Your questions answered Vol 2 - IM Private Clients
Discussion
NorthDave said:
There isn't much chat about PHO on here! Am I the only one in it? My values are down about 30% from peak which is a kick in the teeth.
Glad I haven't gone all in! Guess I just have to log out and forget about it for a few years.
Hi NorthDaveGlad I haven't gone all in! Guess I just have to log out and forget about it for a few years.
I think it is fair to say that PHO has had a rough ride in recent conditions, but as an opportunities portfolio while it is disappointing it’s not overly surprising.
We take a good look at, and review the holdings on a regular basis and remain confident that the “opportunity” still exists and that both the value and the growth will come, the timeline that will manifest over is a little more difficult to map out!
Cheers
Nik
I'm in PHO. Think it might have taken most of the PHR gains..... All in all I've taken a right kicking since January and it's getting a bit hard to stay the course and keep my monthly payment dripping in when every time I check back I'm still seemingly going backwards despite adding to it.
Tony Angelino said:
I'm in PHO. Think it might have taken most of the PHR gains..... All in all I've taken a right kicking since January and it's getting a bit hard to stay the course and keep my monthly payment dripping in when every time I check back I'm still seemingly going backwards despite adding to it.
Same here, PHE and PHO have wiped out all PHR gains. Also frustrating is that I’m down on Optimum Cautious after a lump sum nearly three years ago and drip feed since. Note that this is not a dig at IM, more a ‘high risk, low risk, makes no odds where you put your money comment’
mfmman said:
Tony Angelino said:
I'm in PHO. Think it might have taken most of the PHR gains..... All in all I've taken a right kicking since January and it's getting a bit hard to stay the course and keep my monthly payment dripping in when every time I check back I'm still seemingly going backwards despite adding to it.
Same here, PHE and PHO have wiped out all PHR gains. Also frustrating is that I’m down on Optimum Cautious after a lump sum nearly three years ago and drip feed since. Note that this is not a dig at IM, more a ‘high risk, low risk, makes no odds where you put your money comment’
.Mr Pointy said:
XJSJohn said:
What would the wise and sage financial guru's of PH do with the wonga for 6 to 9 months.
Sit on the cash - at the most put it into Premium Bonds. Nine months is way too short a timescale to consider investing it, especially in these volatile times.Edited by Ron-ski on Thursday 16th June 15:41
I started my pot with IM a couple of years ago with a mixture of IM cautious , defensive and PHR.
PHR sold and proceeds along the way into PHE and then PHO.
Also played around with cautious and defensive splits - I wanted these to be an alternative to cash returns.
I think my “ best “ percentage gain overall has been around 15% overall - now down to a modest overall loss.
But not selling so not a loss as such and obvs you have to be in it to win it.
PHR sold and proceeds along the way into PHE and then PHO.
Also played around with cautious and defensive splits - I wanted these to be an alternative to cash returns.
I think my “ best “ percentage gain overall has been around 15% overall - now down to a modest overall loss.
But not selling so not a loss as such and obvs you have to be in it to win it.
NorthDave said:
There isn't much chat about PHO on here! Am I the only one in it? My values are down about 30% from peak which is a kick in the teeth.
Glad I haven't gone all in! Guess I just have to log out and forget about it for a few years.
I went 50% in with the other 50% being in Equity. My overall investments with IM are down 10.5% since initial deposit -7.9% on Equity and -13.1% on Opportunities. Not enjoying it much ATM. I made a deposit with Nest at the same time as my IM deposit and its down -6.6%.Glad I haven't gone all in! Guess I just have to log out and forget about it for a few years.
Wondering whether to bail out of Opportunities and move it to Equity (or elsewhere) or just sit it out... nothing is going to stabilise until the world calms down a bit so it could be out of the frying pan and into the fire
M4tt-H said:
I went 50% in with the other 50% being in Equity. My overall investments with IM are down 10.5% since initial deposit -7.9% on Equity and -13.1% on Opportunities. Not enjoying it much ATM. I made a deposit with Nest at the same time as my IM deposit and its down -6.6%.
Wondering whether to bail out of Opportunities and move it to Equity (or elsewhere) or just sit it out... nothing is going to stabilise until the world calms down a bit so it could be out of the frying pan and into the fire
I am the least qualified to offer advice, but here goes anyway……..Wondering whether to bail out of Opportunities and move it to Equity (or elsewhere) or just sit it out... nothing is going to stabilise until the world calms down a bit so it could be out of the frying pan and into the fire
Bailing out crystallises a loss, I’m hoping the worst is over on that one so I’m sitting tight hoping it will find it’s way back.
Good morning all, I trust all the dads had a great Father's Day!
I just wanted to add to the general conversation, rather than speak professionally.
Like everyone, I too have seen the value of my holding take a beating, start to grow back and then get a kick again. Under my circumstances I will be sitting stil and adding more where I think buying is the right thing to be doing.
I understand how markets work and that times like this are to be completely expected and I equally know that this is not an issue that I could have avioded had I invested elsewhere. Here, for example, is the great Fundsmith Equity over the last six months at c. 21% down this year to date:
Interestingly, this also shows global makets as a whole, which gives us a much wider picture.
So, whilst things are not remotely what I would wish to be seeing I am also seeing and living this along with everybody else and thought I would comment on this as a 'passenger' rather than 'pilot', as it were.
As a pilot though I should also highlight we are constantly in commumication with air traffic control! By this I mean Adam and I are in contant discusion with Will and the team at P1 exploring all options all of the time. Sitting still is the only thing that currently makes sense as otherwise you are selling stocks at a great buying price - which is of course madness!
Cheers
Julian
I just wanted to add to the general conversation, rather than speak professionally.
Like everyone, I too have seen the value of my holding take a beating, start to grow back and then get a kick again. Under my circumstances I will be sitting stil and adding more where I think buying is the right thing to be doing.
I understand how markets work and that times like this are to be completely expected and I equally know that this is not an issue that I could have avioded had I invested elsewhere. Here, for example, is the great Fundsmith Equity over the last six months at c. 21% down this year to date:
Interestingly, this also shows global makets as a whole, which gives us a much wider picture.
So, whilst things are not remotely what I would wish to be seeing I am also seeing and living this along with everybody else and thought I would comment on this as a 'passenger' rather than 'pilot', as it were.
As a pilot though I should also highlight we are constantly in commumication with air traffic control! By this I mean Adam and I are in contant discusion with Will and the team at P1 exploring all options all of the time. Sitting still is the only thing that currently makes sense as otherwise you are selling stocks at a great buying price - which is of course madness!
Cheers
Julian
It's important to recognise that we are in a period of economic transition. Potentially, what we are seeing is a return to traditional economics after a period of anomalous economic activity.
When it comes to long term investment, even though many values are rebasing, if you're genuinely invested in a basket of quality blue chips with a fair balance then really the only sane action is to maintain the steady purchases and remember one has a 10/20/30 year outlook.
What we are currently seeing is arguably the first big challenge of he modern investment era where we have not just had a prolonged period of investors favouring high growth, on trend modern companies with potentially weak foundations but this coinciding with two critical changes which are daily to intra day pricing updates on the go and a retail facing media built almost entirely on scaremongering and promoting 'end of days' as their backbone rhetoric.
Few people are going to have great returns this year, we must accept and understand that recent years' meteoric value increases have been highly abnormal and the most important course of action is to remain level headed, check your holdings are quality and balanced and that the amount you are putting in each month is appropriate to you current cost of living as well as long term objectives.
The sell offs to date have been very clam and very logical and while there may be general capitulation ahead, on the whole the equity markets are currently be the most normal and rational they have been for a very long time.
When it comes to long term investment, even though many values are rebasing, if you're genuinely invested in a basket of quality blue chips with a fair balance then really the only sane action is to maintain the steady purchases and remember one has a 10/20/30 year outlook.
What we are currently seeing is arguably the first big challenge of he modern investment era where we have not just had a prolonged period of investors favouring high growth, on trend modern companies with potentially weak foundations but this coinciding with two critical changes which are daily to intra day pricing updates on the go and a retail facing media built almost entirely on scaremongering and promoting 'end of days' as their backbone rhetoric.
Few people are going to have great returns this year, we must accept and understand that recent years' meteoric value increases have been highly abnormal and the most important course of action is to remain level headed, check your holdings are quality and balanced and that the amount you are putting in each month is appropriate to you current cost of living as well as long term objectives.
The sell offs to date have been very clam and very logical and while there may be general capitulation ahead, on the whole the equity markets are currently be the most normal and rational they have been for a very long time.
DonkeyApple said:
When it comes to long term investment, even though many values are rebasing, if you're genuinely invested in a basket of quality blue chips with a fair balance then really the only sane action is to maintain the steady purchases and remember one has a 10/20/30 year outlook.
What about those investors who have a 1/3/5/10 year outlook? Not everyone is in the accumulation phase.Mr Pointy said:
DonkeyApple said:
When it comes to long term investment, even though many values are rebasing, if you're genuinely invested in a basket of quality blue chips with a fair balance then really the only sane action is to maintain the steady purchases and remember one has a 10/20/30 year outlook.
What about those investors who have a 1/3/5/10 year outlook? Not everyone is in the accumulation phase.The answer is that you should be beginning a gradual slide out of equities, but after not experiencing such an event for many years this is often forgotten.
IM Lifestyle is one way of addressing this (launch now imminent) as it does this automatically, without emotional factors coming into play.
JulianPH said:
Mr Pointy said:
DonkeyApple said:
When it comes to long term investment, even though many values are rebasing, if you're genuinely invested in a basket of quality blue chips with a fair balance then really the only sane action is to maintain the steady purchases and remember one has a 10/20/30 year outlook.
What about those investors who have a 1/3/5/10 year outlook? Not everyone is in the accumulation phase.The answer is that you should be beginning a gradual slide out of equities, but after not experiencing such an event for many years this is often forgotten.
IM Lifestyle is one way of addressing this (launch now imminent) as it does this automatically, without emotional factors coming into play.
Mr Pointy's, er, point
is a very good one. I absolutely know that the sage advice is to sit tight through the bad periods, and I'm fine with that in principle, but having seen my funds take a hit of getting on for 15% since December, then if we are in what many have said will be a 2 year period of flux, I could be facing another 3 periods of 15% losses, ie 60% in total, that's not going to be remotely sustainable for me.IM Lifestyle needs to get it's Thunderbirds pants on and perform some International Rescues!
CAPP0 said:
The posts on this subject over the past few days have been really helpful. I'm talking to Nik tomorrow about thoughts and options.
Mr Pointy's, er, point is a very good one. I absolutely know that the sage advice is to sit tight through the bad periods, and I'm fine with that in principle, but having seen my funds take a hit of getting on for 15% since December, then if we are in what many have said will be a 2 year period of flux, I could be facing another 3 periods of 15% losses, ie 60% in total, that's not going to be remotely sustainable for me.
IM Lifestyle needs to get it's Thunderbirds pants on and perform some International Rescues!
If you were to switch to IM Lifestyle would you not then be locking in your losses?Mr Pointy's, er, point
is a very good one. I absolutely know that the sage advice is to sit tight through the bad periods, and I'm fine with that in principle, but having seen my funds take a hit of getting on for 15% since December, then if we are in what many have said will be a 2 year period of flux, I could be facing another 3 periods of 15% losses, ie 60% in total, that's not going to be remotely sustainable for me.IM Lifestyle needs to get it's Thunderbirds pants on and perform some International Rescues!
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