LM portfolio as at 18/09/2020:
| Code | Sector | Date Bought | Cost | Value | Gain/Loss |
|---|---|---|---|---|---|
| LM012 LM012-2 |
Real Estate Investment Trusts | 20/05/2019 28/11/2019 |
£2030 | £2360 | 16.15% |
| LM023 | ETF | 19/05/2020 | £1020 | £1080 | 6.08% |
Apologies that these updates aren't particularly interesting at present. Judging from the web stats nobody is reading them anyway...
As I've mentioned several times before I'm, rightly or wrongly, staying out of the market at the moment as it doesn't want to move up at all.
In fact as I write this update at around 1400 the FTSE 100 is down over 3% at 5825 following some press conference or another which occurred this morning at 11.
There's a second wave apparently.
Or there will be. At some point.
It's been on the cards since March when we had the first wave.
Who knows anymore?
Perhaps it's best if we get a huge down move in the markets. Let's see if the FTSE 100 can slump down to the 3000s, shake out all the weakness and get back to some reasonable valuations.
2020 has been a write-off because of COVID so as far as I am concerned the government can lock us down for the rest of the year if it will get rid of all this back and forth.
Looks like we will have to cancel a short UK break at the end of October because more restrictions will be coming. And booking a holiday abroad is far more hassle than its worth until everything clears up.
I don't pay much attention to the news and I have very little idea what the rules are at the moment. However I know others who are always up-to-date with the latest news and they also have little idea on the rules.
One thing I am good at is remembering my mask when I go shopping. Usually this occurs just as I get to the door, resulting in a 180 and a walk back to the car to retrieve it.
Maybe it's time to follow the lead of those who wear their masks whilst driving their cars. You know the ones - they are in the car on their own yet feel it necessary to wear a mask.
Baffling.