Search found 173 matches

by pendas
August 22nd, 2019, 1:14 pm
Forum: Does anyone know?
Topic: Paying off the mortgage.
Replies: 19
Views: 762

Re: Paying off the mortgage.

I don't know if this is relevant anymore with computerised records, but at the time we paid our mortgage off, the bank held the deeds to the house which would have been returned to us on completion. This gave the problem of keeping them somewhere safe. Halifax offered a deed store scheme whereby the...
by pendas
August 22nd, 2019, 8:41 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: My HYP as of 21 Aug 2019.
Replies: 16
Views: 754

Re: My HYP as of 21 Aug 2019.

Even though I reinvest the majority of dividends, I'd struggle to keep my holdings anything like balanced on capital values if I wanted to.

Capital gains range from minus 96% on RBS to plus 149% on Money Supermarket.
by pendas
August 20th, 2019, 8:46 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: The history of HYP4, and the possibility of reviving it
Replies: 55
Views: 1540

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

You can see why my performance has been mediocre with a similar startup. I disposed of both Compass and Rentokil early on. 2008 was terrible year for my investments. At the start of the year I'd invested £72k of life savings in HYP4 picks, added £6k during the year and the year end value was just £4...
by pendas
August 19th, 2019, 9:30 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: The history of HYP4, and the possibility of reviving it
Replies: 55
Views: 1540

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

I first purchased Rentokil in March 2006 at £1.57 so I guess the share featured in earlier demo portfolios.

I sold in Feb 2012 at 76p.

To reconstruct HYP4 I think you will first need to establish rules on when if ever to sell and how to process any rights issues etc.
by pendas
August 18th, 2019, 7:51 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: The history of HYP4, and the possibility of reviving it
Replies: 55
Views: 1540

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

I did hold 7 of the shares mentioned by 31/12/2006 and a total of 13 a year later. I still hold 8 now. There have been many buys and sells over the period each share has been held in my portfolio and my only measure is an annualised return of 2.05% using Friday's closing prices for the remaining sha...
by pendas
August 11th, 2019, 5:52 pm
Forum: High Yield Shares & Strategies - general
Topic: Sell or not sell
Replies: 84
Views: 2230

Re: Sell or not sell

The main difference, in my eyes, is that the level of risk to income from not balancing (as in HYP1) has increased from what it was at the outset, whereas, tjh's top-slice/top-up balancing methodology has kept risk to income relatively constant. The impression I gained, rightly or wrongly from foll...
by pendas
August 11th, 2019, 11:43 am
Forum: High Yield Shares & Strategies - general
Topic: When to draw down the capital
Replies: 24
Views: 1039

When to draw down the capital

Has anyone given thought to this?
If as an income seeker you merely see capital as a means to an end, at what point would you start to draw on the capital to supplement the income?
by pendas
August 10th, 2019, 8:45 am
Forum: High Yield Shares & Strategies - general
Topic: Timing the market has given better results than time in the market
Replies: 34
Views: 1059

Timing the market has given better results than time in the market

It would seem that timing the market has given better results than time in the market in this[Aviva] instance.
Moderator Message:
Moved from Aviva results topic in HYP-P to HYP-G to try and keep that topic focussed. - Chris
by pendas
August 9th, 2019, 7:17 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: Aviva Half Yearly.
Replies: 57
Views: 1754

Re: Aviva Half Yearly.

My initial purchase was of Norwich Union shares at demutualisation in 1997 priced at £3.50. They merged with CGU in 2000 with a conversion of 48 CGU for ever 100 NU shares giving an initial cost of £7.29. I subsequently started a HYP and put the shares, now known as Aviva in there in 2006 and have t...
by pendas
August 8th, 2019, 8:20 am
Forum: Building and DIY
Topic: Pressure Sprayer container leak
Replies: 17
Views: 777

Re: Pressure Sprayer container leak

I would try putting a small self tapping screw through the hole.
by pendas
August 6th, 2019, 10:29 am
Forum: High Yield Shares & Strategies - general
Topic: what I have learnt...
Replies: 10
Views: 1152

Re: what I have learnt...

Arb and me need to go back to school! I have similar total return figures to Arb from 2006. My total return is just 4% more than the dividends received during the period. I do recognise the comment that the majority of shares give a lacklustre performance. Unfortunately the really good performers ha...
by pendas
August 3rd, 2019, 12:01 pm
Forum: Does anyone know?
Topic: Burglar alarms
Replies: 15
Views: 798

Re: Burglar alarms

Further to sg31's comments, I live on an estate and alarms going off is a daily occurrence and is largely ignored not only by the police but by neighbours as most of them are false alarms. Our system does dial up to three numbers until it gets a response. By the time someone gets there it will no do...
by pendas
August 2nd, 2019, 7:24 pm
Forum: Does anyone know?
Topic: Burglar alarms
Replies: 15
Views: 798

Re: Burglar alarms

We have a Yale alarm which is now several years old. I think it's normal to specify on installation only one entry/exit route to provide a delay before the alarm is triggered. To overcome this if we wish to use an alternative door we have a portable keypad which can take with us and can be used to s...
by pendas
May 17th, 2019, 8:39 am
Forum: High Yield Shares & Strategies - general
Topic: Whether HYP (as defined in the guidelines) works
Replies: 179
Views: 5285

Re: Whether HYP (as defined in the guidelines) works

TJH is an enthusiastic and experienced investor and we can all learn from him. He doesn't run a HYP portfolio as per the guidelines but rather has run his own method for many years and long before S. Bland codified his. He found the methods similar enough to align himself to the HYP community but I ...
by pendas
May 12th, 2019, 4:55 pm
Forum: High Yield Shares & Strategies - general
Topic: Whether HYP (as defined in the guidelines) works
Replies: 179
Views: 5285

Re: Whether HYP (as defined in the guidelines) works

Capital gain has unfortunately never been an issue for me even with shares held since privatisation or demutualisation days. (BT, Lloyds, Aviva) I'm now left with a rump of 10 HYP shares in the taxable account all showing a capital loss after first selling those shares showing a gain over the last f...
by pendas
May 12th, 2019, 2:07 pm
Forum: High Yield Shares & Strategies - general
Topic: Whether HYP (as defined in the guidelines) works
Replies: 179
Views: 5285

Re: Whether HYP (as defined in the guidelines) works

I fit the profile of the investor HYP is aimed at. Mine was started in 2006 and has produced a XIRR of just over 5% since then. If I remove the effect of the worst performers, RBS, A&L, Carillion, Centrica and Wood Group (formerly Amec) the XIRR still rises to only 6.7%. It contains most of the ...
by pendas
April 16th, 2019, 2:38 pm
Forum: Financial Software - Discussion
Topic: Issues with Excel spreadsheet for portfolio
Replies: 3
Views: 627

Re: Issues with Excel spreadsheet for portfolio

Have the figures exceeded the column width?
by pendas
March 8th, 2019, 10:05 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: Multiple HYP Portfolos
Replies: 27
Views: 1296

Re: Multiple HYP Portfolos

A consideration not raised so far is the continuation of the full income stream on the death of one partner in a relationship. With accounts held in ISAs the delay could be considerable and the cost of living for one is greater than half the cost of two even if the accounts are equally split. We ini...
by pendas
January 23rd, 2019, 1:09 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: Marstons PLC (MARS) - Trading Update for the 16 weeks to 19 January 2019
Replies: 9
Views: 899

Re: Marstons PLC (MARS) - Trading Update for the 16 weeks to 19 January 2019

It's sitting at number 3 on my HYP top up sheet, but I hold in an unsheltered account at the moment and I'll possibly sell in March to transfer the proceeds to an ISA. Capital is down 32% from purchase and a frozen dividend doesn't inspire me to repurchase. (I normally first sell those shares with t...
by pendas
January 16th, 2019, 12:59 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: Provident Finance Group Trading Update
Replies: 14
Views: 859

Re: Provident Finance Group Trading Update

Thank you Ian for that insight into the company. The issue as always for me is how to long to wait for signs of a recovery. If I traded out of every company that takes a nosedive I'd quickly deplete my capital and who knows what I'd buy into, yet I'm 71 next birthday so don't have all the time in th...

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