At the risk of getting egg on my face, it's doing well again today and in fact is the ONLY share to shine in my portfolio at present. As you say Husk, the attraction is the high dividend but when you've enjoyed a healthy increase it feels very satisfying.
As an experiment, I also have a mock portfolio of highly tipped, twenty shares. I 'invested' 1k in each on 1/1/18. Of the twenty only four have a higher sp 18 months later. Evraz, Marshalls, Hurricane Energy and UTG, The portfolio remains stubbornly down between 10-12% but fortunately has given me a little bit of guidance regarding performance v hype. Thankfully I invested real cash in three of the four after I'd watched it tread water for six months.
Thank you Nige. Some food for thought there. Yes, that is one of the benefits, of course, of sitting on the good Divi payers several years from now. I'm happier in this regard to speculate on the builders and one it two 'out of favour' ftse 100' companies. Like I said, I had believed I had settled on a good base portfolio but Galliford Try hit me below the belt and the other builders hit me with an uppercut last week. Rotters!
I meant that my own personal rack of investments had just broken even from being 5% down a few months ago. To be fair, I have done very well by re-investing in house builders just before Christmas.
It's just so infuriating to get so close to the black, only to dip so quickly back into the red again.
Incidentally, I have a mock portfolio of twenty shares I 'bought' on Jan 1 2018. They were thoroughly recommended at the time, so I have been following them in this fashion since. The £20000 invested, £1000 in each share, is now worth £18000! Admittedly, I haven't reinvested the dividends into the equation but the fact the expert tipsters..erhem...maybe are not so expert makes me feel better. My losses are less lossy. 😊
I've boosted up the latest isa with shares but annoyingly have taken a hit on Galliford Try ( as well as PSN, tw and Redrow this week). It can be a frustrating business this, having taken 4 months to gain the 5% needed to break even after 16 months of investment only to see it drop 5% in a week. Grrrr!
Yes, very nice indeed. I also wonder what the effect might be of investors loading up isas with high dividend shares, such as myself. Or am I giving too much weight to the impact of the private investor?
I've reloaded the isa with TW shares and trust, as others do, that a Brexit deal of some description is on the cards, whether discussed and agreed this week or within the year. Builders shares are so jittery at present though. Lord knows which direction they will twitch.
I could quote numerous examples but to take an example, the BBC has an appalling bias towards remain and simply lies by ommission or diversion on a regular basis '. E.g ' remain march over one million, say organisers' it headlines. The key is in the words 'say organisers'. Crowd control aerial photography disputes this and estimates the march was between 400,000 to 500,000 strong. This is shocking and manipulate reporting by an organisation well able to refine the figure. The key thing is most people now believe the higher figure. In a couple of slips recently the BBC even used the word 'we' to describe the remain campaign: One in a report describing the march figure and another overheard on parliament TV. Moreover the wording such as 'crash out', cliff-edge et al in various reports exacerbates the fear factor and is anger-raising journalism. Mark my words...there will be big trouble in Little China if Brexit is overturned!
The bias in the media towards remain has been instrumental in stirring up the emotions, aided and abetted by disgraceful behaviour in parliament. So far we have endured three years of mithering and badgering from the remain camp and this has caused an inevitable reaction. However, it will be but nothing compared to the disruption and violence that will be germinated should the government revoke article 50, let alone a total loss of faith in democracy.