Merchants Share Discussion Threads

[tim 3] 06/10/2020 23:13

With savings delivering less than 2% has to be worth looking at.

[gateside] 06/10/2020 22:57

Gold, Renewable energy, Miners, Pharmaceuticals, to name but a few, have all outperformed in this crisis!

[zac0_4] 06/10/2020 21:04

SS - "Can you name stocks that have outperformed in the crisis?" - how about the following global equity / sector index funds (all with 12m performance figures - L&G Global Health & Pharma +15%, L&G International Index +8%, L&G Global Tech +39%, Rathbone Global Opps +29%, Fundsmith Equity +14% or Blue Whale Growth +24%. Hopefully, this answers your question.

[zac0_4] 06/10/2020 20:59

SS - "why does a high yielding investment trust have the FTSE All share index as its benchmark?" - I've no idea. But that's what MRCH list as the benchmark on their website!

[superiorshares] 06/10/2020 18:47

And Zac-04

Can you name the stocks please that have outperformed in the crisis ????

You will get there eventually ???????

[superiorshares] 06/10/2020 18:44

zac-04

Why does a High yielding investment trust have the FTSE All share as its benchmark ?

[chc15] 05/10/2020 18:15

Snap, may get another chance before Thurs ex div, but no worries anyhow.

[gateside] 05/10/2020 16:05

Was going to top up Friday. Oh well. At least my current holding has done well today. As mentioned previously, as soon as the FTSE moves up, this will do well.

[tim 3] 05/10/2020 12:46

Moving away from resistance too.

[mister md] 05/10/2020 12:20

It's outperforming the FTSE by some margin today

[che7win] 05/10/2020 12:09

Zac, It is going to underperform in a downturn, because it's geared, just as if market is going up, the gearing should exaggerate returns.

[zac0_4] 05/10/2020 10:50

SS - this stock has underperformed during the crisis. Fact! Over 12 months MRCH has delivered a total loss of 24% (ish). It's benchmark, the FTSE All Share index is down 16%. It's clearly underperformed.

[wskill] 03/10/2020 21:47

No harm in a bit of diversity not sensible to have too many eggs in the one basket.
I am adding a few more to reduce my average price.

[gateside] 03/10/2020 20:59

The world still needs oil, I see BP. as an excellent buy at current levels.The US tech bubble, is a bubble waiting to burst!

[mister md] 03/10/2020 16:40

There have been quite a few UK listed shares that have had sharp re-rates of their shareprice in the past few weeks - either due to results less bad than feared or takeover interest from abroad. I still think this should recover well over next 12 months and fairly confident the bumper dividend will be held too. I'll be surprised if the US markets continue to outperform the UK market over the same period

[gateside] 02/10/2020 10:38

Update on top ten holdings. Over 10% in tobacco is a concern. Though I'm tempted to top up in order to average down a bit. Goes ex dividend next week

[zac0_4] 02/10/2020 09:52

The underperformance here has nothing to do with growth in tech stocks. It seems to me that it's simply down to being invested in companies that have shown no resilience to the current economic stress and, to date, show no signs of recovery.

[superiorshares] 02/10/2020 07:43

Income funds have underperformed because of huge growth in the FAANG`s etc
Watch the performance of your growth funds over the next ten years .

[chc15] 01/10/2020 23:57

Global growth evertyime, index too. Why pay Simon at Allianz to seriously underform an index, that's unnaceptable.

[tim 3] 01/10/2020 23:50

Just looking at the falls of BP and RDSB incredible who would have thought that a few years ago not me for sure I suppose we should be grateful that mrch don't hold them at least in their top 10 anyway!

[zac0_4] 01/10/2020 23:15

escapetohome - you are correct. We should all do what we feel happy with. My global growth funds have produced annual returns over a number of years well in excess of the 5% (ish) capital I drawdown annually. My dividend paying investments pay me an income but the income is at the expense of capital depreciation. Good luck with your investments.

[escapetohome] 01/10/2020 23:06

My speculative share provide the gains to invest more safely in solid income producers.

My safe income funds provides the income to fund the high risk reward speculative shares .

Its a lovely circle, that feeds of itself, whithout me dipping into my pocket.

Each investor should do what they feel happy with.

[zac0_4] 01/10/2020 22:45

Thanks for the link. Interesting read. Does nothing to change my view, however, that investing for income is not the most profitable strategy! I can't quite put my finger on the reason why. Maybe companies that pay large dividends don't leave themselves with sufficient capital to reinvest in their businesses. There something amiss. I'm lucky in that only around 15% of my portfolio is invested for income via dividends. Almost without exception, at the moment, they are appalling. Here's some examples of where I currently sit against my breakeven figures for some of my dividend paying holdings: BP -31%, RDSB -10%, SLA -18%, HHI -22% and MRCH -8%. And I've held some of these for many years. Investing in well managed, well diversified global growth funds and simply taking income from capital has proven far more profitable for me.