Stock Market – We make 64% in 2 years

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We attempted to double our money in two years and we concentrated on banking and IT Recruitment companies.

We started on Jan 1st 2012.

Our 2 years are up. UK stock market has risen by 18% since we started.

It was 5,700 and is 6,730.67 now.

Here‘s how we have done so far.

Barclays Bank

Buying Price – 179.07p

Price Now – 272.63p

Rise – 52%

CPL

Buying Price – 215p

Price Now – 590p

Rise – 170%

Harvey Nash

Buying Price – 52p

Price Now – 101.5p

Rise – 92%

HSBC

Buying Price – 496.73p

Price Now – 656.10p

Rise – 32%

Lloyds Bank

Buying Price – 26.10p

Price now – 79.64p

Rise – 205%

Nakama Group

Buying Price – 3p

Price Now – 1.50p

Rise – -58%

Parity Group

Buying Price – 20.75p

Price Now – 30p

Rise – 42%

RBS

Buying Price – 202.70p

Price now- 343.45p

Rise – 69%

ReThink Recruitment

Buying Price – 8.25p

Price Now – 5.75p

Rise – -33%

SThree

Buying Price – 226.25p

Price Now – 360.38p

Rise – 59%

FTSE

Start of 2012 – 5.700

Now – 6,730

Rise 18%

Overall Results

Overall we are up 64% since we started at the beginning of last year.

We are attempting to turn £100,000 into £200,000 in just two years.

Our £100,000 is now £164,000.

However, we have outperformed the FTSE-100 which is up 18% since we started so we have easily beaten the market by about £46,000.

Failures

I wish I didn‘t always have to pick an even 10 shares.

If I had just picked 9 I would have been nearer the target as my last pick was Nakama. Without Nakama I would have been 76% up.

The biggest disappointment, though, is ReThink Group.

The target of doubling our money in 2 years was a very high target.

I wish I had made it three years which would still have been pretty good. Up 64% with a year to go would have nade it achieveable.

To double your money in 2 years you really need a rapidly rising stock market AND an outperformance of that market with my shares.

THe stock market rise has been worth just 18% of the rise. What I like to think of as my expert share picking is responsible for the other 46% of the rise.

Future

The banks always recover earliest in an upturn but the agencies have joined in now too.

I might not have hit targets, but every year we‘ve tried this we have outperformed the Stock Market which isn‘t too bad.

The accumulated figure over the years would be pretty good.

I’m going to continue with this portfolio to see if we can double our money in 3 years. That would still be pretty good. Of course it would have to rise by over 50% from the current which would be difficult. I think I’ll continue to find out how long it will take to double my money.

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