Investing / Holding / Selling / Rebalancing

[SmallSteps]

Hi All,
New to this forum (aren't we all), and relatively newish to Shares.
Curious to know what peoples approach is to shares at the moment.
I'm doing minimal investing, mainly in shares I already liked that have taken a hit recently (hopefully making the better value in the long term). I'm primarily focussed on Divs assuming all else is good.

[lento88]

Likewise 

[BlackPeter]

Must be me ... but not quite sure how to read your question.

Maybe you should explain what you want to get out of this survey ... does not make a lot of sense without more context.

[LaserEyeKiwi]

You missed an obvious voting option:

- Investing more than normal

[Cod]

My view 25% of a chance of further falls 75% chance of rising price, so have entered a slow accumulation phase.

[SmallSteps]

Must be me ... but not quite sure how to read your question.

Maybe you should explain what you want to get out of this survey ... does not make a lot of sense without more context.

Hi,
Sorry, I am just interested to know what people are doing - get a feel of the general mood.
I probably should have added "investing more than normal" and "converting to cash in the short term".
I have money both in shares and Squirrel, currently evenly balanced.
The idea for me being to get a decent return from Squirrel, and the Div based shares.
Resisting the temptation to gamble on picking the bottom, especially as a newbie, but the temptation is certainly there !

[BlackPeter]

Must be me ... but not quite sure how to read your question.

Maybe you should explain what you want to get out of this survey ... does not make a lot of sense without more context.

Hi,
Sorry, I am just interested to know what people are doing - get a feel of the general mood.
I probably should have added "investing more than normal" and "converting to cash in the short term".
I have money both in shares and Squirrel, currently evenly balanced.
The idea for me being to get a decent return from Squirrel, and the Div based shares.
Resisting the temptation to gamble on picking the bottom, especially as a newbie, but the temptation is certainly there !

Fair enough.

Hint ... if you want to know what the general mood is - no better way than watch the markets. If they go down this means more selling interest thatn buying interest and if they go up vice versa.

I am sure though, you knew that.

If you want to know what individuals are doing ... Well, I am still rather fully invested, however hold a bit more cash than normal ...

Otherwise - focus on quality stocks (i.e. companies producing stuff or providing services people need), not holding companies which with lots of luck might at some stage make money.

Sold out recently my gold mines which might be a good decision if we are close to the bottom but a not so good decision if WW3 turns thermonuclear. Time and Putin will tell.

Does this help?

[kiwi2007]

I'm into my 70s now and think it's about time I switched more of my investments into bonds, ETF bond funds and high yielding shares such as Genesis and Woodside along with some US and UK high yielders i.e baccy - Altria and BAT.
I'm not sure what the sort of split should be these days? It used to be 70% bonds and 30% shares for someone my age but I'm thinking 25% 'cash', 30% high yield shares and 45% bonds? 

[BlackPeter]

I'm into my 70s now and think it's about time I switched more of my investments into bonds, ETF bond funds and high yielding shares such as Genesis and Woodside along with some US and UK high yielders i.e baccy - Altria and BAT.
I'm not sure what the sort of split should be these days? It used to be 70% bonds and 30% shares for someone my age but I'm thinking 25% 'cash', 30% high yield shares and 45% bonds?

I don't think that your age is the only or even most relevant thing you should consider ... and there is clearly not a magic percentage how to balance your portfolio.

Example 1:

Assume you need $50k from your nestegg per year and have $10m. No point in putting 70% of your nestegg into cash and bonds. Put as much in safe investments as you might need over the coming years ... and keep the rest invested as before.

Example 2:

Your nestegg is $100k and you know that you likely will need all your money over the next couple of years (a big spend you know about, or maybe a rainy day fund for this unplanned but essential surgery). In this case not a good idea to put even 30% of your money into risky growth assets. Put all 100% into the bank!

You need to look at your personal circumstances, your overall wealth, your overall requirements to decide how much of your money you want to keep in cash. Your age is just one factor, and rarely not the most important one. No sensible rule of thumb around.

The other thing is - why do you think that any overseas investments will be safe (US and UK high yielders)? Are you sure you will be able to control any future geo political events as well as the exchange rates? Good luck with that. I consider anything overseas as "high risk" (but yes, sometimes as well high return).

If you are unsure - talk with a financial advisor you can trust .... it might be the best investment you can make.

[Mr Cashflow]

Can we master the following?

• How to keep future mutibagger winners?
• How to avoid future losers?
• How to sleep peacefully by having a quality portfolio?

As investments have risks, better to invest in businesses that we can understand.

[THESTG]

At the end of January when my spreadsheets were showing lots of red which I had been ignoring for too long, I decided to sell down and sit on cash for a while.

I hold 20 NZX stocks including ETFs' and a small amount of international investments.

Over the years I have been re-investing divs & taking up all the warrants with KFL & BRM.

These have grown to 20% of my holdings so it was time to sell some of these.

I sold KFL & BRM leaving me with 1/3 of these shares left & a nice pile of cash to re-invest in the future & was also able to pay some bills as well.

Well it only took me a month knowing this cash was lonely not increasing in size so time to re-invest.

From the end of February till the end of March I bought into dividend yielding companies' 
TRA – GNE – WHS and set up a weekly account to DCA into USF

I still have over 16,500 KFL Warrants which I think are toast!

[SmallSteps]

At the end of January when my spreadsheets were showing lots of red which I had been ignoring for too long, I decided to sell down and sit on cash for a while.

I hold 20 NZX stocks including EFTs' and a small amount of international investments.

Over the years I have been re-investing divs & taking up all the warrants with KFL & BRM.

These have grown to 20% of my holdings so it was time to sell some of these.

I sold KFL & BRM leaving me with 1/3 of these shares left & a nice pile of cash to re-invest in the future & was also able to pay some bills as well.

Well it only took me a month knowing this cash was lonely not increasing in size so time to re-invest.

From the end of February till the end of March I bought into dividend yielding companies' 
TRA – GNE – WHS and set up a weekly account to DCA into USF

I still have over 16,500 KFL Warrants which I think are toast!

I have some KFL Warrants coming up in November - I suspect they are going to be worthless (sad, as my first ever Warrants !).
I've also got TRA / GNE / WHS for the Divs and hopefully a bit of recovery / growth over the next while (long maybe).
I only sell if I've changed my mind, or direction, so mainly just holding.

[Shareguy]

I'm about 70 percent invested at this stage. Have a well diversified portfolio of 25 NZX stocks some Australian and US shares.  Also have a global exposure through my investment in Pie funds.

I'm a long term investor with plenty of time left on this earth (I hope).  Dividends are good but am looking more at capital appreciation over time. 

I can't stress enough that a well diversified portfolio is the key to protecting one's capital.

In the last 2 months have added to my Apple holding and purchased new positions in Google and Amazon. Plus recently Pay Pal.  In NZ have taken a large position in Genesis and have added To my Oca,Rym,Sum. Have also just added some more PPH.

Have only 1 new NZX share on my new position watchlist, other than that will add to existing positions if opportunity's arise.

[Left Field]

Recently some NZX shares such as ATM, FPH, GNE, RAK, SKL, STU have climbed up over the 30 day MA.

My NZX portfolio also up about 7% in the last 2 weeks.

Is it just a dead cat bounce? Interesting times.

[Basil]

That's the $64,000 question.
For mine, the leading indicators do not look encouraging.
Consumer confidence both here and overseas at multi decade lows.
Business confidence survey out this week showing widespread pessimism, worst since the height of the first wave of Covid in March 2020.
Half of all those with fixed mortgage rates fixed in previous years with once in several generation low rates are facing a radical repricing of their mortgage payments in 2022.  On the other hand the market generally is forward looking and recovers before the economy does.

According to reports from several sources I have recently read the average bear market lasts a little over a year and the market loses about 31%.  I think this one is gong to be worse than average because of egregiously excessive monetary policy stimulus causing one in 100 year lows to interest rates and arguably grossly excessive asset prices.

Bear market rally's in the order of what we have recently seen are a common occurrence in a Bear market.  This one might have a little more life in it but probably not a lot is how I see it. Covid numbers starting to really ramp up is a sobering reminder of where we are really at in this pandemic.
I remain very cautious and extremely defensive with portfolio allocations.  I hope I am wrong but my sense is we are only, at best, half way through this mess.