Monthly Share Updates

Not a great deal of action with my portfolio in the first month of the year, I was due to make a top up or a new purchase to balance my portfolio a little more, to do this I decided to either top up BP or National Grid or to buy into either Glaxo SmithKline or a house builder.

In the end I bought some more Tesco (reducing my per Share price from £4.34 down to £3.92 unfortunately this is still well above the current £3.21 price tag but at the end of the day I believe in Tesco and think that the recent news hasn't been as bad as made out in the press so think that the Share Price has some rebound in it. I would be expecting Tesco to sit around the £4 mark by the end of the year.

What I really learned is that I need considerably more self control to create a true High Yield Portfolio as I seem to be too driven by my feelings.

Anyway here is the state of my augmented portfolio taking into account a Dividend from National Grid as well as the £/Average of Tesco.

Interesting to see that if I had invested £1,000 in each of these as proposed in the table I would now be looking at a profit of £2,905

Stocks and Shares

I am a big fan of the stock market - to be honest I am a fan of anything that creates such a wide variety of statistics but having read Rich Dad, Poor Dad I have started to realize that I have not been paying enough attention to money producing assets.With that in mind I am going to create a HYP (High Yield Portfolio) which I am going to update on here in case anyone else is interested in my portfolio and wants to start a discussion about it.

My current portfolio contains the following shares.

Barclays
BP
Lloyds Banking Group
Royal Bank of Scotland
Tesco
Vodafone
National Grid

Now those of you that know about dividends will guess that this portfolio wasn't constructed to be a high yield portfolio as I bought all of the Banks during 2009 as I sensed a bargain, experienced investors will also notice that this portfolio is very badly balanced with 3 out of 7 banks over the next few months I am aiming to get this balanced as well as pick up some more High Dividend Payers. I will update when something is interesting but this is where I find myself at the end of the calender year. (Although the divs are calculated as a financial year so divs paid between now and March will be added and final Yield will not be finished until March.) Also I bought National Grid only a few months ago hence have not yet received a Dividend.

*For full disclosure I should say that I do indeed own all of these shares however the volumes are worked out on investing £1,000 in each share (The Purchase price is the price I paid but I didn't buy £1,000 of each - I just don't want to tell the world too much about my finances.)*

Anyway this is the state of my real/modified portfolio that I will be updating around the time I make any real trades.