Fractional Fun

Things haven’t been too jolly lately so I thought I’d do a light-hearted interim post to raise the mood, during these dark dreary days.

So what do the below companies have in common, aside from being big US corporate behemoths?

Answer: I own one share in each one of these companies.

After dismantling my Dogs of the FTSE portfolio, I sensibly reinvested the cash into existing investments but found there was a few quid left sitting in the account.

I had some fractional US shares which I was doing nothing with but I then got the idea of continuing to buy more fractions with spare pounds in my account (minimum £2) until I’d built up each holding (that I wanted to keep) to one whole share (or thereabouts).

Fractional shares have been in the news recently as HMRC don’t consider “fractions of shares to be shares’ which apparently meant they couldn’t be held in ISAs, so therefore subject to CGT etc.

This wasn’t the interpretation held by some investing platforms (such as Freetrade) which allowed fractional shares to purchased and held within S&S ISAs.

The good news is that it looks like HMRC’s policy may be changed following the Chancellor’s announcement in the Autumn statement that ‘certain’ fractional shares shall be allowed in ISAs.

However, I’m not sure what happens between now and April 2024 (the proposed change date) but I guess I will deal with whatever happens when it happens. If I have to sell, I’m unlikely to be breaching any capital gains thresholds.

Anyway, this is the only one of my portfolios where every single one of my holdings is currently showing green, with Microsoft leading the way up 42.13% (at the time of writing) and Meta at 35.65%. Apple is lagging at 6.89%.

Why am I doing this? Well, it’s not really making a big dent to my Future Fund (or it could actually be part of it!), maybe I just wanted yet another spreadsheet to update, or I just wanted to mop up those odd quids sitting in my account, to put every penny to work.

However, mostly it’s because it’s fun (I enjoyed running the Dogs of the FTSE portfolio) and it’s kind of cool (I think!) to say to my friends that I own a bit of McDonalds or a bit of Apple!

Keen-eyed readers will see that there are 9 stocks there and I’ve thought of ultimately making it a nice round 10.

But which company to consider for the last spot in my ‘One Share Portfolio’?

I’m overloaded in tech so maybe something other than tech?

Suggestions below for consideration and if stuck for decision (after my own research), I will randomly pick! 🙂

25 thoughts on “Fractional Fun

    • Hi Tim
      Sorry , your comment got stuck pending moderation but another one for BH – looks like a likely contender, thanks and yes, will take a while to get those fractions together into a whole one!

    • Hi Nick

      10 keeps it a small but fun portfolio, but never say never!
      Thanks for the suggestion, an interesting one, paying a monthly dividend (though it would be pennies!).

  1. i can’t compete with the BH suggestion, which is marvellous, but maybe consider a single unit or say $100 in an S&P 500 tracker, so you can easily monitor how your holdings fare against an index. Probably badly, if my naughty portfolio is anything to go by!

    • Hi KC
      I already hold an S&P 500 tracker and we all know that in the long term, single selected shares are unlikely to do as well as an index, as your naughty portfolio can attest to, haha!

  2. I have a haphazard collection of obsolete continental coins (especially Belgian Francs) and a couple of US $2 bills.I suspect they will be worth nothing whatever. Except $4.

    • Hi dearieme
      I have a tin full of old coins, a mix of centimes, lira, deutschmarks, French francs and pesetas. Think there’s a one pound note in there too!

  3. I only hold a couple of individual stocks, the already mentioned Berkshire Hathaway and Hershey (HSY). The latter has been a very good long-term performer and is currently around 30% below its all-time high, so may be a good entry point.

      • Yes, that’s right. It’s an interesting company, conservatively run, with plenty of potential for further global growth and obviously a US icon, similar to how Cadbury used to be in the UK. It also helps fund the Milton Hershey School, a charitable foundation in Pennsylvania. Apparently, Investor’s Chronicle reviewed Hershey, this week, and rated it as a buy, I believe.

    • Good suggestions, Tony. Incidentally, have you decommissioned your blog? Looks like it’s gone which is a shame…Weenie will have to update her blogroll too.

      • Hey Curlew, I have not. I am just changing my hosting provider. Hopefully it should be all working well in a couple of days.

    • Hi PortlyGent

      Thanks, I’ll add Tesla to the mix for consideration.

      Chevron or Exxon then? Interesting, as I do think big oil will be around in some guise in the future.

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