Search found 73 matches

by Luniversal
September 30th, 2019, 6:27 pm
Forum: Investment Trusts and Unit Trusts
Topic: Basket of Eight: 2019 review
Replies: 32
Views: 3682

Re: Basket of Eight: 2019 review

May I ask some questions please ... By B7 do you mean B8 excluding ... TMPL? Because it is too juicy or sub par yield? --The Basket of Seven is a separate portfolio. One maximises starting income but with less growth; the other, vice versa. Inevitably over nine years overlaps and misfits between th...
by Luniversal
September 26th, 2019, 10:05 pm
Forum: Investment Trusts and Unit Trusts
Topic: Basket of Eight: 2019 review
Replies: 32
Views: 3682

Basket of Eight: 2019 review

The Basket of Eight (B8) was devised in 2010 for the ignorant and apathetic investor who needs to pay bills as they fall due. The portfolio tries for a flow of income from UK equity-based investment trusts. Its purchasing power should at least be constant over time. It should as far as feasible be ...
by Luniversal
September 23rd, 2019, 5:42 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: Thomas Cook Group goes bust.
Replies: 38
Views: 2451

Re: Thomas Cook Group goes bust.

I seem to recall TCG being a popular HYP share in the past? It seems the inevitable has happened and they’ve demised. Condolences to holders out there, and the staff, and all the tourists stranded wherever you are. Ian. When I picked a Footsie folio in mid-2011, TUI Travel (TT.) as was- trading as ...
by Luniversal
September 23rd, 2019, 5:19 pm
Forum: Retirement Investing (inc FIRE)
Topic: Are huge charges inevitable?
Replies: 26
Views: 1860

Re: Are huge charges inevitable?

I'm 52 and thinking of retiring in 5 years, so I thought I'd get my current investments (held by both myself and my wife) looked at by a professional with a view to living off them in perpetuity without too much maintenance hassle in the process. We've got roughly 40% in a HYP (ISA), 20% in a Lunib...
by Luniversal
August 20th, 2019, 5:13 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: The history of HYP4, and the possibility of reviving it
Replies: 55
Views: 2653

Re: The history of HYP4, and the possibility of reviving it

PS: RBS was bought on a trailing 4.7% when the All-Share Index yielded c. 2.7%. Hence it was well into my 'danger zone' (ratio >=160) at ~175. Which, apart from it being High Yield, tells us absolutely nothing, then and now, as to whether it was a suitable HYP candidate. Ian Well, it tells me loads...
by Luniversal
August 19th, 2019, 3:23 pm
Forum: Investment Trusts and Unit Trusts
Topic: Scottish Mortgage and the Eighth Wonder
Replies: 33
Views: 3602

Re: Scottish Mortgage and the Eighth Wonder

"How do you handle the dips?" If you are ploughing back dividends in the manner of my backtest from 1983, you ardently desire the share price to be depressed year after year: it means you pick up loads of shares on reinvestment of income. Then pray that the price suddenly zooms shortly bef...
by Luniversal
August 19th, 2019, 2:50 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: The history of HYP4, and the possibility of reviving it
Replies: 55
Views: 2653

Re: The history of HYP4, and the possibility of reviving it

"There was one review of HYP4 (together with HYP1, HYP2 and HYP3 as well) by pyad in February 2009 ." 2008. And what a difference the year would have made to a review of income, had TMFPyad still been around to appraise the first fallout of the Global Financial Crisis. Then and later nine ...
by Luniversal
July 19th, 2019, 1:41 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: LuniHYP100: Year 8 review
Replies: 3
Views: 1315

Re: LuniHYP100: Year 8 review

https://www.lemonfool.co.uk/viewtopic.php?p=180064#p180064 (In case you were wondering about dividends from Direct Line ..it was discussed in the Year 7 review. ) Thanks for that. I should have noted in the OP that Direct Line (DLG) was bought on Nov. 13 with proceeds from the NEX-TP ICAP bid. I go...
by Luniversal
July 18th, 2019, 8:01 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: LuniHYP100: Year 8 review
Replies: 3
Views: 1315

LuniHYP100: Year 8 review

Here is a eighth-birthday report on LuniHYP100, or 'My HYP' as it was called on The Motley Fool boards(1). It tests vintage-2000 Pyadic principles: fifteen FTSE 100 stocks, equal weights, sound payout records, above-average yields, sectorally varied, all bought within a week, no unforced tinkering. ...
by Luniversal
July 13th, 2019, 1:27 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: LuniHYP250: Year 7 review
Replies: 1
Views: 1077

LuniHYP250: Year 7 review

Yesterday closed the seventh year of what began as a 20-share 'Midcaps HYP' on The Motley Fool. It is now called LuniHYP250, since it limits choice to larger FTSE 250 companies; none was valued at less than half a billion on purchase. Selection was by normal 'pyadic' tests, e.g. dividend history, ge...
by Luniversal
July 1st, 2019, 6:46 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: Vodafone topped up
Replies: 136
Views: 7681

Re: Vodafone topped up

It would be interesting to test whether or not the pool of HYP shares has become smaller. I don't have time to look into it at present, but I suspect there is probably still plenty of choice around. A further point is that retreating to ITs solves nothing, since they are fishing in the same pond (o...
by Luniversal
June 18th, 2019, 1:43 pm
Forum: Investment Trusts and Unit Trusts
Topic: Popularity of Unit Trusts?
Replies: 26
Views: 1853

Re: Popularity of Unit Trusts?

City of London IT is one I've always considered a Closet Tracker. Not so: https://www.lemonfool.co.uk/viewtopic.php?p=228690#p228690 Using gearing, discount control, option-writing, revenue reserving and other devices available to investment trusts, it would be difficult for one to behave as a clos...
by Luniversal
June 11th, 2019, 3:55 pm
Forum: Investment Trusts and Unit Trusts
Topic: New IT selection
Replies: 23
Views: 7268

Re: New IT selection

Interesting, I only looked at the pritty graphs, eg a FTSE 100 tracker v CTY looks remarkably similar, and for the last year the tracker has outperformed it, but only by a bit and only for a year so who's counting. But can you compare CTY to the all-share index, or skew it to FTSE 100 or 350 as I t...
by Luniversal
June 11th, 2019, 1:38 pm
Forum: Investment Trusts and Unit Trusts
Topic: New IT selection
Replies: 23
Views: 7268

Re: New IT selection

[q As for CTY, I prefer JP Claverhouse - CTY is pretty much a FTSE tracker, someone compared its performance to the FTSE 250 on the AIC site and found it didn't diverge much. City of London's accounts for the year to Jun. are due in late Sep. Meanwhile here are some long-distance stats covering the...
by Luniversal
June 6th, 2019, 11:49 pm
Forum: Investment Trusts and Unit Trusts
Topic: Woodford Equity Income Fund Suspends Trading
Replies: 212
Views: 17656

Re: Woodford Equity Income Fund Suspends Trading

This is a great advertisment for investment trusts over open-ended funds. In similar circumstances the investment trust's share price would fall without the need for forced sales. I'd add the proviso "This is a great advertisment for investment trusts without discount controls over open-ended ...
by Luniversal
June 6th, 2019, 11:30 pm
Forum: Investment Trusts and Unit Trusts
Topic: Woodford Equity Income Fund Suspends Trading
Replies: 212
Views: 17656

Re: Woodford Equity Income Fund Suspends Trading

XFool- 'Investment trusts' in the Roaring Twenties had nothing in common with British ITs of 1868 et seq. vintage except the name. The American pyramids such as Blue Ridge were more like unit trusts, and made their difficulties worse by taking in each other's washing. Galbraith's The Great Crash is ...
by Luniversal
June 6th, 2019, 5:30 pm
Forum: Investment Trusts and Unit Trusts
Topic: Woodford Equity Income Fund Suspends Trading
Replies: 212
Views: 17656

Re: Woodford Equity Income Fund Suspends Trading

This is a great advertisment for investment trusts over open-ended funds. In similar circumstances the investment trust's share price would fall without the need for forced sales. Of course, this does not only apply to OEICs. The same also applies to some ETFs where there is a veneer of liquidity i...
by Luniversal
June 4th, 2019, 1:00 pm
Forum: Investment Trusts and Unit Trusts
Topic: HL Fund & IT comparisons
Replies: 8
Views: 3391

Re: HL Fund & IT comparisons

Wanting to find out how various Vanguard trackers have performed against some of the more popular investment trusts I've found this on the HL website (pretty sure that other folk have used it or pointed us in the direction of it in the past - but there's no problem with a reminder once in a while) ...
by Luniversal
June 4th, 2019, 12:41 pm
Forum: Investment Trusts and Unit Trusts
Topic: Suspension of Woodford fund
Replies: 20
Views: 3851

Re: Suspension of Woodford fund

The suspension of Woodford's fund is a reminder of one of the benefits of closed end funds. Not sure why the BBC describe him as a "Top stock-picker". Pendrainllwyn Another benefit, in theory, is that an authorised investment trust is a publicly listed company with an independent board. I...
by Luniversal
May 31st, 2019, 8:37 pm
Forum: Investment Trusts and Unit Trusts
Topic: Basket of Seven: 2019 review
Replies: 12
Views: 5529

Re: Basket of Seven: 2019 review

Do you mean that on those 15 occasions a trust either held its dividend or increased it by less than the then-current inflation rate thus imposing a real terms cut or are you using the "real" there in the less formal way, i.e. that on those 15 occasions a trust really did cut its dividend...

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