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MONTHly performance |
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FREE eBOOK 'How to make 6 Figures in Stocks' by Michael Taylor
This is a great read and something I was involved in with regards to helping Michael shape it and review it etc. It is particularly good on simple Accounting stuff and Level2 and is something I am sure both Beginners and Experienced Investors/Traders can get a lot from. Michael is on Twitter as @vilage_idoit and if you click on the Book image to the right, it takes you to his Website, ShiftingShares.com, and the first time you visit there is a Pop-up where you can get the eBook and next time you visit you will find a little Orange Button in the top right hand corner. |
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MONTHLY Performance
For January 2024, my Portfolio was down 2.7%
For February 2024, my Portfolio was down 1.2%
For March 2024, my Portfolio was up 3.9%
For April 2024, my Portfolio was up 3.3%
For May 2024, my Portfolio was up 3.6%
For June 2024, my Portfolio was down 0.6%
For July 2024, my Portfolio was TBA
**Note: These Numbers do not include the Income Portfolio which I pay very little attention to and you can see exactly what is in my various Portfolios if you look at the 'Portfolios' page. All % are based on Starting Value of Portfolio on January 1st and are on Total Exposure Value. The figures for Return on Capital Used will be larger (both Up and Down) because I use Leverage via Spreadbets. I do not monitor the Income Portfolio on a Weekly basis - I will do full Report after Dec 31st for the Year.
Thankfully the pick up in performance in March and April continued very strongly into May but June was almost flat, with a small drop. I note how March, April and May were all above a 3% gain; that's rather nice. I can't complain as I have felt that recent weeks have been quite hard work; and of course a lot of this is down to light summer volumes and bank holiday weeks and of course the General Election. As I type this on the evening of 6th July 2024, my Portfolio is up 7.4% Year to Date, which is not too bad really. Unfortunately my Spreadbet Account is again being a pain, with the drag from a Short on the S&P500 holding it back, despite my efforts to 'Hedge the Hedge' by doing a Long Spreadbet on the Nasdaq. In reality I suspect the weakness in some of my Long UK Spreadbets has hurt and this perhaps will improve. Anyway, despite the drag in the Spreadbet Account, the Return on Capital Employed (ROCE) works out at 9.3% so far; which is well decent.
My Income Portfolio is up 5.2% for 2024 so far - a very sound performance really but it has gone nowhere in the last couple of months and at one point it was up around 7.5%. The GIT (Geared Index Tracker, which uses leverage to boost returns on what is effectively a FTSE100 Tracker Fund), similarly has not really done much in recent weeks - with a gain around 22% Year to Date as of Friday evening 5th July.
So not much to report in the last couple of months really. Things are going pretty well and with a bit of luck on our side, there must be a reasonable chance of adding more in the second half of 2024.
Good luck to everyone, regards, WD.
For February 2024, my Portfolio was down 1.2%
For March 2024, my Portfolio was up 3.9%
For April 2024, my Portfolio was up 3.3%
For May 2024, my Portfolio was up 3.6%
For June 2024, my Portfolio was down 0.6%
For July 2024, my Portfolio was TBA
**Note: These Numbers do not include the Income Portfolio which I pay very little attention to and you can see exactly what is in my various Portfolios if you look at the 'Portfolios' page. All % are based on Starting Value of Portfolio on January 1st and are on Total Exposure Value. The figures for Return on Capital Used will be larger (both Up and Down) because I use Leverage via Spreadbets. I do not monitor the Income Portfolio on a Weekly basis - I will do full Report after Dec 31st for the Year.
Thankfully the pick up in performance in March and April continued very strongly into May but June was almost flat, with a small drop. I note how March, April and May were all above a 3% gain; that's rather nice. I can't complain as I have felt that recent weeks have been quite hard work; and of course a lot of this is down to light summer volumes and bank holiday weeks and of course the General Election. As I type this on the evening of 6th July 2024, my Portfolio is up 7.4% Year to Date, which is not too bad really. Unfortunately my Spreadbet Account is again being a pain, with the drag from a Short on the S&P500 holding it back, despite my efforts to 'Hedge the Hedge' by doing a Long Spreadbet on the Nasdaq. In reality I suspect the weakness in some of my Long UK Spreadbets has hurt and this perhaps will improve. Anyway, despite the drag in the Spreadbet Account, the Return on Capital Employed (ROCE) works out at 9.3% so far; which is well decent.
My Income Portfolio is up 5.2% for 2024 so far - a very sound performance really but it has gone nowhere in the last couple of months and at one point it was up around 7.5%. The GIT (Geared Index Tracker, which uses leverage to boost returns on what is effectively a FTSE100 Tracker Fund), similarly has not really done much in recent weeks - with a gain around 22% Year to Date as of Friday evening 5th July.
So not much to report in the last couple of months really. Things are going pretty well and with a bit of luck on our side, there must be a reasonable chance of adding more in the second half of 2024.
Good luck to everyone, regards, WD.
2023 numbers
For January 2023, my Portfolio was up 4.5%
For February 2023, my Portfolio was down 2.0%
For March 2023, my Portfolio was down 5.1%
For April 2023, my Portfolio was up 1.4%
For May 2023, my Portfolio was down 4.3%
For Jun 2023, my Portfolio was down 0.6%
For July 2023, my Portfolio was up 3.2%
For August 2023, my Portfolio was down 3.1%
For Sept 2023, my Portfolio was down 0.3%
For October 2023, my Portfolio was down 3.6%
For November 2023, my Portfolio was up 5%
For December 2023, my Portfolio was up 7.6%
Total for 2023, my Portfolio was up 2.6%
**Note: These Numbers do not include the Income Portfolio which I pay very little attention to and you can see exactly what is in my various Portfolios if you look at the 'Portfolios' page. All % are based on Starting Value of Portfolio on January 1st and are on Total Exposure Value. The figures for Return on Capital Used will be larger (both Up and Down) because I use Leverage via Spreadbets. I do not monitor the Income Portfolio on a Weekly basis - I will do full Report after Dec 31st for the Year.
Due to my health problems, I am not able to produce a 'Scores on the Doors 2023' blog but I lay out here my 2023 Results at a high level, and if you go to my @WheelieDealer2 TikTok account, you should be able to find about 7 parts of 'Scores on the Doors 2023' videos which go through the results in a lot more detail.
Return on Exposure (this is for the WD40 (becoming the WD30) plus the Long Spreadbet exposure) - up 2.6%
Return on Capital Employed (this allows for the gearing effect of Spreadbets) - up 3%
Return on Spreadbet Account - up 10.1% on the starting capital, but probably more accurately, up 10.8% on the average capital employed.
Return on my WD40 ISA - up 2%
Return on Income Portfolio - up 5.6% (includes dividends)
- Dividend Yield on Income Portfolio starting capital on Jan 1st 2023 - 4.4%
- Dividend Yield on Income Portfolio on finishing capital Dec 31st 2023 - 4.2%
- Dividend received in Income Portfolio £3,164, up 14% on 2022 and the highest ever payout (as it should be !!)
Return on GIT Geared Index Tracker (was the FTSE100 Spreadbet Test System) - up 31%.
Return on my friend's SIPP (she in effect copies my trades with some small differences in weightings) - up 5%
Return on Prudential With Profits Bond - up 1% (a second disappointing year on the trot and I talk about this on the TikTok videos).
My Annual Spend on Living Expenses - £16,512 (this includes £7,166 on Rent). Interestingly this was lower than 2022 despite all the inflation. Trouble is, it just reflects the health problems I have and how my life has been seriously curtailed.
In the TikTok videos I talk more about the 2023 results, but overall I am reasonably happy with how things turned out in a difficult year, although I do feel a bit lucky that both November and December turned out to be very good months and they totally transformed what was looking like a pretty rubbish performance back in October. It felt like a tough year but I proved the GIT a bit more, I moved more towards getting my Portfolio into the WD30 shape I am after and I more than covered my expenditure for the year, so there are some good aspects.
Regards WD.
For February 2023, my Portfolio was down 2.0%
For March 2023, my Portfolio was down 5.1%
For April 2023, my Portfolio was up 1.4%
For May 2023, my Portfolio was down 4.3%
For Jun 2023, my Portfolio was down 0.6%
For July 2023, my Portfolio was up 3.2%
For August 2023, my Portfolio was down 3.1%
For Sept 2023, my Portfolio was down 0.3%
For October 2023, my Portfolio was down 3.6%
For November 2023, my Portfolio was up 5%
For December 2023, my Portfolio was up 7.6%
Total for 2023, my Portfolio was up 2.6%
**Note: These Numbers do not include the Income Portfolio which I pay very little attention to and you can see exactly what is in my various Portfolios if you look at the 'Portfolios' page. All % are based on Starting Value of Portfolio on January 1st and are on Total Exposure Value. The figures for Return on Capital Used will be larger (both Up and Down) because I use Leverage via Spreadbets. I do not monitor the Income Portfolio on a Weekly basis - I will do full Report after Dec 31st for the Year.
Due to my health problems, I am not able to produce a 'Scores on the Doors 2023' blog but I lay out here my 2023 Results at a high level, and if you go to my @WheelieDealer2 TikTok account, you should be able to find about 7 parts of 'Scores on the Doors 2023' videos which go through the results in a lot more detail.
Return on Exposure (this is for the WD40 (becoming the WD30) plus the Long Spreadbet exposure) - up 2.6%
Return on Capital Employed (this allows for the gearing effect of Spreadbets) - up 3%
Return on Spreadbet Account - up 10.1% on the starting capital, but probably more accurately, up 10.8% on the average capital employed.
Return on my WD40 ISA - up 2%
Return on Income Portfolio - up 5.6% (includes dividends)
- Dividend Yield on Income Portfolio starting capital on Jan 1st 2023 - 4.4%
- Dividend Yield on Income Portfolio on finishing capital Dec 31st 2023 - 4.2%
- Dividend received in Income Portfolio £3,164, up 14% on 2022 and the highest ever payout (as it should be !!)
Return on GIT Geared Index Tracker (was the FTSE100 Spreadbet Test System) - up 31%.
Return on my friend's SIPP (she in effect copies my trades with some small differences in weightings) - up 5%
Return on Prudential With Profits Bond - up 1% (a second disappointing year on the trot and I talk about this on the TikTok videos).
My Annual Spend on Living Expenses - £16,512 (this includes £7,166 on Rent). Interestingly this was lower than 2022 despite all the inflation. Trouble is, it just reflects the health problems I have and how my life has been seriously curtailed.
In the TikTok videos I talk more about the 2023 results, but overall I am reasonably happy with how things turned out in a difficult year, although I do feel a bit lucky that both November and December turned out to be very good months and they totally transformed what was looking like a pretty rubbish performance back in October. It felt like a tough year but I proved the GIT a bit more, I moved more towards getting my Portfolio into the WD30 shape I am after and I more than covered my expenditure for the year, so there are some good aspects.
Regards WD.
2022 Performance
For January 2022, my Portfolio was down 3.7%
For February 2022, my Portfolio was down 3.3%
For March 2022, my Portfolio was up 1.1%
For April 2022, my Portfolio was down 4.3%
For May 2022, my Portfolio was down 3%
For June 2022, my Portfolio was down 5.3%
For July 2022, my Portfolio was up 1.4%
For August 2022, my Portfolio was up 0.2%
For September 2022, my Portfolio was down 6%
For October 2022, my Portfolio was up 2.2%
For November 2022, my Portfolio was up 5.1%
For December 2022, my Portfolio was down 1.2%
Total for 2022 to the end of December, my Portfolio is down 16.9%
**Note: These Numbers do not include the Income Portfolio which I pay very little attention to and you can see exactly what is in my various Portfolios if you look at the 'Portfolios' page. All % are based on Starting Value of Portfolio on January 1st and are on Total Exposure Value. The figures for Return on Capital Used will be larger (both Up and Down) because I use Leverage via Spreadbets. I do not monitor the Income Portfolio on a Weekly basis - I will do full Report after Dec 31st for the Year..
For February 2022, my Portfolio was down 3.3%
For March 2022, my Portfolio was up 1.1%
For April 2022, my Portfolio was down 4.3%
For May 2022, my Portfolio was down 3%
For June 2022, my Portfolio was down 5.3%
For July 2022, my Portfolio was up 1.4%
For August 2022, my Portfolio was up 0.2%
For September 2022, my Portfolio was down 6%
For October 2022, my Portfolio was up 2.2%
For November 2022, my Portfolio was up 5.1%
For December 2022, my Portfolio was down 1.2%
Total for 2022 to the end of December, my Portfolio is down 16.9%
**Note: These Numbers do not include the Income Portfolio which I pay very little attention to and you can see exactly what is in my various Portfolios if you look at the 'Portfolios' page. All % are based on Starting Value of Portfolio on January 1st and are on Total Exposure Value. The figures for Return on Capital Used will be larger (both Up and Down) because I use Leverage via Spreadbets. I do not monitor the Income Portfolio on a Weekly basis - I will do full Report after Dec 31st for the Year..
My ongoing health problems mean I cannot sit at my desk and type away (this is why I cannot answer emails easily), and therefore I am just doing a quick summary here of the 2022 performance. Once I am ok, I will catch up on all of this and I want to do a 'Scores on the Doors 2022' blog as well as doing the missing one for 2021.
For 2022, my Income Portfolio was up 10% on the year. This was a decent performance in a generally dreadful year, and I am very pleased with how it turned out. My Spreadbet Account was down 38% on the Capital Employed and obviously suffered because it is mostly a 'mirror' of my Long Portfolio of Shares and my hedging was particularly ineffective due to the health difficulties I have had.
The FTSE100 Test System (now the GIT Geared Index Tracker) was down 7% on the Capital Employed - the Deposit Margin plus the Buffer. Again, I am happy with such a small drop in a really tough year and particularly because I was unable to hedge as I would have liked, due to my health challenges. It is hard to imagine that the GIT will ever get a more nasty 'real world' test out, and it survived pretty well.
I did a series of TikTok videos about the performance of my various portfolios for 2022, and these sit on the WD2 account I think (please see immediately below). These TikTok videos also include things I usually put in the 'Scores on the Doors' blogs, such as my outgoings, dividends received, etc.
If you don't see my Tweets (you are missing out big time !!), then you might not know I have been doing short 3-minute TikTok videos since earlier in 2022. I have an educational account as @wheeliedealer and there is now a @wheeliedealer2 account that does stuff of a time sensitive nature. Check them out; especially if you are new to Investing and Trading.
Regards, WD.
For 2022, my Income Portfolio was up 10% on the year. This was a decent performance in a generally dreadful year, and I am very pleased with how it turned out. My Spreadbet Account was down 38% on the Capital Employed and obviously suffered because it is mostly a 'mirror' of my Long Portfolio of Shares and my hedging was particularly ineffective due to the health difficulties I have had.
The FTSE100 Test System (now the GIT Geared Index Tracker) was down 7% on the Capital Employed - the Deposit Margin plus the Buffer. Again, I am happy with such a small drop in a really tough year and particularly because I was unable to hedge as I would have liked, due to my health challenges. It is hard to imagine that the GIT will ever get a more nasty 'real world' test out, and it survived pretty well.
I did a series of TikTok videos about the performance of my various portfolios for 2022, and these sit on the WD2 account I think (please see immediately below). These TikTok videos also include things I usually put in the 'Scores on the Doors' blogs, such as my outgoings, dividends received, etc.
If you don't see my Tweets (you are missing out big time !!), then you might not know I have been doing short 3-minute TikTok videos since earlier in 2022. I have an educational account as @wheeliedealer and there is now a @wheeliedealer2 account that does stuff of a time sensitive nature. Check them out; especially if you are new to Investing and Trading.
Regards, WD.
2021 numbers
For January 2021, my Portfolio was up 1.6%
For February 2021, my Portfolio was up 2.4%
For March 2021, my Portfolio was up 3.7%
For April 2021, my Portfolio was up 6.9%
For May 2021, my Portfolio was down 0.7%
For June 2021, my Portfolio was up 0.75%
For July 2021, my Portfolio was up 2.7%
For August 2021, my Portfolio was up 3.9%
For September 2021, my Portfolio was down 2.7%
For October 2021, my Portfolio was down 4.5%
For November 2021, my Portfolio was down 5.6%
For December 2021, my Portfolio was up 4.5%
Total for 2021, my Portfolio was up 12.9%
**Note: These Numbers do not include the Income Portfolio which I pay very little attention to and you can see exactly what is in my various Portfolios if you look at the 'Portfolios' page. All % are based on Starting Value of Portfolio on January 1st and are on Total Exposure Value. The figures for Return on Capital Used will be larger (both Up and Down) because I use Leverage via Spreadbets. I do not monitor the Income Portfolio on a Weekly basis - I will do full Report after Dec 31st for the Year..
Unfortunately due to my ongoing health challenges (if you do not follow my Tweets or listen to the Podcast, the latest news is that they have at long last diagnosed a Bladder Stone and I am now waiting for a treatment date, but I suspect that will be many months away. It is quite painful and very frustrating because it stops me doing things), I have not been able to produce the 'Scores on the Doors 2021' blog yet, but my intention is to do this once I am able to. In the meantime (which could be quite a long 'meantime') I lay out here my 2021 Results:
Return on Exposure (this is for the WD40 plus the Long Spreadbet exposure) - up 12.9%
Return on Capital Employed (this allows for the gearing effect of Spreadbets) - up 16.3%
Return on Spreadbet Account - up 8%
Return on my WD40 ISA - up 20%
Return on Income Portfolio - up 16.7% (includes dividends)
Return on FTSE100 Spreadbet Test System - up £714, which is 16.5%, in 6 months.
Return on my friend's SIPP (she in effect copies my trades with some small differences in weightings) - up 21.8%
Return on Prudential With Profits Bond - up 1% (this is low and I suspect it is a bit skewed because in 2020 it was up about 12% I think, and I have gone from taking the total in April to taking it at the end of December).
My Annual Spend on Living Expenses - £16,850 (this includes £6,560 on Rent).
So, that's the gory details. Overall I can't complain, but it is clear that my Spreadbet Account performance was poor and it has dragged down my overall results, and it has in essence highlighted that having a big Paypal PYPL position was fine when things were going well, but has hurt me once it collapsed. The lesson is that my Long Spreadbet positions need to be fairly equally balanced.
The performance of my Income Portfolio was extremely pleasing; especially because I did very little to it. In 2020 it was down something like 6%, so this strong rebound has got it up near the historical 7/8% CAGR it had been managing. On top of this, it is worth appreciating that I wasn't particularly prompt at reinvesting Cash received from dividends or from some sales that happened in recent times, and this was sub-optimal in terms of the Dividends received. However, in a way it does make everything more 'real world' because it shows how I am always chasing around for Cash. I am asset rich but cash poor !! In a similar vein, I withdrew a chunk of Cash from my WD40 ISA during the year, so there was not so much reinvestment as there should be. This suggests that if I had done the reinvestment, the Returns would have been a bit better, but it is only marginal really.
My friends SIPP was better than any of my Portfolios which is typically annoying. This is partly because of the drag from my poor Spreadbet performance, but is also because her SIPP does not match my WD40 ISA; her SIPP has some of the Stocks that are in my Income Portfolio as well. She does no withdrawal from her SIPP.
In terms of expenditure, I spent more than I did in 2020 when we were in Lockdown a lot, but even so 2021 was lower than the £18,000 a year that I normally expect. My Rent is so low because I live in a Housing Association Bungalow and get a very low deal.
Anyway, that gives a sense of how I did in 2021 and I will produce the 'Scores on the Doors 2021' once I am fit and able to. In addition, once January 2022 is complete, I will start a new Monthly breakdown list and I will move the Monthly figures for 2021 down to the bottom of this page, where you can find the breakdown for 2020.
regards, WD.
Oh, I have changed the format slightly on my 'Portfolios' page and now if you go to the WD40 Table further down, then Stocks that I have now sold out of are highlighted in Red and Stocks that are new to the WD40 are highlighted in Pink. I hope this helps make the situation clearer but all Trades are on the 'Trades' page anyway.
I have taken the Monthly Breakdown for 2020 and put it right at the bottom of this website page and I will do that with all years in future. Hopefully over time a record of many years will appear and we might see some intriguing patterns.
Recently I published the 'Scores on the Doors 2020' blog which has all the full breakdowns of how my Portfolios etc. did in 2020 and you can read that here:
https://wheeliedealer.weebly.com/educational-blogs/scores-on-the-doors-2020
If you visit my Website quite often you may have noticed that I have been rather rubbish at updating this page in recent months and I keep saying I will get around to it and failing miserably. Anyway, I have been mulling it over and decided that recording my Weekly Performance here was a bit silly really because in my Weekend Blogs each one includes how I did in the previous Week and I also tweet out my Weekly Performance usually on a Friday evening anyway.
On top of that I have been struggling to find the time to do an update of the Weekly Performance, and as a result of all these excuses, I have decided that a list of the Monthly Performance where I record how each Month has done is of more use and it will give Readers a good picture of how my Portfolio is progressing through the Year, through the Highs and no doubt through the Lows !! In line with this change, I have altered the name of the page to something more appropriate and hopefully this will reduce hugely the effort needed for me to update the page each Month.
Cheers WD.
**THE TEXT BELOW IS QUITE SIMLAR TO PREVIOUS UPDATES (but I quite like some of the text there and it is worth reading) AND THERE IS A GORGEOUS CAR PHOTO AT THE BOTTOM !!**
I see the Hedging as an 'Overlay' which is layered onto my normal Long Shares activities and clearly the trouble I have had this year is down to utter incompetence in this department but as I discussed in a recent Blog, I think this is perfectly fixable by the addition of strict Stoplosses and appropriate Position Sizes and this is what I will do going forwards. In addition, I have got more and more experienced at 'reading' the Index Charts and I expect to do occasional small Long Index Spreadbets next year and again I will be using careful and disciplined Stoplosses. I think this approach could add a few % to my Returns each year and I quite enjoy the immense challenge !!
If you look at this Blog I issued on 3rd November it explains my adjusted Hedging approach:
https://wheeliedealer2.weebly.com/stocks--markets-blog/need-to-be-smart-not-dumb
I often find that 'doing nothing' actually improves my Investment Returns and I am comfortable knowing I have some pretty decent Stocks on the whole and I will just sit back and let them work hard for me. As much as I love mucking about with the Markets and stuff I also realised the importance of 'Work/Life Balance' and Life is simply too short. Remember, as Warren Buffett says, each Day we are on this Planet becomes marginally more valuable - it is vital to not waste our limited time of breathing the World's fine Air !!
There is an important lesson here - when you hold Quality Stocks and you have paid reasonable Prices for them (or in many cases they are just obviously cheap !!) when you go through a Tough Period, which inevitably will happen from time to time, you need to have confidence in your Positions and ride out the rough patch which a Diversified Portfolio seems to pretty much always manage to do (and the odd bit of Hedging via Index Shorts can help remove some Market Risk). The most stupid and costly thing you can do is to panic and freak out and sell all your Stocks and do silly things because you have let your Fear Emotion get the better of you and you are not being Robotic and Rational and going back to first principles and reviewing the Companies you hold and above all just having faith in your own abilities. OK, that is easy for me to say because after nearly 20 Years I have a rough idea of what I am doing and I know that mostly my Stock choices and the way I manage my Portfolio does tend to work - albeit with the occasional wobbly moment. It is vital to get your Selling done BEFORE the Markets tank - not whilst we are in the thick of it and they are about to Bounce - we had plenty of warning that a Drop was coming and anyway the Markets nearly always go smelly in the Autumn.
A positive factor is that we still have extremely low Interest Rates and I just cannot see this changing for a long time - the Government is hugely indebted and getting more so, and any rises would make it very difficult to fund Public Spending and must raise the spectre of a Debt Crisis etc. (think Greece). On top of that many Consumers are up to their necks in Debt and the BOE knows that higher Rates could tip many of them into Bankruptcy - that is very much in their minds when they are debating Interest Rates I am sure.
I am concerned that something is very wrong in the Bond Market - with all this Central Bank NIRP (Negative Interest Rates) and QE Policies, in effect Bonds have become correlated almost exactly with Stocks - this is a dangerous situation because it means that you cannot hold Bonds to give Safety in a Portfolio because you need something that moves Inversely to Stocks (as Bonds used to do for most of the last 30 years). It's messy and I think this could morph into larger problems (but perhaps not for a few years - hard to know).
I am in the habit of updating my Portfolio Value every Day and I keep very close tabs on the Performance of the Portfolio. On the downside, this runs the risk of affecting my psychology and making me too focussed on small movements and 'Noise' but on the upside, it is very much sticking to an approach that has delivered for me over countless years and because I use a fair chunk of Leverage via Spreadbets, it is important that I understand my Exposure and Risk at all times. I fully understand why people only monitor their Performance on a Weekly or Monthly basis and for many Long Term Investors this is probably the best way to do things - especially if you are new to the game - if anything, I would recommend a Weekly count up of where you are. A side effect of my Daily Monitoring is that it keeps me sharp on exactly what the Charts of my Stocks are doing - I think this is important for the way I do things with regard to understanding the 'Price Waves' of how my Stocks are wiggling around. A positive of Daily Monitoring is that at least you can feel like you are doing something - one of the biggest dangers is 'tinkering' with your Portfolio and trading too much for no good reason - at least regular monitoring makes me think I am doing something useful !!
Note I wrote a Blog entitled 'Reporting End of Day Numbers and the ADVFN App' back on 4th October 2017 which explains how and why I do these Daily checks and you can read it here:
http://wheeliedealer.weebly.com/educational-blogs/reporting-end-of-day-numbers-and-the-advfn-app
The Markets are a bit mystifying to me at the moment - we seem to have immense Global Risks and a very fragile Financial System which is jammed to the hilt with Debt. Bond Yields make no sense at all and Bonds seem to be the Biggest Bubble since the last one !! I guess I could have said the same for much of the last 9 years but the difference now is that the Bubble has been pumped up a huge amount more - and that applies to pretty much all Asset Classes. It is worth remembering the old adage that "Markets climb a wall of worry" - so perhaps what we are experiencing is actually quite normal and it always seems like Economies are going to the dogs but Stocks rise nonetheless - there could be some truth in this.
If you are truly at a Loose End and bored out of your brain, you could have a dig through my Blog Archive - lots of stuff in there which might help your Trading/Investing activities - it even incorporates a Search Box now !!
For February 2021, my Portfolio was up 2.4%
For March 2021, my Portfolio was up 3.7%
For April 2021, my Portfolio was up 6.9%
For May 2021, my Portfolio was down 0.7%
For June 2021, my Portfolio was up 0.75%
For July 2021, my Portfolio was up 2.7%
For August 2021, my Portfolio was up 3.9%
For September 2021, my Portfolio was down 2.7%
For October 2021, my Portfolio was down 4.5%
For November 2021, my Portfolio was down 5.6%
For December 2021, my Portfolio was up 4.5%
Total for 2021, my Portfolio was up 12.9%
**Note: These Numbers do not include the Income Portfolio which I pay very little attention to and you can see exactly what is in my various Portfolios if you look at the 'Portfolios' page. All % are based on Starting Value of Portfolio on January 1st and are on Total Exposure Value. The figures for Return on Capital Used will be larger (both Up and Down) because I use Leverage via Spreadbets. I do not monitor the Income Portfolio on a Weekly basis - I will do full Report after Dec 31st for the Year..
Unfortunately due to my ongoing health challenges (if you do not follow my Tweets or listen to the Podcast, the latest news is that they have at long last diagnosed a Bladder Stone and I am now waiting for a treatment date, but I suspect that will be many months away. It is quite painful and very frustrating because it stops me doing things), I have not been able to produce the 'Scores on the Doors 2021' blog yet, but my intention is to do this once I am able to. In the meantime (which could be quite a long 'meantime') I lay out here my 2021 Results:
Return on Exposure (this is for the WD40 plus the Long Spreadbet exposure) - up 12.9%
Return on Capital Employed (this allows for the gearing effect of Spreadbets) - up 16.3%
Return on Spreadbet Account - up 8%
Return on my WD40 ISA - up 20%
Return on Income Portfolio - up 16.7% (includes dividends)
Return on FTSE100 Spreadbet Test System - up £714, which is 16.5%, in 6 months.
Return on my friend's SIPP (she in effect copies my trades with some small differences in weightings) - up 21.8%
Return on Prudential With Profits Bond - up 1% (this is low and I suspect it is a bit skewed because in 2020 it was up about 12% I think, and I have gone from taking the total in April to taking it at the end of December).
My Annual Spend on Living Expenses - £16,850 (this includes £6,560 on Rent).
So, that's the gory details. Overall I can't complain, but it is clear that my Spreadbet Account performance was poor and it has dragged down my overall results, and it has in essence highlighted that having a big Paypal PYPL position was fine when things were going well, but has hurt me once it collapsed. The lesson is that my Long Spreadbet positions need to be fairly equally balanced.
The performance of my Income Portfolio was extremely pleasing; especially because I did very little to it. In 2020 it was down something like 6%, so this strong rebound has got it up near the historical 7/8% CAGR it had been managing. On top of this, it is worth appreciating that I wasn't particularly prompt at reinvesting Cash received from dividends or from some sales that happened in recent times, and this was sub-optimal in terms of the Dividends received. However, in a way it does make everything more 'real world' because it shows how I am always chasing around for Cash. I am asset rich but cash poor !! In a similar vein, I withdrew a chunk of Cash from my WD40 ISA during the year, so there was not so much reinvestment as there should be. This suggests that if I had done the reinvestment, the Returns would have been a bit better, but it is only marginal really.
My friends SIPP was better than any of my Portfolios which is typically annoying. This is partly because of the drag from my poor Spreadbet performance, but is also because her SIPP does not match my WD40 ISA; her SIPP has some of the Stocks that are in my Income Portfolio as well. She does no withdrawal from her SIPP.
In terms of expenditure, I spent more than I did in 2020 when we were in Lockdown a lot, but even so 2021 was lower than the £18,000 a year that I normally expect. My Rent is so low because I live in a Housing Association Bungalow and get a very low deal.
Anyway, that gives a sense of how I did in 2021 and I will produce the 'Scores on the Doors 2021' once I am fit and able to. In addition, once January 2022 is complete, I will start a new Monthly breakdown list and I will move the Monthly figures for 2021 down to the bottom of this page, where you can find the breakdown for 2020.
regards, WD.
Oh, I have changed the format slightly on my 'Portfolios' page and now if you go to the WD40 Table further down, then Stocks that I have now sold out of are highlighted in Red and Stocks that are new to the WD40 are highlighted in Pink. I hope this helps make the situation clearer but all Trades are on the 'Trades' page anyway.
I have taken the Monthly Breakdown for 2020 and put it right at the bottom of this website page and I will do that with all years in future. Hopefully over time a record of many years will appear and we might see some intriguing patterns.
Recently I published the 'Scores on the Doors 2020' blog which has all the full breakdowns of how my Portfolios etc. did in 2020 and you can read that here:
https://wheeliedealer.weebly.com/educational-blogs/scores-on-the-doors-2020
If you visit my Website quite often you may have noticed that I have been rather rubbish at updating this page in recent months and I keep saying I will get around to it and failing miserably. Anyway, I have been mulling it over and decided that recording my Weekly Performance here was a bit silly really because in my Weekend Blogs each one includes how I did in the previous Week and I also tweet out my Weekly Performance usually on a Friday evening anyway.
On top of that I have been struggling to find the time to do an update of the Weekly Performance, and as a result of all these excuses, I have decided that a list of the Monthly Performance where I record how each Month has done is of more use and it will give Readers a good picture of how my Portfolio is progressing through the Year, through the Highs and no doubt through the Lows !! In line with this change, I have altered the name of the page to something more appropriate and hopefully this will reduce hugely the effort needed for me to update the page each Month.
Cheers WD.
**THE TEXT BELOW IS QUITE SIMLAR TO PREVIOUS UPDATES (but I quite like some of the text there and it is worth reading) AND THERE IS A GORGEOUS CAR PHOTO AT THE BOTTOM !!**
I see the Hedging as an 'Overlay' which is layered onto my normal Long Shares activities and clearly the trouble I have had this year is down to utter incompetence in this department but as I discussed in a recent Blog, I think this is perfectly fixable by the addition of strict Stoplosses and appropriate Position Sizes and this is what I will do going forwards. In addition, I have got more and more experienced at 'reading' the Index Charts and I expect to do occasional small Long Index Spreadbets next year and again I will be using careful and disciplined Stoplosses. I think this approach could add a few % to my Returns each year and I quite enjoy the immense challenge !!
If you look at this Blog I issued on 3rd November it explains my adjusted Hedging approach:
https://wheeliedealer2.weebly.com/stocks--markets-blog/need-to-be-smart-not-dumb
I often find that 'doing nothing' actually improves my Investment Returns and I am comfortable knowing I have some pretty decent Stocks on the whole and I will just sit back and let them work hard for me. As much as I love mucking about with the Markets and stuff I also realised the importance of 'Work/Life Balance' and Life is simply too short. Remember, as Warren Buffett says, each Day we are on this Planet becomes marginally more valuable - it is vital to not waste our limited time of breathing the World's fine Air !!
There is an important lesson here - when you hold Quality Stocks and you have paid reasonable Prices for them (or in many cases they are just obviously cheap !!) when you go through a Tough Period, which inevitably will happen from time to time, you need to have confidence in your Positions and ride out the rough patch which a Diversified Portfolio seems to pretty much always manage to do (and the odd bit of Hedging via Index Shorts can help remove some Market Risk). The most stupid and costly thing you can do is to panic and freak out and sell all your Stocks and do silly things because you have let your Fear Emotion get the better of you and you are not being Robotic and Rational and going back to first principles and reviewing the Companies you hold and above all just having faith in your own abilities. OK, that is easy for me to say because after nearly 20 Years I have a rough idea of what I am doing and I know that mostly my Stock choices and the way I manage my Portfolio does tend to work - albeit with the occasional wobbly moment. It is vital to get your Selling done BEFORE the Markets tank - not whilst we are in the thick of it and they are about to Bounce - we had plenty of warning that a Drop was coming and anyway the Markets nearly always go smelly in the Autumn.
A positive factor is that we still have extremely low Interest Rates and I just cannot see this changing for a long time - the Government is hugely indebted and getting more so, and any rises would make it very difficult to fund Public Spending and must raise the spectre of a Debt Crisis etc. (think Greece). On top of that many Consumers are up to their necks in Debt and the BOE knows that higher Rates could tip many of them into Bankruptcy - that is very much in their minds when they are debating Interest Rates I am sure.
I am concerned that something is very wrong in the Bond Market - with all this Central Bank NIRP (Negative Interest Rates) and QE Policies, in effect Bonds have become correlated almost exactly with Stocks - this is a dangerous situation because it means that you cannot hold Bonds to give Safety in a Portfolio because you need something that moves Inversely to Stocks (as Bonds used to do for most of the last 30 years). It's messy and I think this could morph into larger problems (but perhaps not for a few years - hard to know).
I am in the habit of updating my Portfolio Value every Day and I keep very close tabs on the Performance of the Portfolio. On the downside, this runs the risk of affecting my psychology and making me too focussed on small movements and 'Noise' but on the upside, it is very much sticking to an approach that has delivered for me over countless years and because I use a fair chunk of Leverage via Spreadbets, it is important that I understand my Exposure and Risk at all times. I fully understand why people only monitor their Performance on a Weekly or Monthly basis and for many Long Term Investors this is probably the best way to do things - especially if you are new to the game - if anything, I would recommend a Weekly count up of where you are. A side effect of my Daily Monitoring is that it keeps me sharp on exactly what the Charts of my Stocks are doing - I think this is important for the way I do things with regard to understanding the 'Price Waves' of how my Stocks are wiggling around. A positive of Daily Monitoring is that at least you can feel like you are doing something - one of the biggest dangers is 'tinkering' with your Portfolio and trading too much for no good reason - at least regular monitoring makes me think I am doing something useful !!
Note I wrote a Blog entitled 'Reporting End of Day Numbers and the ADVFN App' back on 4th October 2017 which explains how and why I do these Daily checks and you can read it here:
http://wheeliedealer.weebly.com/educational-blogs/reporting-end-of-day-numbers-and-the-advfn-app
The Markets are a bit mystifying to me at the moment - we seem to have immense Global Risks and a very fragile Financial System which is jammed to the hilt with Debt. Bond Yields make no sense at all and Bonds seem to be the Biggest Bubble since the last one !! I guess I could have said the same for much of the last 9 years but the difference now is that the Bubble has been pumped up a huge amount more - and that applies to pretty much all Asset Classes. It is worth remembering the old adage that "Markets climb a wall of worry" - so perhaps what we are experiencing is actually quite normal and it always seems like Economies are going to the dogs but Stocks rise nonetheless - there could be some truth in this.
If you are truly at a Loose End and bored out of your brain, you could have a dig through my Blog Archive - lots of stuff in there which might help your Trading/Investing activities - it even incorporates a Search Box now !!
2020 numbers
For January 2020, my Portfolio was up 0.6%
For February 2020, my Portfolio was down 7.3%
For March 2020, my Portfolio was down 13.1%
For April 2020, my Portfolio was up 10%
For May 2020, my Portfolio was up 7.3%
For June 2020, my Portfolio was down 1.8%
For July 2020, my Portfolio was down 1.9%
For August 2020, my Portfolio was up 5.4%
For September 2020, my Portfolio was up 2.9%
For October 2020, my Portfolio was down 0.4%
For November 2020, my Portfolio was up 7.7%
For December 2020, my Portfolio was up 3%
TOTAL for 2020, my Portfolio was up 12.3%
**Note: These Numbers do not include the Income Portfolio which I pay very little attention to and you can see exactly what is in my various Portfolios if you look at the 'Portfolios' page. All % are based on Starting Value of Portfolio on January 1st and are on Total Exposure Value. The figures for Return on Capital Used will be larger (both Up and Down) because I use Leverage via Spreadbets. I do not monitor the Income Portfolio on a Weekly basis - I will do full Report after Dec 31st for the Year.
Well that finishes off 2020 and I am rather surprised by just how strong November was and it stands out to me that all of the gains I made for 2020 were actually delivered in those last 2 months. I guess that is not a huge shock if we recall the normal Seasonal Patterns by which the Winter months are always the best. In fact, a remarkable thing about 2020 is that despite all the drama and bizarre market moves we had, it actually followed the normal Seasonal pattern extremely well.
Adding the numbers for November and December has completed the Months for 2020 but I am typing this on the evening of 20th January so it will soon be time to move on to the numbers for 2021. My plan is to take the Monthly Breakdown for 2021 and to shove it right at the bottom of this website page and I will do that with all years in future. Hopefully over time a record of many years will appear and we might see some intriguing patterns.
Last night I published the 'Scores on the Doors 2020' blog which has all the full breakdowns of how my Portfolios etc. did in 2020 and you can read that here:
https://wheeliedealer.weebly.com/educational-blogs/scores-on-the-doors-2020
If you keep an eye on my Weekend 'Stocks & Markets Blogs' then you should get a good idea of what I am up to and how I see things playing out. In addition, the 'Twin Petes Investing Podcasts' I record with Peter @Conkers3 usually have a load of discussion about how we see things developing.
During the darkest days of the Coronavirus sell-off, my Portfolio hit a low point of down 28.2% which was on the 18th March 2020. I had seen my Portfolio back at Breakeven in June but I then got spanked on Boohoo BOO which was probably my largest Position and around the same time I got hurt on an Index Trade which I messed up on (see the 'Trades' page and it is all on there).
For February 2020, my Portfolio was down 7.3%
For March 2020, my Portfolio was down 13.1%
For April 2020, my Portfolio was up 10%
For May 2020, my Portfolio was up 7.3%
For June 2020, my Portfolio was down 1.8%
For July 2020, my Portfolio was down 1.9%
For August 2020, my Portfolio was up 5.4%
For September 2020, my Portfolio was up 2.9%
For October 2020, my Portfolio was down 0.4%
For November 2020, my Portfolio was up 7.7%
For December 2020, my Portfolio was up 3%
TOTAL for 2020, my Portfolio was up 12.3%
**Note: These Numbers do not include the Income Portfolio which I pay very little attention to and you can see exactly what is in my various Portfolios if you look at the 'Portfolios' page. All % are based on Starting Value of Portfolio on January 1st and are on Total Exposure Value. The figures for Return on Capital Used will be larger (both Up and Down) because I use Leverage via Spreadbets. I do not monitor the Income Portfolio on a Weekly basis - I will do full Report after Dec 31st for the Year.
Well that finishes off 2020 and I am rather surprised by just how strong November was and it stands out to me that all of the gains I made for 2020 were actually delivered in those last 2 months. I guess that is not a huge shock if we recall the normal Seasonal Patterns by which the Winter months are always the best. In fact, a remarkable thing about 2020 is that despite all the drama and bizarre market moves we had, it actually followed the normal Seasonal pattern extremely well.
Adding the numbers for November and December has completed the Months for 2020 but I am typing this on the evening of 20th January so it will soon be time to move on to the numbers for 2021. My plan is to take the Monthly Breakdown for 2021 and to shove it right at the bottom of this website page and I will do that with all years in future. Hopefully over time a record of many years will appear and we might see some intriguing patterns.
Last night I published the 'Scores on the Doors 2020' blog which has all the full breakdowns of how my Portfolios etc. did in 2020 and you can read that here:
https://wheeliedealer.weebly.com/educational-blogs/scores-on-the-doors-2020
If you keep an eye on my Weekend 'Stocks & Markets Blogs' then you should get a good idea of what I am up to and how I see things playing out. In addition, the 'Twin Petes Investing Podcasts' I record with Peter @Conkers3 usually have a load of discussion about how we see things developing.
During the darkest days of the Coronavirus sell-off, my Portfolio hit a low point of down 28.2% which was on the 18th March 2020. I had seen my Portfolio back at Breakeven in June but I then got spanked on Boohoo BOO which was probably my largest Position and around the same time I got hurt on an Index Trade which I messed up on (see the 'Trades' page and it is all on there).
