Trumpled (Alternative Leading)

[ElwoodBlues1]

Yep.  I missed FLT at 9.80.  Im not interested in it after it started to run, and I am staying away as their next couple of years will be turbulent and they are raising capital to stay solvent.

It could go pear shape, and its why I chose them as the example of just how much sentiment can flick on hopes and dreams, let alone stability and a certain future.

I am not interested in getting bags.  I poured roughly 20k into the asx since march as i recognised an opportunity, and I avoided consumer discretionary, info tech, and travel like the plague.

Where did I go heavy?  Oil, and financials.  Completely smashed for no reason, pay dividends representing ROI, and will get back eventually.

2 to 3 years tops and if I can triple my cash Im good. 

I bought some more banking stocks while they were cheap and also some Magellan.
Did invest in some  IT with Dicker Data which I owned already and had a nibble at some Sydney Airport which I preferred to picking a individual travel stock. Not a fan of cyclicals like Oil, Iron ore etc but did add to a few other positions like utilities, REITS while they were cheap. I'm looking more for reliable dividends than growth stocks these days...