devonplay
06 Jul 2017
Re: Other thoughts After my fabulous last year this first 6 months has been uneventful. Dividends included I've gone precisely nowhere - a total 0%. Most of people them, I'm living on some of it.Since my last comment I have done a little bit of shopping. Buying HICL, IUKP, a little RUSP. Any small amounts of cash I've got left in my trading account at the end of the month gets pushed into our ISA's, spent or I just push it into IUKP. One of those £1.50 plans. I've been doing that for years. I quite like the idea of buying diversified propert for a couple of 100 quid. I've been watching LLOY closely. I'm planning to add if we get below 62p.I'm most likely to take my Rights up with BNCI don't even have much of a watch list at the moment; LLOY, FPEO, 3IN and the new HWDN.I'm a big admirer of HWDN, but I'm no way tempted at the moment, but an opportunity as consumer spending gets squeezed. Maybe? I'm still holding all my "Great Recession" ETF's and VCT's, and that's be where I'll be if we get a correction.So what to do with cash? I've just set up a monthly plan to buy ISF & IUKD on one of those £1.50 per line deals. On the basis that my fund pot will run dry in about 8 years time. So, as you see I'm not rushing. Hoping averaging will serve me well.It's still a little uncomfortable sitting in cash. I haven't really done that since before '09. It doesn't feel right, but I'm sure it's a good place to be. Cash feels like King and being opportunistic is the order of a he day.Let's hope August, thin trade, a little bad news might throw up a few bargains. And IVO.,I'm down some 17% on my opening position. That doesn't concern me. I never go in with both feet, but I still feel it's worth considering. Certainly not one for income seekers or those widows and orphans, but I still feel every portfolio should have a risk play in it - and I like this way of playing it. DL
Greyinvestor
05 Jul 2017
Divi increase I did, of course, mean a 3.9% increase.......the yield is somewhere around 5.65%......
Greyinvestor
05 Jul 2017
New quarterly divi New quarterly divi is 5.3p not 5.1p; a well judged 3.9%. Keep it up Henderson, now Janus Henderson.........
Greyinvestor
18 Jun 2017
Re: Other thoughts My thoughts are in lin with yours. I just spent a week in Cornwall, and never gave the market a second thought.In my view the UK is looking incredibly shaky, I prefer S E Asia and Emerging markets, despite the huge Chinese debt bubble.My only recent purchases are LLOY and AEWL.My pension is lagging hugely, with a 5% uplift this year, because I have about 60% in cash. I will only invest in stuff that feels like sensible value. My ordinary shares, fully invested, are up a silly 12% this year, largely due to currency movements, I think.I hate times like this, but I am, as always, risk averse. Some stocks are insanely overvalued and at some point the S&P will drag everything down.I'm still trying to sell a central London flat. I can't come too soon. Cash is kingI have no ETFs. In my view they follow the market up - and down. But I'll happily buy a ton of them at the bottom.
devonplay
15 Jun 2017
Re: Other thoughts Well, Mr Grey. I have the largets cash holding since....ever.My watch ticker has now been re-focused back to ETF's, so I suppose that's my acceptance of more trouble ahead. I always buy them and VCT's at times like this.I'm starting to hope some value might open up in IUKD, VCT's and a panic day on the FTSE 100.My buy2-let is on hold, just before we "exchange". That has a headline 4% yield, but I'm letting them sweat, as I get frustrated, over that lack of any direction.Being so exposed to EM has been a good strategy, and will be I think for the time being, but I havent yet seen value appearing in the domestic market, well not enough to tempt me.Very frustrating indeed.I did pick up a small amout of RUSP last week, nothing special, just clearing a bit of cash out in an ISA I havent yet consolidated with my main account. Otherwise, nearly 2 months since I made any purchases at all. Just sells.DL
Greyinvestor
13 May 2017
Re: Other thoughts Well done on the start ups.Having been burned many years ago on a bunch of crooked BES schemes, I've steered clear of early stage stuff. I'm probably totally wrong though, VCTs seem to have done pretty well.My major early stage investor is APAX. The usual juicy yield......I've got 65% cash in our SIPPs just now. I'm hurting, but nothing is good value. My conservatism is a bit of a burden sometimes. I do like a sound balance sheet.I've got IGC, NAS and FAS on my watch list. So emerging or small stuff. I also really like the look of the new Jupiter Emerging and Frontier Investment Income Trust (or something like that). Due to float any day. I'm dithering, as usual, because of the risk of a falling S&P hitting everything. The Donald could sink anything. But I'd bet that the Jupiter Trust is a good 'un.NRR reporting this week, but a bit expensive. Henry Boot looks OK, I think.Good luck with your various thoughts......
devonplay
13 May 2017
Re: Other thoughts I'm experience a short term cash flow issue Grey, so my monies been off the table.But, it doesn't look a bad idea. Prospective capital gain & yield.My cash is on the sideline for the house purchase and Pre-emption rights in startups I've invested in. It's quite remarkable investing in the seed sector. This last one is 600% up in 12 months.Normal service will return soon. I remain interested in UK property theirs some bargains to had in listed stock otherwise EM still attracts me. IVO.L won't appeal, but it's on my list. I have to admit, I'd be scratching my head where to put my dividend income; possibly finance and banks.So yeah, Lloyds looks sensible, STAN if you are willling to take a big risk. I recently added a little bit of RUS.LOtherwise, I might start making cash for the possibility of a shock - I'm not convinced about the possible strengthening of Sterling, so overseas earning remain important, on that basis I might even just divide my incoming money between FTSE 100 and Premium Bonds. Cover both basis. Now that's a sign of someone who thinks the market picking stocks is tough, but has time still, a ltllte bit, on his side.DL
Greyinvestor
12 May 2017
Re: Other thoughts In case you see this devon, I just bought into LLOY of all things. Couldn't resist the prospective divis.......
deepsleeves
26 Apr 2017
Re: Other thoughts Myself I am mostly in direct investment. VOD HSBA RDSB HICL GSK SSE NG IMB and DLG.Average yield is 5% plus and funds my lifestyle,Deep
He who cannot be named
26 Apr 2017
Re: Other thoughts Except that of course he does not get any from BH.Do agree with you on the dividends, though, just do very little, let them build up, and every three months or so decide what gets bought.. Currently I have been building up in increments to a half holding in Invesco Smaller Companies (Did not have a smaller companies IT) , but as yield has slipped back to 2.9%, and 3% tends to be my bottom cut of point, ,not sure come May/June if it will be this or something else.Currently IT holdings- Aberdeen Asian, Blackrock World Mine, Fidelity China Spec Sit, Hend Far East, Murray Int, North American Income, Scot American ,S/Life Prop Inc and Utilico Emerge Mkts, Plus single shares-Astra/BAE/Glaxo/HSBC/Imp/L&G/ShellBlended yield 4.32% ( based on YE 5.4.17, why does everyone not work to tax year re performance?)Re performance I think 10% overall is a bit of a push, I am happy with a target of 7-8% total return; year to 5.4.17 was a freak
deepsleeves
25 Apr 2017
Re: Other thoughts Seems to me that chasing multi-baggers and or capital gains is a mugs game.Returns on stock investments long term come predominately from dividends.Happy to follow Warren and take the diviDeep
devonplay
25 Apr 2017
Re: Other thoughts The new one will give me about 4%.The others are around 13% - I've owned them along time. (on the original buy cost)It's and odd thing the b2l market.In a srange way I'm averaging up, so when i do come to sell them I'll have a way of managing the tax implications, selling them in reverse order! Newest first.For me this really about diversifying, I'm nearly always fully invested and listed equities now represent the majority of my wealth. Most of the new house I've bought bought out of my Brexit and Trump profts. I just wanted to have something more, well, brick and mortar'sh.DL
Greyinvestor
25 Apr 2017
Other thoughts Good for you on buy2let. I'm dumping my (accidental) flat let; the yield works out at a miserly 2.5% !If you like a bit of risk, you might like FAS, NAS, IGC or BPM. I'm still kicking myself for dithering for years over BPM. I may yet buy some. I think it's an undiscovered gem, except that the brains of the business is getting old. Not always a bad thing. My argument is that you should try to buy uncorrelated stuff, in case of a big fall.Our SIPPs are up only 4% so far this year, because they are 60% cash. My fault.My ordinary stuff, where I spend all the divis, is up a staggering 9% already, because it is fully invested.I subscribe to Stockopedia. It's very good, but I haven't found a single investment that I like this year. Last year I lost a good bit on some investments that the stock filter 'suggested', but made them all up, and more, on a decent sized stake that tripled. Phew!
devonplay
25 Apr 2017
Re: Devon Good advice about not worrying Grey.I'm in the process of buying another bu2let. Not a massive yield or even a good time, but I need to diversify.I'm still holdings SRE, PEY. RGL I've got reasonable gains in the first 2 and I'm a few percent Up on RGL.After last years sterling result - pun intended - I'm just looking for an overall return this year of 10%Div's reinvested. I'm sure that's achievable.I know there lots of volatility about, but I'm quietly confident, 6% cap, 4% yield.I'm back to the environment I like, investing monthly income. Over the years I've found just going through tmy underperforming stocks and reinvesting income works for me. It's whyI hold a fairly high number of positions. That and buying IWRD, IUKD and SP500 when the wheels come off!Hansteens been blistering! I did OK on Murray, but not as well as you I suspect. I'll look at the others you mentioned. You still using SharePad? Not one for you I suspect, but I'm going to look at Polar Tech Trust. I've got some margin as I'm 160% up, no yield, but I'm stuart to think US big tech is started to look fair value.I need to work through that....just a feeling. We've got lost of M&A going which I think is more about the lack of growth in a low GDP world so growth at fair value might not be a bad theme for the yearHappy gardening,I also like FPEO btw. I bought my holding during the financial crisis, alongside secondhand VCT's. I've started buying small chunks of IVO as I move away from EIS and SEIS positions. That may change as the rent comes online from the new b2l.Devon
Greyinvestor
25 Apr 2017
Devon Sorry Devon, one other thing. I looked at RGL a few times, but couldn't settle on it because they seem to pay out more than they get in. PEY still looks good but priced in the wrong currency. SRE now in sterling but a bit expensive.
