be taken with a grain of salt because they dont factor in individuals cost prices. Someone who holds at .75 will be less content than someone who holds at .61 for example