Some skin back in
Posted: May 15th, 2017, 12:09 pm
After a change of plan, I'm in a position to rebuild portfolio.
I have in the region of £100k in cash within ISA along with my non ISA holdings worth in the region of £60k.
The plan is to spend the cash in £5000 chunks once a week for the next 20 weeks.
I would be more than happy to (time permitting) attempt to write up my considerations on what I'm going to buy. For the time being, I'm interested in:
Low & Bonar (~LBW) specialist materials
Ibstock (IBST) bricks
As a general point, left to my own devices, I would have a portfolio comprising of little other than engineers and pharma. To hedge myself against the kind of disasters this much focus on sectors could do to me, I'm veer towards a combination HYP/Growth strategy. I try to aim for a total portfolio 3% dividend yield and if the wind is in the right direction a combined return (capital growth + dividends) of about 20% (barring market meltdowns).
I don't target the capital gains as I've found that by trying to reach a performance level, you are often inclined towards companies with a risk profile higher than your comfort zone. If I get 20% it's nice, but I'm not going to chase it, it's my fund and they can't sack me so I can play a longer game than the employed fund managers.
So to get the party started. What would you buy £5k this week and why?
Regards,
B.
I have in the region of £100k in cash within ISA along with my non ISA holdings worth in the region of £60k.
The plan is to spend the cash in £5000 chunks once a week for the next 20 weeks.
I would be more than happy to (time permitting) attempt to write up my considerations on what I'm going to buy. For the time being, I'm interested in:
Low & Bonar (~LBW) specialist materials
Ibstock (IBST) bricks
As a general point, left to my own devices, I would have a portfolio comprising of little other than engineers and pharma. To hedge myself against the kind of disasters this much focus on sectors could do to me, I'm veer towards a combination HYP/Growth strategy. I try to aim for a total portfolio 3% dividend yield and if the wind is in the right direction a combined return (capital growth + dividends) of about 20% (barring market meltdowns).
I don't target the capital gains as I've found that by trying to reach a performance level, you are often inclined towards companies with a risk profile higher than your comfort zone. If I get 20% it's nice, but I'm not going to chase it, it's my fund and they can't sack me so I can play a longer game than the employed fund managers.
So to get the party started. What would you buy £5k this week and why?
Regards,
B.