Thursday, 30 October 2014

Topping Up (Portfolio Buy)

car fuel guage
Despite keeping away from the depressing market news over the last weeks, I did have some cash sitting doing nothing in the DIY Income Investor portfolio - a situation which always feels a little incomplete to me.

My first choice for investment is to top up one my existing investments - on the basis that 30-or-so different securities constitutes more than enough diversification. And I'm not even sure that I know what is going on with all of them.

So, top-up it is - the key question is: what?

Tuesday, 28 October 2014

Flying on Autopilot

Just who is flying the plane?
Since the start of September 2014 the DIY Income Investor portfolio has been hammered by the world-wide downturn in financial markets. The corner turned in mid-October, with the portfolio's market value recovering to values seen at the middle of the year: it is currently showing a 7% rise in total value for 2014, a far less stellar performance than in recent years.

Hopefully the markets will recover further over the coming weeks. But I have tried not to get too emotional about it all - mainly by leaving the portfolio on autopilot and removing our greatest obstacle to logical decisions: our emotional reaction.

Tuesday, 7 October 2014

Market Stabilisation? (Portfolio Sale)

Image Stabilisation
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After a fairly horrible September for the DIY Income Investor portfolio (producing a 3.2% decline in value), October seems to be beginning as a month of stabilisation, which is a relief.
As usual, if the markets turn nasty, my usual reaction is to 'sit tight', leave the portfolio alone and spend more time on other things. Consequently there is little to report by way of action.

However, I have decided to sell something: can you guess what?