As previously mentioned, I had to withdraw the funds from my account due to needing the money to fund our new house purchase. Granted the plan was to stay invested for 10 years, circumstances have changed which required the withdrawal of funds.
It was quite fitting as it has been exactly a year since I started investing (18th March 2015) and it was also on 18th March 2016 when I sold my last sets of shares. I am pleased to have achieved my objective of getting at least a 10% return on my total funds (£10,000). The volatility after Christmas was rather high, leading to some losses being realised. The total profit realised is £1,059. This compares favourably when
Hard to believe it is March 2016 tomorrow. I keep saying this but every year it feels like the months are getting shorter! Some new developments since my last blog – we are in the middle of buying a house so unfortunately I will have to liquidate the funds. I need them to pay for the associated charges and fees linked with the sale of flat as well as the buy of house.
Given it has been quite volatile of late, this has worked well in terms of forcing myself to review the portfolio. As a result, I have sold some shares in the past couple of weeks. I have however let my winners run for the time being. I will
End of Year 2015 Review
It is this time of the year where one gets to review the performance of the portfolio. Given I started the portfolio beginning of March 2015, technically I should carry out the review as at 1 March 2016 but I figured it would be easier to do it at end of each year.
In short, I have realised gains of £349 and unrealised gains of £370 bringing it to a total of £719. For future
Thought it was useful to review the portfolio on a share by share basis. Although I have banked some profit (£328), the current unrealised (yet to be banked) profit from the portfolio as of today is £765 which brings the total to £1,093. For a £10,000 portfolio, this equates to an almost 11% gain. The best comparator to use is the FTSE All Share Total Return (which includes
No investing activity since my last post! I wish to explain the power of compound interest since this is the main purpose of my investments. This is to generate a compound annual growth rate (CAGR) of 10%. Given we all each have a £15,000 allowance for ISA each year, I will be aiming to invest £10,000 at the beginning of each financial year. At the end of year 10, the total amount I will have personally contributed will
How time flies! It has been almost two months since I last blogged! Lots of investing activities since I last blogged in April. Ideally I should be updating the blog each time I make a transaction (whether it is a buy or a sell) but unfortunately my work commitments and extra-curricular activities prevent me from doing so!
I will outline all the transactions made to
The only activity I made during the week was buying some shares of Inland (INL) – a specialist housebuilder and brownfield land developer. Given there is a need to diversify the portfolio, I have been looking for a housebuilder company. Demand currently exceeds supply these days and I see no end to that problem except to build more homes.
It is a profitable company with cash in bank. The projects in the pipeline seem quite interesting and are bound