After a disastrous Friday last week, my portfolio has climbed back a bit.
I had some uninvested cash in my T212 accounts, so I took the market dip as a buying opportunity and nearly all £140k of my deposits are now invested.
My all time high was £191k, so my portfolio has not quite fully recovered.
My purchases at the beginning of the week to pick up 'cheap' stocks included:
LLY
META
CME
INTL
MRVL
HPE
AMAT
AVGO
OSCR
SNDK
CSKR
I sold Zevra Therapeutics for a £500 profit (approx 30%) and Elevancc Health for £100 profit.
Portfolio holdings
ISA (£48k - £40k deposited)
OKLO is my biggest loser here. If I sold OKLO now, I would take a £1.1k loss inside my ISA (43%), but unless there is any sudden government investment news, I don't see it improving much.
Investing in nuclear is a long-term bet and OKLO seems to be just one of many horses in the race but it is backed by Sam Altman (approx $800 million). OKLO is only projected to become profitable in 3 years time. It's share price may go up by 20% this year if I am lucky but most likely it will continue to drift down. OKLO has plenty of cash but is dependent on government energy schemes and a single contract with META. I am going to hold on to OKLO at least until early July for any news of progress (source). Some good news could give a big boost to the share price.
GIA (£136k - £100k deposited)
My losers are mainly gold and silver miners, esp. Lundin Gold and Equinox Gold and OKLO.
I am hoping that the gold miners reports in August will see an increase in their price.
Best performers
Here are some of my best performers in my GIA
I have already top-sliced some of these and my other good performers (MU, SNDK, WDC, AMD, Hynix, etc.).
It may look like I am £36k up in my GIA, but I have crystalised about £10k of gains and HMRC will want their share of these gains next year (minus any tax loss harvesting) - so it is -£2-3k worse than this after deducting taxes!
Note: This is not investment advice and the stocks above have been bought over a period of 1-2 years and may not be such good investments now.
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