Hard Drives in the Sky!

Members present: Brian, Bickford, Yousef

So we were talking online storage, and Bickford brought up Box.com, a rival to Dropbox. Apparently, you can upgrade from the free 5GB of space to 50GB of cloud storage simply by logging on with an HP touchpad. But you say, I don't have one of those? Just find someone who does (like Bickford). Congratulations, you have some more online storage, but why should anyone in a finance club care about that? It seems like if one is intrepid, one can get in on various free online storage deals. Haven't paid for a dropbox, or a google drive, or now a box account. The internets wants to give you stuff to try it out, in the hopes that you won't be a cheap bastard and just stop at the free level. It beats clipping coupons. Yay free!

EWZ: continues to tank. 

AT&T: Looking good.  

SPY: Up is good. 

So what is the next buy?

New Zealand. There is a NZ ETF:

ENZL Top Ten Holdings

1. Telecom Corporation of New Zealand Ltd (TEL): 15.78%
2. Fletcher Building Ltd. (FBU): 15.34%
3. Auckland International Airport Limited (AIA): 6.43%
4. Sky City Entertainment Group Limited (SKC): 6.27%
5. Chorus Ltd Common Stock Npv: 5.02%
6. Contact Energy Limited (CEN): 4.62%
7. Fisher & Paykel Healthcare Corporation Limited (FPH): 4.50%
8. Sky Network Television Limited (SKT): 4.17%
9. Ryman Healthcare Limited (RYM): 3.90%
10. Goodman Property Trust (GMT): 3.85%

 The small slice in financials is nice. It is a new fund (2010), but it might be a nice place to store some cash. This article in seeking alpha says some nice things.

And here's a chart:

And finally, here is a listing of our proposed portfolio by holdings (by sector).

Profit!