SIPP PROGRESS

Current Value (As at 8th November 2021) = £307,654including cash

Value at 8th November 2021 = £307,654
Target for 8th November 2022 = £359,355
Target for 31st December 2021 = £300,000
Value of SIPP at commencement of this blog on 1st August 2012 = £51,684.02.

Capital Growth is equivalent to 12.905%pa since Aug 2012 (not including monthly contributions and occasional deposits).


Saturday 28 August 2021

SIPP Value as at 28th August 2021

 What a month!

Even though I've not added this months bi-monthly contribution to the portfolio (pay-in £1000 a month in installments of £2000 every-other month) the portfolio has cracked through £300,000 in value.


Progress has continued unabated, with BlackRock Smaller Companies (BRSC) is up nearly 6% in the month; and Keywords Services (KWS) also up over 5%. Reducing my holding in VUSA and moving the money into Redde (REDD) was possibly done a bit too early, as VUSA is up 3.60% in the month.

Schroders Asia (SDP) has pulled back from a recent low but is still in a negative position.  The discount has been widening recently, but this investment trust is usually a good long-term play, and I will be exploring ways to increase the holding to 10% of the SIPP portfolio.

The month was a milestone for me outside the SIPP too, as my general investment portfolio of SIPP, ISA and general investments topped £500k, which - considering in April 2010 I had only a little over £300 to my name after 9 months of unemployment - I think is a tremendous achievement.

The current (as at 3rd September) 50-day moving averages are:
BRSC =  2050p
DPLM = 2995p
GBG = 865p
HGT = 385p
IEFM = 802p
KWS = 2800p
REDD = 422p
SDP = 600p
SGRO = 1210p
VUSA - 6150p

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