Investment Review - March 2022

I didn't get around to posting the end-of-year results at the time, but on 31-Dec-21 the combined portfolio stood at an all-time high and the 2021 full-year return was +8.2%.    

On the face of it, not a bad result for the year but with UK RPI inflation this month also running at 8.2%, then it seems as if that'll be the minimum level of annual growth required for the next few years just to keep pace ... 

On the plus side, I didn't suffer at all from the panic seen over the last six months by holders of the likes of Fundsmith and SMT etc, because I've never been over-exposed to the Nasdaq and its so-called 'tech' stocks. 

Here's the combined portfolio position on 31-Mar-22 :-

Financial Planning - 2022 Annual Review

It's been a long while since my last post, what with spending a few months in Europe in the van during the winter, including being away over the Christmas period.

Anyway, we're now 9 full years into the grand plan - see posts passim - and here are the usual two graphs of progress against the 2013 targets.