Moomin Valley

Personal Finance, Investing, and Economics

Monday, April 25, 2022

Two New Investments

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 I invested in another painting at Masterworks, No Hopeless by Yoshitomo Nara: This takes my investment back up to 12 paintings again, give...
Wednesday, April 06, 2022

Unpopular Ventures

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We have invested in a rolling fund – Unpopular Ventures – on the AngelList platform. We invested in Moominmama's name (because she is ...
Tuesday, April 05, 2022

New Trade: Pendal

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I bought a position in Pendal (PDL.AX). Yesterday, they announced that they got a takeover offer from Perpetual (PPT.AX) for the equivalent ...
Monday, April 04, 2022

Domacom Appoints New Chairman and CEO

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Good news at Domacom (DCL.AX). They announced today that they have appointed John Hewson as chairman and John Elkovich as the new CEO. He...
Saturday, April 02, 2022

March 2022

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World markets rebounded with the MSCI World Index (USD gross) rising by 2.22%, the S&P 500 by 3.71%, and the ASX 200 rising by 7.10%. Al...
Thursday, March 31, 2022

Related-Party Asset

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I have been trying to invest in a fund on the AngelList venture capital platform. But my SMSF administrator flagged that there might be issu...
3 comments:
Tuesday, March 29, 2022

Still Trying to Transfer Shares

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So, I have been trying to transfer our holdings of listed investment trusts from our SMSF's Interactive Brokers account to a new account...
Monday, March 28, 2022

Another Sale and a Failed Auction

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Following the recent record gain on a townhouse , a freestanding house sold in our development last Thursday but the price hasn't been d...

URF Selling Property Portfolio

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The U.S. Masters Residential Property Fund (URF.AX) announced they are selling their property portfolio at a discount. As a result, they wil...
Saturday, March 12, 2022

New Record Gain for our Development

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 This townhouse sold for AUD 835k: That is a 101% gain on its original 2008 sale price, the largest gain to date in our development. This i...
Wednesday, March 02, 2022

February 2022 Report

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World markets fell but the Australian market rose with the MSCI World Index (USD gross) falling by 2.55%, the S&P 500 by 2.99%, and the ...
2 comments:
Thursday, February 24, 2022

Good and Bad News: Masterworks Sells Doppelbild by Oehlen and Domacom Goes to Court with AustAgri

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  It's one of the paintings I invested in. The price uplift is 43%. They are claiming a 33% IRR after fees. My original investment was ...
Friday, February 18, 2022

Annual Report 2021: Contributions of Individual Investments

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I think all investment valuations for 2021 are now in. So, as I promised here is the profit or loss on each individual investment. We didn...
Tuesday, February 15, 2022

New Investment: WAM Leaders

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I bought some shares of WAM Leaders (WLE.AX) in our SMSF. The position is only 0.16% of the total portfolio so far but I will likely add to ...
Thursday, February 03, 2022

January 2022 Report

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Stock marke ts fell, with the MSCI World Index (USD gross) falling by 4.89%, the S&P 500 by 5.17%, and the ASX 200 by 5.80%. All these a...

Update on TIAA Real Estate Fund

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Back in May , I predicted that the TIAA Real Estate Fund would perform well and shifted almost all my US retirement account into it. Well, i...

How Has Our SMSF Done So Far?

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  We have been fully invested in the SMSF for 9 months now. It's more volatile than PSSAP – Moominmama's employer super fund and abo...
Monday, January 24, 2022

How is Our Portfolio Holding Up in the Downturn?

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Looks like this will be our first down month since March 2020. At this point, we are roughly down 1.75% in AUD terms and 2.95% in USD terms ...
Monday, January 17, 2022

Australian Unity Merger Terminated

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Australian Unity Office Fund (AOF.AX) announced that the merger with the Australian Unity Diversified Fund has been cancelled. It's od...
Saturday, January 08, 2022

Annual Report 2021

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Overview  The biggest development this year at Moomin Valley is that we set up the SMSF . We also finished investing the money we inherit...
1 comment:
Tuesday, January 04, 2022

December 2021 Report

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  Stock markets performed very strongly, with the MSCI World Index rising by 4.03%, the S&P 500 by 4.48%, and the ASX 200 by 3.15%. Al...
Monday, December 06, 2021

Australian Unity Merger Deferred

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  Australian Office Fund (AOF.AX) announces that the merger meeting is delayed till at least February because some large shareholders gave ...
Thursday, December 02, 2021

November 2021 Report

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The MSCI World Index fell by 2.38%, the S&P 500 by 0.69%, and the ASX 200 by 0.37%. All these are total returns including dividends. The...
Friday, November 26, 2021

Defined Benefit vs. Defined Contribution Update

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Each time I was given the choice to be in a defined benefit scheme or a defined contribution superannuation scheme, I chose defined contribu...
Wednesday, November 24, 2021

Save, Inherit, and Invest

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I love reading the Millionaire Interviews at the Earn, Save, and Invest Blog. One of the questions they get asked is "What would you s...
Friday, November 19, 2021

Cadence Opportunities Starts Trading

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I had decided not to buy more shares in the Cadence Opportunities (CDO.AX) IPO. But the stock closed at AUD 3.00 on the first day, up from ...
Tuesday, November 16, 2021

Ruffer Investment Company Rights Issue

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Ruffer Investment Company (RICA.L) launches a 1 for 4 rights issue at NAV . The stock has been trading for a small premium. This isn't v...
Monday, November 15, 2021

Update on Australian Office Fund / Australian Unity Diversified Property Fund Merger

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I have been planning to vote no on this merger for a number of reasons. The explanatory booklet for the merger has been released to the AS...

Auction in Our Development

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  After a few recent sales in the neighboring development , finally two houses were listed in ours. One was auctioned on Saturday. I went to...
Sunday, November 07, 2021

Changing Target Asset Allocation Again

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 I still think it is useful to have one... Reducing the bond allocation and moving it to the equity allocation including hedge funds.
Thursday, November 04, 2021

Headhunter

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I was contacted by a head hunter today for a senior government position on the borderlines of research and policy. Normally headhunters appr...
2 comments:
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mOOm
I'm an economist and an active investor and currently live in Australia. I'm a global investor though I focus on investments in the Anglophone world and particularly in Australia. This blog tracks investment performance and discusses personal finance, investing, and trading from an economic perspective. In the picture, Moomin is looking for treasure.
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