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October 2007 Share Update and other stuff |
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Monday, 29 October 2007 |
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Another month has gone by and yet I can still see last months share update on the front page. That must mean I've been a bit slack updating this site lately. There has been a bit happening. Brad has had a Birthday (I've already mentioned that) and my Dad has one coming up. I borrowed E&B for the day on Thursday and we went to the Royal Hobart Show. It's been years since we last went but it didn't take long to be reminded why! The place is full of people munching on those disgusting dagwood dogs. They have to be the worse things known to man and just the sight of someone eating one makes my stomach turn. For you non Aussies the dagwood dog is a huge sausage like thing that doesn't have any sausage meat in it. No one knows exactly what is in them, but I think it has something to do with offal. They are wrapped in an inedible red skin that will stain your clothes if they touch it. I reckon the dye they use in the skin is the same stuff they use to paint roofs with. If that wasn't bad enough, they then batter the thing and plunge it into a vat of hot fat. It has a flat stick pushed up it's nether regions before it is covered in tomato sauce. You eat it with the stick pointing up at the sky so the sauce and grease and that other watery stuff that oozes out all runs down your arm. Disgusting! Despite this we still had a great time. We did a few rides, bought some show bags, found some real food, checked out the animals, watched David Foster (man mountain, legend and general good guy) win a national championship in the double handed saw and lots of other stuff. I parked in a Telstra car park nearby as I used to do years ago. It's a public holiday for the show, but the yard has traditionally been left open for staff to park there. When I got back I found the gate shut and a chain with a big padlock wrapped around it. I no longer have a key to that chain so panic started to creep in. Luckily the padlock wasn't actually locked and there were a few other private cars still in the car park so we were able to get out. As far as the shares go, this month has mainly been a consolidation with little movement up or down. I'm holding shares in seven companies. Four are making a profit and three aren't, but the three that aren't are dragging me down and preventing me from buying into more profitable companies. I will hang on and wait as this is a long term thing, but the time may eventually come where I have to cut my losses with these and move on.
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