Roy's portfolio

[Roy]

Roy's Motors has been forced by Covid-19 to regroup and diversify. OUT are  Hot Tubs and Mobility Scooters and IN are Stocks (long), Una and James Bond.

 

5-Year portfolio to be cashed in 2025 😄

(AV),  (BP),  (BATS),  (BT),  (CNA),  (EVR),   (XOM) ,  (AG),  (FRES),  (GCP),   (GSK),

(GLEN),  (GGP),   (GKP),  (HOC). (HSBA),  (IAG), (IMB),  (JDW),  (LGEN),  (LLOY),  (MARS).

(MNG), (MONY),  (NG), (PHNX),  (RB),  (REP),  (RDSB),  (SSE),  (SLA),  (T),  (TSCO),  (VOD),  (YNGA).

 

Comments and ridicule welcome. Objective is to fund and forget. 😊

[Martlet]

30+ shares, what trading fees took away?  

[Roy]

https://www.trading212.com/

[Roy]

No fees (save stamp duty).

What attracted me was the AutoInvest and Pies.

Me and the boys love a nice steak and kidney with plenty of ketchup 😋

[watchesandwhisky]

I may have to ditch HL for that, is it just a phone ap? im a bit behind the times and prefer a website but o fees is amazing..how do they make money?

[Roy]

App or desktop MS, I use both. 

'Our platform is making money from its CFD business, where the main revenue comes from the spread and the interest swap. 

Our top priority is to provide an outstanding service for you as a trader and investor completely free of charge. We can assure you that our trading platform is commission-free and it has been profitable for the last 15 years.'

[motorbikez]

2 hours ago, Roy said:

Roy's Motors has been forced by Covid-19 to regroup and diversify. OUT are  Hot Tubs and Mobility Scooters and IN are Stocks (long), Una and James Bond.

 

5-Year portfolio to be cashed in 2025 😄

(AV),  (BP),  (BATS),  (BT),  (CNA),  (EVR),   (XOM) ,  (AG),  (FRES),  (GCP),   (GSK),

(GLEN),  (GGP),   (GKP),  (HOC). (HSBA),  (IAG), (IMB),  (JDW),  (LGEN),  (LLOY),  (MARS).

(MNG), (MONY),  (NG), (PHNX),  (RB),  (REP),  (RDSB),  (SSE),  (SLA),  (T),  (TSCO),  (VOD),  (YNGA).

 

Comments and ridicule welcome. Objective is to fund and forget. 😊

No criticism Roy everyone has their own perspective on things all I would say is I'd personally find it hard to keep on top of more than 10 companies. I currently only have 8 companies in my portfolio.

[KDave]

Looks good Roy a lot of companies to keep an eye on but my favourites are there. A solid reflation portfolio imo.

I have the following positions in the ISA, in order of size; RDSB, BP, BT.A, REP, TEF, VOD, SDF, XOM, CVX. 

On the buy list when funds are available; NTR, MOS, NG., DRAX, SSE, BATS, LGEN. 

I have enough in oil now, working on building a bit more in telecoms and then into potash stocks, then infrastructure and a bit of diversification from yield stocks. Should be there by year end then I'll keep adding to those positions over the next couple of years I think.

PM mining shares I buy via a fund in the sipp which is enough for me with physical metal outside.  

[vand]

So long as you are clear in your mind about your strategy and have done your homework then all the best, I say!

I applaud those who still pick individual stocks. Screw this passive investing c**p!

 

[HillWalkerDundee]

"I applaud those who still pick individual stocks. Screw this passive investing c**p!" .

I do have a few funds I invest in but these are usually ones that invest in private companies, companies that I would not be able to invest in anyway e.g. MVI, LMS and OCI. There is one other but I am keeping that one well under my hat. I want a much larger holding before I join the very muted chorus. I think we are all keeping quiet on this one :-).

As for shares in individual companies, yes, like many others, I was blinded by SXX and got burnt, the rest are doing very well. But I do not let them languish, I am a very active manager.

 

[Kman]

I don't know anything, I only have money in GGP, SLV and a little bitcoin currently

If I was going to put money into more stocks I'd want them to at least to have been in positive upward trend pre March

If they were in long negative trends pre March why is that going to change with a worse economy? you may well have good answers as to why, not saying you don't but they're just questions I'd have 

These figures are how far where the prices were in January 2020

• BT down 60% since Nov 2015
• BATs down 37% since July 17 
• CNA down 80% since September 2013
• IMB down 50% since July 16
• SLA down 40% since 2015
• VOD down 30% since Jan 2018
• LLOY down 30% since May 2015
• AV down 24% since 2018

JDW look very nice the past 10 years but anything in leisure/physical retail/travel I'd avoid atm until the future is clearer

Oil companies yeah you would think they must have bottomed out now, when I was trying to learn about oil the Russian ones seemed more attractive to me because they can be profitable on lower prices per barrel and they were in uptrends past few years whereas Western companies were going down but I don't know how international relations and the ruble exchange rate etc could come into play and effect things

I've heard avoiding commercial banks is probably a good idea because there might be a lot of defaulted loans in the next year or two

So yeah I personally wouldn't feel comfortable investing in most of these but I'm sure you did a lot more research and I'm just basing it on maybes and guesses 

 

 

[KDave]

15 hours ago, Kman said:

I don't know anything, I only have money in GGP, SLV and a little bitcoin currently

If I was going to put money into more stocks I'd want them to at least to have been in positive upward trend pre March

If they were in long negative trends pre March why is that going to change with a worse economy? you may well have good answers as to why, not saying you don't but they're just questions I'd have 

These figures are how far where the prices were in January 2020

• BT down 60% since Nov 2015
• BATs down 37% since July 17 
• CNA down 80% since September 2013
• IMB down 50% since July 16
• SLA down 40% since 2015
• VOD down 30% since Jan 2018
• LLOY down 30% since May 2015
• AV down 24% since 2018

JDW look very nice the past 10 years but anything in leisure/physical retail/travel I'd avoid atm until the future is clearer

Oil companies yeah you would think they must have bottomed out now, when I was trying to learn about oil the Russian ones seemed more attractive to me because they can be profitable on lower prices per barrel and they were in uptrends past few years whereas Western companies were going down but I don't know how international relations and the ruble exchange rate etc could come into play and effect things

I've heard avoiding commercial banks is probably a good idea because there might be a lot of defaulted loans in the next year or two

So yeah I personally wouldn't feel comfortable investing in most of these but I'm sure you did a lot more research and I'm just basing it on maybes and guesses 

 

 

All excellent points, I agree Russia is the cheaper play. I prefer western companies which are historically also very cheap but not as cheap. It was the same when I was looking at miners. I wanted copper I chose ANTO over KAZ due to the difference in corruption, (pointed out by another forum member) despite KAZ being much cheaper P/E. There appears to be a risk priced in with such companies that you are being paid to take by getting the company cheaper. Off the top of my head, potential for sanctions, corruption, shorter historical record of property rights, or perhaps just weaker property right, lower government stability, former socialist tendencies of population, etc. For example Chile is formerly fascist, high trust, strong property rights, low corruption, high productivity, hence why ANTO over former Soviet socialist high corruption low productivity Khazakstan based KAZ. 

As for negative trends, it's true most of the market is looking backwards and expecting more of the same. I do not think we will see another decade like we have just lived through, expect inflation and interest rates rising throughout. There will be a flight to real. 

I am trying to position based on real commodities, goods and services underneath these stocks that are still needed whether politics agrees or not and that will benefit from the coming conditions of 70's style inflation. The downside in these picks is limited by need not the wants of the consumer, people need to eat, they need to leverage production (oil), they need electricity and water. They need communications and internet services  provided by telecoms companies.

When the consumer is dead, the last thing to go will be the mobile phone contract, landline and TV package.

[Roy]

Oh deary me, I'm in such a quandry!

Someone who has openly admitted, and without shame, that they (quote) ' don't know anything about stocks or investing' and ' don't know anything' is offering an opinion and/or advice. ???

What am I to think? If they know nothing about investing and they are giving me advice then I must know f*ck all? I'm an idiot?

I invited comments and ridicule but I was really looking for like minded fellows who knew 'something'.

[Kman]

1 hour ago, Roy said:

I invited comments and ridicule but I was really looking for like minded fellows who knew 'something'.

Well I asked some questions and noted some reservations I'd have 

"What am I to think? If they know nothing about investing and they are giving me advice then I must know f*ck all? I'm an idiot?"

Why were the questions grating?

If you're secure in your choices why not just say "well actually I see xyz happening and you're missing the big picture which is ____ with this company"

Then people like me reading might learn something

 

[HerefordBullyun]

Everyday is a school day. That's how I treat life. Regardless of whether it's PMs stocks or people.

[Kman]

1 hour ago, HerefordBullyun said:

Everyday is a school day. That's how I treat life. Regardless of whether it's PMs stocks or people.

I only became interested in stocks March/ early April

It's no exaggeration to say I've spent most of my time since reading or listening to videos about stocks

Roy saying

Quote

Someone who has openly admitted, and without shame, that they  don't know anything about stocks or investing

Why would I have shame? how much can you learn in 4 months?

Maybe in a couple years if I keep learning (which I intent to) and actually make a decent return on my money then I will be able to lead with "in the past two years in my experience"

I know enough now to feel like I'm asking the right questions and that puts me on the road so no shame here

And I do know something about investing  😟I've done alright with domains, but stocks nope not yet 

[KDave]

4 hours ago, Roy said:

Oh deary me, I'm in such a quandry!

Someone who has openly admitted, and without shame, that they (quote) ' don't know anything about stocks or investing' and ' don't know anything' is offering an opinion and/or advice. ???

What am I to think? If they know nothing about investing and they are giving me advice then I must know f*ck all? I'm an idiot?

I invited comments and ridicule but I was really looking for like minded fellows who knew 'something'.

It takes wisdom to realise you know f*ck all Roy, fair play.  

I know one thing though, and that is that you know I know that you know no one really knows. Its best effort based on what information we have been exposed to. Which means Kman is spot on giving his opinion, same as anyone else. 

Rule number 1, don't take advice from internet forums. I know you know that as well. 

[Roy]

I just wanted @Kman to drop that ridiculous signature 😋

If I'm not reminded that I'm reading comments from someone who claims to 'know nothing', I can approach his posts with an open mind and try to find something positive amongst them (which I'm sure I will). 😉

I take on board that I'm probably 'over diversified' but that doesn't mean I will continue to fund every stock.

My foundation is laid, and now the construction can begin.

I have gold, silver and platinum ETFs too but they are on another platform and only lightly funded for now whilst I decide my next step.

It has never been so easy to invest as it is now, and that worries me a bit. Investing should be hard, right? It's a profession and people spend all their lives learning and improving their strategies so I don't expect too much.

[HerefordBullyun]

7 hours ago, Roy said:

 

It has never been so easy to invest as it is now, and that worries me a bit. Investing should be hard, right? It's a profession and people spend all their lives learning and improving their strategies so I don't expect too much.

You're correct in what you assume, but it's two fold there are many robin hood investors that can help skew the true reflection of the market. Also more people are cottoning on to the gold and silver miners. The age of the internet  and passage of information  is more readily available. But more importantly more people are becoming aware of the truth that banks are broke and many don't have any physical PMs. So as we move towards nearer the financial end game you have to know when to get in and get out. It's like good comedy, timing. 

[Martlet]

7 hours ago, Roy said:

It has never been so easy to invest as it is now, and that worries me a bit. Investing should be hard, right? It's a profession and people spend all their lives learning and improving their strategies so I don't expect too much.

Investing, researching companies to pick the right ones is just same as always.  Only the tools to do research and execute are much easier and more available. 

[Roy]

22 minutes ago, Martlet said:

Investing, researching companies to pick the right ones is just same as always.  Only the tools to do research and execute are much easier and more available. 

I agree, but anyone with a cell phone can download an app and 'chuck' money into a Vanguard ETF.

[Kman]

9 hours ago, Roy said:

I just wanted @Kman to drop that ridiculous signature 😋

 

The trouble is I'm going to talk about stocks a lot going forward 

I'm not going to preface everything that I've only been learning about stocks since March

To the uninitiated it might look like I know what I'm talking about and giving advice and I don't want to be the blind leading the blind

Quote

It has never been so easy to invest as it is now, and that worries me a bit. Investing should be hard, right? It's a profession and people spend all their lives learning and improving their strategies so I don't expect too much.

2010-2020 looked easy; put your money in a tech giant or an S&P500 etf and do amazing but now they all look like an especially fat bubble but maybe with the Fed propping it up that can go on indefinitely 

Oil looks like an easy bottom to enter (haha) but then I worry about how much oil got stored up during lockdown + the impact of future lockdowns, consumption during recession, people working from home so not having to drive to work (if many even have jobs to drive to entering 2021). It might be a bottom but could that slump last another couple years? in the meantime could the money be doing something elsewhere

Physical retail, leisure and travel all look dodgy for the same reason but maybe internal UK tourism will be the winner for the next two years? but the UK furlough scheme is going to end in October and the self-employed scheme this month so what happens after that? a lot less spending I imagine

The only true easy investment to me looks like metals but even then I read people here saying they expect prices to come down in a meaningful way and take months to recover; if PMs aren't the answer for the next couple years and making huge all time highs then god knows

Quote

My foundation is laid, and now the construction can begin.

I'd still be interested for you to answer my original question if possible going through each company

If they were in long negative trends pre March why is that going to change with a worse economy? 

[Roy]

38 minutes ago, Kman said:

The trouble is I'm going to talk about stocks a lot going forward 

I'm not going to preface everything that I've only been learning about stocks since March

To the uninitiated it might look like I know what I'm talking about and giving advice and I don't want to be the blind leading the blind

You underestimate the intelligence of the silver forum member 😄

15 hours ago, KDave said:

Rule number 1, don't take advice from internet forums.

 

40 minutes ago, Kman said:

I'd still be interested for you to answer my original question if possible going through each company

If they were in long negative trends pre March why is that going to change with a worse economy? 

I can answer that in 3 simple steps:

Step 1: Print off a list of FTSE 100 companies (buy assets when they are cheap)

Step 2: Decide which stocks you want and pin them to a dart board (buy assets that pay you to own them)

Step 3: Approach the oche, close your eyes and throw (diversify)

[KDave]

@Kman if you had to guess what do you expect over the next 10 years in regard to economic conditions? How do you see the next 10 years playing out in regards to the consumer, government, central banks, etc?

[Kman]

41 minutes ago, Roy said:

You underestimate the intelligence of the silver forum member 😄

 

I can answer that in 3 simple steps:

Step 1: Print off a list of FTSE 100 companies (buy assets when they are cheap)

Step 2: Decide which stocks you want and pin them to a dart board (buy assets that pay you to own them)

Step 3: Approach the oche, close your eyes and throw (diversify)

Why FTSE 100?

Why do you consider them cheap currently?

Decide which stocks based on what?

Could you flesh this out because it's provided no proper insight for someone new as to what led you to invest in the specific companies?

I can explain my reasons for investing in GGP because luckily it was very simple for me to understand why they're going to increase in value 

1. They're a gold exploration company
2. they've found a large deposit gold
3.  they're still discovering just how much is there
4. The more they find the larger the value of the company
5. They're working with Newcrest who already have the infrastructure to process the gold at Telfer which takes a lot of the risk out
6. They have other exploration projects in the region and if they hit gold there too then amazing but if not ok Havieron is enough 
7. I expect the price of gold to do well in the next couple years 

Could you do a simple step by step explanation of that for all the companies you invested in?  but in enough detail that someone like me could get it