Portfolio review.

aroominyork

Dump the lot and buy one multi-asset fund. 

Linton

Pity that the breakdown is missing a lot of data as it is too wide to fit on the screen capture.  I suggest you reduce the patge magnification to say 75%.  It would be nice to see the overall asset allocation. the geographic allocation and the % allocated to each investment.

Having Serrica Energy as your largest holding is seriously risky.  I see the price has has risen about 4-fold since early 2021.  Was this a lucky buy a couple of years ago or did you buy after seeing the price rise so spectacularly? It could easily fall just as quickly.

You have not said what you timescales and objectives are.  That would help in assessing the portfolio.  However to my mind it could be interesting as a fun portfolio for a few £K but for £75K I think it is far too risky.   Better to aim for a steady rise over an extended period with a small number of broad funds  rather than try and invest in tomorrow's winners.  

capstain411

aroominyork said:

Dump the lot and buy one multi-asset fund. 

Please will you quote me example 

tidels

capstain411 said:

I have, on addition to top10 holdings in my OP

Artificial intelligence etf
INDIAN inv trust
Japanese inv trust
Jp morgan China 
Ruffer invt trust
Capital gearing
Inverse Ftse and S&p 500 etf
Ftse and S&p500 
Lifestrategy 80%
Robotics and automation etf
L&g commodities etf
I have all the FAANG. Carrying avg of 20% Loss.

Apart from Faang stocks not sure what else to dump. And what to go for.

Question; Do you think all those companies will survive (never let alone hold there value) the great reset?

tidels

capstain411 said:

Apart from Faang stocks not sure what else to dump. And what to go for.

What about silver?

capstain411

Linton said:

Pity that the breakdown is missing a lot of data as it is too wide to fit on the screen capture.  I suggest you reduce the patge magnification to say 75%.  It would be nice to see the overall asset allocation. the geographic allocation and the % allocated to each investment.

Having Serrica Energy as your largest holding is seriously risky.  I see the price has has risen about 4-fold since early 2021.  Was this a lucky buy a couple of years ago or did you buy after seeing the price rise so spectacularly? It could easily fall just as quickly.

You have not said what you timescales and objectives are.  That would help in assessing the portfolio.  However to my mind it could be interesting as a fun portfolio for a few £K but for £75K I think it is far too risky.   Better to aim for a steady rise over an extended period with a small number of broad funds  rather than try and invest in tomorrow's winners.  

I presume likes of Lifestrategy 80% are broad funds if I misinterpreted please can you share some examples.

I bought serica July 21. 10k worth. Over 12 months sold chunks. Held  around 3.5k after North Sea licensing opened. I think i have recovered majority of my capital as you said with price appreciation. With risky shares, I always set a upper limit target and happy to bank profits at that limit at the expense loss of future appreciation. That's how I aim to insulate myself from heavy or total loss.

Timescale is 30 years. I have SIPP. But I need flexibility to dump profits and access cash as last resort hence 60% in ISA and rest in Sipp. 

Secret2ndAccount

capstain411 said:

Please will you quote me example 

VWRL - Vanguard FTSE All-World UCITS ETF
It holds 3780 stocks from all over the world. This one has over 10% in emerging markets which I suspect is to your taste. However, it only invests in large, more mature companies. If you want small cap too, you could add a bit of
Vanguard Global Small-Cap Index Fund GBP Acc

You can find funds which do all of this in one fund, but the cost might work out higher. Vanguard charges 0.22% for VWRL, and 0.29% for the small cap. So your lowest cost likely comes by buying a proportion of two funds.

There are other options - doesn't have to be Vanguard.  

HSBC MSCI World Index  (developed countries)

HSBC FTSE All World Index (includes emerging markets)

PRIW - Amundi Prime Global UCITS ETF DR (GBP)   This one has the lowest annual charges at just 0.05%!  But it's based in Luxembourg, and it pays some US taxes which I believe the others are able to avoid. Therefore the eventual return might not be much better.

Secret2ndAccount

capstain411 said:

I have, on addition to top10 holdings in my OP

Artificial intelligence etf
INDIAN inv trust
Japanese inv trust
Jp morgan China 
Ruffer invt trust
Capital gearing
Inverse Ftse and S&p 500 etf
Ftse and S&p500 
Lifestrategy 80%
Robotics and automation etf
L&g commodities etf
I have all the FAANG. Carrying avg of 20% Loss.

Apart from Faang stocks not sure what else to dump. And what to go for.

Why do you have FTSE and Inverse FTSE (and S&P)?  Are you day trading?

Linton

Secret2ndAccount said:

capstain411 said:

I have, on addition to top10 holdings in my OP

Artificial intelligence etf
INDIAN inv trust
Japanese inv trust
Jp morgan China 
Ruffer invt trust
Capital gearing
Inverse Ftse and S&p 500 etf
Ftse and S&p500 
Lifestrategy 80%
Robotics and automation etf
L&g commodities etf
I have all the FAANG. Carrying avg of 20% Loss.

Apart from Faang stocks not sure what else to dump. And what to go for.

Why do you have FTSE and Inverse FTSE (and S&P)?  Are you day trading?

Thanks, I missed that one.

This has been covered before but for the OP....

If kept for the medium term an inverse tracker will generally lose money.  They are intended to hedge short term trading positions, not to make a long term profit from a long term fall.  The key point is that they are reset every day.  Say you start with £1000 with an index of 10000.  The market falls to 9500 ie 5%.  Your money increases to £1050.  The next day the market returns to 10000, a rise of 5.263%, Your £1050 falls to  £994.7.

If a 5% rise to 10500 happens first the £1000  drops to £950.  A return to 10000 the next day, a drop of 4.76%, causes your investment to rise to £995.2

capstain411

Thanks guys. I have inverse as you rightly suggested on daily basis. Dip in and out so often that I felt it was fair to list it. 

I generally buy them before Fed rate increases and events like mini budget. When I have a really strong hunch it will go bellies up.

I have been reasonably successful with last 2 fed cuts made 6% in return. 

Mini budget have 4.3% in return.