Single company Shares v Portfolio

Tom99

kidmugsy wrote: »

It was likely to produce a somewhat less than average result because you failed to rebalance.

[FONT=Verdana, sans-serif]Rebalancing after say 1 yr might have spread the risk more evenly but it does not follow that would improve performance, the opposite might have been the case.[/FONT]

Credit-Crunched

atush wrote: »

Again, risky if a total uK focus. Would be better to buy this with other ITs that are more global in nature.

Any pointers to a global IT ?

JPMorgan Global Growth & Income Investment Trust - worth a look?

Thanks

MK62

atush wrote: »

Again, risky if a total uK focus. Would be better to buy this with other ITs that are more global in nature.

The Finsbury IT has a fairly high exposure to UK companies who do a lot of business overseas - so it's not as UK-centric as it might first appear.....

The other thing to remember is that global funds also expose you to more currency risk - though of course this can work both ways. (and before anyone says "but"...;)..yes, there is also a certain amount of this risk in funds like Finsbury IT too, though to a lesser degree)

As to the OP's question, it all comes down to your attitude to risk, and how much you fancy yourself as a stockpicker......I've done the individual shares bought for dividends (and still have some), but my experience has been similar to the earlier poster - over the years they have returned similar to many income funds, though at higher risk and volatility - I suppose it's no surprise really that my stockpicking abilities fall short of those of a professional fund manager.

And I've had a "disaster" too, well sort of......if Provident Financial was good enough for Neil Woodford, how could I go wrong...;)....%5+ dividend, all the fundamentals looked good a few years ago......you probably know the rest....luckily it was "only" £1500......:)