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Savings and Investments thread
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Fair play for calling it right. So far. Out of interest, what date are you comparing your SIPP to? The end of January (when Covid still hadn't really hit) or the end of February (when markets had fallen sharply)?golfaddick said:
Think I'll stay well clear thanks. If it's not in a standard fund managers remit then that's good enough for me.Rothko said:Crypto investments up about 20%, huge risk, but with decent upsides!
Came ion to say that as from yesterday (1st June) my SIPP is higher than it was pre-Covid.
Crisis.......what crisis ?
But this rise in the markets is all bonkers to me. Just today I have seen one of the most amazing statistics I have ever seen - more than a quarter of all workers (8.7 million) are now on furlough leave. That means that one-in-four of Britain's 33.1m workers are having their salary paid by the state at the moment. Incredible. And you have to ask how many of these people are going to find they don’t have a job to go back to? Unemployment at 10% anyone?
And over the water, as America's cities burn and their unemployment rates rise to dangerous levels from a societal point of view, still the Dow carries on rising. How?
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FTSE 100 is still @15% down on it's February high.0
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Just looked back at my 13th March share tip's......
1. Go-Ahead Group - 1,016 now 1,115 - up 9.75%
2. BAT 2,678 now 3,201 - up 19.5%
3. Lloyds Bank 37.89 now 31.92 - down 15.76%
4. PMO (if they drop back to sub 15p, risky though) 16.01 now 30.57 - up 90.9%
5. Tullow Oil (if you wish to potentially lose everything or double your money) 10.92 now 24.58 - up 125%
6. Greggs (everyone loves a sausage roll) 1,660 now 1,826 - up 10%
So 5 out of 6 not bad.....8 -
Any more tips?Rob7Lee said:Just looked back at my 13th March share tip's......
1. Go-Ahead Group - 1,016 now 1,115 - up 9.75%
2. BAT 2,678 now 3,201 - up 19.5%
3. Lloyds Bank 37.89 now 31.92 - down 15.76%
4. PMO (if they drop back to sub 15p, risky though) 16.01 now 30.57 - up 90.9%
5. Tullow Oil (if you wish to potentially lose everything or double your money) 10.92 now 24.58 - up 125%
6. Greggs (everyone loves a sausage roll) 1,660 now 1,826 - up 10%
So 5 out of 6 not bad.....
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I'm measuring my Sipp to mid Feb when it reached it's all time high. It had now surpassed that. To put it in context, it is up 18% since Dec 31st 2018. The markets fell in late 2018 due to the US/China trade war & worries over Brexit. Rose again in early 2019 when the Fed indicated that they were not going to raise interest rates.Fortune 82nd Minute said:
Fair play for calling it right. So far. Out of interest, what date are you comparing your SIPP to? The end of January (when Covid still hadn't really hit) or the end of February (when markets had fallen sharply)?golfaddick said:
Think I'll stay well clear thanks. If it's not in a standard fund managers remit then that's good enough for me.Rothko said:Crypto investments up about 20%, huge risk, but with decent upsides!
Came ion to say that as from yesterday (1st June) my SIPP is higher than it was pre-Covid.
Crisis.......what crisis ?
But this rise in the markets is all bonkers to me. Just today I have seen one of the most amazing statistics I have ever seen - more than a quarter of all workers (8.7 million) are now on furlough leave. That means that one-in-four of Britain's 33.1m workers are having their salary paid by the state at the moment. Incredible. And you have to ask how many of these people are going to find they don’t have a job to go back to? Unemployment at 10% anyone?
And over the water, as America's cities burn and their unemployment rates rise to dangerous levels from a societal point of view, still the Dow carries on rising. How?
As you say, its bonkers that the value of my SIPP has seemingly been unaffected with the news of 8m people sitting at home with no real spending in the economy and America at war with itself.
However, some of that is due to the funds I have in there. The best US equity fund, the best Strategic Bond fund, one of the best global equity funds, an Absolute Return fund for hedging purposes & 3 other funds that are top decile.1 -
I know, which is why I've been increasing my exposure to UK equities. They were undervalued 4 months ago (according to some fund managers) so investing now hoping to get some growth when things start to get back to normal.Covered End said:FTSE 100 is still @15% down on it's February high.
FWIW. I had a client who wanted to take advantage to the falls in late March. Invested into an ISA on 2nd April & again on the 8th. I recommended a couple of multi-asset funds as a starter. His £40k investment is now worth £47k. Not bad in 2 months.1 -
Mines getting there, still a bit down but much better then I’d expected.golfaddick said:
Think I'll stay well clear thanks. If it's not in a standard fund managers remit then that's good enough for me.Rothko said:Crypto investments up about 20%, huge risk, but with decent upsides!
Came ion to say that as from yesterday (1st June) my SIPP is higher than it was pre-Covid.
Crisis.......what crisis ?0 -
£25 for me this month. Better than nowt.
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@golfaddick Damn, I should have bet you on our respective SIPP performances, that would be more tense than the index forecast game. Mind you I have trouble getting total SIPP performance for time lengths of my choice, from the H-L platform. That isnt excusable.
It sounds like we have a similar portfolio, in which case I would just say again, you might be surprised if you are able to dig into your portfolio and see just how high a % of your total is taken up by a few Big Tech firms, even if you havent got a tech fund per se in there. I think they have been powering a lot of fund growth, and I worry they might fall sharply, after all some of them are basically advertising companies, and you know what happens to advertising in a recession.0 -
I was listening in to a webcast by JP Morgan last week as they go through a whole host of impressive charts. They drilled down the different US sectors (IT, Consumer, Healthcare, Manufacturing etc.) and, as you say, the returns from the big 3 or 4 Tech firms are outstanding.PragueAddick said:@golfaddick Damn, I should have bet you on our respective SIPP performances, that would be more tense than the index forecast game. Mind you I have trouble getting total SIPP performance for time lengths of my choice, from the H-L platform. That isnt excusable.
It sounds like we have a similar portfolio, in which case I would just say again, you might be surprised if you are able to dig into your portfolio and see just how high a % of your total is taken up by a few Big Tech firms, even if you havent got a tech fund per se in there. I think they have been powering a lot of fund growth, and I worry they might fall sharply, after all some of them are basically advertising companies, and you know what happens to advertising in a recession.0 -
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Lloyds have come back a little today.Fortune 82nd Minute said:
Any more tips?Rob7Lee said:Just looked back at my 13th March share tip's......
1. Go-Ahead Group - 1,016 now 1,115 - up 9.75%
2. BAT 2,678 now 3,201 - up 19.5%
3. Lloyds Bank 37.89 now 31.92 - down 15.76%
4. PMO (if they drop back to sub 15p, risky though) 16.01 now 30.57 - up 90.9%
5. Tullow Oil (if you wish to potentially lose everything or double your money) 10.92 now 24.58 - up 125%
6. Greggs (everyone loves a sausage roll) 1,660 now 1,826 - up 10%
So 5 out of 6 not bad.....
Right now i'm really not sure what individual shares i'd invest in. I can't fathom it right now. Maybe a small punt on Metro Bank, Think Go-Ahead are still worth buying at the current value. The bookies open again soon so maybe one of them......
Or maybe don't listen to me!0 -
15% up a bunch of Slack stock I brought via Freetrade a couple of weeks ago, finally opened their US fractional service up and opened up a load more stuff.0
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Baillie Gifford are on more than a roll. Their funds seems to be leading each sector I either have or am looking to buy. Their way of working must be more than slick for this to be possible.....would think the bubble will burst surely?1
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Maybe just good fund managers or the group have a certain way of thinking that is currently working - although the funds have been good performers over 3,5 and even 10 years.mendonca said:Baillie Gifford are on more than a roll. Their funds seems to be leading each sector I either have or am looking to buy. Their way of working must be more than slick for this to be possible.....would think the bubble will burst surely?
As an aside, as someone who daily looks & researches funds I am sometimes loathe to recommend too many funds from the same investment house in case a client thinks I am being paid or somehow coerced into using them. As it stands I have 3 BG funds in my SIPP & looking to add a couple more.2 -
I bought into their positive change fund 21st April, just checked and up 15%. Will have a look at a few others.golfaddick said:
Maybe just good fund managers or the group have a certain way of thinking that is currently working - although the funds have been good performers over 3,5 and even 10 years.mendonca said:Baillie Gifford are on more than a roll. Their funds seems to be leading each sector I either have or am looking to buy. Their way of working must be more than slick for this to be possible.....would think the bubble will burst surely?
As an aside, as someone who daily looks & researches funds I am sometimes loathe to recommend too many funds from the same investment house in case a client thinks I am being paid or somehow coerced into using them. As it stands I have 3 BG funds in my SIPP & looking to add a couple more.0 -
I notice Carnival PLC (Cruises) have gone up by 18% today (albeit from a low price). Wonder why?0
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FTSE now at 6468. @golfaddick will become quite impossible
Not knocking it, but a bit perplexed. How can I be back above the March crash, when the main indices are still about 15% off? It can't all be the Big Tech boys, although they are a big part of it. What else is out-performing, Golfie? any ideas?1 -
Thought it was all down to Apple, Alphabet, Facebook, Amazon and Microsoft, and if you stripped them out, it'll be a complete clusterf**k.PragueAddick said:FTSE now at 6468. @golfaddick will become quite impossible
Not knocking it, but a bit perplexed. How can I be back above the March crash, when the main indices are still about 15% off? It can't all be the Big Tech boys, although they are a big part of it. What else is out-performing, Golfie? any ideas?
What was it I heard, companies who trade in bits are fine, those in atoms are screwed.0 -
Didn't he say July or August though? His timing is well out ;-)PragueAddick said:FTSE now at 6468. @golfaddick will become quite impossible
Not knocking it, but a bit perplexed. How can I be back above the March crash, when the main indices are still about 15% off? It can't all be the Big Tech boys, although they are a big part of it. What else is out-performing, Golfie? any ideas?2 -
Well as I said previously at its Feb high my Share/Fund portfolio was at £170,000. I currently stand at £142,000, so your all doing well to be back where you started, or even in front.PragueAddick said:FTSE now at 6468. @golfaddick will become quite impossible
Not knocking it, but a bit perplexed. How can I be back above the March crash, when the main indices are still about 15% off? It can't all be the Big Tech boys, although they are a big part of it. What else is out-performing, Golfie? any ideas?Holding me back are my large drops on individual holdings in.
Lloyds Banking Group
HSBC
Standard Charter
BP
Shell
Easyjet
IAG
G4S
SSE
Centrica
Vodafone
Rank
Associated Brit Foods0 -
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Looking pretty strong ATMROTW said:Would you clever people consider the construction industry being a strong buy following the earlier announcement?
The UK homebuilders especially?Also looking at SIG PLC.
Strong balance sheet when cash in the bank has its advantages.0 -
Proof that you should be holding shares in a collective & not as individual shares. Looking at my clients portfolios most are now around where they were in Feb. A few are still lower than they were at the start of the year but no more than 3%-4%. Client rang me yesterday worried about a few of her investments. A recent statement showed her ISA at £109k when she had transferred £124k just 2 years ago. I gladly updated her with the fact it was now standing at £121k.....and she had been withdrawing £400 pm out of it since last year.RaplhMilne said:
Well as I said previously at its Feb high my Share/Fund portfolio was at £170,000. I currently stand at £142,000, so your all doing well to be back where you started, or even in front.PragueAddick said:FTSE now at 6468. @golfaddick will become quite impossible
Not knocking it, but a bit perplexed. How can I be back above the March crash, when the main indices are still about 15% off? It can't all be the Big Tech boys, although they are a big part of it. What else is out-performing, Golfie? any ideas?Holding me back are my large drops on individual holdings in.
Lloyds Banking Group
HSBC
Standard Charter
BP
Shell
Easyjet
IAG
G4S
SSE
Centrica
Vodafone
Rank
Associated Brit Foods
FTSE100 finished at 6484. All European markets up between 2%-3.5%. Dow currently up over 3% as well.
I'm not going to gloat as there is still 2 months until the final reckoning & there could be a 2nd wave or some other nasty news. I'm.hoping the FTSE can get close above 6500 & close to 7000 by August as I have clients in some Structured Products that mature then & I could do with going to see them with some double digit gains, considering they've been holding them for 5 years.0 -
I have to say I really have no idea. I leave that amount of detail to the fund managers. That's what we all pay them for......and why I don't usually advise a tracker /passive fundPragueAddick said:FTSE now at 6468. @golfaddick will become quite impossible
Not knocking it, but a bit perplexed. How can I be back above the March crash, when the main indices are still about 15% off? It can't all be the Big Tech boys, although they are a big part of it. What else is out-performing, Golfie? any ideas?
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https://www.ft.com/content/e1e1c3ef-1849-46bc-a472-2af8c0aabe5b
https://seekingalpha.com/article/4352015-hedge-funds-brace-for-second-stock-market-plunge
Both interesting reads. Should note they were published before today's surprising US job data, but that wont be enough to change the sentiment of those commenting.0 -
Gold? Some of the bonds are doing well.PragueAddick said:FTSE now at 6468. @golfaddick will become quite impossible
Not knocking it, but a bit perplexed. How can I be back above the March crash, when the main indices are still about 15% off? It can't all be the Big Tech boys, although they are a big part of it. What else is out-performing, Golfie? any ideas?
Thats the danger of holding individual shares you may well outperform, you may well underperform against any given index, I really think you need to start slowly offloading them and reinvesting elsewhere.RaplhMilne said:
Well as I said previously at its Feb high my Share/Fund portfolio was at £170,000. I currently stand at £142,000, so your all doing well to be back where you started, or even in front.PragueAddick said:FTSE now at 6468. @golfaddick will become quite impossible
Not knocking it, but a bit perplexed. How can I be back above the March crash, when the main indices are still about 15% off? It can't all be the Big Tech boys, although they are a big part of it. What else is out-performing, Golfie? any ideas?Holding me back are my large drops on individual holdings in.
Lloyds Banking Group
HSBC
Standard Charter
BP
Shell
Easyjet
IAG
G4S
SSE
Centrica
Vodafone
Rank
Associated Brit Foods
How much have you got in each (%) and is this your complete holding or is this a small percentage of the overall? I often trade shares individually in my SIPP, but in reality i've never more than about 5% of the total in individual shares.0 -
If the FTSE gets back to 7000 by August gloat all you like!golfaddick said:
Proof that you should be holding shares in a collective & not as individual shares. Looking at my clients portfolios most are now around where they were in Feb. A few are still lower than they were at the start of the year but no more than 3%-4%. Client rang me yesterday worried about a few of her investments. A recent statement showed her ISA at £109k when she had transferred £124k just 2 years ago. I gladly updated her with the fact it was now standing at £121k.....and she had been withdrawing £400 pm out of it since last year.RaplhMilne said:
Well as I said previously at its Feb high my Share/Fund portfolio was at £170,000. I currently stand at £142,000, so your all doing well to be back where you started, or even in front.PragueAddick said:FTSE now at 6468. @golfaddick will become quite impossible
Not knocking it, but a bit perplexed. How can I be back above the March crash, when the main indices are still about 15% off? It can't all be the Big Tech boys, although they are a big part of it. What else is out-performing, Golfie? any ideas?Holding me back are my large drops on individual holdings in.
Lloyds Banking Group
HSBC
Standard Charter
BP
Shell
Easyjet
IAG
G4S
SSE
Centrica
Vodafone
Rank
Associated Brit Foods
FTSE100 finished at 6484. All European markets up between 2%-3.5%. Dow currently up over 3% as well.
I'm not going to gloat as there is still 2 months until the final reckoning & there could be a 2nd wave or some other nasty news. I'm.hoping the FTSE can get close above 6500 & close to 7000 by August as I have clients in some Structured Products that mature then & I could do with going to see them with some double digit gains, considering they've been holding them for 5 years.2 -
Markets had a great day but most of my funds in negative (eg Fundsmith equity)....I guess these are a reflection of yesterday?0
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Its takes at least an overnight valuation before you'll see any change in the value of your funds. Some even 2 days depending on where the funds are invested & the platform you are on.mendonca said:Markets had a great day but most of my funds in negative (eg Fundsmith equity)....I guess these are a reflection of yesterday?1 -
I use Trustnet to keep track of my non - SIPP stuff, and in the analytics section I played around with using different indices as a benchmark. Turns out that the source of my puzzlement may well be FTSE 100 itself, looks like it has been underperforming the rest of the world in coming back from its lows. My portfolio seemed to avoid the second dip, probably all the cautious Vanguard stuff, and from then on shows the same trajectory as FTSE World ex UK, albeit my portfolio's line has satisfying space between it and the index.0
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I don't generally measure portfolios against an index as most are well diversified it's hard to find one to track against.PragueAddick said:I use Trustnet to keep track of my non - SIPP stuff, and in the analytics section I played around with using different indices as a benchmark. Turns out that the source of my puzzlement may well be FTSE 100 itself, looks like it has been underperforming the rest of the world in coming back from its lows. My portfolio seemed to avoid the second dip, probably all the cautious Vanguard stuff, and from then on shows the same trajectory as FTSE World ex UK, albeit my portfolio's line has satisfying space between it and the index.
FWIW, for a medium risk portfolio I would normally have the following %
Equities
UK - 21%
US - 18%
Europe - 8%
Far East - 8%
Fixed Interest
Corporate Bonds - 25%
Gilts - 10%
Property - 10%
All the above are +/- 2%. A more Cautious portfolio would reduce equity content by 10% & an increase the same % into fixed interest.
Again, they are just a rough guide to start. Over the past 12-18 months I've been adding Absolute Return funds & Commodities.1
