Lindsell train global equity

StevieJ

Sold that one earlier this month, a strengthening £ will do it no favours in the short term (Brexit deal).

StevieJ

itwasntme001 wrote: »

Except of course LT has about 35% in UK stocks and sterling has risen about 8% from the lows, whilst LT is down about 10% from peak so not all can be explained by sterling (roughly half can not mathematically).

UK stocks like Unilever and Diageo? whose sales revenues are mainly received non-sterling currency.

Thrugelmir

itwasntme001 wrote: »

Except of course LT has about 35% in UK stocks and sterling has risen about 8% from the lows, whilst LT is down about 10% from peak so not all can be explained by sterling (roughly half can not mathematically).

Around 20% in Japan. Yen - £ has moved 10% is past couple of months.

itwasntme001

My mistake, forgot about the non GBP revenues by some of the holdings as well as some currencies like JPY have moved more.

stehouk

bostonerimus wrote: »

Ahh, there's your problem, well at least in part. Carefully casting your money about, and then forgetting about it is often a good strategy.

Not sure i can trust my judgement, i followed the herd on this one and ended up in a ditch.

bowlhead99

stehouk wrote: »

Not sure i can trust my judgement, i followed the herd on this one and ended up in a ditch.

Not followed the herd and made 15-30% in each of the last five 12-month periods looking back from today?

Perhaps timing is, as they say, everything.

stehouk

bowlhead99 wrote: »

Not followed the herd and made 15-30% in each of the last five 12-month periods looking back from today?

Perhaps timing is, as they say, everything.

Nope, i wish i had but its been downhill since i invested - 4.71% whereas my VLS 60 + 5.13%
according to the HL app.

stehouk

These are only recent investments as i'm a novice, i'm not overly concerned as i have 10 years+ and i am happy with the tax relief from my sipp

Thrugelmir

stehouk wrote: »

Nope, i wish i had but its been downhill since i invested - 4.71% whereas my VLS 60 + 5.13%
according to the HL app.

If all investments were correlated then diversification would be pointless. Overall portfolio performance is what matters.

First rule of investing is not to lose capital.
Second rule is don't forget rule no 1.

itwasntme001

I hold some of my portfolio in LT and FS. Never did sell them as i am sticking with them long term as i do like their strategy as part of my wider portfolio. If anything this sell off gives me a chance to transfer over the positions outside tax-wrapper into my ISA without incurring capital gains tax.