|...but not necessarily bearish!|
No posts recently - but then there have not been any changes to the DIY Income Investor portfolio. In any case, with summer on the way there are lots of things more interesting than watching the markets (like Bluegrass festivals!).
And isn't that the Holy Grail of DIY investing - a portfolio that ticks over nicely, while you have fun?
There have been some developments, though...
The markets have been bouncing around with a lot of domestic and international news - but nothing that has triggered any 'sell' signals. So the portfolio remains fully invested, quietly generating a 6% income yield. And the capital value isn't doing too badly, either - bouncing around just under the all-time high of a month or so ago. However, the portfolio return for 2015 is not shaping up to be terribly impressive, with only a 4.2% total return so far - implying that income has provided most of the gain so far. Hopefully this will improve as the year goes on.
Regular reader may recall that recently I put aside my normal caution and piled into Anglo Pacific Group (LSE:APF), the UK-based international mining royalty company. It's still early days but there does seem to be something positive happening to the price.
Another holding that is moving upwards is Berkeley Group Holding (LSE:BKG), the luxury builder. Motley Fool thinks they are going places - with an interesting insight:
"... it is reliant upon foreign buyers for a sizeable chunk of its sales and, with lower interest rates meaning a weaker sterling, the UK should remain a popular place to invest for foreign buyers over the medium to long term."
Wheels within wheels...
However, on a negative side, Huntsworth (LSE:HNT), the mainly medical PR firm has continued to disappoint - perhaps indicating that I should have listened to my own loss-taking 'sell' signal. Still, I'm betting that the tie-up with China's BlueFocus will pay off - eventually.
So, some short-term winners and losers - but nothing that requires immediate attention.
Now, back to having fun...
I am not a financial adviser and the information provided does not constitute financial advice. You should always do your own research on top of what you learn here to ensure that it's right for your specific circumstances.