tag:blogger.com,1999:blog-2875915890415125655.post8519016095998130438..comments2023-05-18T10:37:34.608+01:00Comments on <a href="http://www.retirementinvestingtoday.com">Retirement Investing Today</a>: Valuing the UK Equities Market (FTSE 100) - February 2015RetirementInvestingTodayhttp://www.blogger.com/profile/03088383743670046657noreply@blogger.comBlogger28125tag:blogger.com,1999:blog-2875915890415125655.post-80161350809099899182015-05-17T12:36:04.042+01:002015-05-17T12:36:04.042+01:00What an excellent post. I have been looking for so...What an excellent post. I have been looking for something along these lines for ages but was unable to find it (or find the time to put one together myself). John over at UK Value Investor directed me here for which I am very, very happy!<br /><br />Thanks for putting it together. I am still unsure how I missed it whilst going through your site!Dividend Drivehttp://dividend-drive.blogspot.co.uk/noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-44920075816368905892015-03-03T14:17:15.212+00:002015-03-03T14:17:15.212+00:00How do you see the composition of the index affect...How do you see the composition of the index affecting one's assessment of the CAPE10? I.e. the balance of the index as between sectors has changed. I have read that what is a 'cheap' PE in one sector may not be cheap in another.RJhttps://www.blogger.com/profile/13871618901190898384noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-60197932424053831662015-02-19T16:37:35.894+00:002015-02-19T16:37:35.894+00:00As always thanks for your hard work in keeping the...As always thanks for your hard work in keeping these charts up to date and sharing with us - I'm very grateful.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-61561472551243097122015-02-17T09:11:39.374+00:002015-02-17T09:11:39.374+00:00According to this article the Danish Central bank ...According to this article the Danish Central bank has cut interest rates to -0.75%, one of the retail banks have responded by charging customers to hold their money in accounts, and some mortgage holders are only paying lenders fees charged on top of regular interest payments... http://www.wsj.com/articles/danish-lenders-take-unprecedented-steps-to-combat-negative-interest-rates-1423576590<br /><DavidBnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-87000845250176070282015-02-16T20:14:28.549+00:002015-02-16T20:14:28.549+00:00Eyeballing the UK portion and it's a stamp col...Eyeballing the UK portion and it's a stamp collection that is fully on my watch list. That said ethically while on my watch list I'm not sure I'll ever be able to pull the trigger on IMT or BAE. We also share plenty in the form of AZN, BLT (BHP), BP, GSK, HSBA, PSON, RDSB, SSE and VOD. Many others I'd like to buy but they look a little pricey right now.<br /><br />Thanks for RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-35401193290481179682015-02-16T20:08:20.825+00:002015-02-16T20:08:20.825+00:00"I want to be like the Old Southern Gentlemen..."I want to be like the Old Southern Gentlemen who lives off his income, NEVER sell your capital, that's akin to cutting off your right arm". This is exactly my thoughts and what I'm targeting before calling myself FI. Psychologically I can imagine how difficult it would be to be in the middle of a down turn and then be forced to sell down assets to eat.<br /><br />"...RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-81088746878497181852015-02-16T18:12:37.579+00:002015-02-16T18:12:37.579+00:00@RIT, this is my equally weighted portfolio, the a...@RIT, this is my equally weighted portfolio, the anchor has been drawn, this 42 manned crew ship will sail by itself ....<br />UK: ADN, AV, AZN,, BAE, BHP, BLND, BP, DGE, GSK, HSBA, IMT, NG, PSON, RDSB, RIO, RR, SAB, SSE, ULVR, UU, VOD<br />USA: BAX, CVX, EMR, GE, GIS, HCP, IBM, JNJ, KMI, KMB, KO, KRFT, LMT, MCD, O, PEP, PM, PG, SO, T, XOM<br />ETFs: VHYL, VUKEAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-66324638146558759142015-02-16T17:59:20.938+00:002015-02-16T17:59:20.938+00:00@RIT, I have a mortgage free house and substantial...@RIT, I have a mortgage free house and substantial cash savings which act as my bond anchor. I also have a substantial SIPP consisting of only 4 stocks (RDSB, BP, GSK, BHP) purchased when the market hated these shares. This SIPP has a blended yield of 6% and I'm waiting for significant capital appreciation when the shares rerate and may then convert this into bonds. Some of the USA shares Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-42233626536058142762015-02-16T12:36:03.648+00:002015-02-16T12:36:03.648+00:00Thanks for sharing Anon. Another example of anoth...Thanks for sharing Anon. Another example of another approach for us all to think about. If I'm interpreting correctly though that means you have a 100% equity portfolio. For me personally that is out there from a risk perspective plus also I've seen research (the Bernstein book under my Books That Helped Tab primarily) that suggests there is some free lunch from even a small helping ofRetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-8070986684341466072015-02-16T12:30:15.424+00:002015-02-16T12:30:15.424+00:00Hi K
I was questioning changes based on your state...Hi K<br />I was questioning changes based on your statement - "Not something I can boast now". Your comment suggests you might be able to boast also or were you thinking of something else?<br />Cheers<br />RITRetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-28965608914671320322015-02-16T11:43:29.589+00:002015-02-16T11:43:29.589+00:00@RIT, what I've learnt is its easy to get inve...@RIT, what I've learnt is its easy to get investment fatigue and overwhelmed with diversification and different strategies. I've simplified my portfolio using ISAs into 21 blue chip UK shares, 21 blue chip USA shares and VUKE, VHYL. That's it, this is what I will stick with. I only care about dividends and this portfolio will cover all my living expenses next year. I'm not Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-14533732502239444882015-02-15T22:05:06.373+00:002015-02-15T22:05:06.373+00:00I sold US equity a bit.
P.S. I am not a fund mana...I sold US equity a bit. <br />P.S. I am not a fund manager, or closer to it, btw.<br />K.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-56821263641852200212015-02-15T18:47:38.854+00:002015-02-15T18:47:38.854+00:00I know you recently bought Corporate Bonds and EM ...I know you recently bought Corporate Bonds and EM Equities. What other changes are you considering?RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-82431294678293776912015-02-15T18:40:11.158+00:002015-02-15T18:40:11.158+00:00Lucky you. Not something I can boast now.
K.Lucky you. Not something I can boast now.<br />K.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-26588910893144093382015-02-15T18:14:33.673+00:002015-02-15T18:14:33.673+00:00Does anybody really know what's going to happe...Does anybody really know what's going to happen? If you're convinced you need to make change but are concerned about what Mr Market is going to do you could maybe make the change over a period of months/years?<br /><br />For example I just looked back at my records. It took me 3 years to take my gold holdings from 0% to circa 5%, 4 years to take my EM's from 0% to circa 4.5% (targetRetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-56418167155026536302015-02-15T18:04:23.048+00:002015-02-15T18:04:23.048+00:00Yep, it was ITs I was thinking about. We have cas...Yep, it was ITs I was thinking about. We have cash in Fixed Term ISAs, and also instant access cash for forthcoming expenditures, so an obvious way to balance our portfolio (or "heap" as I call it) is to buy geared equities.deariemenoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-44635726484893503592015-02-15T17:57:41.562+00:002015-02-15T17:57:41.562+00:00Gilts have been kind to us. A silver ETF bought s...Gilts have been kind to us. A silver ETF bought some time back has done well too. We also have cash in fixed term ISAs opened when interest rates were much higher. But we are horribly undiversified. But is this the wrong moment to change that? deariemenoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-78727639972799572842015-02-15T13:11:55.268+00:002015-02-15T13:11:55.268+00:00"But I liked someone's advice - don't..."But I liked someone's advice - don't move and stay where you are now." That's easy for me right now. Physically I still have 1.5 years or so before FI beckons and I need to make some decisions on that front. Financially I'm not planning on making big changes to my portfolio other than adding to the HYP to try and increase yield as well as increasing cash holdings in RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-13416462449752524632015-02-15T12:56:13.705+00:002015-02-15T12:56:13.705+00:00@ dearieme. Some Investments trusts offer gearing ...@ dearieme. Some Investments trusts offer gearing - whereas OEICs don't.<br />IT's also sell at a premium or discount to NAV. A recent experience with a<br />poorly timed purchase of Schroder UK Growth IT - which was followed very soon after by Julie Dean ( the fund Manager ) announcing that she was leaving Schroders -resulted in a rapid widening of the discount. The very similar stringvestnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-56343210170830801782015-02-15T12:47:34.353+00:002015-02-15T12:47:34.353+00:00European Equities performance would be side effect...European Equities performance would be side effect if the QE is successful. If it is not, then.... things could get bad...<br />But I liked someone's advice - don't move and stay where you are now.<br />K.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-32643722108959221092015-02-15T10:26:05.414+00:002015-02-15T10:26:05.414+00:00Thanks for the link. I went to the Nordea Denmark...Thanks for the link. I went to the Nordea Denmark website and can't seem to find the mortgage they are talking about.<br /><br />Plenty of liquidity sloshing around and the ECB is now going to add to it. Where do you think it's all going to go? European Equities to outperform?RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-90280143704840657752015-02-15T10:06:38.489+00:002015-02-15T10:06:38.489+00:00Zerohegde is becoming one of the leading alternati...Zerohegde is becoming one of the leading alternative news site. You know, not like bbc, cnn, other mainstream with tight editorial control over what public should or should not pay attention.<br /><br />Here is the link http://www.zerohedge.com/news/2015-01-30/denmark-you-are-now-paid-take-out-mortgage<br /><br />Negative still assumes payoff of the mortgage principal less interest. So you still Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-36642677788033536082015-02-15T09:03:23.871+00:002015-02-15T09:03:23.871+00:00Further thought. Sounds like you have a lot of In...Further thought. Sounds like you have a lot of Index Linked Gilts by your comment. You must have had a fantastic 2014 investment return?RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-75961867943634586422015-02-15T09:01:34.900+00:002015-02-15T09:01:34.900+00:00I agree. I can't help but think Central Banks...I agree. I can't help but think Central Banks should have just butted out the first time. The over indebted would have been flushed out, plenty of hair cuts would have been taken and who knows we might have even been through it by now. What do they say - there's no free lunch - or something similar.<br /><br />On the subject of negative mortgage rates. I think I read that a Danish? RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-28014287840614668442015-02-15T08:56:10.395+00:002015-02-15T08:56:10.395+00:00A 'geared investment into shares'. You...A 'geared investment into shares'. You're braver than me but then again I just don't like debt.<br /><br />What does your asset allocation look like today? I'm always interested to put myself in others shoes and learn from them. I've never said I'm correct.<br /><br />Re P2P tax. I don't know the answer to your specific question but it is my understanding that RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.com