<BTW, Maurice, tell us how you intend to monetize your faith in QCOM? allocation, sell point, buy level? Give us totem carriers some context so that we may, if we wish, tag along with you on rise to wealth nirvana.>
Dividends are nice to receive = monetizing method. When I bought, I imagined that I would never sell the shares. Possibly that might change, but I hope not. Good companies go for over a century and even with some modern medical marvels, that'll probably see me out.
QCOM allocation is 100% of non-cash investments [other than an investment in RoamAD which I have decided should not be included in my expectations for grocery supplies, and ESD, which was a minor investment to dispose of some cash which accidentally ended up sloshing around in an account in the USA]. USD hanging around as cash with a local NZ bank is a small [circa 10%] proportion, waiting for a share market retrenchment, or some good idea to spend it on. Plus we have a house to live in, which, should push come to shove and crunch to crash to catastrophe should be a good thing to have.
QCOM buy was 1994 at a low level. House buy was Y2K at a lower-than-now level, using then-cheap USD. USD were acquired from QCOM sales at around US$65 about 3 years ago when I decided I should clear the decks a little, in case there really was some action [as per Jay Chen shroud waving], and in preparation for some spectrum auctions in NZ.
I don't have a sell point for any of them, but could be tempted I suppose if people go stupid. I prefer them to not go stupid.
Do you think I have excessively diversified our investments?
Mqurice
PS: Globalstar and Global Crossing investments were silly ideas from the past [long gone from monthly reports]. |
