Skip to Content
scroll

Not a question – a big thanks

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

The Latest Q&A

Question asked

Not a question – a big thanks

A very big appreciation for your response to my question on investing in Korea (IKO). I admire your dedication and research responses to subscribers/investors. I agree with your analysis completely. Like another query, even from these early days for me, I look forward to being with you for many years. I work very hard at this lonely journey of being an SMSF investor, as I have not found another person with the same focus as I. That's life! As Qiao Ma at Munro Partners said that she encouraged investors to "do your homework". She is very sharp. Fortunately I have always loved homework, and I still do lots - 3-4 hours a night or more. It does not mean we are multi-millionaires as I make mistakes as everyone does. But IKO was recommended by my spreadsheets! Just so happens I have sharply reduced our IKO holding from 53% to 8% and moved more into Japan (HJPN) and cash, awaiting for my next bright idea! The rapid rise in IKO was getting scary, as it was based on? Another announcement from Jensen Huang (NVIDIA)? Many, many, thanks for your help in this journey in my retirement.

Answer

Hi Bill,

Much appreciated, we are lucky that we love what we do, James, Shawn & the MM Team.

  • You may be onto something following Nvidia’s negative reaction to this week’s earnings and update – the stock reversed down to close -5.5% on Thursday night although one day doesn’t make a summer.

Good luck with the switch!

chart
image description
iShares Soth Korea ETF (IKO) v BetaShares Hedged Japan ETF (HJPN)
image description

Relevant suggested news and content from the site

Back to top