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Posts: 130
Build an ideal portfolio
target 54 yo with £400k to invest
Target 25% income 75% growth
Posts: 1,227
Will…. You have neither disclosed your attitude to risk, timescale, geographic preference, sector weighting or a host of other information that a professional wealth manager would need. Fortunately, I am not a wealth manager, have no authority to give financial advice and, for the ourpose of answering, will only look at companies quoted on the UK exchanges.
The sectors that I believe are likely to do well are IT, healthcare, renewables and discretionary consumer. I’ll put together a few ideas later today for you, if that would help?
Posts: 1,227
Sectors where I expect growth:
IT
Healthcare
Consumer discretionary
Renewables
With the above in mind, consider Allianz Technology Trust and ISPY. The former gives international exposure to the IT sector and has rewarded shareholders many times over for the last decade. Whether we like it or not, spending on IT is going to increase as hardware becomes obsolete or unable to cope with the changing pace that technology brings. They also have exposure to AI with the likes of NVDA as holdings. ISPY is concerned only with cyber technology. Again, a growth area in focus at the moment. Neither pay a dividend. I am not a great fan of banks, but Financial Technology is in the ascendency - consider Augmentum as a holding.
For Healthcare you could do worse than look as Tristel. Share price has been hammered today, but a good entry point. They are in the business of antiseptic wipes and cleaning products to ensure patient safety. The sp will recover once elective surgery resumes. That will be on the cessation of the 3rd wave that has begun and probably consultant led initiative to clear the backlog. Another share to consider is HEAL.
For the consumer discretionary side of things, this is actually quite tricky. The growth in this sector has been led by the West and now these persons are middle aged and have large mortgages and big debts. Todays 22yr old wanting to spend money is riddled with student debt, therefore you really need to look outside the UK for growth - the countries that want this are South America, Africa, India etc. the company that specialise in such things are highly focussed - Aubrey, though trying to get shares is very difficult indeed.
While house building is going to be cyclical, consider Ibstock. After all, every house needs bricks!
For the renewables, Hydrogen is in vogue and AFC energy might be worth considering.
Don't dismiss the investment trusts that provide ballast - UEM, CGI and APF for instance. Exposure to international markets healthy dividends etc.
Recovery stocks can also provide important short term growth - I like travel, cardboard and to an extent oil - EZJ, SAGA, SMDS and RDSB are worth looking at from a recovery, growth and dividend perspective. If inflation is a worry, consider long term index linked gilts such as T44
Hope this starts to help. Let us know how you are getting on and if these ideas are of appeal.
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Pretty cool idea! I have been investing for a long time, but every time I discover more and more new things for myself, because this is such an area that is always developing. So thanks for the recommendations, maybe I'll try!
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I create a portfolio of pharmaceutical companies. It turns out a very interesting portfolio. During creation, I use templates https://masterbundles.com/templates/presentations/powerpoint/pharmaceutical/ A large selection of templates for every taste, it turns out interesting.
Posts: 1,227
Well… last year was grim. My portfolio contracted by around 22%, or in cash terms, 10 years average salary. I made NO changes, instead simply continued to do what I have always done and add cash each month to balance holdings at a max of 1.25% for each.
Sometimes there is a runaway success. For me, it is NVDA quoted on Nasdaq. I bought well and although want to add, feel it better to add to other winners such as adobe, microsoft, descartes and others.
Chucking cash at PROBABLE winners such ss RFX makes sense (to me) rather than trying to reduce losses.
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