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.
Continue reading “Porfolio Review Q1 2019” →
Bought into Just retirement group at about 92p a week or so ago. Again, a small position due to volatility, this is 2.5% of my portfolio. I delayed posting this as I wanted to avoid moving the price up and wanted to try and pick some more up at a lower price – but as it is now 100p that isn’t happening any time soon.
This is a life assurer with a 911m market cap trading at a price to book of around 0.5. It has a yield of about 3.4% and a forecast PE of around 5.4. In summary, it is cheap.
You can also buy for free if you sign up via the link here.
Continue reading “JUST retirement Group – an idea whose time has come?” →