Firstly I just want to say thank you for all the fantastic comments that you guys have been posting over the last month whilst I’ve been absent. I really appreciate it!
As you may remember, last time I posted (sorry, more than a month ago!) I mentioned that I was off to Germany on holiday. We had a fantastic time, self-catering for nearly the whole trip (kept costs down) and seeing the wonderful beaches and sights of Mecklenburg-Vorpommern such as Schloss Bothmer, Schwerin, and the sheer weirdness that is Prora. Unfortunately, I got really sick when we returned to England (I’m sure I caught a nasty bug from another passenger through the aeroplane’s air). I then had a mountain of work to catch up on, due to having been away for so long. Then I got sick AGAIN. So that put me out of action for a while, and again caused another backlog at work. So the long and the short of it is that I have been effectively AFK for several weeks, other than for work purposes.
The good news is that I have still managed to make a few investments and I’ve recently managed to catch up on reading a few of my favourite investing/saving/frugalism blogs, specifically Dividend Life, The Dividend Drive, Quietly Saving, and FFB40. These all had lots of lovely updates whilst I’ve been away, so do check them out if you have not done so already. Of course, I can’t forget to mention No More Waffles, our favourite friend from Belgium. I am highlighting him specifically, because he wrote a really interesting post about Belgium’s cycling to work scheme, which is totally different to the British cycle scheme; ours being where you buy a bike through salary sacrifice, thus saving at least 25% then after a year you pay a one-off payment of either 3% or 7% . Check out NMW’s post if you’re interested in anything to do with bikes.
So, onto my trades. Really briefly – I bought Direct Line Insurance Group. I was at a loss as to what to do with my May/June investment, so thought about buying into more insurance stocks. Direct Line (LON:DLG) came up trumps, despite it not quite fulfilling my criteria (they have not been on the market for 7+ years being the major issue). However, they generate a lot of cash, and their upcoming special dividend was also a pull.
This was before the markets started going crazy over Greece. Since I bought DLG, it went down around 4-5% along with several of my other holdings, most notably Royal Dutch Shell (LON:RDSB), which is down 12.78% on my average price. Unfortunately, we need to have some work done to our car, so it looks like we might not be able to make another trade this month to take advantage of the current crazily-cheap RDSB, as well as smaller drops in National Grid (LON:NG), and Unilever (LON:ULVR).
Of course, I will let you know as soon as I can in another trading update if I do manage to make any more trades .
What have you guys been buying during June?