The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Have been reading the last two comments with interest. Holding some cash is one of the investment strategies I struggle with. When cash becomes available through returns there is usually something I've already had my eye on to add, at a price I'm comfortable with - so I end up continuously all in. However it does mean I sometimes miss out on opportunities when they present themselves. Alternatively, in a rising market, cash sitting doing nothing can be a similar frustration, but more of regret from not buying various stocks sooner! So how do you win?! I don't know. And which is better? I don't know either, but my instinct is to try to hold maybe 5-10% in cash. But when that aforementioned opportunity arises I'd be back to "all in" anyway!!
Meanwhile, slightly stronger morning for RIO. I seem to spend quite a bit of time these days keeping an eye on iron ore prices.....
"I am content to ride the writhings of the market and be fully invested (am currently 0.8% in cash)"
I prefer slightly more stability, which is why I'm currently about 23% in cash. It's a lot but my wife and I are both retired and about 5 and 8 years from any state pension and I like have the option to buy when a good share, such as RIO, dips. I had promised myself that if it was down again this morning I would top up. But it's up at the moment!
FWIW, I have just returned from seeing my father and having a long chat with him to show off my new car. He was Head of Investment for a stockbroker firm back in the 1970's retired 20 years ago and is now in his early 90's - sharp as a tack and reluctant to grow old - he treated himself to a new car at the point when he no longer had to pay school fees. His was a Porsche 911. I treated myself at a financial milestone. My choice was a Mercedes E in AMG trim. It was a 400 mile round trip.
We touched on investment strategy for the future - the conversation was less than 3 minutes - AI in healthcare to identify cure for Parkinsons is my hunch - his is much more practical with drones and delivery of both weaponry and consumerism.
He , myself, my sister and brother have the same wealth manager for our portfolio - his "protege" when they worked together in the City. the same wealth manager looks after the small trust that I created in 2015 in anticipation of mitigating IHT despite not the recipient of any inheritance.
So, to answer your question on individual equities and funds/Investment Trusts - ATYM, SOLG, JLP and SLPL are (IMO) all in the same boat albeit with relative exposure that is commodity driven (we have family money from roots in Czarnikow in the 1920's) .
Stabbing in the dark now, I infer(and, of course, you do not need to reply) that through your focus in this sector you have a depth and breadth of knowledge that is extremely valuable to others. A sage who knows his onions.
For my own part, I am not a fan of any fund except as exposure to a sector or market. I prefer Investment Trusts which are closed end as a bargain can always be executed - might not like the price, of course. For my own part, I am content to ride the writhings of the market and be fully invested (am currently 0.8% in cash) as the up days outlast the down ones by a country mile. I tend to use aggregated holdings as exposure which I pick over the equities in which I wish to be invested.
No idea if my drivel as comment is beneficial to anyone, but when others provide thoughts to explore, it does alter long term focus as investors should constantly scan for tomorrows winners that can be bought today in their infancy.
Funds/trust...
I meant ...
Apart from those you already mentioned
Like TEM, PHI etc
Hi Alas
How are you
Great posts and absolutely 100% agreed with what you shared.
In addition I this certainly short terms the energy stocks like BP. are going to surge and certainly money to be made there even medium terms.
Apart from RIO which I am invested and trust they come good other little known miners such as ATYM, SOLG, JLP, SLPL shouldn't be discarded as precious metal will bound to go up so as the commodities including copper, Iron
I like to have your views on funds and if you have any favourites one to consider ? I like Fundsmith and baillie Gifford US growth , and positive one as a bottom draw to leave and not touch for good 5 years and invested in those already. But very much like to know your views on any others ? Or Trust funds,
Thanks very much
SR
Correction
I meant Green H2
And ..
Fuel cell taking over battery
Alas
Thanks for the very useful and informative post
I agree the green and especially greenhouses are gonna be the drive for the next 10 years
I also think feel so hes gonna take over battery in coming years but he needs more time to mature
AFC is really good choice I had a look at them before and I think that we pick up in coming months
As with Rio I truly believe this entry prices are truly unique and will appreciate cover the next 6 months
.... The future is undoubtledly going to get a whole lot greener so I have concentrated in accumulating shares in AFC Energy, Varta and for good measure shares in ASML, CRDA, Synthoma. Halma has been in my portfolio for years, as has Intertek, Ibstock, Legal and General, 3i, RWS and many others. The world will always need steel, coal, aluminium and copper so RIO will be strenthened as funds permit.
Probably all a bit higgledy piggledy but I am not planning on making any big changes for the next 6 months.
My predictions for 2022 is pretty much the same as 2021 because the world is re-opening for business and leisure. I am targeting growth in my portfolio to be 18.9% next year but it is likely to be very bumpy indeed.
Meandering thoughts as I plan for 2022 written at the point when the latest variant for Covid 19 dubbed Delta-plus is of concern in the UK. This is my review of my portfolio during 2021 - some projections were correct and many have not occured. Some were totally wrong. I had expected uplift this year of 14.94% and am on target to achieve 16.15%.
My predictions were based on emerging from a pandemic and re-adjust to more normal times. I predicted rollout of vaccine from June (pessimistic) and uptake of 90% for those aged 16+ by end of August through the temporary Nightingale hospitals. Mis-information and poor take up has scuppered efforts. I predicted the furlough relief scheme mwould not have been extended and cause a substantial rise in unemployment and many company insolvencies. Zombie companies have all the hallmarks of struggling through to the New year and then curling up their toes. This should benefit my shares in pawnbrokers and insolvency accountants.
I was hopelessly wrong with travel in expectation that through vaccine program domestic travel to Europe would benefit with a proper vaccine passport and rapid screening test at point of arrival from say TTG Electronics. Again, wrong for 2021, but expected to be much stronger in 2022. I'll continue to dribble cash into airlines and cruise industry. I've also strengthened my holdings in utilities in emerging markets (UEM) and bought shares in investment trusts concerned with India, the Pacific Rim and broad exposure to Asia. These include Asian total Return, IGC, AAIF, PHI and TEM. China is going to continue to be a powerhouse for another decade or more so made sense to hang onto holding in Jupiter China bought 9 years ago.
A big surprise was that there has not been resumption of elective surgery to clear the huge backlog would entail to the benefit of holdings in cleanliness. I have doubled up on my holding in Tristel and have maintained my interest in DRDR, Zoetis, illumina, Roche, Thermo Fisher, IShares IV Healthcare, Abcam and a few others. Elekta has been a disapointment. Of course, not all gloom and doom. IT remains in strength and well respresented for me with ATT (actually a 7 bagger), NVDA, ADBE and Polar Capital Global Technology. Consumer discretionary is starting to build (Aubrey, DS Smith etc) and in turn helps companies in the Fintech area such as Adyen, Mastercard, Boku, IShares V Financial Sector, Augmentum and CME. Staples stay in fashion of course - so that takes care of holdings in Nestle, Fevertree and oil runs the world so I have a few shares still with RDSB.
My shares in housebuilders have all been sold in favour ofinvestment trusts targetting smaller companies both UK and EU based - MINI, MTE and MTU along with various "Special Situations" ITs focussing on USA, Pacific Rim and South America. Inflation is of concern so I have T44 gilts........