Thursday 27 October 2016
The rapid devaluation of the Pound, following the Brexit vote, boosted the value (in Pounds) of the DIY Income Investor portfolio. That seemed like a market over-reaction to me: and it seems like the currency market is now reappraising Sterling following statements by the Bank of England.
The Pound goes back up and the London Stock Exchange goes back down. Do these fluctuations in currency value offer an opportunity to take quick profits?
Thursday 13 October 2016
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.
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
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
Sometimes, however, you get lucky and buy at the right time...