Thursday, 13 October 2016

Bond dilemma? (Portfolio Buy)

Profit-taking - by selling some of my largest holding APF - means the opportunity to buy something new.

It's trite to say but the 'buy' decision is what makes you money - coupled, of course, with selling at the 'right' time. Which is to say, it's difficult.

Investing = Gambling?
Sometimes the Stock Market is compared to a casino. I don't think that is a fair comparison. Although there is an undoubted random factor in daily events - which affects prices - I believe that there is a lot of skill involved in successful investing.

At least that's what I like to think. However, many observers point to the possibility that seemingly successful investors might just be lucky.

Tuesday, 11 October 2016

Taking Profits (Portfolio Sale)
The London Stock Market is on a roll - and with it the DIY Income Investor portfolio, which is showing a total return of 32% in 2016 so far.

There comes a point when you need to take profits; but this is always difficult (if not impossible) to time correctly - selling is much harder than buying.

Monday, 3 October 2016

Lucky Timing (Portfolio Buys)
Usually it is a mug's game to try to time your purchases or sales. The market is such a seething mass of information, opinion, fear and greed that it is almost impossible to know where it is going.

Sometimes, however, you get lucky and buy at the right time...

Thursday, 29 September 2016

Performance Of UK Income Fund Managers

When you are investing, it is quite difficult to know how well your particular approach is working out. This is why, in the past, as a DIY Income Investor I have looked at various benchmarks related specifically to income investing, as opposed to the other investment strategies.

So, imagine my interest in a comparison of the performance (over five years) of the 'best' professional income fund managers...

Tuesday, 6 September 2016

So, You Think You Know What You're Doing?

“ Auguste Rodin (French, 1840-1917), The Thinker

It is quite amazing how faulty our human thinking processes can be.

If you are interested in the distortions - or biases - that we regularly come up with, take a look at this article. See how confident you feel after you have read it!

Friday, 19 August 2016

London's High Yield Dividend ETFs


Investors Chronicle recently (June 2016) published an interesting review of high yield dividend ETFs (Exchange Traded Funds) offered on the London Stock Exchange (there are now, apparently over 30!). I say 'interesting' because there were a few I hadn't heard of.

One of the problems for DIY Income Investors interested in income-producing ETFs is that there is no easy source for the ranking of yield of different ETFs - you have to just hunt around.

Thursday, 11 August 2016

I'm an Investor - Get Me Out Of Here!

Choosing the right investment is hard work. You need to read up on the company, look at the accounts and set the activity against what you know (or think you know) about the wider market. However, I find that selling is even harder than buying.

Share prices go down as well as up. What should you do when this happens? Should you sell? If so when? Here's what I do - but be aware that it doesn't work all the time!

Wednesday, 10 August 2016

Try, Something New (Portfolio Buy)
The DIY Income Investor portfolio continues to storm ahead in (Sterling) value at the moment. It feels somehow strange - but reassuring.

Having become a bit bored by just topping up existing holdings, I decided to try something new...

Wednesday, 3 August 2016

Tax Strategy (UK)

Paying tax is your legal duty, as your civic contribution to paying for the goods and services the local and national governments provide. The range of taxes we pay is quite wide - almost anything we do incurs some kind of taxation.

However, a large number of tax allowances are available for savers and investors. One way of looking at these allowances is that they are intended as 'incentives' to encourage certain types of financial behaviour. It seems to me that, as good citizens, we should respond to these incentives where they are offered. In other words, tax avoidance is (almost) virtuous - helping the government achieve its objectives.