Total Portfolio Update: June 2020

I have decided to change how I do updates. From now on, on the blog I will post updates monthly. Weekly updates will still be posted but on Twitter – you can follow me here. Additional, these monthly updates will consist of all my assets as I want to be completely transparent and honest with you.

This month has been very up and down in the markets with fears of a rise in covid-19 cases. The US has seen its highest daily increases in cases and there have been fears of a second wave in Europe; both Germany and the UK have imposed local lockdowns. Therefore, a lot of the gains that have been made in the first half of the month have been wiped out.

I am expecting to see a short downward trend that will then recover and move sideways for the second half of the year. The main reason for this is with shops reopening and job retention schemes being phased out, job loses will increase. The effects of recession, I believe, have not yet been factored into the markets.

The total portfolio

Total Portfolio_ June 2020

My total portfolio breaks down as follows:

  • Cash: £2,841.02
  • Pension: £3,763.38
  • Peer to Peer Lending: £776.76
  • Stocks: £1,834.85
  • Cryptocurrency: £523.03
  • Silver: £81.88

So my total net worth is £9,820.92

For a breakdown of my stocks portfolio: here

Top performing stocks

  • WH Smith (SMWH) 18.88%
  • Allianz (ALV) 15.70%
  • Microsoft (MSFT) 12.58%
  • Morgan Materials (MGAM) 10.98%
  • Royal Bank of Scotland (RBS) 9.78%

In the long term I can see property, financial and travel stocks performing well as they are still at or near to their March lows. You might still be able to find a good deal. Personally, I am still very interested in buying WH Smith, RBS, Wells Fargo and Realty Investment.

Bottom performing stocks

  • National Express (NEX) -18.44%
  • Johnson & Johnson (JNJ) -7.39%
  • Bank of Montreal (BMO) -6.07%
  • Lloyds Banks (LLOY) -4.44%
  • ITV (ITV) -3.93%

All of the above, except maybe JNJ, are highly affected by a resurgence of covid-19. ITV relies of travel advertisement, National Express – travel and Banks are vulnerable to people’s changes in income. I am approaching these falls as good news as they are all perfectly sound companies with their stock on sale. This is a great time to buy more, keep cost averaging down!

Passive income

This is an area that I am very small in but hope to increase over time:

  • Dividends: £3.72
  • Peer to Peer Lending £0.07
  • Cryptocurrency £10.14

Total: £13.93

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