Thursday 29 October 2015

Final Destination


Every now and then you need to take a step back and look at the big picture. Of course, this applies to everything in life, not just investing - but if you have a family, how you manage your money in the longer term does cover a lot of other considerations.

We all need to think carefully about why we are nvesting and what our objectives are. Here's how mine developed.

Saturday 24 October 2015

When It's Time to Sell (Portfolio Sale)

October 2015 has been quite volatile so far. The beginning of the month saw a rapid recovery in the value of the DIY Income Investor portfolio, but it was followed quickly by more jitters, Currently the portfolio is showing a 3.3% gain over the first three weeks of the month but it is still showing a slight loss on 2015 as a whole. It's probably mainly due to China.

But there has been an interesting development in the portfolio - resulting in a sale.

Wednesday 7 October 2015

Sell Grafenia! (Portfolio Sale)

What well-informed readers this blog has! No sooner had I bought Grafenia in February 2015 than 'Anonymous' piped up to tell me it was a mistake.

Today saw a 25% drop in the share price - and he told me (I'm assuming it is a he, and one-and-the-same) that I could get out 'clean', taking into account the dividends (follow the link above to see the comments). He was and is right. I'm out.

But what lessons are there here?