Remove ads

Introducing the LemonFools Personal Finance Calculators

Bad start to the year

A helpful place to also put any annual reports etc, of your own portfolios
ap8889
Lemon Slice
Posts: 946
Joined: November 4th, 2016, 10:55 am
Has thanked: 90 times
Been thanked: 193 times

Bad start to the year

#121184

Postby ap8889 » February 28th, 2018, 9:43 pm

Just totted up February's figures. It makes sad reading: The trailing portfolio return, year to date is -3%.

Over the last 12 months I am up 10.7% :D , but the recent dip has definitely dented my numbers.

Happily it is payday! So I have a chance to redeem myself, if I can pick the right holdings to top up....

mickeypops
Lemon Pip
Posts: 78
Joined: November 4th, 2016, 2:10 pm
Has thanked: 17 times
Been thanked: 20 times

Re: Bad start to the year

#121216

Postby mickeypops » March 1st, 2018, 8:54 am

I've done a litte better than that. The FTSE100 is down about 6% for the year. Our funds - me and Mrs MP run SIPPs and Isas, plus employer DC schemes - are down 2.3% for the year when I exclude new savings. With the new money, we're down just 1.3% and I'm happy with that.

We are retiring at the end of April, when we will collect a considerable amount of tax free cash from our employers' DB schemes, so I'm happy to see markets stay flat until I can collect this and invest it at lower prices. Our retirement funds - excluding some DB deferred pensions we both have - are mostly invested in income focussed ITs.

Darwin
Posts: 14
Joined: March 12th, 2018, 6:56 am
Has thanked: 8 times
Been thanked: 10 times

Re: Bad start to the year

#129207

Postby Darwin » March 31st, 2018, 5:08 pm


PinkDalek
Lemon Quarter
Posts: 2336
Joined: November 4th, 2016, 1:12 pm
Has thanked: 419 times
Been thanked: 461 times

Re: Bad start to the year

#129236

Postby PinkDalek » March 31st, 2018, 10:26 pm

1nv35t wrote:Good news if you're looking to add shares, not so good if you're looking to sell. So by the OP saying Bad Start To Year I guess they're selling.


Back then, the OP was looking at buying:

viewtopic.php?p=121184#p121184

ap8889
Lemon Slice
Posts: 946
Joined: November 4th, 2016, 10:55 am
Has thanked: 90 times
Been thanked: 193 times

Re: Bad start to the year

#129244

Postby ap8889 » April 1st, 2018, 6:35 am

Just about to do the months figures. I have a bit of trepidation, as looking at the spreadsheet it is wall to wall red.

ap8889
Lemon Slice
Posts: 946
Joined: November 4th, 2016, 10:55 am
Has thanked: 90 times
Been thanked: 193 times

Re: Bad start to the year

#129246

Postby ap8889 » April 1st, 2018, 7:28 am

Yep, confirmed its another 3% down month on month and 5.9% down year to date. Not disasterous but painful to watch. Payday again so, another VWRL buy order likely, along with a whole raft of bed-and-ISA moves planned this week.

Raptor
Lemon Quarter
Posts: 1293
Joined: November 4th, 2016, 1:39 pm
Has thanked: 67 times
Been thanked: 172 times

Re: Bad start to the year

#129257

Postby Raptor » April 1st, 2018, 9:49 am

I normally do not watch the "portfolio" value that closely but after this went and had a look. Based on January's figures. Febraury was -4.89%. March -2.42% down on February. So -7.31% on the year. Cannot give y-o-y as from April to June last year sold shares to fund project.

Good time to buy? :lol:

Raptor

Lootman
Lemon Quarter
Posts: 3354
Joined: November 4th, 2016, 3:58 pm
Been thanked: 480 times

Re: Bad start to the year

#129280

Postby Lootman » April 1st, 2018, 12:59 pm

1nv35t wrote:Good news if you're looking to add shares, not so good if you're looking to sell. So by the OP saying Bad Start To Year I guess they're selling.

If you already own a lot of shares and are buying only a few more, then you might not be that happy about lower prices.

On the other hand if you are sitting on a big pile of cash waiting for lower prices, then it would be good. But then how long have you been doing that for? Prices have been going up for nearly ten years now so you might have missed a lot of profits.

tjh290633
Lemon Quarter
Posts: 1882
Joined: November 4th, 2016, 11:20 am
Has thanked: 97 times
Been thanked: 527 times

Re: Bad start to the year

#129292

Postby tjh290633 » April 1st, 2018, 2:44 pm

Lower prices are good if you are reinvesting accumulated dividends, with the objective of getting increased income. It's the old story, watch the dividends and not the prices.

An article in yesterday's Telegraph was predicting bumper increases in dividends in 2018. Can't spot it online at the moment.

TJH

Itsallaguess
Lemon Quarter
Posts: 1878
Joined: November 4th, 2016, 1:16 pm
Has thanked: 290 times
Been thanked: 871 times

Re: Bad start to the year

#129302

Postby Itsallaguess » April 1st, 2018, 3:47 pm

tjh290633 wrote:
An article in yesterday's Telegraph was predicting bumper increases in dividends in 2018.

Can't spot it online at the moment.


I think it might be this one Terry -

Embattled investors will be rewarded with a bumper spring payday despite the worst quarter for global stocks in years. Dividends are set to soar to as much as $400bn (£285bn) in the coming months, easing the pain caused by a turbulent start to the year on markets.

Wall Street analysts estimate that dividends could climb to a monthly record of $174bn in May.

Payouts are expected to be driven higher by buoyant global growth and the savings generated from Donald Trump’s huge corporate tax cuts. Morgan Stanley calculated $400bn is set to be paid into investor accounts between March and May in what is typically a high season for dividend payments.

The investment bank argued that the payout will provide “some welcome (temporary) relief” for investors amid a surge in volatility on markets.


https://www.telegraph.co.uk/business/20 ... et-misery/

Cheers,

Itsallaguess

tjh290633
Lemon Quarter
Posts: 1882
Joined: November 4th, 2016, 11:20 am
Has thanked: 97 times
Been thanked: 527 times

Re: Bad start to the year

#129332

Postby tjh290633 » April 1st, 2018, 6:24 pm

Itsallaguess wrote:
tjh290633 wrote:
An article in yesterday's Telegraph was predicting bumper increases in dividends in 2018.

Can't spot it online at the moment.


I think it might be this one Terry -

Embattled investors will be rewarded with a bumper spring payday despite the worst quarter for global stocks in years. Dividends are set to soar to as much as $400bn (£285bn) in the coming months, easing the pain caused by a turbulent start to the year on markets.

Wall Street analysts estimate that dividends could climb to a monthly record of $174bn in May.

Payouts are expected to be driven higher by buoyant global growth and the savings generated from Donald Trump’s huge corporate tax cuts. Morgan Stanley calculated $400bn is set to be paid into investor accounts between March and May in what is typically a high season for dividend payments.

The investment bank argued that the payout will provide “some welcome (temporary) relief” for investors amid a surge in volatility on markets.


https://www.telegraph.co.uk/business/20 ... et-misery/

Cheers,

Itsallaguess


That's the one. Many thanks.

TJH

tjh290633
Lemon Quarter
Posts: 1882
Joined: November 4th, 2016, 11:20 am
Has thanked: 97 times
Been thanked: 527 times

Re: Bad start to the year

#129334

Postby tjh290633 » April 1st, 2018, 6:28 pm

1nv35t wrote:Conceptually a companies value and hence its share price will drop by the amount of dividend transferred off its books (paid to you). Reinvesting dividends when prices are low is in effect no different to not having paid a dividend. Spending dividends instead of not reinvesting them when prices are low is in effect no different to selling low.

We are aware about what happens when a share goes XD, but remember that accumulated dividends are not necessarily invested in the source shares.
The more reliable and less opaque story is to look at total return, price and dividends combined. "Dividends are less volatile than price" is also another misconception, at times dividend values have declined more than share prices. Just a matter of which time period you opt to measure over.

That is no misconception, it is a fact. You have an odd concept of volatility.

TJH

ap8889
Lemon Slice
Posts: 946
Joined: November 4th, 2016, 10:55 am
Has thanked: 90 times
Been thanked: 193 times

Re: Bad start to the year

#142663

Postby ap8889 » May 31st, 2018, 8:53 pm

Well, a bad start to the year has completely turned around with the recent rally. At month end portfolio is showing up 6.2% year to date. So far so good, swinging from semi-disaster to semi-triumph.


Return to “Portfolio Management & Review”

Who is online

Users browsing this forum: No registered users and 1 guest