Tuesday, 17 February 2015

The Swan Portfolio (Portfolio Sales and Buys)

Dazzling Black Swan Swimming
Hang on, no-one said it could be black!
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The DIY Income Investor portfolio continues to recover from the recent market jitters and is currently only about 1% below its all-time peak value. The average yield - as well as I can measure it - is around 6.1%. And the sun is shining (for the time being).

The portfolio is apparently sailing calmly towards its ultimate destination, which is (potentially) a nirvana-like state of automated tax-free cash generation. But, like the proverbial serene swan, the webbed feet are paddling like crazy underneath the water - because I still like a bit of a flutter.

Monday, 9 February 2015

Portfolio Performance Vs The 'White List'

Which is better?
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It's not always easy to gauge how well the DIY Income Investor portfolio is doing. Usually I compare my performance against benchmark indices. Occasionally I can find some performance stats from other investors that have similar portfolios - but unfortunately, not too many people have tried my 50/50 shares/bonds income portfolio approach.

The latest comparison I have found seems to be encouraging...

Euro If You Want To! (Portfolio Buy)

You row if you want to!
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After a bit of profit-taking, selling a directly-held holding in a dividend share, it was time to get back to main strategy: ramping up the ETFs (Exchange Traded Funds).

I'm not sure I'm going to get much richer investing in ETFs - but that's not the objective. Most investors who have been reasonably successful - and have accumulated a sizeable nest-egg - are probably more interested in retaining what they have, rather than trying to accumulate a lot more.

It also makes the portfolio easier to manage. The only trouble is that ETFs are a bit boring...

Tuesday, 3 February 2015

Breaking the Rules (Portfolio Sale)



As an investor (and if you are reading this, you probably are) - no matter what type of investor you are - you should have developed an investing strategy. This strategy will include three main parts:
  • your basic concept of how the market works (for you particular investment style)
  • your investment 'architecture': the mechanics of buying, holding and selling securities, whilst minimising tax exposure
  • your 'rules' for buying and selling: because, fundamentally, we are all monkey-brains.

Monday, 2 February 2015

AIMing to Please (Portfolio Buy)

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I am generally sitting on the market sidelines at the moment, watching cash trickle in. As I had a bit of loose change available in one of my ISA accounts, I decided, in a moment of boredom, to have a little flutter on AIM (the London-based Alternative Investment Market for smaller companies).

I don't usually bother with small companies, as they can be flaky and unpredictable. Also AIM shares have not been eligible for ISA investors until recently. I look on this purchase as a 'bit of fun' to relieve the boredom of owning an increasing proportion of income-producing ETFs.