Hatch

Hatch Investor Profile Series: Penny is focussed on gymnastics and securing a strong financial future for her family through Hatch.

Wellington raised Penny Hogg runs an investment operations team, setting strategy and structure for the fund administration of financial products.

A bit about me

I’ve been married for 13 years, and we have two girls, aged 10 and 6 - they keep us very busy with activities on every day of the week! On the weekends, when I’m not judging gymnastics competitions and socialising with my friends, I’m avidly planning my next holiday. Where to go next...so many options!

I admire a lot of people but my admiration for people changes, depending on what’s going on in my life and theirs. At the moment, I’m in awe of how one of my best friends is dealing with a separation. She has been amazingly strong – I’m just so proud of her.

I’m a very goal focussed person, and the goal that I have for myself that I plan to accomplish over the next 1 2 months is to become a senior NZ accredited gymnastics judge. Gymnastics has been one of my greatest passions for so long. I really would see this as the apex of my career in this sport.

Why I chose to invest with Hatch

I signed up to Hatch for a few reasons. One, I wanted to diversify my investment portfolio. Secondly, I want to secure a strong financial future for my family. Lastly, I wanted to have a bit of fun in the US share markets, and learn more about investment analysis by actually doing it myself.

I’m investing in stocks I see have valid product approvals and revenues, which I think is a pretty solid strategy. I’m also looking at whether internal shareholders are selling out of or buying into the company. I’m learning as I go, so I’m also taking some punts on themes, like solar and electric producer companies. 

Nevro (NVRO) has been my top performer. I chose to invest because I believed in their nerve stimulation product after having read that they’d had real success in their trials. My pharmaceutical investments also have done well, like Pieris Pharmaceuticals (PIRS) and Medtronic (MDT). I did a lot of research before investing in Baxter International (BAX), and it’s done surprisingly well. Some of my more risky investments have been Ardelyx (ARDX), and Ideanomics (IDEX). I’ve also got some gold, which is performing pretty neutrally currently, which I guess could be worse. My biggest loser at the moment is Mallinckrodt (MNK).

My portfolio isn’t doing all that well at the moment given the state of the markets, but I’m committed to the long game and can see value in the companies I've Invested in. I think people get too spooked when they see a drop in their portfolio and like to get out, but for me that’s where I see value in getting in!

My investing tip

I’m just starting in choosing investments myself, so I’m no expert. But if you haven’t signed up to Hatch yet, do it. Start a watchlist and go from there. One of my big tips is to look for inside buying or selling of shares from shareholders who work within a company. This can often tell you a lot about the current environment and sentiment within a company.

What is Hatch?

With Hatch, you can buy and sell shares in over 2,900 companies & 500 exchange-traded funds, all listed on the US share markets. Invest dollar amounts to buy as much or as little of a company or ETF as you like, even if it’s a fraction of a share. See how it works

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