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Category Archives: Monthly Progress
Back again….losses in the portfolio but not too bad
Its been quite a time since my last post – no excuses except for the fact that it has been impossible to spot trends in the current markets. With volatility at its all time peak it seems that following trends is a thing of the past – for now anyway!
My SIPP has been only about [...]
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April Update
This is starting to get annoying. I have done my best to buy when the moving averages cross upwards and sell when they corss downwards but……as soon as I do the “right thing” it turns out that the evil indicators lied, and I actually did the “wrong thing”.
All the trend following books warned me that this [...]
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Not a good month for my SIPP
What an annoying month it has been. I have managed to throw away all of the gains I made last month so that I am back where I started. The reason for this poor performance was the huge swings in commodity prices that made me sell, buy, and sell again. All transactions were probable at [...]
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February Results – on the up!
Time for the monthly update……and I am quite pleased with progress. I have gained over £1,309 in the month. And all that from one investment!
Month
Cumulative
So a 4% gain in the month has made up over half the losses made in January. The World Index was pretty flat in the month, closing 0.4% down. This means [...]
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January 2008 – progress update
The update for the Month of January doesn’t make pretty reading. The recent volatility saw me exiting most positions as prices crashed, meaning I didn’t have the advantage of the following bounce.
Month
Cumulative
Portfolio
World Index
Portfolio
World Index
Nov-07
-2.7%
-0.8%
-2.7%
-0.8%
Dec-07
5.2%
2.0%
2.4%
1.2%
Jan-08
-9.1%
-7.3%
-6.8%
-6.2%
So I am 6.8% down compared to the World Index which is only 6.2% down. I think that there could be worse [...]
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December 07 Progress Update
Here is the monthly performance update for my SIPP
Month
Cumulative
Portfolio
World Index
Portfolio
World Index
Nov-07
-2.7%
-0.8%
-2.7%
-0.8%
Dec-07
5.2%
2.0%
2.4%
1.2%
So in the two months since adopting this system the fund has grown 2.4%, compared to 1.2% for the MSCI World Index. Early days but an encouraging start……
In absolute terms this is only £795 ($1,600) but I am happy with this.
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An update on my favourite share