561 replies to this topic

[MrDividend]

I find it amazing that out of all the great stocks on the JSE a person can whittle it down to putting all their money onto one share whereas I find I want to own so many.

 

Do you understand now?

 

 

 

 

[Bread]

Well then why are you 'always amazed at guys with these small portfolios'?

 

 

 

Not at all. 

 

Sorry, but where did I say you are wrong to have a small portfolio or that my portfolio out performed anything and/ or will anything in the future????

[MrDividend]

Not at all. 

 

Sorry, but where did I say you are wrong to have a small portfolio or that my portfolio out performed anything and/ or will anything in the future????

Edited by MrDividend, 16 January 2015 - 09:23 AM.

[Bread]

So if a guy with a small portfolio was getting double your return per year with half the amount of your costs would you still be amazed or would you be shocked?

 

 

 

Wouldn't have a clue to be honest. This is a long term portfolio very much geared for dividends but trying to get a bit of capital growth where possible. It hasn't done spectacularly - 25% over two years after costs. But 2/3rds of the money has been in less than a year. Thumb sucking says around 15% - 18% per year dividends in. Goal would be 15% every year, ex div - so capital could double every 5 years. 

[MrDividend]

That's very interesting, MrDividend. What is your cost to profit ratio?

 

Wouldn't have a clue to be honest. This is a long term portfolio very much geared for dividends but trying to get a bit of capital growth where possible. It hasn't done spectacularly - 25% over two years after costs. But 2/3rds of the money has been in less than a year. Thumb sucking says around 15% - 18% per year dividends in. Goal would be 15% every year, ex div - so capital could double every 5 years. 

[Bread]

Hhmmmmm..........I think what I will most probably end up doing is riding Rockcastle for a couple of months then switching to Telkom for the ride up to the divi and then come back to Rockcastle. That sounds good to me.

 

 

Stay with a winner, there is no reason for divorce, you shall kick yourself looking back with regret later.

If it ever starts dropping then sell, meanwhile stay for the ride.

[M e r l i n]

Stay with a winner, there is no reason for divorce, you shall kick yourself looking back with regret later.

If it ever starts dropping then sell, meanwhile stay for the ride.

 

Merlin, I took a closer look after I saw your comment and I see its gone up about 65% in 8 months, from the 2nd May 2014 to 2nd January 2015. That's one of the best performances. That's good enough for me and if it continues in that vein then I hope to hold it for as long as it lasts. A day after I bought it there was a story in the paper about how well this sector has done and should continue to do.

 

On the other hand Telkom did about 80% over the same time period and they're gonna pay a divi this year so..........

[Bread]

That's very interesting, MrDividend. What is your cost to profit ratio?

 

I am always amazed at guys with these small portfolios. Bar one or two sectors  - generally I want a share or two out of most sectors. 

My main account has 31 shares and have opened another account where I can "play" with around 15 shares and a few more on my list. ETF's ? nah, there are always a few shares I do not like and the ratio's are all wrong.

 

I just need more money

[Bread]

Merlin, I took a closer look after I saw your comment and I see its gone up about 65% in 8 months, from the 2nd May 2014 to 2nd January 2015. That's one of the best performances. That's good enough for me and if it continues in that vein then I hope to hold it for as long as it lasts. A day after I bought it there was a story in the paper about how well this sector has done and should continue to do.

 

On the other hand Telkom did about 80% over the same time period and they're gonna pay a divi this year so..........

 

Bread, suggest a three year hold on Rock - it goes up every month so there shall not be a confidence problem.

[MrDividend]

I am always amazed at guys with these small portfolios. Bar one or two sectors  - generally I want a share or two out of most sectors. 

My main account has 31 shares and have opened another account where I can "play" with around 15 shares and a few more on my list. ETF's ? nah, there are always a few shares I do not like and the ratio's are all wrong.

 

I just need more money

[gamma]

Hi Folks

 

2014 for me was an uneventful year.... below is my portforlio.... I will go for a break and revisit it for adjusting late Jan / early Feb.

 

I have been catching falling knives:

 

ADW, ABI, OAO, CZA, ESR, SCL, WCC, ZED, (SIM) & (PMZ)

 

Lost a lot of money.... I call it "an idiots portfolio".....

 

Stick to larger established companies with good quality business models, especially if you are a newbie! Looks like you are looking for quick wins. Investing should be like watching paint dry..

[M e r l i n]

Bread, suggest a three year hold on Rock - it goes up every month so there shall not be a confidence problem.

 

Rockcastle - 100%

 

Might have to hold this one for longer than a month.

[Bread]

Rockcastle - 100%

 

Might have to hold this one for longer than a month.

[longterm413]

As I dumb as this question is, I have to ask it. How do I create a new topic from the apple app?

[Fleetstroke1]

Hi Folks

 

2014 for me was an uneventful year.... below is my portforlio.... I will go for a break and revisit it for adjusting late Jan / early Feb.

 

I have been catching falling knives:

 

ADW, ABI, OAO, CZA, ESR, SCL, WCC, ZED, (SIM) & (PMZ)

 

Lost a lot of money.... I call it "an idiots portfolio".....

[Bread]

hey bread... why did you sell Reinet?  I bought at R17 and still holding

Hey, HendrikB......i'm a short term trader and the short term trend is down for now......

[HendrikB]

hey bread... why did you sell Reinet?  I bought at R17 and still holding

[Bread]

That's a trade loss you can deduct from other trade gains/normal income.
Hope you got your tax sorted out by now Bread.

Yes, it all adds up as deductables. And no. But I'm working on it

[orca]

That's a trade loss you can deduct from other trade gains/normal income.
Hope you got your tax sorted out by now Bread.

[Bread]

Cash - 100%

 

Sold REINET at 2553.