Investment Review - June 2018

Well, we're already halfway through 2018.

I've been doing quite a bit of travelling this year and there are more trips coming up soon, so I haven't posted much lately.

But here's the usual quarterly portfolio update, as of the last working day in June :-

Share / Fund Purchases in the Period
None

Share / Fund Sales in the Period
None

Passive Income Index
After two good months for dividends etc in May and June, the index now stands at 268.1 as opposed to 196.6 at the start of the year, more than a 70 point gain already in 2018 (100 points represents the total income received during the full year ending 31 December 2016).

Commentary
No trading activity this quarter apart from the automatic dividend reinvestments. 

I haven't added any of the 2018/19 ISA allowance to the pot as yet, the only new money in there is from the monthly SIPP contributions.

There have been consecutive all-time portfolio highs in each of the past three months.  We're now well into a third year of sustained growth since we last experienced a prolonged period of stagnation ...

It could all come crashing down again soon of course, but it seems as if I've been saying that for years now.  

However, there's absolutely no room for complacency in these relatively good market times - doom and gloom will undoubtedly return again at some time in the future, so ceaseless vigilance and diversification are required ...