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Quick Portfolio Review – Q1 has been pretty poor for me – up 1.3%. vs 9% for the FTSE All share.
This is despite being up at various points. My general policy of not runing a stop loss has hurt me. It might be time on my more liquid holdings to consider putting stop losses in. This is very much a function of where we are in the cycle – likely near the top / end and not a general policy. Whilst some people would say that not having stop losses is irredemably reckless I would disagree.
As 2018 is almost over I think it’s time to review the portfolio and performance.
Overall result is -13%. Somewhat depends on calculations – I use broker day end values. so more or less… This can be compared to -9.7% FTSE all share (total return), far below my 30% target for the year. Many ideas havent worked this year so what has saved me is profit which was really from 2017 and rolled over the year end in the calculation – particularly Tejoori.
Long term performance has been strong – still 7X up over the last 10 years – long term chart below: Continue reading “2018 Performance / Portfolio Review -13%, could be worse”
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