Originally Posted by whatnext
My heart wont let me do the precious metals, my gut feeling is that its the wrong way to go (my gut has been wrong many times though), but I feel I'm covered sufficiently in that area through my commodities pension fund anyway
I have a few lemons in the share portfolio, but others have been quite good.
Some are small companies that I have friends working for, others are whims and others are companies that I felt were in a good position to grow.
Pharma: Elan, Astra Zeneca
Explotation: BHP Billiton, Dragon Oil, Jubilee Platinum, Prov Resources, San Leon,
Food Science: Kraft, Provexis, C&C
Business: Paddy Power, Prime People, St James’s Place, Dixon Retail, Barclays, Anglo (lol, its still listed on my account), CPL
Tech: Wolfson Micro Tech, Ericsson,
I've learned an a lot about the markets from my mistakes, which is good, but I have made a couple of quid on some disposals too, ie I have sold some that I felt I had made enough to cut and run. If I had the same view on losses I'd be much happier.
Over all my current holdings are up about 30% which aint bad considering some of the lemons I bought, that doesn't include disposals .
What I wanted to do is to look at something a kin to wine. I had looked at land in aisa or eastern europe but its just too much work for the amount I'd be looking to invest.
I looked at some of the forestry funds, but was but off by how pushy the sales people were, if the product was as good as they were making out, there would be know need for their sales tactics.
I do try to keep away from stocks covered by my pension funds.
im a little more conservative with my portfolio , i keep away from those small cap explorers
i had vodafone for a while but bought france telecom in april , was at a near year low , has a monster dividend of nearly 13% , its not as big or as solid as vodafone but dominates the french market , telecoms dont drop off the face of the earth , telefonica is another monster dividend payer , its the spanish provider but has a huge presence in latin america
i own the french energy major TOTAL , very good dividend of nearly 6% , BP or shell might be larger but their div isnt comparable
i owned BHP biliton for a while but sold it due to talk of china slowing down , its since made a healthy rebound, its a stock which very much relies on china and is a real bellweather of the australian economy
20% of my portfolio i made up of apple but i intend to reduce , apple cannot grow like it has but it should still be a great stock to own in the coming few years
i own two banks , i own a small amount of bank of ireland which i bought at 9 cent , i also own the spanish giant santander which has had an awfull year , that said its the biggest bank in europe and has a huge presence in latin america , its also pays a dividend of 10% , it could collapse but if it does , its a sign that europe is heading for disaster , its a long term hold
i own one healthcare stock , glaxosmithkline , huge company , up there with pfizer but with a significantly better dividend , that said i think an ETF which covers a bunch of healthcare companies is a better idea , that way you combine johnson and johnson with pfizer and co
im very bullish about agriculture going forward , glanbia and kerry have been my biggest gainers bar apple this past year , the dairy market has tremendous potential in this country and the visits by china earlier in the year are very significant , kraft foods which you own covers this area but i doubt it has the same growth potential
i also own john deere the tractor company but it hasnt done well for me , it should be a benifactor of the thriving agri sector globally but obviously has a few issues with its balance sheet , still , im holding on to it
i also own a small number of shares in two luxury goods companys , richemont and mulberry , mulberry is very volatile but has seen remarkable growth this past few years, this sector is heavily dependant on the growin middle class in china