Is Brexit the end of the world?

10 Year Chart All Ords ASX

The end of the financial year has been and gone, so time for a review.
Brexit is happening, and could spread to other countries in the area, the  EU could fall apart over the next 2 or 3 years, who knows.

Pauline Hanson has made a comeback!

Donald Trump could end up in the white house?

So plenty to worry about.

But good companies still make profits, and pay dividends.
So probably more of the same going forward, more of a stock pickers market, so just need to focus on companies with no debt and good cash flows.

looking at the good the bad and the ugly decisions I have made in stock purchases, some have disappointed some have come good and some are where they were 18 months ago.
The same as the market, see the table below.

Since starting the performance page, I have logged the stock price at purchase against the ASX index on the day of purchase and averaged out, I was amazed exactly 0 % gain for the index. and over 10 years, we are about where we started!

My portfolio performance averaging  a 54 % gain for the same period. throw in a few dividends I haven't included, and not bad at all!
So im pretty happy with that, all be it heavily dependent on the gold stocks that excelled.

Sitting on some cash after downsizing, i think its a great time to buy some more.

Not a big fan of gold but will keep as insurance, interesting the market has finally woken up to IGOs Gold deposits, so finally getting over the pain!!

I still like the internet stocks, REA and CAR have done well, but its an area that's difficult to pick winners.

Doing some research on ETFs to get exposure to google and apple, like the UMAX.AX
looks good with over 6 % dividend.

So in 18 months we have had a lot thrown at us, with plenty more to come in the next 18 months, so what do you do?
I don't think there's much point in waiting for things to be perfect.
Good stocks will still do very well, bad stocks will under perform.
Just a matter of working through the rubbish, and moving on.