Two interesting landmarks

.. were passed today. The first: my portfolio passed the 700% increase mark since 1 January 1999 (FTSEAllShare up 16.71% for this period). The second: my portfolio has increased by more than £50,000 this year.* Thus far, things are going well this year - up by 13.7% whilst the FTSE has barely made 8%. Of course, this year's gains could largely disappear in a few weeks if the market turns nasty. I'm about 6% cash, and have quite a bit more oils than at the start of the year. Strongest performers this year have been Blue Planet World Wide Financials (BPW) ... sold out on 82% increase .... Daniel Stewart (DAN) ... up 52% ... Soco Oil (SIA) .. up 38.7% ... European Motors (EMH) ... up 40%.**


* Not much by a Wall Street whizz-kid's standards, but a lot, lot, more than I used to make ... and now I no longer have to mix with any more dull puritan, and tax-addicted, socialists in academe.

** If only I didn't have to hold "shares" in the bloody awful British government led by the actor, Blair, and that dour Scottish tax-and-spend monster (and bungler) Gordon Brown.***

*** He is to economics what Doctor Quack is to medicine. Like a greedy baby, he regularly vomits up - in his case, some incredible scheme involving lots of bureaucracy and a stunningly naive objective: his latest, to distribute "free" computers to home employees (earlier it was rural area!) has just bitten the dust. He can't, as the law stands, touch my £50,000 gains, but this greedy tax-guzzler has started to introduce retrospective taxation (such contempt for the rule of law is a sure way to start flushing a country down the toilet).