Re: moorfield HYRP
Posted: December 31st, 2022, 1:48 pm
moorfield wrote:2022 Update
Revolution. This year I have turned over the portfolio significantly, 52%, by recycling lower yield shares into higher yield investment trusts. The ratcheting effect of this has seen a significant milestone reached years earlier than planned - a natural yield income exceeding the higher rate income tax threshold (£50270). Acc Unit value gained +4.9%, Portfolio Xirr since inception (Nov 2008) was +8.4%. I turn 50 this year, for the next five years at least that income will continue to be reinvested into ITs (boring!), and it is not inconceivable that it might double again at +7.2%pa before I turn 60 (with the help of further contributions). We shall see, but I can now start thinking seriously about stopping working full time by 55-57 and broadening out IT holdings.
Trading & Costs
Portfolio Leavers
WPP, AZN, GSK, BA, ULVR, AV, NG, UU, SDRC, SSE, SHEL
Portfolio Joiners
EAT, CSH, HFEL, SMIF, NCYF, THRL, CHI, APAX, AEI, HHI, JLEN, FSFL, SOI, MYI
All that remains to write as usual is:
Happy New Year 2023 to All, and Thankyou to Owners and Mods for keeping LF running.
M
Congratulations - you are doing well! And thanks for giving me some New Year reading, because some of those tickers I do not recognise - not that I am anxious to collect even more, but you never know.
Arb.