Dear Ed,
Would you pick the same NAPS stocks today?
(So far not good)
RMcG
At the risk of putting one’s own foot somewhere that it shouldn't be...
Dare I suggest that whilst there are some very interesting discussions on here, both for and against companies, ideas, etc. Ultimately Stockopedia is a platform which supplies data (and tools) that contribute towards helping YOU seek out and select YOUR OWN investments.
It isn’t a tipping service.
Flak jacket and tin hat on.
I thought NAPS 2019 was doing quite well?
Of course NAPS would not select the same shares today, it will change everyday.
Well, it is not entirely clear what the opening post refers to. One presumes some stocks, picked in some year may have underperformed over some unknown time period.
Anyone who has read about investing in any depth will know even the finest investors and their strategies have periods of underperformance.
Might be time for the moderators to hit the Delete button.
Well,
I did the Naps this year with a part of my portfolio, just as an experiment to see how I do and whether I could handle leaving 20 shares without being tempted to buy more of the stocks doing well, or cutting my losses on the stocks that fall below my normal stop levels.
It's up 1.3% so far (YTD), and whilst this is trailing my active portfolio (and the All Share or Aim markets) considerably, its still on target to beat any interest levels on cash accounts.
As has been mentioned above, the idea of Naps is zero admin, and so there will always be some stocks which would look better than those chosen at any given time. Hindsight is a wonderful thing.
Lets see how its doing in a few weeks. I could have done much better adopting a stop loss (so far), but then it would not have been zero admin.
I'm surprised - I set up a Portfolion on Jan 2nd with the 20 2019 NAPS selections "buying" an equal value of each and as of this evening it's showing a profit of 5.9% which I thought was pretty good (it beats my real portfolios anyway).
Maybe the difference between 1.3% and 5.9% is dealing costs and stamp duty??
I would have been happy to include the portfolio here but I'm afraid I don't know how to do that (if it's even possible).
Hi laughton,
Yes probably it.
Mine does include all costs. The Portfolio is actually showing a 1.8% loss today, due the Plus500 (LON:PLUS), which was the highest gainer up to yesterday!
Sorry, but I really fail to see why my post above warrants a thumbs down?
If someone could be so kind as to explain it would be really appreciated as feedback (so I can improve my posts).
I did set a 2019 Naps up out of interest, mine was 4% up yesterday and +2% today, I'm surprised costs and stamp duty would make that much difference. Best share is Redrow (LON:RDW) up 21%. I'm not inc. costs or dividends. +4% in the first 6 weeks is good considering the spread on some of those shares.
I am a part time investor, the worst, lazy kind. The Stockopedia site seemed to me to be quite extraordinary. A huge amount of information collated , more than a city professional's desk could have expected a few years ago. Too much for me to spend a lot of time digging into, but very impressive. So after the announcement of Ed's Naps selection I opened an account with Hargreaves Lansdown , transferred £100k and invested £5k into each stock.
Since then my £100k has reduced in value by 2.3% and the FTSE 100 has increased by 4%.
So I am asking would Ed pick the same stocks today, a month and a half later?
Here is my Naps screenshot from 5 mins ago.
I included all dealing costs in the costs section to give a true picture, as per the broker costs incurred for each stock (with the frequent trader discount). The Portfolio was under £10k in total. i.e. as close to £500 for each share as possible including dealing costs.
Its now showing a loss after today's fall of Plus500 (LON:PLUS) which had been the highest riser up to yesterday.
Hi Investor27
I also used Hargreaves Lansdown. I'm guessing the differences in performance between our (You, me and Herbie) Naps portfolios must be down to fluctuations in the price between our exact days of purchase and the economies of scale, perhaps, on the size of transactions.
For me, it was more of a small experiment, as explained above. So the relative lack of performance is not an issue for me. I only put 1/10 of your investment into this, with a view to assessing this at year end. There is still a long way to go before making my assessment.
Part of the explanation then is that your real portfolio is with £500 per share whereas my "just keeping track" portfolio is based on £20,000 per share.
So, yes, dealing costs are going to have a much bigger impact on purchases of £500.
I think it very much depended on exactly when you bought into NAPS. There was quite strong performance in early January but things have slowed down or stopped since mid-January.
That explains why the costs are a high proportion as you are only buying around £500 each transaction. Of course if you bought £5,000 each time the costs would be much lower. You only have 10 shares so it will not match Ed's selection.nk 6 weeks in is far too early to judging performance, best to look in about 4 months time. Last year started off well but then got hit from around June onwards. This year is very difficult to predict.
