Another exciting week!
I did some day trading by selling some shares that were dropping and then re-buying them at the bottom. I also have 5K in cash now.
Weekly progress report
The table below shows the weekly stats for the last six weeks on my T212 accounts:
T212 Accounts
Deposit Age 12 Sept. 19 Sept. 26 Sept. 03 Oct 10 Oct 17 Oct Result(wk) (IRR since start)
£20,000 7 mths £24,700 £25,083 £24,619 £25,225 £25,622 £25,790 £343 (ISA 30% - 20k lump sum in April)
£70,000 15 mths £76,474 £78,574 £78,415 £80,057 £80,138 £80,503 £437 (GIA 44% - DCA in chunks - 26k added Aug.)
Overall gain this week is +£780.
During the week my 20K T212 ISA reached 27K and my 70K Invest GIA account reached 82K.
So my £90K T212 accounts (£20k ISA + £70K GIA) now totals £106.3K (+£16,293 gain).
Tips
Centrus Energy was doing well until the Trump post.
I plan to cash out of other shares next week as I can see the next three weeks as being extremely turbulent and want to hold some cash to buy the dips.
UK Budget
In the UK, we also have the budget at the end of November. I am expecting a big change because the government have delayed the date and my guess is they are planning a big change and want all government systems ready for it. I only hope they will stop taxing the middle classes and encourage growth and productivity. It is the ideal time to encourage foreign investment into the UK now as we have a relatively stable economy compared to some other countries.
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