2024 Review
2024 Review December 31st, 2024 2024 TLDR What I got right Beat #CGT benchmark again Ended up with another positive YTD Reduced holdings count by 14 What I got wrong I still average down too quickly Still too many holdings Still need to embrace technical analysis Review Given the effort to manage our assets, it's somewhat dispiriting to see I've barely beaten the money-market fund I roll our ISA monthly yield into. But I console myself with the thought that I don't expect much more bond-proxy wealth destruction, we are reasonably diversified and the pf has generated a yield excluding interest of a record £76k. Unfortunately, the recent budget's IHT changes has meant a major upheaval for me as we are now accelerating the drawdown from our SIPPs over the next decade to gift it to our two children to avoid a big IHT bill now that SIPPs are included in ones estate. It was always a ridiculous position created by the Tories by legislating such that they became a...