Saturday 4 October 2014

The Virtual Random Portfolio

So the virtual portfolio is now up and running, consisting of randomly selected shares.  See my previous blog post for the rules on how it operates.  The first five trades were bought on 26th September, 2014, with another one bought on 3rd October, 2014.  The prices quoted both for the purchases and valuations are the closing prices on each date.  The portfolio is as follows:

Company Ticker
Purchase
Quantity
Buying
Valuation 03/10/14
Gain / (Loss)
Date
Price (p)
Cost (£)
Price (p)
Value (£)
£
%
AUGEAN AUG
04/10/14
2,025
48.5
999.54
48.5
969.63
-29.91
-3.0%
CATLIN GROUP CGL
26/09/14
190
516
997.80
521
977.40
-20.40
-2.0%
INTERNETQ PLC INTQ
26/09/14
430
228
997.80
267.6
1,138.18
140.38
14.1%
LOW & BONAR PLC LWB
26/09/14
1,637
60
999.61
58
936.96
-62.65
-6.3%
MBL GROUP PLC MUBL
26/09/14
10,621
9.25
999.85
9.25
969.94
-29.91
-3.0%
SOUND OIL PLC SOU
26/09/14
7,700
12.75
999.16
12.25
930.75
-68.41
-6.8%
TOTALS
5,993.76
5,922.86
-70.91
-1.2%

Please note the cost of buying includes stamp duty and commission charges, and, the valuation also takes into account the commission charge.

So after one week the portfolio is showing a loss of £70.91 equating to 1.2% of the purchase price. Just for a comparison I have provided below the change in two of the main stock market indexes over the week the portfolio has been running.

Index Value
Change
26/09/14
03/01/14
Value
%
FTSE 100
6,649.40
6,527.91
-121.49
-1.8%
FTSE All Share
3,545.90
3,485.96
-59.94
-1.7%

The good news is that the indexes have declined more than the portfolio, which I believe means the portfolio has outperformed the market!  Ha ha.  What a load of twaddle.  It has still lost money whatever way you look at it.  However we cannot expect miracles, and, as we all know the mantra is that investing is for the long term.

I have not yet done any research into the shares in the portfolio, but hope to do so in the near future.  I will keep you informed of my findings.

Please note that the shares have all been selected randomly, and, the portfolio is virtual.  No money has been spent on purchasing any of the shares listed.  The shares in no way reflect any advice on whether to purchase or sell.  Remember another old mantra only stake as much as you can afford to lose when you purchase shares, but for some reason this is where a lot of pension money is invested that we all count on for our retirement.

 Anyway keep your eyes peeled for further share purchases, and, valuations.  All comments will as usual be gratefully received.

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