Critique my Investment plan

Bazofts_Revenge

I sold off my entire Halfords share holding with a gain of 24% and a portion of my Aviva Holding 13% gain and I'm using the proceeds to fund my Royal Mail application. £2500 If I can get a quick gain I will probably sell and use the proceeds to buy another good dividend paying holding which have had a bit of a battering lately (along with the rest of the market).

grey_gym_sock

are your dealing costs still only 0.08% per year?

Bazofts_Revenge

I've no Idea, providing my profits exceed my costs I'm not bothered. The sale of those two holding cost £24 there was approximately £600 profit there so for that lot costs were 4% No charges for the Royal mail deal so I could be compounding that gain.

grey_gym_sock

yes, but are your profits higher than they would have been with a more buy-and-hold approach? for most investors, churning lowers their net returns.

Bazofts_Revenge

I've no Idea and to analyse it to that degree would probably do my head in and leave me no time to play mind numbing games or read other peoples moan on Social media. Seriously though I don't see it as churning. I see it as consolidating profits. Where I've sold and extracted my original investment I'm onto a winner so long as the company stays in business. I only sell if I see an opportunity or something has changed which has changed my view. I may set up a Google finance portfolio to mirror my original investments but in reality it would be pointless as I can't go back. Many of the Shares I have recently sold 8Ks worth last month have actually dropped since then. That wasn't by choice but a Family memeber needed some help. When I get paid back hopefully the shares will be at a discount.

Bazofts_Revenge

It was pay day today so I've reinvested 1k in Tullet Prebon they have dropped by 12.5% since I took my original stake out of them. After my first investment I had 392 shares I sold enough to get my original stake back a couple of months ago and just put that original stake back in. For a £1000 stake I now have 425 shares. Having about 85% of my portfolio in Uk shares I've decided now is the time to diversify. I am now buying £50 a month of each of the following funds.

Aberdeen Global Technology (D2 GBP) Accumulation
Henderson Global Growth Accumulation
Jupiter Undervalued Assets Accumulation
Newton Global Higher Income Accumulation
Henderson Asian Dividend Income Accumulation