So I had a week off this week and this has coincided with a matured investment and the Share Split next week.
Now the investment was originally going to pay off a loan costing £170 per month, however I have decided to go in “balls deep” this week and have invested £17,000 in the index. My portfolio at the end of February was £1,762. My last 3 months % growth had been 12.63% in December, 28.53% in January and 7.14% in February. March YTD is 17.76% but that includes some good trades on Monday evening after the announcement. All dividends are reinvested.
My portfolio value is £19,192 which needs to generate £2,040 per annum to meet the continued loan repayments. Therefore it needs to generate a yield of 10.63% hopefully from dividends. Capital appreciation should occur via the impending split, continued growth of the forum and my football knowledge (all being well)
Obviously investing £17,000 requires a strategy so I have spent the week analysing player performance, yields, average and top PB scores and prices compared to previous peaks to try and find value. Since December, I have prioritised MB players which has paid dividends so I have continued with that strategy for now. Any IPDs are an unexpected bonus. Therefore, I have looked at players who are gathering rumours about summer 2019 transfers as I think it will be a huge summer with no major European tournament. UEFA also increased prize money massively this season so dropping out of Europe is more costly than ever. Lastly, I have also looked at players whose contracts expire in 2020 and 2021 who are hopefully more likely to generate rumours regarding transfers.
I have split my portfolio into 4 categories and any thoughts or feedback are welcome. Hopefully this is not considered the biggest pump ever as I am not wanting to dump any. However, every player has a price and will be traded once the dust settles next week.