SP Longjonsilver14 Jan 2019 19:48
Made money out of builders after the vote to leave. CRST is one of our biggest holdings as p/e is low div ok and covered, well as much as you can possible say. our target £6
Our Investment trusts are mixed. we are buying in to some that need to rise 50% to get back to their high. WE buy Trusts that cover the far east,China is very low, Japan, undeveloped countrie,s small companies in all major Indices, Unquoted company Trusts, UK, Europe, German Trusts, like property trusts as it is always needed, NOT USA at moment as we feel they are high. Small companies give better returns. Get most of our information from Trust net. Basically buy trusts that are low priced and way of their high. we hold 40 - 50 trusts so we get a good spread. A wide spread is safest.
Our baby is FFWD come back from 8.p to 12p and with the companies they hold should be nearer 20p plus, these companies they invest in are on the verge of greatness, read the message board on FFWD We keep adding. At 12p they cannot fall to much but could easily hit £1 plus.
However having a wide spread of trusts covering all sectors often sees you not getting big drops. We now avoid trusts with a wide spread, some ar 7-10% .but do have some in our portfolio and keeping them but NOT buying more.Check the trades to see actual spread. It is a minefield but versatility has paid off especially with small companies and Trust in unquoted companies often pays off eventually SPREAD YOUR MONEY though. FFWD is about 6% of our portfolio which is far to high, BUT it may be a big goldmine, Also buy gold mining companies when gold is low. PAF is undervalued at moment but struggling to advance.