The sold shares, all of which had stopped paying dividend where: BT-A, CPG, LLOY, MARS and RMG.
From the sales of the above I bought: BMO Global Smaller Companies (BGSC.L), Bankers Investment Trust (BNKR.L), The City of London Investment Trust (CTY.L), Lowland Investment Company (LWI.L), The Merchants Trust (MRCH.L), Murray Income Trust (MUT.L), Scottish Mortgage Investment Trust (SMT.L), Temple Bar Investment Trust (TMPL.L)
I notice since my sale of the above shares the prices have risen significantly (54%):
Symbol | Total chg. %
BT-A.L | 22.25%
CPG.L | 18.99%
LLOY.L | 37.35%
MARS.L | 89.62%
RMG.L | 144.58%
The ITs I bought have also gone up (24%) but not to the same extent.
I am trying to find lessons learn, if any.
1. I cannot time the market.
2. Limited use in ‘looking back’ at what was sold.
3. Be content if the shares / ITs you buy are ‘good quality’
TDM