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Post by rgs2001uk on Mar 20, 2021 20:49:18 GMT 7
I see the discussions surrounding investing and markets hs ground to halt, is everyone hiding under the couch or crying in their beer? Another day and the 10-year bond creeps higher, it's now flat at 1.72% and markets have fallen yet again. I suppose many people must be asking when this will stop, I'm down 6% from the peak, I'm sure others must be down more, especially those holding SM and similar. The Fed made dovish sounds and told the world that inflation is not a risk but the markets know better! Next, they said they are prepared to let the US economy run hot....that's Fed-speak for keeping interest rates low whilst inflation gorges its way through your pile of cash. The US Dollar Index is down slightly at 91.74, it climbed at the end of February but is now essentially flat. If you were the Fed today, would you really want everyone buying USD and making it stronger, of course not, that would be a real downer for recovery and exports? Markets say interest rates will rise, the Fed says they won't until after 2023, if the 10 yield continues to climb the markets will win, if it doesn't the Fed will win. I'm betting the markets will win and the 10 year will keep climbing and we all know what that won't be good for rates or equities, unfortunately. It might just be that whilst everyone is wary of a markets crash, what happens instead is a gradual and sustained loss of value over time, a slow market crash, that a scary thought. Not all old bean, other fish to fry at the moment. Still waiting for funds from one company to be transfered to another invest company, I am in a financial black hole at the moment, cant buy or sell. After that, portfolio will need a complete overhaul and rebalance. Once the above has been done, will take advantage of the rates for the pommie rupee and transfer, a bird in the hand and all that. Onto more mundane things, have decided to purchase a new car, probably a Honda CRV, Summit Honda at Hua Mark have taken care of me well over the years and I have no problems giving them my business, my problem is, cant get my head aroung the fact it will cost me more than I bought my first house for, eff it, its only money.
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Post by rgs2001uk on Mar 20, 2021 20:51:47 GMT 7
I see the discussions surrounding investing and markets hs ground to halt, is everyone hiding under the couch or crying in their beer? Another day and the 10-year bond creeps higher, it's now flat at 1.72% and markets have fallen yet again. I suppose many people must be asking when this will stop, I'm down 6% from the peak, I'm sure others must be down more, especially those holding SM and similar. The Fed made dovish sounds and told the world that inflation is not a risk but the markets know better! Next, they said they are prepared to let the US economy run hot....that's Fed-speak for keeping interest rates low whilst inflation gorges its way through your pile of cash. The US Dollar Index is down slightly at 91.74, it climbed at the end of February but is now essentially flat. If you were the Fed today, would you really want everyone buying USD and making it stronger, of course not, that would be a real downer for recovery and exports? Markets say interest rates will rise, the Fed says they won't until after 2023, if the 10 yield continues to climb the markets will win, if it doesn't the Fed will win. I'm betting the markets will win and the 10 year will keep climbing and we all know what that won't be good for rates or equities, unfortunately. It might just be that whilst everyone is wary of a markets crash, what happens instead is a gradual and sustained loss of value over time, a slow market crash, that a scary thought. The 40 year run on the ponzi scheme is coming to an end, no longer the shining city on the hill, american exceptionalism, ha ha effin ha.
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chiangmai
Crazy Mango Extraordinaire
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Post by chiangmai on Mar 26, 2021 8:10:25 GMT 7
This is depressing, are we there yet?
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TTFT
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Post by TTFT on Mar 26, 2021 14:06:40 GMT 7
This is depressing, are we there yet?
Just seen the thread heading 'Critique my Portfolio', so if I may:
Never use magenta in pie charts, it is an in-between colour (pink feminine, blue masculine) and will inevitably send out mixed messages.
You might want to use visible borders, it channels the readers focus onto the print.
As an Englishman you should never use frog lingo, 'Critique' is a surrender monkey word. 'Portfolio' is an Italian word but the only substitute would probably be 'Dossier' which is also white flag territory. Therefore, I would lean towards changing the thread title to something like 'Ave a gander at me Portfolio'.
Well there's 3 to be going on with. If you need any more feel free to ask.
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Post by rgs2001uk on Mar 26, 2021 21:04:19 GMT 7
This is depressing, are we there yet? Yes CM finally we are there, why do I feel as if I have just gone 10 rounds with Mike Tyson. This whole sorry saga has highlighted to me the perils of expat life and the impotance of a effin dammed good relationship manager. Onto more mundane things, finally funds transferred to my account. Spoke to stockbroker today and told him to offload the following, www.hl.co.uk/shares/shares-search-results/b/blackrock-smlr-cos-tst-25pwww.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/a/artemis-us-smaller-companies-class-i-accumulation/charts www.hl.co.uk/shares/shares-search-results/b/brunner-investment-trust-ord-25p-shareMy quick back of a fag packet calculations told me, by selling all the above it would release the funds I wish to transfer to Thailand. The holdings sold were as follows as a % of my overall portfolio, Blackrock, 2.5% Artemis, 2% Brunner, 3.5% There is nothing wrong per se, with the stocks sold, I took the path of least resistance, next week portfolio will need to be rebalanced, Croda and Scottish Mort spring to mind.
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chiangmai
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Post by chiangmai on Mar 27, 2021 0:32:31 GMT 7
If I find you're telling porkies, the voodoo doll's coming out.
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AyG
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Post by AyG on Mar 27, 2021 7:01:32 GMT 7
Spoke to stockbroker today and told him to offload the following Artemis US Smaller Companies is my second best performing holding year to date. Its longer term performance has been very good, too.
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Post by rgs2001uk on Mar 27, 2021 20:34:42 GMT 7
Spoke to stockbroker today and told him to offload the following Artemis US Smaller Companies is my second best performing holding year to date. Its longer term performance has been very good, too. I concur, and I have no hesitation in recommending it to others, the irony is, after this is all done and dusted, I may end up buying it back again. My primary aim was to free up funds, it just so happened if I added x y and z, they amounted to the total I wanted, double bonus, reduced my holdings by 3, I am striving to have my total holdings to no more than 10 by the end of the year.
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chiangmai
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Post by chiangmai on Mar 28, 2021 10:56:35 GMT 7
This made me think. I took profit from Artemis SC a short while ago and then reduced my holdings. As a result of my risk reduction exercise, I've currently only 12% in smaller companies, split between the US and the UK. Given the trend towards value stocks, was my cutback premature and does anyone think it should be increased? I'm 15% in cash.
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chiangmai
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Post by chiangmai on Mar 28, 2021 19:00:17 GMT 7
Riddle me this: If I use the KiiD risk levels, 58% of my holdings are above average or high risk. If I use Morningstar risk indicators, 73% of the same portfolio is below average or low risk! Case in point is Artemis, US Small Companies which is: Below Average risk on Morningstar, above-average risk KiiD and high-risk adjusted volatility score on Trustnet. It's Sunday so take your pick, what risk level would you like it to be. I know, today I think we'll call you 0 risk, just for fun!
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chiangmai
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Post by chiangmai on Mar 29, 2021 4:36:53 GMT 7
Many of you will have seen it already, for those that haven't:
Markets opening on Monday is shaping up to be a doozy, why? On Friday, an Asian client of Goldman Sachs dumped USD 20 bill. of stock on the markets in what is known as a block trade. Sales of that magnitude at the same time, are unprecedented. Obviously, share prices were affected and the risk is there are more block trades in process and/or that market will see this as a rush for the exits and the herd could stampede. Many of the shares that were sold represented profit-taking from stock that was unnaturally high priced, others may take that as a cue to act....or they may not! But the investing world does seem to be on edge this morning so stay tuned.
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AyG
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Post by AyG on Mar 29, 2021 7:19:46 GMT 7
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AyG
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Post by AyG on Mar 29, 2021 14:54:47 GMT 7
FTSE barely moved this morning so far. Appears to be a storm in a teacup.
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Post by rgs2001uk on Mar 29, 2021 20:55:48 GMT 7
If I find you're telling porkies, the voodoo doll's coming out. I am not my brothers keeper, best you get them voodoo pins out for your next door neighbour.
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Post by rgs2001uk on Mar 29, 2021 20:57:27 GMT 7
Riddle me this: If I use the KiiD risk levels, 58% of my holdings are above average or high risk. If I use Morningstar risk indicators, 73% of the same portfolio is below average or low risk! Case in point is Artemis, US Small Companies which is: Below Average risk on Morningstar, above-average risk KiiD and high-risk adjusted volatility score on Trustnet. It's Sunday so take your pick, what risk level would you like it to be. I know, today I think we'll call you 0 risk, just for fun! I stopped taking any notice of them years ago, it is what it is. Follow the money and the returns.
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