2018 NAPS style portfolio update – there isn’t one!

October 4th, 2018 | Posted by shauniekent in Personal/StockRanks NAPS Mix Portfolio | Uncategorized

I haven’t posted in a long time and have neglected to post a 2018 NAPS style model portfolio. I explained in my 2017 NAPSesque post that i was nervous about the market and wanted to stay partly in cash. The FTSE 350 actually ended the year c. 8% up whereas my portfolio which was 50% cash ended the year about 1% up! So ultimately  ayear of lost potential gains.

The truth is that i continued to feel nervous at the start of 2018 and didn’t pick a 2018 NAPS portfolio….. but sitting here bearish indefinately is unsatisfactory….

2018 is showing a decline in the FTSE 350 so far. Perhaps a NAPS style portfolio would have outperformed. My wider market nervousness has led me to increase holdings of cash in my personal portfolio and to buy some put options on certain overpvied US stocks (Netflix, Tesla, Shopify, Snapchat) but what i really want to explore is the idea of a more systematic Stockopedia NAPS style long/short portfolio whereby we pair the highest ranking stocks in a portfolio with some short positions in the lowest ranking. Watch out for future blog posts on this…

 

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