Check your seatbelts folks, this could get bumpy.
Another sharp drop in the market last week has made the Punter give all his investments the hard stare, fearing there may be more falls to come.
His overall portfolio was down only $61 in the week, but this was mainly due to yet another strong performance by Andromeda Metals (ASX code ADN).
At the time of writing, Andromeda shares were suspended pending an announcement of additional letters of intent from potential buyers.
The Punter has already locked away good profits on this one, so he is happy to sit on the 75,000 shares he still has in this happy tiddler.
The price of just about everything else he holds has fallen.
After much stirring and staring at the teabag in his morning cuppa he has decided not to cut his losses and run - a decision he may regret.
The steady flow of millions in compulsory super savings, and the miserably low interest available on bonds or bank deposits may give the stock market a bit of support in some areas.
He has, however, amended his outstanding order for shares in Australian Vintage (AVG). The drop in the market took the price down almost to the point where his 46c order would automatically have been filled.
Given Brexiteer Boris Johnson's elevation to prime minister of Europe's grumpiest member state, the Punter has trimmed his buying price for AVG back to 41c.
Britain is Vintage's biggest overseas market - its McGuigan brand is the third largest wine brand in the UK.
Even at 41c, AVG would still be selling for around 15 times forecast earnings a share with a dividend yield of 3.67 per cent.
Treasury Wine Estates (TWE) currently sells for around 27 time earnings and yields 2.2pc. But TWE is not on the Punter's watchlist.
- The Punter has no financial qualifications and no links to the financial services industry. He owns shares in a number of companies featured in this column.