JIN

I won't invest in illegal stocks and that decision is simple and easy to execute.

However, when it comes to moral/ethical investment, especially over harmful products, there is a huge gray area.  Is alcoholic drink harmful?  In moderation, within legal parameter, it is enjoyed by many without harm.  What about mining?  The modern society cannot survive without it, especially for energy.  But if alternatives are available like renewable, then I prefer them.  What about gambling?  Many enjoy a punt... legally and many are disciplined not to overspent on it although there are cases of compulsive gambling.

I bought JIN for its technological expertise and initially it proved to be a loser.  But it has risen a few folds over what I paid for.  And when it stumbled recently as a consequence of falls in NASDAQ, it too took a major dive.

If announcements are good and investors are behaving like lemmings, that is the best time to buy!  I did and will be buying more before it starts its accelerated (postulation based on CEO's presentation) climb again!

SYD

Was my father lucky or was he a smart investor?  Perhaps both.

He advocated stocks that give out good reliable dividends over a long period of time, to reflect profitability.  That in turns shows up good management and business model.  He did not believe in bank deposits as the interest is below the dividend yields; you might as well buy bank shares... which he did.

However, I always add one more item.  And that is sanctioned monopoly or any model very close to a monopoly which is legal, where competition is difficult for others to develop.

During the recent market turmoil, it is SYD that has stood firm.  It will be another 8 years before Badgery Creek Airport is functional. 

And during the financial institution Royal Commission, it is ASX that has stood firm.  While there is a competitor, it just could not make it during the last 10 years.

As I grow older, and risk taking becomes a less tenable option, and banks will be hammer post-Hayne, where else to park our savings?  Neither ASX nor SYD are cheap shares to buy for obvious reason!

HUB

When investors are dumping like lemmings, with no real bad news for particular stocks, that is when I love to top it up!

Today, I picked up HUB at $13.41, the most expensive that I have ever bought it for.  However, the price has come down a lot with the dumping of Aussie tech shares.