Post by rgs2001uk on Feb 4, 2018 14:08:41 GMT 7
Fletch you asked several questions, I will try and cover them in this reply, if I can remember them all.
Reason for selling, as previously spoken about on here and with my stockbroker, to reduce my number of holdings.
Doing a bit of spring cleaning, sorting out a few odds and ends, but basically the main decider for me was asking myself, do I really want to hang onto these for the next 5 years or so, the answer was no.
The performance was measured against the top performing shares within my portfolio.
Years ago there was a school of thought, that said, at the end of the year, sell your worst performing 10% and reinvest in your top performing 10%, whether sthats still the case is a topic for another day.
BRWM, I already have indirect exposure through Witan.
More research to be done.
Thanks to all for their input.
BHP Billiton, yes the divi was nice, but its a stock I feel is going nowhere, I put them in the same ctaegory as stocks such as GSK, AstraZeneca and HSBC, nice divis put I see no capital growth.
ABF, was a good performer for me over the years, but recently seems to have lost its way, Brexit concerns?
Whitbread, was basically a freebie investment (on the profits from SAB Miller sales) its performance has been poor, offload and invest elsewhere.
Caledonia, actually hasnt been that bad, put was sold to reduce holdings and reinvest into better performing ITs
I am looking at something I can be confident of holding for the next 5 years with the minimum of tweaking.
Reason for selling, as previously spoken about on here and with my stockbroker, to reduce my number of holdings.
Doing a bit of spring cleaning, sorting out a few odds and ends, but basically the main decider for me was asking myself, do I really want to hang onto these for the next 5 years or so, the answer was no.
The performance was measured against the top performing shares within my portfolio.
Years ago there was a school of thought, that said, at the end of the year, sell your worst performing 10% and reinvest in your top performing 10%, whether sthats still the case is a topic for another day.
BRWM, I already have indirect exposure through Witan.
More research to be done.
Thanks to all for their input.
BHP Billiton, yes the divi was nice, but its a stock I feel is going nowhere, I put them in the same ctaegory as stocks such as GSK, AstraZeneca and HSBC, nice divis put I see no capital growth.
ABF, was a good performer for me over the years, but recently seems to have lost its way, Brexit concerns?
Whitbread, was basically a freebie investment (on the profits from SAB Miller sales) its performance has been poor, offload and invest elsewhere.
Caledonia, actually hasnt been that bad, put was sold to reduce holdings and reinvest into better performing ITs
I am looking at something I can be confident of holding for the next 5 years with the minimum of tweaking.
