Advice request on HYP: Add new or top-up existing

[hsheil]

Hi all

I use the top-up spreadsheet to help drive my investing decisions and find it to be an excellent starting point - it helps with keeping me on track for sector diversification, and the nuts and bolts like real-time price, yield and coverage.

Where I think the "wisdom of the crowd" is needed though is in the top-up order. The spreadsheet is insensitive to news so sometimes the top-up order looks aggressive vs sentiment.

So, all feedback appreciated on my current portfolio - I've read threads on share quantity - I've always favoured more for diversity so I'm up to 50 now which I know will be anathema to some.

In particular I ask two questions of the forum:

1. Am I missing any obvious candidates that you hold.

2. What would be your top 3 top-ups from the current list of holdings below.

Thanks in advance!

Humphrey

[tjh290633]

The classic way is to sort by yield and then work down the list until you find a sector duplication, then skip to the next unused sector.

You seem to have most if not all of the usual suspects, and if the top up spreadsheet tells you to top up Carillion, Pearson and Aberdeen Asset management, then take its advice.

TJH

[Arborbridge]

Arranging your holdings in top up order helps to see the picture. I'd topup CLLN or PSON, but some people feel slightly nervous of those companies at present. If so, Aberdeen, SSE SL or Kier are all good choices. In Aberdeen's case, the proviso is that it is fairly close you your median holding size, so do not top up doing so will take you too far above (up to, say, 1.25x median is OK).

Arb.

[Gengulphus]

On a point of detail, I can see why one might hold both RDSA and RDSB shares in a HYP if the tax worked out the same either way (which it can - it just doesn't for many UK holders).

But I certainly wouldn't count them as two different holdings for top-up purposes!

Gengulphus

[richfool]

Standard Life as a top up. Or Unilever as a (currently lower yielding) stalwart, new holding.

[Raptor]

Standard Life as a top up. Or Unilever as a (currently lower yielding) stalwart, new holding.

As you say Unilever is currently low yielding so does not strictly meet HYP criteria. I just noticed that in the FTSE 350, they are the only company in "Personal Goods" section...

Raptor.

[77ss]

As you say Unilever is currently low yielding so does not strictly meet HYP criteria. I just noticed that in the FTSE 350, they are the only company in "Personal Goods" section

Whose definition of "Personal Goods" are you using?

Burberry and PZ Cussons spring to mind. Not that I regard Burberry as being in anyway similar to Unilever (or Cussons)!

[Raptor]

As you say Unilever is currently low yielding so does not strictly meet HYP criteria. I just noticed that in the FTSE 350, they are the only company in "Personal Goods" section

Whose definition of "Personal Goods" are you using?

Burberry and PZ Cussons spring to mind. Not that I regard Burberry as being in anyway similar to Unilever (or Cussons)!

I agree, but the stepone spreadsheet only shows Unilever..... Weird. Cannot get to spreadsheet at tbe moment to see what pz cussons is shown as

Raptor

[77ss]

I agree, but the stepone spreadsheet only shows Unilever..... Weird. Cannot get to spreadsheet at tbe moment to see what pz cussons is shown as

Ah... I had forgotten that you would probably be working from that.

[hsheil]

Thanks all for the advice and feedback.

@Gengulphus - holding RDSA and RDSB was a mistake on my part - I'll be selling the A and re-investing into B at some point.

Good to know that I'm not missing any obvious candidates, so I'll look to top-up some holdings this month.

Humphrey

[monabri]

That's an impressive list!!

How about adding BMS (Braemare Shipping Services) ?

http://investing.thisismoney.co.uk/charts/bms

[monabri]

oh, and SKG ?

http://investing.thisismoney.co.uk/charts/skg

[richfool]

Hsheil, My suggestions for what they are worth are:

Standard Life as a top up.
Unilever as a new holding, (albeit currently slightly lower yielding), (and regardless of what sector the latter is considered to be in).