OK, a few people have asked me what’s happening with my monthly updates for ‘Johnny’s Real-Life Acquirers Multiple Portfolio’ (AM Portfolio).
For those of you that are unaware, I constructed my own AM Portfolio, using my own savings, here at The Acquirer’s Multiple starting in December of 2015. You can read all about it here:
The reason I haven’t sent an update lately is that I’m currently based in Melbourne, Australia, where I’m in the process of setting up my own Self Managed Super Fund (SMSF). A SMSF is a type of superannuation scheme where I as trustee have full control over the investments within my SMSF, hence the name ‘self managed’.
Those investments are clearly intended to be in US stocks taken right from screens here at The Acquirer’s Multiple.
My intention is the ramp things up a bit in my AM Portfolio. Instead of buying two shares each month for around AUD$300 (USD$224) each, I’m going to be buying two shares each month for around AUD$3,000 ($2,240) each. At the end of 12 months, I should have around US$54,000 (US$2,240 x 24 stocks) invested in my AM Portfolio, and you can watch the results each month right here.
This is no longer an experiment, this is my long term investing strategy for my own retirement savings. BTW, I’m 54 years old this year. You can check me out in The About section here at The Acquirer’s Multiple, where I’m a financial analyst. My photo is right below the one of the very good looking and much younger Tobias Carlisle, founder of this website.
As with all things beuracratic, it takes time to set up my SMSF, organise bank accounts, rollover from the existing funds etc. But, as soon as I have done all that, which I’m told will be in the next month, I’ll be back to my ‘Real-Life AM Portfolio’ with more money to invest this time.
By the way, if you’re considering setting up your own Acquirer’s Multiple portfolio and you have some questions on how to go about it, or any questions in general about the AM investment strategy, then add it in a comment at the bottom of this article, so readers can see your question.
I should remind you that I’m not a financial planning expert, I’m just an individual investor like you, who created his own Acquirer’s Multiple Portfolio using the screens right here.
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