This month I spent a little less than usual, just £90.71, split between the S&P 500 and S&P SmallCap 600. I feel as though I have done some dabbling with more volatile and riskier investments thus-far which in the very short term have underperformed, and so to balance my portfolio I am focusing some more on (hopefully) more stable ones.
So far, most of the portfolio is down. The best performers so far are;
- Mitchells & Butlers – 25% up (on a single share…)
- Evraz Steel – 8.4% up
- S&P SmallCap 600 – 3.75% up (this month’s pick)
- MSCI World – 2.8% up
- Foresight Solar – 1.22% up
- FTSE 100 – 0.82% up
The poorest performers so far are;
- AFC Energy – 43% down
- Pan African Resources – 29.5% down
- iShares Clean Energy – 20% down
- The Hut Group – 10.6% down
- Greencoat UK Wind – 6.5% down
Clearly there are a few small winners, but the losers are quite significant, so for the past few weeks I’ve been considering different strategies that might not be so volatile.
These charts update (almost) daily and show my current portfolio in real time, so may not reflect what is mentioned in the post in several days/weeks/months/years. I may look for another solution for this.
Here’s this month’s investments:
iShares S&P SmallCap 600 (ISP6)
600 small cap UK stocks with a 0.68% dividend. Growth has looked quite stable up until the pandemic hit and has since grown quite quickly. It does seem as though the pandemic has helped some smaller, more agile companies gain a foothold and that is what caught my interest here.
1 share at £64.60
Total cost: £64.60
iShares S&P 500 (IUSA)
A standard S&P 500 ETF with a 1.22% dividend. Incredibly stable growth, doubling since 2016. This is what I benchmark my portfolio against.
1 share at £28.275
Total cost: £28.275
I have put money into a number of very small and very volatile stocks which have seen quick and quite large drops in value. Obviously, this is a long-term thing and I’m not expecting them to pay off any time soon, but it is a little disappointing to see such large drops so soon after investing.
This month I am “playing it safe” and also withholding about £10 for future investments.
I do still consider that some of my previous investments may work out and I will definitely be investing in more green shares, but for now I do need to dial back my risk somewhat.
What has been working better has been previous investments in cryptocurrencies, some which are up by as much as 50% just this month. Maybe at some point I will write about these as side investments, but I do need to get the main project on track first.
For next month, I will likely look a bit more into Evraz Steel, as one of my best performers, and some other more consistently positive ones.