How was your week?

[tjh290633]

I always keep a record of how the share prices of my investments have changed since the start of the year. What rose one year is often a faller in the next year and vice versa. I'm not at home at the moment, so cannot reproduce the figures, but they are on this site somewhere.

My preference is for nominally equal weighting of holdings, but with action points to flag up overweight shares. Things can move quite rapidly on occasions, so it helps to keep a regular eye on individual holding values.

TJH

To illustrate the point, here is my record of my holdings, ranked by the change in SP since 1st January this year:

Epic     Change    Yield 
BA.       25.82%    2.63%
TSCO      22.35%    3.90%
IMI       19.18%    1.70%
SHEL      18.25%    3.50%
BP.       15.60%    4.02%
ADM       12.92%    4.29%
TW.        7.62%    8.62%
BT.A       7.05%    6.49%
GSK        3.87%    3.65%
UU.        2.78%    4.64%
HLN        1.94%    1.24%
RKT        1.01%    3.19%
AZN       -2.19%    2.11%
NG.       -2.39%    5.75%
PSON      -2.45%    2.41%
LLOY      -4.18%    5.80%
SGRO      -4.22%    3.63%
WDS       -5.78%    9.81%
ULVR      -5.83%    3.83%
AV.       -6.93%    7.71%
BHP       -7.47%    5.96%
SSE       -7.48%    6.14%
TATE      -7.55%    2.78%
VOD       -8.05%   10.08%
RIO      -10.02%    6.36%
KGF      -11.69%    5.91%
SMDS     -12.32%    6.36%
LGEN     -12.51%    8.59%
DGE      -15.51%    2.59%
IMB      -16.71%    8.13%
S32      -19.12%    3.72%
IGG      -19.18%    7.08%
PHP      -19.45%    7.47%
BLND     -21.18%    7.16%
BATS     -24.24%    9.10%

Av.Chg    -2.92%    5.04%

Of the 12 with positive changes, only the oil companies would rank as major. BA. is ranked 16th by capitalisation, Tesco 29th, IMI is 89th. See http://www.stockchallenge.co.uk/ftse.php for a full ranking.

TJH

[Dod101]

I won't lie, this year has been tough, especially for anyone running a HYP. My HYP and my portfolio in general (HYP is not my only strategy) remains somewhere between 5-10% below its Jan peak, and right on the lower end of that range in the week ending 7th Oct.

This shouldn't really be a surprise, but I don't think it's anything to really be worried about - all strategies will go through periods of underperformance. The underlying companies are still the same, just that Mr Market has chosen to value them differently.

If you are living off your portfolio then the last couple years hasn't been good - we are in trickier times now and may be in for a period of sucky returns for a few years, but personally as someone still mid-late career and and in accumulation phase, I will continue to each month build my HYP pot as my main active strategy, while contributing to my Nest pension as a default passive strategy.

Indeed it is the market's job to keep investors worried - if it was easy and losses (even paper losses) didn't cause regret then there would be no risk, and then ultimately no excess return.

It is in times like these that those daft enough to sell some shares and call the proceeds income come unstuck. My income from dividends has more than ‘held up’ I am at least keeping up with inflation. As I have said I depend on dividends for my income and that concentrates the mind.

Dod

[vand]

I won't lie, this year has been tough, especially for anyone running a HYP. My HYP and my portfolio in general (HYP is not my only strategy) remains somewhere between 5-10% below its Jan peak, and right on the lower end of that range in the week ending 7th Oct.

This shouldn't really be a surprise, but I don't think it's anything to really be worried about - all strategies will go through periods of underperformance. The underlying companies are still the same, just that Mr Market has chosen to value them differently.

If you are living off your portfolio then the last couple years hasn't been good - we are in trickier times now and may be in for a period of sucky returns for a few years, but personally as someone still mid-late career and and in accumulation phase, I will continue to each month build my HYP pot as my main active strategy, while contributing to my Nest pension as a default passive strategy.

Indeed it is the market's job to keep investors worried - if it was easy and losses (even paper losses) didn't cause regret then there would be no risk, and then ultimately no excess return.

It is in times like these that those daft enough to sell some shares and call the proceeds income come unstuck. My income from dividends has more than ‘held up’ I am at least keeping up with inflation. As I have said I depend on dividends for my income and that concentrates the mind.

Dod

Well, I am a TR advocate, and I think its a mistake to completely divorce dividend from capital growth and kid yourself that its if your dividend payments hold up as the market price gets cut then its still ok to spend all your dividends.

There's the nagging doubt in the back of the mind that the bumper dividends available at the moment are unsustainably high and will be cut.. I do think this is likely if we have a recession and company earnings take a hit... but then, that said, the FTSE has proven pretty resilient, and dividend cover right now is pretty healthy due to the undemanding valuations.

While I do not advocate being all-in on a HYP strategy (especially for most TFLs as that will concentrate risk into your home market), the worst thing for anyone to do is to switch from one strategy to another right when that one strategy has stopped doing well.. all that does it lock in the inevitable downside of all the strategies that you attempt.

[daveh]

I've just run my spreadsheet for the first time in over a week and everything bar the oil companies seem to be down by between 3 and 8%, so a pretty bad week.

[Steveam]

I'm terribly lazy about checking the capital value but from maximum (Feb 23) I'm down about 7%. I wish I hadn't looked

My income seems to be holding up quite well. My costs are significantly down as I downsized a year ago and my household costs have dropped.

Best wishes,

Steve

[Newroad]

Evening All.

Reprising my earlier post, as I took the "mid month" valuation close of play Wednesday (after the II free regular investing)

Year To Date (to 30/09/2023): +3.76%
Since Peak (from 31/12/2021): -5.82%
Since Inception (i.e. when I started unitising on 30/06/2021): -0.26%

These are all absolute values - not time or inflation adjusted.

Regards, Newroad

[Steveam]

It’s a funny old world … I’m down about 1% today!

Best wishes,

Steve

[1nvest]

One of my holdings is up around +15% year to date, thinking of taking some profit (cash purchase power of stocks).

[CliffEdge]

I check once a year so no idea, will look next June, but I'm a passive investor (thanks to many helpful people on here to whom I am eternally grateful) so will let you know if I'm panicking in 9 months' time or whenever next June is. What month are we in? October? Ah yes, soon be Christmas, again.
Life is short.

[monabri]

Earlier post in this thread.
viewtopic.php?p=619342#p619342

Down approx 6% on the year with all dividends reinvested.

[Dod101]

Earlier post in this thread.
viewtopic.php?p=619342#p619342

Down approx 6% on the year with all dividends reinvested.

With all dividends reinvested that is not good, assuming that dividends might be say 4.5/5%? I was not as bad as that last time I checked about ten days ago but I do not know what has happened since. Currently I am an enforced. passive investor.
Dod

[simoan]

Earlier post in this thread.
viewtopic.php?p=619342#p619342

Down approx 6% on the year with all dividends reinvested.

My portfolio went negative YTD for the first time on Thursday. Down about 0.2% YTD currently on a TR basis. Considering I am 25% cash, that’s a pretty lousy performance. Nothing other than US large cap tech, gold and uranium holdings have done well. Over exposure to UK small caps has been a disaster.

[Gerry557]

just done a quick fag packet calculation as I dont keep a live version (maybe I should add it in) It was a down week last week and Im around 6.1% down on the PF value from year start. Thats with some divis reinvested and some spent.

So similar ball park.

Its probably a top up signal

[vand]

Going further into the pain cave this week...

[Dod101]

Going further into the pain cave this week...

It is not looking too good at the moment at least with the UK market. Is this due to the uncertain political situation or is there something else at work? I am a bit out of touch being incarcerated in a hospital but might try to get a paper tomorrow.

Dod

[CliffEdge]

If the aliens don't get you the taxman will.

[Dicky99]

I'm clinging on to +1.5% ytd but I'm more focused on being 16% poorer than when all this grief started in December 2021 and also now being in the uncomfortable position of having recently deployed the last of my dry powder seemingly prematurely.

[vand]

Going further into the pain cave this week...

It is not looking too good at the moment at least with the UK market. Is this due to the uncertain political situation or is there something else at work? I am a bit out of touch being incarcerated in a hospital but might try to get a paper tomorrow.

Dod

Global thing imo. S&P has violated some key support levels.

Lon term interest rates continue to push to new highs, pressuring risky assets - it makes absolute sense that stocks are selling off when you can get 5% for 10yrs on a government note, no questions asked.

And, as usual, the indexes are being held up by a handful of big stocks and hide the carnage happening underneath the surface.

For whoever said that governments can print money and pile on debt without consequence... are they willing to accept that just perhaps we are undergoing those consequences right now? For those of us a little less bravado and think debt matters...but also struggle to identify exactly how that manifests itself or *how* it matters... maybe this is how it matters? There's a reason Argentina and Turkey governments can't borrow money at 3%...

[Dod101]

It is not looking too good at the moment at least with the UK market. Is this due to the uncertain political situation or is there something else at work? I am a bit out of touch being incarcerated in a hospital but might try to get a paper tomorrow.

Dod

Global thing imo. S&P has violated some key support levels.

Lon term interest rates continue to push to new highs, pressuring risky assets - it makes absolute sense that stocks are selling off when you can get 5% for 10yrs on a government note, no questions asked.

And, as usual, the indexes are being held up by a handful of big stocks and hide the carnage happening underneath the surface.

For whoever said that governments can print money and pile on debt without consequence... are they willing to accept that just perhaps we are undergoing those consequences right now? For those of us a little less bravado and think debt matters...but also struggle to identify exactly how that manifests itself or *how* it matters... maybe this is how it matters? There's a reason Argentina and Turkey governments can't borrow money at 3%...

Yes I am afraid that you are be probably right. I now realise how much I like to keep in touch with what is happening. So far my portfolio is fine with what matters to me which is income but I am surprised that there are not more squeals here re the capital values.

Dod

[88V8]

...I am surprised that there are not more squeals here re the capital values.

We're all HYPers now... or perhaps we just like the colour red.

I try to be pleased when I see a holding underwater, because it affords the opportunity to buy more at a better price.
Mind you, there's underwater, and there's underwater

V8