It’s that time of the month again, where I reveal where my portfolio is at, as well as revealing any buy/sells.
If you’d like a more in-depth rundown of the companies I invest in and my thoughts/conviction level for each, be sure to check out last month’s post (click here).
There’s going to be two main sections to these posts moving forwards.
- Firstly, I’ll present a breakdown of my ‘main’ portfolio. This is anything within my S&S ISA and Lifetime ISA, any Crypto and any privately held shares.
- Secondly, I’ll provide a breakdown of my SIPP portfolio. With this being money I can’t physically touch until I’m at least 57 years old, it doesn’t make sense to include it with the main portfolio.
As I stated last month; I do not encourage anyone to copy my investing strategy. This is not financial advice and is for entertainment purposes only!
Main Portfolio: S&S ISA, LISA, Private Equity, Crypto
Portfolio Breakdown & Illustration
As it currently stands, the portfolio consists of Stocks (83.05%), Cash (8.26%), Private Shares (4.95%) and Crypto (3.75%).
Interestingly, the weights of most stocks have changed drastically over the last month, following a fairly substantial rally in both US and UK stocks. This rally varied massively between different stocks, as well.
Due to said rally, I’m veering onto the more defensive side. If stocks continue to rise, I’ll take some more profit off the table (see next section) and raise extra cash. I personally think that, between the war in Ukraine, high inflation and recessions predicted around the world, a large increase in stock prices are likely short-lived. I want to ensure I have the cash available to buy shares at lower prices if this happens.
Remember: The further the stock market indices (i.e., the market as a whole) decline, the lower your risk in the long-term. On the other hand, the more they rally (particularly during times where there are a lot of potential negative catalysts), the higher the risk you’re exposed to. As Warren Buffett says, “Buy when others are fearful, sell when others are greedy.”.
Anyway, here’s a look at my main portfolio as of 6pm on Sunday 5th February:
Portfolio Changes Since Previous Update
Here’s a breakdown of any purchases or sales of shares, with my reasoning for doing so.
- SOLD: 7 shares of Tesla, bringing my position down to 21 shares remaining.
- REASON: Took an average of 15% profit here, strictly to raise some cash within the account. This way, I can buy-the-dip if we see another large decline following January’s rally.
- SOLD: 44 shares of Affirm, bringing my position down to 90 shares remaining.
- REASON: Took a 23% profit here, as the stock rallied along with the rest of the market (i.e., there was no news). Going to wait this one out until they report earnings before buying more shares again.
- SOLD: 98 shares of SoFi Technologies, bringing my position down to 143 shares remaining.
- REASON: Took a tiny profit of 0.05%. This was strictly a cash-raising exercise to hedge for another downturn.
Secondary Portfolio: SIPP
Portfolio Breakdown & Illustration
At the beginning of January, I decided to move over my (fairly small – £5,600 or so) workplace pension into a Self-Invested Personal Pension (SIPP). This money was originally in a NEST account with very little transparency as to where my money was invested.
Moving this money into a SIPP allows me to invest the money in any way I want, with full visibility at all times.
Unlike my main portfolio, the SIPP will consist mostly of funds rather than individual stocks. There’ll be a few individual companies, but not many. Likely 80% funds, 20% stocks.
So far, I’ve only invested around two thirds of the cash available; I’m undecided where to put this at the moment. If you have any suggestions, let me know in the comments!
SIPP Portfolio Changes Since Previous Update
Here’s a breakdown of any purchases or sales of shares within my Self-Invested Personal Pension, with my reasoning for doing so.
- BOUGHT: 5.87 shares of Vanguard FTSE Global All Cap Index.
- REASON: Fairly self-explanatory. This is a heavily diversified fund, so can’t go wrong here.
- BOUGHT: 1,431.84 shares of Artemis High Income.
- REASON: Seen quite a few people investing in this fund so decided to take a look. After a bit of digging, I decided it’s a solid choice long-term to build compounding returns.
- BOUGHT: 31.00 shares of First Trust Global Funds
- REASON: This is a clean energy fund, which includes some of my favourite companies. Most notably Tesla (~10%) and Enphase Energy (~8%). Honestly? I just couldn’t help myself!
- BOUGHT: 5.98 shares of Vanguard Global Corporate Bond Index
- REASON: Again, fairly self-explanatory. This is an index of company bonds (one of the safer asset types), bringing in a nice re-investable income, compounding over time.
- BOUGHT: 1,294.00 shares of Restaurant Group
- REASON: This is a restaurant chain based in the UK, owning brands like Wagamamas. Admittedly, this purchase was done to help a friend who works for the group feel more comfortable investing. He was offered to join an employee share-purchase scheme, where he can invest a fixed amount of his monthly income into company shares at a fixed price (the open-market share price doesn’t matter; he gets this price regardless). In three years time, he can either exit the scheme and reclaim his cash (no charge), or he can purchase the shares at a set price (lower than the shares are worth today, even). After doing a deep-dive on the company, I agreed to purchase a few shares at a similar price point to what he’s been offered. However, my money is actually on the line here, his is not (didn’t believe it until I read the T&Cs)!
Let’s Discuss
That’s everything from me. I’d love to hear your thoughts as well:
- What are your thoughts on my portfolio? How does yours compare?
- What’s your favourite stock or fund to invest in?
- What are your feelings towards the UK/US economy over the coming months/years?
Let me know in the comments!
