Your Investment performance for 2016.
Discussion
NickCQ said:
rockin said:
So the question is - when to sell? These issues apply equally for trackers as for active investors!
Not so! If I thought I could beat / time the market then I would be picking stocks rather than investing passively. I invest passively precisely because I do not believe that I have any ability to produce excess returns through applying my brain to the problem.https://uk.finance.yahoo.com/quote/%5EFTSE?ltr=1
rockin said:
NickCQ said:
rockin said:
So the question is - when to sell? These issues apply equally for trackers as for active investors!
Not so! If I thought I could beat / time the market then I would be picking stocks rather than investing passively. I invest passively precisely because I do not believe that I have any ability to produce excess returns through applying my brain to the problem.https://uk.finance.yahoo.com/quote/%5EFTSE?ltr=1
...but a far few troughs in between!!
GT03ROB said:
rockin said:
NickCQ said:
rockin said:
So the question is - when to sell? These issues apply equally for trackers as for active investors!
Not so! If I thought I could beat / time the market then I would be picking stocks rather than investing passively. I invest passively precisely because I do not believe that I have any ability to produce excess returns through applying my brain to the problem.https://uk.finance.yahoo.com/quote/%5EFTSE?ltr=1
...but a far few troughs in between!!
Anyway, diversification is my other investing creed - don't be 100% equities and don't have 100% of your equity exposure in one small market.
Been reading this thread for about an hour and nice to finally see mention of a stock I bought into last year 😄. I bought Tritax Bigbox as a grower rather than dividend stock and have high hopes. However my biggest surprise was the RPC shares I bought in summer of '15 which are up 60% and I only bought them because I buy their products and like them. Go figure. My nice surprise was Shell b which have recovered nicely to return me 31% and I bought those simply because most pension funds hold them for their dividends . Just for balance though, I bought Berendsen in '15 and they were ticking along nicely until a recent profits warning which has dented them by 32%! Luckily I was only in for 3k. As a defence against loss I bought a few more in the belief that the market had over reacted and that's pulled the downside back to 26% loss as they have begun their slow recovery. You might ask why I didn't just buy more Shell or RPC but I treat it as a bit of a game and try to 'play' my strategy in order to seek out recovery stocks. That's why I'm also looking carefully at banks for next years isa but the way it's going by April I might have missed the recovery boat and I'm not brave enough to buy RBS! Overall I'm up 11% on the year so happy to carry on and looking to expand my picks from the current 13 holdings to 20 or 30 over the next 3 ISA years. I also invest plenty through my IFA into funds for the pension and they seem to average out at 10% p.a. (over the last 7 years) which I'm happy with.
Mark8303 said:
Been reading this thread for about an hour and nice to finally see mention of a stock I bought into last year ??. I bought Tritax Bigbox as a grower rather than dividend stock and have high hopes. However my biggest surprise was the RPC shares I bought in summer of '15 which are up 60% and I only bought them because I buy their products and like them. Go figure. My nice surprise was Shell b which have recovered nicely to return me 31% and I bought those simply because most pension funds hold them for their dividends . Just for balance though, I bought Berendsen in '15 and they were ticking along nicely until a recent profits warning which has dented them by 32%! Luckily I was only in for 3k. As a defence against loss I bought a few more in the belief that the market had over reacted and that's pulled the downside back to 26% loss as they have begun their slow recovery. You might ask why I didn't just buy more Shell or RPC but I treat it as a bit of a game and try to 'play' my strategy in order to seek out recovery stocks. That's why I'm also looking carefully at banks for next years isa but the way it's going by April I might have missed the recovery boat and I'm not brave enough to buy RBS! Overall I'm up 11% on the year so happy to carry on and looking to expand my picks from the current 13 holdings to 20 or 30 over the next 3 ISA years. I also invest plenty through my IFA into funds for the pension and they seem to average out at 10% p.a. (over the last 7 years) which I'm happy with.
You are clearly taking an interest in direct shareholding, Mark.
I don't think you mentioned how long you have held the majority of your 13 holdings. If 2016 was not your first year, and I hope you do not mind me making this comment, but I might now be giving some thought to the companies held.
2016 was one of the exceptional years for UK equity investors, but unfortunately your own fund did not keep up with the market average.
With my fund, I have always made holdings decisions, based upon the overall performance compared to the market.
It has worked well so far and remarkably, no significant changes to the holdings have been required.
http://www.pistonheads.com/gassing/topic.asp?h=0&a...
I was pleased to read that you hold Shell. Through the full year 2016, the value was up 52.56%, and in addition there were four big dividends, which latterly have been magnified even further by the currency conversion.
Best of luck as you grow your own fund.
Edited by Jon39 on Friday 13th January 12:03
I started with the £4500 I sold my R1200GS bike for in the summer of 2015 (before I could spend it on something moe frivolous!) Over the intervening period I've maxed my ISA allowances so now waiting for the end of this f.y. before dipping in again. I've got about 7 years to retirement so wanted to 'have a go' myself alongside my pension. I have this desire to support British co.s who at least make something so to some degree that has influenced my buying decisions. I hold Ricardo (cause they make McClaren engines), RPC as previously stated and several others in a similar vein. As I approach retirement I'll begin to ease towards ftse 100 dividend shares in the hope that the income will supplement my pension. Any good gains would then be seen as rainy day gains should I need to dip into the capital. That's the theory anyway! Thanks for your comments, as a direct holdings novice I have loads to learn but hope to be an expert by the time I retire, by which time of course I won't have sufficient income to buy any shares.
A thread worth revisiting annually?
2017 was hit, miss and meh from my point of view
G & H were new additions and both pretty much cliff dived as soon as I got in
I think in 2018 I'm going to invest in some funds rather than individual stocks whilst I figure out a better strategy for picking winners...
2017 was hit, miss and meh from my point of view
| Company | 2015 | 2016 | 2017 |
| A | -33.95% | 40.30% | 22.93% |
| B | -3.67% | 58.65% | 7.20% |
| C | -30.08% | 83.78% | 20.95% |
| D | 196.46% | -26.37% | |
| E | 1.17% | 8.83% | 13.82% |
| F | 29.22% | 10.64% | 19.56% |
| G | -5.62% | ||
| H | -27.78% | ||
| Total | -1.82% | 62.26% | -2.83% |
G & H were new additions and both pretty much cliff dived as soon as I got in
I think in 2018 I'm going to invest in some funds rather than individual stocks whilst I figure out a better strategy for picking winners...
emicen said:
A thread worth revisiting annually?
2017 was hit, miss and meh from my point of view
G & H were new additions and both pretty much cliff dived as soon as I got in
I think in 2018 I'm going to invest in some funds rather than individual stocks whilst I figure out a better strategy for picking winners...
By investing in just a few stocks you will inevitably get massive volatility in your outcome and your returns will be incomparable to normal market benchmarks.2017 was hit, miss and meh from my point of view
| Company | 2015 | 2016 | 2017 |
| A | -33.95% | 40.30% | 22.93% |
| B | -3.67% | 58.65% | 7.20% |
| C | -30.08% | 83.78% | 20.95% |
| D | 196.46% | -26.37% | |
| E | 1.17% | 8.83% | 13.82% |
| F | 29.22% | 10.64% | 19.56% |
| G | -5.62% | ||
| H | -27.78% | ||
| Total | -1.82% | 62.26% | -2.83% |
G & H were new additions and both pretty much cliff dived as soon as I got in
I think in 2018 I'm going to invest in some funds rather than individual stocks whilst I figure out a better strategy for picking winners...
emicen said:
A thread worth revisiting annually?
2017 was hit, miss and meh from my point of view
G & H were new additions and both pretty much cliff dived as soon as I got in
I think in 2018 I'm going to invest in some funds rather than individual stocks whilst I figure out a better strategy for picking winners...
Ouch! But very honest of you. 2017 was hit, miss and meh from my point of view
| Company | 2015 | 2016 | 2017 |
| A | -33.95% | 40.30% | 22.93% |
| B | -3.67% | 58.65% | 7.20% |
| C | -30.08% | 83.78% | 20.95% |
| D | 196.46% | -26.37% | |
| E | 1.17% | 8.83% | 13.82% |
| F | 29.22% | 10.64% | 19.56% |
| G | -5.62% | ||
| H | -27.78% | ||
| Total | -1.82% | 62.26% | -2.83% |
G & H were new additions and both pretty much cliff dived as soon as I got in
I think in 2018 I'm going to invest in some funds rather than individual stocks whilst I figure out a better strategy for picking winners...
I kept a largely identical portfolio of funds to the previous year & basically made the same on paper as previous year, just over 19%
emicen said:
A thread worth revisiting annually?
2017 was hit, miss and meh from my point of view
G & H were new additions and both pretty much cliff dived as soon as I got in
I think in 2018 I'm going to invest in some funds rather than individual stocks whilst I figure out a better strategy for picking winners...
I don't think I'd be going out on a limb to say D doesn't pay a dividend2017 was hit, miss and meh from my point of view
| Company | 2015 | 2016 | 2017 |
| A | -33.95% | 40.30% | 22.93% |
| B | -3.67% | 58.65% | 7.20% |
| C | -30.08% | 83.78% | 20.95% |
| D | 196.46% | -26.37% | |
| E | 1.17% | 8.83% | 13.82% |
| F | 29.22% | 10.64% | 19.56% |
| G | -5.62% | ||
| H | -27.78% | ||
| Total | -1.82% | 62.26% | -2.83% |
G & H were new additions and both pretty much cliff dived as soon as I got in
I think in 2018 I'm going to invest in some funds rather than individual stocks whilst I figure out a better strategy for picking winners...
These are weird results, AIM shares?
Weird, but actually quite decent assuming equal amounts in each share you're up 50% over 3 years.
You hit the kerb a couple of times but you got there
My results are more pedestrian
2015 5.9%
2016 7.9%
2017 20.2%
Dollar denominated funds mostly.
After the 2016 currency boost, which benefited the big overseas earning companies, it was back to more modest results for me in 2017.
Quite happy with the outcome though. It was double RPI, so there was progress. Twenty five companies held at the year end, with no portfolio changes during 2017. As usual, some were winners and some were losers, none of which I can ever predict at the beginning of each year. Interesting how the losers in one year, can later sometimes appear much further up the league table. If the overall result is reasonable, I don't change anything.
| 1 year | + 8.27% | 2017. (Dividend income formed 4.51% of that increase) | ||
| 2 years | + 32.3% | |||
| 3 years | + 42.3% | |||
| 5 years | + 67.4% | |||
| 10 years | +139.1% | |||
| 30 years | + 4938.1% |
2017 was my 30th year of serious investment, so I was hoping it could be celebrated with a plus outcome.
After nine consecutive years of positive results, which has been unusual, I do wonder if trouble might be coming, but as aways, we never know when.
Wishing PH investors success in 2018.
emicen said:
I think in 2018 I'm going to invest in some funds rather than individual stocks whilst I figure out a better strategy for picking winners...
Warren Buffet says....https://tinyurl.com/y884bf3m
Warren Buffet? Who's he? He knows nothing!
jeff m2 said:
emicen said:
A thread worth revisiting annually?
2017 was hit, miss and meh from my point of view
G & H were new additions and both pretty much cliff dived as soon as I got in
I think in 2018 I'm going to invest in some funds rather than individual stocks whilst I figure out a better strategy for picking winners...
I don't think I'd be going out on a limb to say D doesn't pay a dividend2017 was hit, miss and meh from my point of view
| Company | 2015 | 2016 | 2017 |
| A | -33.95% | 40.30% | 22.93% |
| B | -3.67% | 58.65% | 7.20% |
| C | -30.08% | 83.78% | 20.95% |
| D | 196.46% | -26.37% | |
| E | 1.17% | 8.83% | 13.82% |
| F | 29.22% | 10.64% | 19.56% |
| G | -5.62% | ||
| H | -27.78% | ||
| Total | -1.82% | 62.26% | -2.83% |
G & H were new additions and both pretty much cliff dived as soon as I got in
I think in 2018 I'm going to invest in some funds rather than individual stocks whilst I figure out a better strategy for picking winners...
These are weird results, AIM shares?
Weird, but actually quite decent assuming equal amounts in each share you're up 50% over 3 years.
You hit the kerb a couple of times but you got there
My results are more pedestrian
2015 5.9%
2016 7.9%
2017 20.2%
Dollar denominated funds mostly.
That being said, losses are paper at present and lessons have been learned.With regards to indexes there's 3 x FTSE100, FTSE All Share, Nasdaq, Amsterdam Euronext, 2 x AIM [respectively].
We're not quite there yet but bar a Santa rally 2018 looks like being a negative year for me. Only slightly so (about -1.5%) but still heading in the wrong direction. Best performer of the year (so far) a funny Aussie conglomerate called Washington H. Soul Pattinson (SOL), worst Aviva...
I've learned a few things this year.
I decided to put a bit extra into a couple of new stocks at the end of 2016, which all went into free fall, wiping out all the gains and dragging everything down to negative
It's only the third year of a planned ten year experiment so I'm trying not to be annoyed, but it's still annoying.
I suppose I should learn how to re-balance it all now.
I decided to put a bit extra into a couple of new stocks at the end of 2016, which all went into free fall, wiping out all the gains and dragging everything down to negative
It's only the third year of a planned ten year experiment so I'm trying not to be annoyed, but it's still annoying.
I suppose I should learn how to re-balance it all now.
Phooey said:
4.5% down so far. I reckon majority of that is the effect of advisor / platform fees though.
Hmmm... I wonder if that is a fair statement. We have to be very careful with conclusions when interpreting percentages derived from datasets that include -ve members. Let me illustrate with an imaginary two fund portfolio.Fund A gains 50% in 2018 (after all charges)
Fund B loses 40% in 2018 (after all charges)
Both funds have annual charges of 2.5%, so any portfolios constructed from them also have annual charges of 2.5% in total.
Portfolio 1 has 80% invested in fund A and 20% in fund B. It’s return for 2018 is 32%
Portfolio 2 has 40% invested in fund A and 60% in fund B. It’s return for 2018 is -4%
Should the holder of portfolio 2 accept the statement that the majority of their losses were the effect of charges? In reality their losses were an outcome of allocation decisions.
An imperfect example, but I hope it illustrates the underlying point that gross charges shouldn’t be applied to net returns.
Edited by WindyCommon on Tuesday 18th December 07:37
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