Woodford says pensions funds have finished selling their UK equities. Private equity is buying up all our undervalued companies. The podcast people seem very bullish.
Some of my UK holdings are now only single digit percentages in the red.
You' know what, maybe. Looking at the data there are a lot of good signs, UK companies as a whole are operating on relatively levels of corporate debt and have been forced to pay a high-dividend. Which is nice for a change.
But I'm a little cautious with the FTSE 100 outperforming the 250, which indicates there's faith that UK companies are undervalued but not necessarily that the economy itself is worthwhile. It's backed up by everywhere else doing okay in a similar deck e.g. TSX. Low-debt and a high-dividend is a nice but also you need to invest money to grow.
Well I just checked and it seems to be about £80k right now.
My biggest UK holding is the Temple Bar Investment trust from the OPs picture: worth £25k right now with an IRR of 11.32% across a handful of buys/sells since 2019. This return was helped by my biggest buy being on the 13th of March 2020, though.
A less successful holding is Blackrock Smaller Companies Investment Trust. I first bought this for £15.20 a share back in 2018, and the current share price is still below that. This has an IRR of 3.5% but only because I topped up during covid.
My worst investment was a drunken purchase of Genedrive, which cost me £440 in 2021 and is now worth £8.35 ... I keep it around as a reminder to avoid doing stupid things. I also managed to lose money with Woodford, some years ago, and by lending money to scousers to build social housing (via Abundance P2P lending).
>>9849 At a guess, around 3% of my SIPP (c. £49k) is held in the UK, with around 5% for my workplace pension (c. £9k). Apart from that I have a bit of fun money in individual stocks, which are largely doing shit, and a small amount in a Vanguard ISA in a global tracker fund.
>>9850 What's with the focus on general trusts? I've been holding 10k on tracker ETFs for the 250 and 100 which have both performed better but I feel like I might be missing a trick if you've been raking it in on dividends.
