Friday 19 May - Market Report

Market bounced back from the fall of yesterday, as I expected, so the portfolio is up by +£1,715.57

So today's Winners are:
  Aviva PLC
AV.:LSE

£6,429.63 +1.14% +5.01% +26.26%

+£72.2

  Monks Investment Trust PLC
MNKS:LSE

£6,693.70 +1.57% +6.86% +33.89%

+£103.74

And the Losers are:
  Melrose Industries PLC
MRO:LSE

£6,715.11 -1.19% +2.35% +22.01%

-£80.73

  Royal Mail PLC
RMG:LSE

£2,176.27 -1.20% +2.07% +23.10%

-£26.42

Also a few dividends this week, Costains paid £232, Aviva £185 and Melrose £55, I don't actually take the money it all gets reinvested automatically into more shares, to get an even bigger divi the next time, compounding - the 8th wonder of the world according to Einstein or was it Newton? And reinvesting also buys shares at a very reduced rate of trading - £1.50 - buying shares normally costs £12.50. It all depends on who your online trader is, some but £10 per trade is normal, and don't forget the stamp duty at .5% - thats a half percent not 5%! Of course if you buy RTFs there is no stamp duty just the trading fee. I usually but £5-10k worth of shares now, it's not worth buying anyless really. As my portfolio grows so does the size of each trade for new shares, but I've reached a point now where I'll only be adding to my existing holdings.

Things are looking just fine now, my regular investment program will be starting next month and I'll post more about it next week.