My pension pot is now circa £39,000. That’s £21,000 of profit in under a year. If I keep this up, I will be retiring a very wealthy man. In 10 years time, when I’m 47 years old, I would have £80 million if I maintain current growth rates. £20 trillion when I’m 65. I know 100% year on year is unrealistic, but I do want, and aim, to achieve 50% year on year.
Although, the SIPP investment gains I have had are spectacular, I havn’t suffered any market crashes during my SIPP’s investment period, and it will be telling how my SIPP pot will fare when one happens, and trust my words, numerous will in the next 30 years e.g. a US on IRAN missile strike seems increasingly likely.
However, some of my shares look to be over valued – eg Tanfield. Results are on Monday and my eye will be focussed on the profits generated by the Upright division. I have a good feeling about Tanfield’s future and intend to hold them for a long time.
Also, I might shave some profits from RCG and put them in Ten Alps, which, I feel, is undervalued and a good candidate for 50% share price increase this year.
Thanks to all of you who have signed up to my buy sell alert. I’m overwhelmed with your response and support so far. Be sure that I will update you all when my portfolio changes – be prepared for a long wait though as I am a buy and hold kind of guy.Â
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