Member Info for CSDI1962

Thanks for the welcomes folks.
Interesting that none of you consider shorting. How would you cope if we have a repeat of the Financial Crash.
The hardest thing with shares is knowing when to sell.
Buying is the easy bit - just goes wrong too often LOL
If you want to view my p/f I put this on a thread a few days ago in the Gen Chat under heading of "CSDI Portfolio".
Must say first impressions in here of a fun and friendly chatroom, rather than some of the unnecessary blurb on lots of the share BBs.
Cheers - CSDI

Hello S-i-d-i, that is confusing for c-s-d-i- !!
The joys of working for myself allow me to be in office today as Mrs CSDI at work today, after her rough day yesterday. She was sick in the early hrs, but got just enuf sleep to cope with her job, where she comes home at lunch time to share a butty at the kitchen table with yours truly, and to have a cuppa. Handy she works locally. Saturday night is "Strictly and Take-away night" for us, usu followed by an hour of poker if the boys are at home and everyone fit to play. Can't be done if Liverpool or Man U playing, with me being a scouse red and my youngest being a Mancs red supporter. My eldest is a Red-scouser too and the two other boys not interested in footy. Mrs heads to bed before me on Saturdays as I love the old fashioned MOTD.
almost time for me to go and collect our take-away - normally Chinese or Indian, but tonight its fish'n'chips as we missed it last night with Mrs not being well.
Hope you have a nice plan for Saturday evenings, and I will check back in here to later to see if you want a chat.
Take care - cheers - CSDI

Good morning Traders,
I am quite new to LSE chat, and call myself CSDI (Crap Share Dealing Ideas) as I have a natural ability to mess things up "as I am blessed with skills that get me to press the "sell" button just before a share takes off, and the "buy" button just before they drop like a stone".
you can view my contributions by checking my username and would be interested in your comments re "The CSDI Portfolio" which I started this week in this general chat area.
As you are traders, just thought I would mention an ETF called SUK2 - which supposedly shorts the FTSE x 2.
I have used this several times over the years to act as insurance in a SIPP p/f, but the ETF does not seem to work out properly esp over a longer period. There is a warning with the general Investor notice.
It works better over short term and may be useful to you as short term traders if you think the FTSE100 is heading south.
GLA
Cheers - CSDI

Hi Seen_It,
Sorry to hear you lost your wife to the dreaded C. In comparison our issues are minor in that life is not greatly impacted. We manage her migraines pretty well so she has done well to keep her job, having worked part-time since our youngest was born, with me working from home. Mrs CSDI and I have both been married before, so we have a blended family. I have a 33 y/o son from my 1st marriage and still get on well with his mum - as I left to be on my own for 10 yrs - so she kept the marital home etc. My 33 y/o now lives there and she lives with her ageing mum. I met Mrs CSDI in 1998 and moved in with her in 1999; after she separated from her husband in 1997. She had 2 boys (now age 29 and 25) and we have another boy between us now 19 y/o. With me I have a 5-a-side- team LOL. It was fun and tense when we had all the boys live with us for a few years, but now just two at home. The 25 y/o moved out last year, but we brought him back after a seizure at work in Feb this year.
I have a long time hobby of playing chess, which I started playing when I was 9. An average club player, but I once played Nigel Short at a junior comp in 1975, before he was good enough to play for the world title in 1993.
I started with shares in 2004, when Mrs CSDI suggested I do something useful instead of playing patience on the computer one night ! What a throw away line that was, as I have become quite obsessive with my shares LOL.
I am sorry to hear you have some health issues, but at least you are happy with your own company. I have seen a team of deaf chess players play online this year due to Covid in the 4NCL League. You sound very positive and this is a healthy way to be, especially with the shares.
Take care for now and keep chatting as much as you want
Cheers - CSDI

Hi Seen_It,
Don't get me started on Brexit ... LOL
Lots of harsh banter on these BBs - all a bit pointless.
Best comment I've heard recently was a chap on CNBC - Jim Ratcliffe - saying it bores me to death, no point in dicussing it -The sun will still rise on 1st January, whether we have a deal or not ! And companies will do whatever it takes.
Mrs CSDI having one of her (less serious) migraine days which arrive more in winter. Long term issue for her since teenager, has tried all sorts, had many specialist consultants try to resolve without success. Manages to work 4 days/week, and cutting down to 3 next year. Always keeps holidays saved in case of necessity to cover unplanned absence. One of our boys (now 25 y/o) suffers with epilepsy which is related to Mrs condition. His condition is well controlled by meds, so has a pretty normal life other than having his driving licence removed this year due to a seizure. Has been free of incidents since Feb, so hope he gets licence back in new year.
I don't think being stuck indoors with Covid restrictions is helping us at all.
'Tis the end of another week in The Share Casino - finishing quite a bit in the red for me as 8/10 of my shares are down today I think. I only know finishing prices about 5pm as have 15- mins delay on prices. No idea what will happen next week, but Mrs CSDI will be right - It will be either up, down or the same LOL.
Have enjoyed our banter on here thru the week and no doubt will be looking in over the weekend to see what bright sparks have posted on the various share BBs.
Hope your p/f had better day than mine, but it is the long run that matters for us. We are in the marathon, not like the "day-traders" having their daily sprints.
I tend to review my p/f at weekends, to plan positions. Should be little or nothing to do this time as done too much fiddling this week. I am pretty consitent with my annual trades - with 36 in 2018, 35 in 2019 and 35 so far this year. Was expecting less this year but had a flurry of activity with 8 batch sales in the last 3 weeks, with the market rise.
Have a good weekend and take care
Cheers - CSDI

Hi Seen_It,

Looks like GGP getting it's head back on for you.
Think you made good call with getting out of LLOY too.
Take care - Cheers - CSDI

Good morning sir,
I am supposed to be Xmas Shopping with Mrs CSDI today, but she's not feeling too well at the mo. Hopefully will pick up later in the day. Meanwhile I can plod on with some work, as looking at the p/f is not a pretty sight today. Normal service resumed in CSDI-Land with everything in the red, except GSK. Still not to worry, it's only another day. Just have to wait for things to hopefully improve with SPs, which may take a while or a long-time, who knows. It's about time I left my shares alone, as done an awful lot of adjusting this month.
you take care (young man) and chat later.
Cheers - CSDI

Keep your chin up young man. Its only a paper loss at the mo. I've had considerably worse than -17% and come back from there. As you have such a big number with GGP, a couple of good days there can do wonders - and make up for today's mishap.
when we put so much into one or two shares it can skew a p/f completely. This is why Bland's way is to invest the identical sum into each sector, and only look at the total income picture, so he ignores individual ups and downs. As time goes by the p/f becomes lob-sided if one share grows massively compared to others. I suppose if capital funds allow, you would complete one p/f and then start constructing another. If the same share still met the selection criteria then you would buy it again. Only if there was a comparable equivalent would you split.
For example, suppose we have 5% in BP in a 20 sector p/f and its time to pick oil sector again. Provided RDSB yield was close to BP then you would add BP. When I bought telcoms for my p/f in Feb 2018 I split 50/50 BT and VOD as yields were close, and same in July 2018 with oil when buying BP and RDSB together. For pharma GSK always seems to have the better yield, so unlikely ever to pick AZN unless its SP dropped a lot to bring up the yield.
You will note recently I have swapped from SLA to AV. According to Bland's rules you would never do that.
He has a think called Strategic Ignorance, where he ignores all news after purchase, and never swaps shares. The only trading ever done is a forced takeover etc. Rights issues are ignored unless it is time to buy that sector again.
We are all pursuaded by current news to buy or sell a certain share. In the long run most news turns out to be irrelevant.
I would love to have a big enough sum to put together a full HYP, and maybe if I am lucky I might be able to build a mini one.
It is easier to build if you can reinvest the divis, but I need them for ongoing expenditure. If I could make some siginifcant capital gain then that would help, but that is all a pipedream.
Keep the faith with your p/f - you know what you are doing.
My p/f needs re-allocating in due course as far too much in Tobacco and Pharma. hopefully can start slicing some IMB off pretty soon.
Take care - Cheers - CSDI

Hello again Seen_it,
Presume we are safe to chat over here without upsetting the RDSB followers.
It is intersting to follow the arguments of someone like Stephen Bland - he has been writing for donkeys years about HYPs. He started on The motley Fool as Pyad (or soemthingl ike that) and put together many portfolis over the years. You can find them probably with Google searches - just look for HYP1 by Stephen Bland and a lot of history should pop up in the search.
I liked his style of writing and followed his p/fs for a long time. He is very honest about the risks and clearly states there can never be any guarantees when you deal in shares. His track record is pretty damn good I think. He has had criticism over the years from other traders, but he makes it clear, his style is nver to trade with HYP. So in that respect you are following him.
For me, I have never had the capital to fully employ that scheme, so have developed my own hybrid - mixing part of his HYP ideas and my own trading ideas - but my results have been pretty shocking.
To be fair, I believe I have been genuinely unlucky with timing of my 2 funds.
I watched Midas Dogs of the FTSE scheme, based on FTSE100 top 10 divi payers, start in 2002 with £10K and double by 2007. I started May 2007 with that scheme and within a year it blew up badly. The Midas Scheme got doctored and stopped in 2012 and was replaced with a fresh start. That still carries on, but has not been reported on this year ! It used to be a 3 monthly shuffle, like the FTSE index, but was changed to shuffle whenver they feel like it now - a convenient get of jail card.
My current p/f has just surpassed the level we were in Feb this year, just before the Covid-crash ! That means I am only down about 3.5% from my starting capital, despite having only roughly 3/4 left after a chunky withdrawal. I count my withdrawls on top of my current p/f to compare to starting capital. when I started this sIPP in Jan 2018 the FTSE was 7731, near its all time high, so typical of me to start investing then. It went well for several months before tailing off quickly at end of 2018. In fact my current total is just ahead of what it was then - the FTSE 6728 at 31/12/18. compared to 6599 today.
I am sure that wil have bored you to death - but I love the stats and keep a big spreadsheet to record all trades, divis and month-end results, like I would if in business. I think the directors might have closed me down with my performance LOL.
Right time for a brew and watch some chess online for my club.
Cheers - CSDI

Hi Seen_It,
Thought I would move our "Off Topic" discussion over here.
You've done very well with those two (Sareum & GGP) then !
Your attitude with the FTSE100 HY shares is spot on my friend. A leaf out of the Stephen Bland book of HYP Investing.
If you have a good chunk of capital to start with, then no need to mess around buying and selling.
Over most years, you will get an increase in divi income, as companies aim to have progressive divis.
Obv this can go wrong on occasions such as 2008 crash and the 2020 CV pandemic, where companies cancel or reduce payouts.
With respect to my p/f, the capital sum is not enough to generate a decent pension just from divis, so it is used to cover just a small part of the household family budget.
I was hoping to add capital to my pension each year, but my small business took a big hit in the Financial Crash with losing about 40% of clients and has never fully recovered to the profits being made before 2007. Hey ho .... it's only money.
My SIPP is a bit of a hobby-horse that I love to play with.
Cheers

If its not a listed share then wont be able to use Share price search.
I am pretty new in here, so assume best way is to start a thread under general chat with AirBNB as subject header
Cheers

No - just type in the ticker in Share price search box.
Should come up with relevant share which shows - prices, news, charts, CHAT, trades, RNS, etc etc
Good luck - CSDI

Hi Folks,
Just thought I would share my p/f with those willing to make constructive comments (+ve and -ve) on how I could proceed.
This is a SIPP, which I use to support myself with a modest income, to help pay for ongoing car commitment and husband/wife entertainment budget. The p/f consists mainly of HY shares to generate dividends which are withdrawn quarterly. The capital is left intact, and would be reinvested if profits made, but to date I have struggled.
I now have 10 holdings of which 3 were bought from the initital lump when account was opened in Jan 2018, with 6 having been purhcased this month and 1 earleir this year.
when the market went into freefall early this year I suspended my withdrawals and these will be reinstated at the end of 2020.

EPIC (% of p/f), cost per share, current SP, divi yield, Comments

ASEI (4%) , 308p Dec 20, 303p, 6.8% - hold for income with TP of £4
AV (10%), 334p Dec 20, 333p, 6.3% - hold for income with TP of £4
CEY (4%) , 126p Dec 20, 125p, 5% - trading share - target of £1.60
HHI (4%), 152p Dec 20, 151p, 6.6% - hold for income
NCYF (9%) 61.5p Jul 18, 49p, 9.1% - hold long term for income
GSK (19%) 1489p ave, 1399p, 5.7% - keep for income until TP of £16
IMB (27%) 1799p ave, 1546p, 8.9% - keep for income until TP reached with 7 targets starting at £16.50
PDG (4%) 13.6p Dec 20, 13.3p - Trading share with TP of 16p
RDSB (13%) 1649 ave, 1335p, 3.7% , originally bought for income in 2018 at £27. Now hold for recovery
VOD (5%) 133p Dec 20, 133p, 6.1% - keep for income until TP reached 155-160p

I normally aim for 5% divi with any new purchase for income.
I aim to have up to 10% of the p/f for fun or trading. Normally these are short term targets looking for 10% profit with intention to repeat in year if possible. PDG has previously been traded several times with this purpose.

I call myself CSDI - Crap Share Dealing Ideas - as any share I purchase tends to be cursed.
I have a natural skill of selling shares juts before they take off and buying them just before they drop like a stone.

Cheers - CSDI

Hi Seen_it. Ted B is never one I have looked at. I remember buying Woolies for the divi back in 2007. Made one profit and then went for another batch. Disaster as became total write-off ! Also hit big probs with Currys/DSGI and Game Grp so tend to steer clear of retail. I use my own sector of "Motor Retail" for PDG which has been good for me.
I keep tab on my results by sector, and find that I have more success with Mining, Pharma & Utilitiies. My disasters have come with banks, retailers, SUK2 (shorting ETF). with my 1st SIPP I lost over 25% of my whole funds with the banks.
Lesson learned was to have better diversification.
With my recent SIPP, while having some big losses, none is more than 3% in any sector. Oddly enough my best results so far have come from property - HMSO - which I managed to double my investment and got out in time. Provided IMB does not go bust, I don't expect any catastrophic losses, that I would not have chance to cover in other areas.
The danger of holding forever, is that shares can permanently lose value, when you least expect it. Remember my purchases of LLOY, RBS, BARC etc in 2007 have all had something like 80-90% destruction when you consider all the share offers/rights issues etc, many of which only the institutions get chance in ! Who would ever have thought that backi n 2007 ?
I am not sure Ted Baker is one I would look at, but I hope it works out for you.
I am much more ready to accept losses these days if I get it wrong. I remember buying Carillion in Jan 2017, with about 20% of my pension. I got out in June taking a 10% loss. It was not long later that all the problems came out and it went bust.
Of the 106 trades I have completed, 66 are winners, 40 are losers. And I am currently more or less break-even on all of those.
I am carrying a loss of about 6% on my current holdings, which amounts to 4% of my original total capital.
I tend to snatch profits, esp when trading for 10% gains, but allow losses to run If I think they are recoverable later.
With RDSB I was 42% down at end of October, and now only 15% after averaging down.
With IMB I was 26% down ditto and now only 5% after averaging down. Just another £1 on the SP and I wil be in profit here !
Of course it can go wrong, as it did with BT for me so I ended up with a bigger loss there by averaging down.
Hey Ho - It's only money ....
As always it is a risk/reward adventure.