ISEQ: Up or down? - The Stockmarket Thread


#5601

ISEQ index over 6000 this morning. Peaked at 10,000 in June 2007 and fell to its low point of 1900 in March 2009.


#5602

Still 100% invested in Irish equities but might switch to cash a bit early this year :slight_smile:


#5603

Ah, the Gay Byrne school of diversification!

Seriously why would you concentrate all your investments in a small country the population of Manchester?


#5604

With the euro weakening lots of Irish companies will be looking at further profits.

AIB & BOI should continue to strengthen and QE about to kick in - hard to see it not rolling over 7,000


#5605

Somebody who understands the risk they are taking :slight_smile:


#5606

Seems a bit nuts to be 100% in Irish equities to me too, especially for a pension, there could still be several unexploded bombs in the Irish recovery. I would spread some around into Sterling and USD, at least they aren’t about to launch QE. You might be young enough to recover from anything of course.


#5607

Luan’s investment strategy sorry Luan :smiling_imp:


#5608

:laughing:

My rather quirky investment style has delivered a 23% p.a. (Money weighted) after all charges. I wonder how the average pinster stands up?

As I have another 20 years till I retire now is the time to be chasing alpha.


#5609

23% p.a. over how many years? It’s not possible to keep that up for a long time. It’s just gambling.


#5610

29% annualised total return in the last 24 months, which is about the same as US Large Cap Equity.

Current holdings.

But any dart-throwing monkey can make money on the way up…


#5611

Mind me asking what specific stocks you are buying or just ones that track the whole index?


#5612

Sorry I forgot to say 23% p.a. is based on the performance over the last 10 years.


#5613

Warren? Is that you?


#5614

Ok, that’s good, but it’s still gambling, but it’s good.


#5615

As it is a but standard pension product I am limited in the range of assets. As such all I am doing is timing my entry and exit out of risk positions.

For information pre 2012, I was flicking in and out of the US equity fund.


#5616

His is p.a. is higher over a much longer period :slight_smile:


#5617

so tax free too, well done!


#5618

Tax deferred :slight_smile:


#5619

Well my investment has grown by 706.32% over the last 10 years.

Last month it grew by 12.26% alone.

Happy days!

8DD


#5620

I do think it is important to consider the rise and fall in the relative cost of currency when buying a share.

The £ sterling devalued more then 400% against the detuchmark between 1953 and 1990.

If you bought shares in a FTSE company in 1953 it would need to gain in value 400% just to be worth the same as shares bought in a DAX company even if that DAX company shares had stood still.