Originally posted by BigRed
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It seems most people on here have a buy and hold, HYP style of strategy and I suspect several are strongly influenced by the Motley Fool. This seems a good approach so far and I suspect I will stick with it. I put all of my odds & sods of pension funds into a SIPP at the end of 2013 which came to £140k and I'm currently sitting on £152k with a couple of small drawdowns. It's definitely the dividends that make the difference, £5.7k this year so far.
It is important to look at diversifying across sectors. Looking at my shares that have done badly this year they are all related to the oil price collapse, Shell, Weir, ITE, and United Utilities have all suffered from it and yet 12 months ago I was confident the only way was up for prices of a finite resource.
Most of my big gains are related to the housing market, Berkley, Rightmove, Persimmon. As the UK population is forcast to grow via immigration etc up to 2020 and housebuilding never keeping up with demand because government never give the builders a free rein I can only see prices going up in the short to medium term.
My most stupid buy was Tesco, I knew Aldi and Lidl were having a big impact but I was looking for a solid dividend payer in the sector and Tesco looked cheap. They have steadily dropped since I bought them and drastically reduced the dividend.
Anyone having success with a different strategy? looking at the first two posts Oil and Tesco were popular in 2012
It is important to look at diversifying across sectors. Looking at my shares that have done badly this year they are all related to the oil price collapse, Shell, Weir, ITE, and United Utilities have all suffered from it and yet 12 months ago I was confident the only way was up for prices of a finite resource.
Most of my big gains are related to the housing market, Berkley, Rightmove, Persimmon. As the UK population is forcast to grow via immigration etc up to 2020 and housebuilding never keeping up with demand because government never give the builders a free rein I can only see prices going up in the short to medium term.
My most stupid buy was Tesco, I knew Aldi and Lidl were having a big impact but I was looking for a solid dividend payer in the sector and Tesco looked cheap. They have steadily dropped since I bought them and drastically reduced the dividend.
Anyone having success with a different strategy? looking at the first two posts Oil and Tesco were popular in 2012
Yield is running on 5.8% of capital invested (about 4.2% on current value), I am still only 34 so 25 years worth of investing a head of me before I can look to retire, I think I am in a better place than most of my peers at the same age.
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