December Update
Sorry, I’ve not had time to update this blog recently, but I have some great news. I have nearly achieved the 50% increase in my portfolio and it’s only 5 months in
- I started my SIPP on the 17 July 2006. My SIPP value is now £26,700 and I started with £18,850 - an increase of 42% - £7850. My main holdings at the moment are RCG, AMU and TAN.
I would like to add other stocks, but I find they are very hard to identify. AMU is a turnaround, currently valued at a forward PE of 5, RCG is a super growth story with undervalued characteristics
and TAN is a UK zero emmision electric vehicle company, with solid fundamentals and in a theme that should provide the next big investement bubble - environment. If you know of other solid environmental stocks please let me know.
If my investments keep rising like this, then watch out Warren Buffet, I’m on your tail.
December 14th, 2006 at 3:42 am
You’re making a big mistake concentrating on the profits, hence you’re taking far too much risk for pension money.
Successful investing is all about managing risk and not reward.