Hi Harry I do like seeing this kind of thing, thanks for running with it, I assume you get some pleasure from keeping a track of your evolving thought process too

Can I ask, what determines your choice of wrapper, I see some items you buy simultaneously in SIPP and ISA, for example - why? Does this not double up trading fees for the same overall Harry T exposure? Personally I try to keep my raciest stuff in ISA, and use the SIPP for everything else, and all overspill falls into GIA where I try to keep the most pedestrian stuff to avoid taxed capitals gains or divis as much as possible. So curious as to your approach.

Also curious to rationale for selling BG American after the weak year, and buying the Nasdaq index with the proceeds - have you given up on BG?

Cheers and happy new year

Thanks Clive, yes I enjoy keeping the monthly summaries which I initially started for this thread but now find them a helpful memory jogger as to where I am each month. The summaries are in Excel and each month is a new tab copied over so it’s not a big job at all but does give me a very nice overview.

By posting a monthly summary it also means there aren’t lots of posts cluttering the Transactions thread!


There are a few points to make here about how I go about things and please note that I am experimenting a bit at the moment to find out what suits my personality the best.

My overall approach is long term buy and hold but I also like to try to do a bit of swing trading around positions. I want to try to see if swing trading adds anything over a pure long term buy and hold approach so I tend to use the SIPP for long term and the ISA for swing trades. So I will buy in both accounts but always hold for the long term in the SIPP. Examples of this in 2021 are Diageo, Apple and Microsoft where I have traded a bit in the ISA but the holdings in the SIPP are only added to, not reduced - unless the investment thesis fundamentally changes.

Although it appears like I am buying simultaneously it is rarely the case with shares, Investment Trusts and ETFs that I would ever buy on the same day. OEICs yes but there are no transaction costs for OEICs on Hargreaves Lansdown, only platform.


My posts on this thread relate solely to my Hargreaves Lansdown account. In terms of fees, I am trading enough per month to be at the £8.95 one-off commission and sometimes £5.95 so I don’t fret about it unduly but do think about it. I feel that the heavy lifting on fee reduction is being done by reducing my OEICs.

I also have a Vanguard account which is receiving my annual ISA allowance in 21-22 and going forward, so my Vanguard account is growing. This helps a bit with fees and the small perception I have of platform risk.

In terms of themes I do try to keep dividend paying US stocks in the SIPP as this is the most tax efficient. This approach ties up with swing trading in the ISA where I will tend to hold for weeks or months but not years. Like you, I also keep income generating stocks out of my GIA as far as possible.


Hopefully my post previous to this one answers this. I sold 70% BG American in March 2021 and then the balance in December 2021. However, I am also nudging up my BG US Growth Trust (ticker USA) as I prefer to be in Investment Trusts. So no, not given up on BG but remain watchful - I have a decent slug of SMT and a smaller amount of PHI as well as USA.

I will generally give things 3 years but did jettison Nio, Square, Twitter and Futu early – may get back in to Square and Twitter if my rules are met.

Thanks for the questions and Happy New Year to you too

Cheers

Harry

Context: Born in the 1960s, married with 2 kids of school age. Sold my business, financially independent and am now probably retired. Investing from 2006 as a hobby and with greater focus since the beginning of 2021.

Some of the spreadsheet you have attached isn’t visible on the screen. Half of the sale side gets chopped of to the right, Is that just me or am I doing something wrong, can’t double click it to open it up separately?

On my screen, perfect Harry.

Pain this forum's formatting or whatever you call it, whenever I post a chart I'm trying to get enough "width" in that it doesn't give an exaggerated idea of the vertical axis, but without over spill.

Always enjoy these updates :)

what does your overall portfolio look like?