NAPS 2017 – deciding to remain ‘in cash’

So i wrote a post with my NAPs for 2017 but being short of time, and on the whole nervous about the markets i didnt post it. I then resolved to post my NAPS on the basis that i’d be notionally 50% invested, holding the other 50% as cash until a point in the year where i wanted to invest the remainder.

But i still haven’t posted. I just feel too nervous with Brexit, Trump, recession risk in the US etc etc. I know there are alwys things to be worried about and i have no long term experience – i just think i want to to sit out for a while.  I’ve decided to remain ‘in cash’ for the foreseeable future. I may publish my NAPS at some point in the year – else if i dont, my performance should be judged as holding cash against the market.


Here are the NAPS i thought about posting for 2017 (as it happens, i would have been up 5%). It’s also worth noting that in my real world portfolio i am still invested, but may well go towards cash at any point. Obviously NAPS are meant to be a but then forget until the period end.
BLVN Bowleven
CAPD Capital Drilling
CRAW Crawshaw
EMR Empresaria
FLYB Flybe
GENL Genel Energy
IGG IG Group
ITQ Interquest
NTBR Northern Bear
NTG Northgate
OPHR Ophir Energy
REC Record
RBG Revolution Bars
SAND Sandstorm Gold
SLW Silver Wheaton
SLW Silver Wheaton
WTM Waterman
ZMNO Zamano

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