RE: CSDI Portfolio15 Apr 2021 19:00
Hi Alas,
I like your choice of RIO, and think that BRWM is a good choice as a general mining option too.
I am already fully allocated to mining with 2 Goldies - CEY & POLY, which is a bit concentrated as a sector choice.
Oddly enough they have both had a good day as gold has risen a little, maybe breaking out of its consolidation phase around $1700 after a few weeks +/- $30. for me POLY is a short term trade, with CEY a longer term recovery play.
I've put just over 10% of my p/f into some high risk shares (as my fun/play allocation) with 3% 88E - Aim oiler and NCYT 8% after its spat with DHS last Friday, but got in too quickly on both, as already down 21% and 8% respectively - now you know why I call myself CSDI.
On the positive side I've trimmed GSK on todays rise, taking a little profit on my lowest cost batch, down to 15% of p/f with revised average cost 1509p, using my own batch costs rather than the average used by the broker/provider of 1413p.
I've also taken my shears to NG. as that is moving too slowly for my liking, selling for a miniscule profit and looking to invest elsewhere.
Like you I've added to RDSB recently, just 2.5% to reduce average costs, aiming for a trading profit, rather than a LTH.
I am consciously trading more and splitting my p/f bw LTH (mainly for divis) and short term trades.
The overall p/f has risen another couple of percentage points since my recent update, and is on its way to getting back to break-even. Not great (to put it mildly), but much better than it was and compares favourably to my target of beating the FTSE. Just as well I am not comparing to the runaway US Indices, otherwise I could get very depressed !
Cheers - CSDI