Wpp Share Discussion Threads

[nasdaqpat] 25/11/2016 10:19

Just to clarify our situation...about half of our stock and about one third of our entire portfolio is now invested in FTSE100 trackers so we are now quite happy to see any of the heavyweight sectors rise; namely Miners, Oils, Pharmies, Banks & Utilities/Defensives.

[invisage] 24/11/2016 23:53

BRNA is expensive and has under performed the S&P500 over a 3 year period.
BRNA up 41% vs VUSA up 60% over 3 years.



I like very few Investment trusts, most just track the indices for high fees!

[gateside] 24/11/2016 23:41

My preference is BRNA

[invisage] 24/11/2016 23:23

Both have about net 25% weighting in my portfolio. So I'm underweight US tbh.

[nasdaqpat] 24/11/2016 23:15

SWDA is 59.16% US Equities and VVAL is about 57.20% US Equities etc etc.

[invisage] 24/11/2016 23:06

I wouldn't weight 60% in US ... I'm currently not buying USAlthough I do have exposure I may buy some S&P500 on a correction though.

[nasdaqpat] 24/11/2016 22:26

Global equities generally means about 60% America...you must be bonkers to invest in America at current levels. Wait for the correction...DOW will probably peak @ about 19315 and then drop at least (10.00%). What's your hurry?

[invisage] 24/11/2016 20:15

hxxps://www.vanguard.co.uk/documents/adv/literature/case-for-global-equities-tlisg.pdf

[nasdaqpat] 24/11/2016 20:07

We should get some sort of rally over the next month or so but I fancy FTSE will put in further downside first...my guess would be c(04.25%) from yesterday's 6881 to c6589 which could arrive as early as next Friday (just prior to the Italian Referendum on Sunday 04 Dec). That would make c(07.59%) off the Bull high of 7130 in around about 36 business days.

Thereafter, FTSE could recover sharply...perhaps c75.00% recovery of 7130:c6589 leading to c6995 in mid Dec. However, I am expecting more weakness in January and a second Segment of losses for FTSE. My initial corrective target for Q1 2017 remains c6392 but it could, ultimately, get a lot lower.

Looking forward to some volatility cos we haven't had much for a while now!

[gateside] 24/11/2016 20:05

Well over the last 3 months, my utilities, consumer goods and telecom shares have all had a poor run. When the miners do less well, I'm sure these defensive sectors will do better. Personally I do feel my portfolio is relatively balanced. The defensive shares counteract the oils and miners.

[invisage] 24/11/2016 19:14

Gateside

Even if you had time I think best to buy and hold, the less I trade the more I tend to make.

[nasdaqpat] 24/11/2016 18:51

Your strategy has worked very well this year, Gateside...and I think dollar earners and heavyweights generally will do well next year as well with FTSE100 outperforming FTSE250 again.

However, one of the main benefits of trackers is that you don't have to second guess the market and, if there is a major rotation, your investments are relatively unaffected once the rotation is fully embedded. As I have said before, Miners & Oils could lose their premium status at some point next year and, as things stand, that will hurt your investments if it happens.

I'm not even sure about Pharmies for next year after the recent dire performance. Financials and TMTs would be my preferences for next year.

[invisage] 24/11/2016 18:38

22 up, 12 down

[gateside] 24/11/2016 18:09

Full time work keeps me from following the Market in the detail that I would like, which is the main reason for my buy and hold strategy.My main research is looking at individual shares, and working out which sectors I want to be overweight and underweight in, in an attempt to beat the Market.

[gateside] 24/11/2016 16:41

11 up, 1 level and 12 down

[nasdaqpat] 24/11/2016 16:40

Our shares market performed today and, of the remaining 38 companies, 19 shares closed Up, 17 Down and 2 Unchanged. Stock level 62.3%.

[nasdaqpat] 24/11/2016 15:55

The other thing to say is that, by getting rid of those 12 companies, I have saved quite a bit in costs going forward...probably about 120 trades per year or £600 + stamp duty.

[nasdaqpat] 24/11/2016 15:47

Yes, I was going to give them a run but most have a direct influence on the FTSE100 so there is actually very little difference in end result...I thought you guys understood trackers?

[invisage] 24/11/2016 13:27

Bought some VERX

[invisage] 24/11/2016 13:21

A lot of those stocks have fallen back recently why sell them now ?

[gateside] 24/11/2016 13:03

That's a lot of trading.... I hope your broker appreciates what good custom you give them!

[nasdaqpat] 24/11/2016 11:18

Got rid of another 12 FTSE100 companies (BLND, BP., BT.A, DGE, GSK, JMAT, RDSB, RIO, SKY, ULVR, AZN, BATS) and more or less replaced with additional FTSE100 tracker shares. Apart from CEY, no Oils & Miners now (albeit well covered in Trackers) so decided to re-buy an initial small amount of BRCI. Overall, we now have 38 companies and stock level of 62.3%.

Amongst the 38 companies and for various reasons, we have retained 12 FTSE100 companies (BARC, CPI, DC., IAG, LGEN, PSN, SBRY, SHP, STAN, TUI, VOD & WTB).

[nasdaqpat] 24/11/2016 08:37

Couldn't resist re-buying an initial tranche of PAG (now 49 companies). Stock level up to 63.7%.

[nasdaqpat] 23/11/2016 23:02

As a retiree, maybe I'm a little more cautious than you young Bucks!

[invisage] 23/11/2016 21:48

Agree with your verdict. Thats exactly what I'm doing. But if I were only a few years away from retirement then I would probably be less invested.What I didn't understand about pats investment strategy is if he is bullish he would only be 80% invested max. Why would you not go close to 100% ?