Firstly, I hope eveyone is keeping safe and calm, washing their hands and not been caught short by the mad people stock-piling toilet paper, pasta and paracetamol.
Upon family advice, I’ve been making sure bit by bit that my essentials have been topped up since January, because they warned that there would be idiots who would be hording like it’s the apocalypse.
The stock markets continue to be in chaos, so it’s an interesting time to update my experimental Dogs of the FTSE portfolio. As someone who’s only really invested during a great bull run, I think it’s important to try to document the bad as well as the good!
My poorly mutts weren’t doing particularly well in my first update and things now look pretty dire. Only Persimmon (PSN) is seemingly doing well, still building houses despite everything that is going on in the world.
The FTSE 100 Total Return was minus 10% over the same period so the Dogs are doing worse at minus 16.33%. Even if I include dividends received, it’s a loss of 12.88%. Ouch!
Just one more update to go in June for this portfolio, probably not really enough time for the markets to recover and for my dogs to lick their wounds, but we’ll see. All I can do is to just collect the dividends and hope my losses will be at a minimum.
As I’ve mentioned previously, this is not a strategy I would recommend to anyone, this is my own fun experiment, although it’s really no fun at all looking at all the red numbers.
Like last time, to cheer myself up, I will take a look at my Random Share Portfolio, which I first mentioned here.
This portfolio is made up of free shares awarded to me whenever someone signs up via my Freetrade affiliate link, bagging themselves a free share in the process. Freetrade is an investing app which (since 28th Feb 2020) allows you to buy and sell instantly for free. Link is here* if you are interested.
Might be an opportunity for those who want to take advantage of some cheap stocks and not have to pay a trading fee.
Anyway, here are a few of the free random shares I’ve been awarded since the last update:
And here’s what the full portfolio currently looks like:
Still waiting for that Tesla or Netflix share to drop, but as mentioned previously, I’m well happy with all my free shares. Most of them are ones I would never have considered buying, only because I wasn’t even aware of them.
I’ve actually sold a couple of the shares (when they gained 50%) and just ploughed the cash into a random share I already owned.
I think I’ll just keep them (mostly) and see what happens.
Anyway, keep calm and carry on investing.