I am 40 year old, self employed with a SIPP in the low six figures, according to my figures (which might not be the same way everyone else does them but it's how I have done them each year so I can compare like for like) my total pot grew 12.55%, and this includes 6.07% dividends and the rest in growth. I have also been adding capital equal to about 10% off the fund value at the start of the year (however this has been an unusual year where I have been able to put in more than normal this year so is not sustainable long term).
At the start of the year I was 100% focus on individual shares, about 30 in total but I have started to move most of the new capital into three funds (HICL, HFEL, MYI) and my aim is each of these will get to 11% of my holding (33% in total) all dividends are reinvested unless the holding exceeds my target which are then added to the new capital and used to increase the holdings of the three funds.
![Image](https://i.ibb.co/v1g4FRy/Screenshot-2021-12-31-at-15-32-50.png)
My calculations are taken as following:
Yield = average dividend value of the last three years divided by total purchase price of the holdings
Value = current price / average purchase prices
Income = (current price * shares) / (purchase price - total dividends)
So, other than my ramblings I suppose I should be asking a question, and the big question (am I doing the right thing) probably can't be answered.
My main rule of thumb has always been, don't sell anything, loses are only realised when I do (which is why I am still holding onto Centrica and De La Rue) but I know that equal logic could also be if I moved those small holdings into something else I could recoup the losses quicker. I also know that PLUS500 is an outlier, I am enjoying that while it lasts, total dividends are just about to overtake the original purchase price so when that bubble bursts I will not be too unhappy.
I want to keep upping my holdings in the three funds as that gives me at least a little but of diversification away from the UK. And I have twenty years before I start needing an income from the SIPP so anything I do will be focused on the long term.
I originally posted in "High Yield Shares & Strategies - General" (and thanks to those who commented there), as I have always erroneously assumed when I first started investing I needed to focus on income rather than growth so have considered myself a HYP where in hindsight I probably don't have a single strategy which might be my undoing. it seems I should be focusing on growth now and income later
Any advice, comments or observations as to what I could be doing in 2022 will be welcomed, I would like to increase my exposure to the US tech sector (QQQ?) which i think would give me the growth I am looking for, but have I missed the boat?