jackdaww wrote:Arborbridge wrote:
Although I don't count my chickens until they are in my account, there are some broad indications of how the end of the year will look for the ArbHYP.
As for capital, well as Wizard and others have pointed out, that's quite a different story!
2017 unit price ended at 138.65, whereas the current price is 122.1, down 11.9%. I suppose one might be grateful for that when you consider the epic turmoil in politics at present.
Arb.
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re the OP.
one of the founding pyad HYP tenets ---
Do not worry about the fluctuations in the underlying capital value of your shares that are certain to occur.
There's a difference between worrying about it and the desire to report accurate figures to show what is happening. It's up to the individual reader whether they think this is "worrying" and what it shows about how successful HYP is. MY aim on the HYP board is to lay out my results as transparently as possible.
From my POV, I'm not diverting from the main thrust of my retirement strategy which (for the moment) is HYP plus IT income plus income OEICS with a few other growth items tucked away. It's a great luxury not to have to worry about fluctuations in capital, which is at the heart of the Zen of HYP - and which onlookers might find extraordinary.
In the wider sense, of course, capital is still important, because if it ever reduced to zero, there could be NO income - but over the shorter temporal scale one just has faith that everntually things will come right for both one's HYP and the system as a whole. If not, we are all up the creek without a paddle, regardless of investment strategy.
Arb.