Year 1, week 47: £196,800.38, up 0.73%

Arrowing pointing upPortfolio summary, gain/loss this week ending 28/12/2013:
Total Fund £196,800.38, up £1,416.70, 0.73%
Stocks & Shares ISA is £86,821.02, up £1,011.49, 1.18%
Vantage Fund & Share Account is £109,979.36, up £405.21, 0.37%

View a summary of the shares (excludes cash) held within each account at 28/12/2013, click on the links below:

ISA Summary 281213
Vantage Summary 281213

Year 1, week 46: £195,383.68, up 1.57%

Arrowing pointing upPortfolio summary, gain/loss this week ending 21/12/2013:
Total Fund £195,383.68, up £3,025.33, 1.57%
Stocks & Shares ISA is £85,809.53, up £1,279.13, 1.51%
Vantage Fund & Share Account is £109,574.15, up £1,746.20, 1.62%

View a summary of the shares (excludes cash) held within each account at 21/12/2013, click on the links below:

ISA Summary 211213
Vantage Summary 211213

The beginning of the end of quantitative easing

The US Federal Reserve finally announced it’s plan to taper down its money printing (quantitative easing), removing the uncertainty as to what’s going to happen, the markets have responded positively this week. Perhaps the markets will now focus on the good news and not see it as bad news, the markets knew that this was coming and that it was good thing, it’s not knowing the exact details of how and when creating uncertainty therefore volatility. Fingers crossed this will bring a little extra Christmas cheer.

Year 1, week 45: £192,358.35, down -0.45%

Arrow pointing downPortfolio summary, gain/loss this week ending 14/12/2013:
Total Fund £192,358.35, down -£873.87, -0.45%
Stocks & Shares ISA is £84,530.40, down -£258.74, -0.31%
Vantage Fund & Share Account is £107,827.95, down -£615.13, -0.57%

View a summary of the shares (excludes cash) held within each account at 14/12/2013, click on the links below:

ISA Summary 141213
Vantage Summary 141213

Taper tantrums

Stocks seem to be going nowhere in recent weeks, it’s a time of good news being bad news. Stories about the economy are more positive of late which is increasing expectation that the US Federal Reserve will start easing back on its money printing (quantitative easing) sooner rather than later. Like many countries America has been propping up its economy during the recent recession by printing money and putting it into the market every month, this has increased stock prices. If they slow this down, what will happen to stock prices… there’s the uncertainty and subsequent volatility in the market. Watching Richard Hunter’s daily stock market update on the Hargreaves Lansdown website, he referred to current activity as a “taper tantrum” which did make me chuckle, nonetheless there is going to be a few tantrums in the near future. I currently don’t have any plans to sell short-term, although I am getting my storm-proof clothing out of storage.

Trading update

I sold my India fund (Jupiter India Accumulation) this week, it hasn’t done much for a while apart from fall (down 20%). Recent unexciting news about India has tipped me to sell with a growing personal confidence in moving the money into company shares I want to buy that may give a greater return in the short-term. I have purchased shares in RSA Insurance (RSA) and British Sky Broadcasting (BSY), both have taken a bit of a hammering recently, solid companies with a good dividend at a bargain price.

I purchased shares in Xaar (XAR) and Norcros (NXR), fund managers on the Hargreaves Lansdown web site spoke about these in an interview. I think that if a fund manager puts his/her name to an individual stock they must have confidence in it. I don’t invest much this way, however it does introduce me to companies I wouldn’t have looked at, so far this strategy has worked OK for me, such as WANdisco (WAND) was discussed in a similar interview, this week the stock is up over 80% in 5 months.

I bought shares in Whitbread (WTB), mainly because I like their Premier Inn product, thinking as businesses pick-up so will business trips and coffee drinking (they have COSTA also). Bought shares in Taylor Wimpey (TW.) on the back of the housing market picking up, I already have shares in house builder Barratt Developments (BDEV) following recommendation from Hargreaves Lansdown 6months ago, the stock is up 42% this week. I have also bought shares in Microsoft (MSFT), Boeing (BA), Resolution (RSL) and Reed Elsevier (REL), these companies have been on my research radar for a few months.

Year 1, week 44: £193,232.22, down -1.17%

Arrow pointing downPortfolio summary, gain/loss this week ending 07/12/2013:
Total Fund £193,232.22, down -£2,282.03, -1.17%
Stocks & Shares ISA is £84,789.14, down -£1,163.88, -1.35%
Vantage Fund & Share Account is £108,443.08, down -£1,118.15, -1.02%

View a summary of the shares (excludes cash) held within each account at 07/12/2013, click on the links below:

ISA Summary 071213
Vantage Summary 071213