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Linton

Linton Growth £112984
Linton WP £106625

Prism

Linton wrote: »

Linton Growth £112984
Linton WP £106625

Where did the 5K loss on the Growth portfolio come from?

Linton

Prism wrote: »

Where did the 5K loss on the Growth portfolio come from?

All my funds showed a loss over [STRIKE]July[/STRIKE] August. The worst in terms of £s was Artemis Global Growth which accounted for about £1250 of them e £5100. The world indexes dropped about 3.3% which is equivalent to £3900.

DiggerUK

Granny is well and truly on the sherry, the trouble she is causing in the neighbourhood means the local constabulary has Digger Mansions on speed dial. I think all the new found rise in the value of our holdings may be needed for her bail.

That aside, gold has reached new all time highs in sterling, £1266 per ounce at one point. This is despite the £GBP buying a cent more at £1 = $1.22. It is still under its all time highs in $USD however.

I don't see the trade spat between China and the USA being the start of WW3, sooner or later an equilibrium will be found. I don't know who will come out best, but it isn't the basis of golds high price.
If any of you try and blame Brexit, I shall thkweam.

Safe haven bonds are not big payers, but money going in is at its highest for a long time. Institutions may be putting some cash in to gold, but it is not a reason for gold to be climbing like this.

I am beginning to speculate that the lack of confidence in currencies, mainly the $USD, could be why golds price is rising. But I honestly don't know why the price is we're it is..._

Edit. Margins are currently a fraction over 2% each way. Down by a net 1%+ spread. It usually signifies a balanced demand between buyers and sellers.
Elm Investments, Bristol. Buying 1 oz coins at £1239, selling at £1289. Fix at £1265..._

Thrugelmir

DiggerUK wrote: »

I don't see the trade spat between China and the USA being the start of WW3

Not a war. It's a wrestle for who is going to be top dog. With the USA being on the back foot.

TBC15

TBC15 £128,225
BLB53 £115,161
Digger UK £125,623

Well not the best year for TBC15. The 10% drop at the start of the year and recent 4% drop haven’t helped the bottom line. Revised portfolio is currently underperforming the [STRIKE]new[/STRIKE] old one. Liontrust UK Smaller Companies has had particularly poor year.

I think the next year should prove interesting if Brexit ever happens. A poor result for the pound could cheer things up.

Heres to year 3.

Prism

Prism Global - £128.569

Began the transfer of one SIPP into another in the last couple of days and so will update the portfolio when done. Intending to buy roughly the same allocations but with global smaller company funds rather than the individual regional ones. In particular Legg Mason Japan after a 65% rise in less than 3 years is likely not coming back.Never say never though, I am always tempted on one of its severe dips.

DiggerUK

Gold fell back from its all time sterling high by the end of the month, but if you blinked, you missed it. Still riding high, with no clear reason. Even the fx shows £ buying $1.23.

Prices in $USD are still high, and way behind all time dollar high. US rates have been further reduced, and it is unclear when the gold price will fall as a consequence. Being faced with ECB negative rates seems to neutralise whatever the US Fed does.

Nothing of significance on the geopolitical front to offer by way of explanation either. Still, as bucket list purchases need to be financed we're not moaning, and neither is granny..._

Linton

Nothing much happening


Linton Growth:£113146 up just over 0.1% in September

Linton WP:£106278 down just over 0.3% in September

finellah

Finellah 18.0
VLS 80 16.7
Vanguard All Cap 20.0