Rate my SIPP - ITV high conviction

booneruk

MeteredOut said:

Mr_Benn said:

Surely if you hold just one share, you have a stop loss on them, so if they did crash , hopefully you would still get out with a profit ?

Stop losses don't necessarily protect an individual investor from a black swan event.

Indeed. Stop losses are just market orders triggered at a certain price. It doesn't mean you'll get that price, especially if there are no buyers interested! For every sale there has to be a buy.

Cus

Juno_Moneta said:

MeteredOut said:

It looks to me this is more of a humble-brag post rather that you really expecting anyone to provide any useful feedback on your SIPP.

Not entirely sure I agree, there have been about 200 replies now and I've found many of them interesting and thought provoking so on balance it was worth making the post to benefit from those.

And have any of those comments resulted in a change of opinion or future action on your behalf?
Oh, and did you say you have a price where you would sell (high or low)?

Juno_Moneta

Um, yes there were a lot of posts about global trackers about half way through the pages so far that caused me to research them more for future use.

And I gave 2 price targets in a post on 17th Feb (* based on holding size at the time). 

Cus

Juno_Moneta said:

Um, yes there were a lot of posts about global trackers about half way through the pages so far that caused me to research them more for future use.

And I gave 2 price targets in a post on 17th Feb (* based on holding size at the time). 

Thanks, found it, 96p. Couldn't find a panic selling price if it drops a lot but let's hope that never occurs.

I think it's great that you are doing this, despite not really knowing the relevance to you of the ITV amount versus other savings etc etc, as it's a good read versus the 'global index trackers only, no one can beat the market' mantra type threads.

If you are all in on ITV and relying on this SIPP for future lifestyle then to me this doesn't seem too different to the impression I get from all-in HODL bitcoin holders, in that this is a way to get ahead versus the rest with lots of hope and self convincing. But what's wrong with that

Cobbler_tone

Saw you post. How is the ITV journey going? Any impact on Ant and Dec being replaced by Lineker at the NTA's?   

FIREDreamer

Cobbler_tone said:

Saw you post. How is the ITV journey going? Any impact on Ant and Dec being replaced by Lineker at the NTA's?   

The share price 1p more than when he originally posted - so up £10,500 since that date.

Also a 3.3p dividend has been received so another £34,000 thete.

So up 6% since February - I’d be happy with that. Similar return as VWRP though.

Juno_Moneta

Cobbler_tone said:

Saw you post. How is the ITV journey going? Any impact on Ant and Dec being replaced by Lineker at the NTA's?   

Hi Cobbler_tone, yes still here, not much to say. Reinvested the dividend, added usual monthly contributions and I also occasionally trade a small chunk (100k or so) when price spikes - eg over 85p in July - looking to buy back lower which I’ve had fortunate timing on. This is speculative but helps boost my position size, which overall is now much higher than original posts. Will update fully once reinvested next dividend in Nov. 

Cobbler_tone

Juno_Moneta said:

Cobbler_tone said:

Saw you post. How is the ITV journey going? Any impact on Ant and Dec being replaced by Lineker at the NTA's?   

Hi Cobbler_tone, yes still here, not much to say. Reinvested the dividend, added usual monthly contributions and I also occasionally trade a small chunk (100k or so) when price spikes - eg over 85p in July - looking to buy back lower which I’ve had fortunate timing on. This is speculative but helps boost my position size, which overall is now much higher than original posts. Will update fully once reinvested next dividend in Nov. 

Good to hear. Buy low, sell high! 

optoutDB

Not sure how I missed this thread, maybe I was running down my forum use back in February since I had made my retirement/pension decisions.

Also I was busy building up my ALL-IN on TESLA portfolio (as the cars were burning). If I'd seen your thread I would have started a parallel one    

Laycity

Down 8.6% today - ouch! Top up opportunity?