Not bad. The main portfolio is up approximately £20,000 ($35,600?) - that's 5.4% compared to a rise in the FTSEAllShare of 3.2%. In addition, my spread bet/trading A/c is £1,487 up.
For the first time since the summer of 2001 I've been going significantly into cash. It's not so much that I feel the market is too optimistic about the economy, but rather that I think there will be problems with Iran. Given the pronouncements of Iran's president, I plan to keep out of missile range. Events may make my plans to spend a chunk of the money mentioned in the previous paragraph seem rather unimportant.
11 February 2006
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