To sell soon and then dripfeed back in?

sabretoothtigger

That was lucky timing in a way. I sold my bradford and bingley shares that year to do an ipo, that was lucky too since I had no idea

What action did you take last year that allowed you to out manoeuvre your old portfolio


Heres something I read earlier today that seemed relevant to this topic, basically on rebalancing you have to spot what their general attitude is

the 4 stages that stocks go through, namely accumulation, markup, distribution and finally decline (as popularized by Stan Weinstein)

I dont know the guy but its something generally Ive heard of different waves to a market

cloud_dog

sabretoothtigger wrote: »

What action did you take last year that allowed you to out manoeuvre your old

STT, not sure if this Q was aimed at me but...... in Feb 06 I basically sold all my investments OIECs / UTs investments, moved the cash and other individual stocks in to a Selftrade account.

I still invest in OIECs / UTs in the H-L SIPP.

sabretoothtigger

So the positive move was being in more liquid, short term and actively managed stocks rather then general funds managed by someone else.

Just wondered if it might apply now even

cloud_dog

sabretoothtigger wrote: »

So the positive move was being in more liquid, short term and actively managed stocks rather then general funds managed by someone else.

Just wondered if it might apply now even

That was the point I was tryting to make. Although I'm not saying being in UTs is bad; they're fine for certain situations but you need to consider if you should also manage your exposure to investments (temporarilly).

Before I was more of a 'long term investment' sort of guy. Obviously I re-assessed good / bad funds and my sector weightings (annually) but never actively traded the UTs.

I'm by no means a day trader (for the majority) but if I see opportunity to jump out or in I will. And, I am more active with the SIPP UTs, not to a great extend but once / twice a year.

Ultimately I feel that going forward we may have slow growth with pullbacks which may mean in 5 years time (for example) we aren't muich higher than we are today. Which is what I hoped to show with my example.

Lokolo

Primrose wrote: »

The other thing to bear is mind is whether your funds are invested in an ISA wrapper. If they are and you withdraw some of the money, obviously it can't be replaced. I suppose you could liquidate some of your holdings into cash within an ISA for a period if you're worried about a possible market fall but I believe that cash holdings, even in an ISA may be subject to tax? Perhaps somebody can confirm whether this is correct or not.

I wasn't going to withdraw as cash completely. I was going to sell units but keep the cash inside the ISA, then inside the ISA drip back into funds after a dip. Which will occur. And now if I don't do this and it happens. I will cry.

Lokolo

LongTermLurker wrote: »

My ISA is up about £1350 but unless I'm missing something, being as I could only either sell into my ISA or transfer to other fund within the ISA, if I sold units I wouldn't be allowed to dripfeed it back into the market because there are minimum investments per fund of about £500 - £1000.

As I have about 10 funds, the only thing I could do would be to either hold it all in cash and then put it back into one or two funds, or try to reattribute the investments by transferring small amounts into each holding.

Or am I wrong? Will HL allow you to set up a regular investment from money that's already in your ISA?

I have wondered this. Would be rubbish to have X cash and not dripfeeding say £100 a month into each fund over Y months. That what my plan!

cloud_dog

Lokolo wrote: »

I have wondered this. Would be rubbish to have X cash and not dripfeeding say £100 a month into each fund over Y months. That what my plan!

I tried this in their SIPP account but there is no automated way to acheive this. Ideally H-L should allow you to set up a monthly investment and select your bank account or your cash holdings in your account - that would be great but, alas no.

The only way to do it is to actually ring them up every month and ask then to invest the money.

Lokolo

cloud_dog wrote: »

I tried this in their SIPP account but there is no automated way to acheive this. Ideally H-L should allow you to set up a monthly investment and select your bank account or your cash holdings in your account - that would be great but, alas no.

The only way to do it is to actually ring them up every month and ask then to invest the money.

Thanks. At times like this I am glad their number's not an 0845 one!

LongTermLurker

Right. Made my choice... I decided that holding in cash was silly as it wouldn't go anywhere and if the good funds continued to rise I'd be annoyed! So I've gone for re-attribution. I set up a deal from the fund that had grown the most, chose to re-invest a chunk of the growth and then chose to put 1/3 into an existing fund that hadn't done so well and 1/3 into another, with 1/3 held in cash. The reason for the latter is that I have a small amout of income, which after realisation can be added together and invested!

So I've re-balanced my portfolio somewhat and improved diversity, along with finding a way to invest the small amount of income rather than letting it rot. They may all fall back soon, but it gives a bit better spread of investment types.

atypical

cloud_dog wrote: »

The only way to do it is to actually ring them up every month and ask then to invest the money.

Does the £1000 minimum for each fund apply in this case? Or the £50 minimum?