LM portfolio as at 27/03/2026:
| Code | Sector | Date Bought | Cost | Value | Gain/Loss |
|---|---|---|---|---|---|
| LM099 | Food Producers | 09/02/2026 | £1530 | £1630 | 6.48% |
It's no April Fools joke, the table above is sparse because the portfolio is now down to just a single unit invested into a single share. The rest of the investments are gone - sold, disposed, closed off - following multiple changes over the past few weeks. The FTSE 100 stumbled 6.73% in March and the 250 fell 10.75% and when that happens I start to sell, sell, sell!
The first victim of the big cull was "MARS" or Marsden's PLC (LM095) which was sold after it slid down to somewhere in the region of a 7% loss. It has continued to fall since I sold it so I was right to kick it out. Net result: a £114.04 loss.
Next to go was CRDA (LM098) after it ducked under the 10% trailing stop-loss I had placed on its chart in ShareScope. Selling this quickly meant a small loss of £82.69 and Croda International PLC is still around the same price as when I sold it. Admittedly this was always a bit of a "punt" trade - I bought in solely because the price had recently popped above the 200 day SMA after spending around 2 years underneath it.
It wouldn't surprise me to see Croda go on an extended upwards streak now and maybe I will jump aboard again.
The following week I sold off my long-established position in Barclays (LM085). I made a good profit on this one but it was still very disappointing as it had fallen some way, taking some lovely gains with it before I eventually closed it off. I ended up with £836.71 in profit from this 4 unit trade and it has fallen a little further since I sold although it wouldn't need to rise much further to be at the same level as my sale price.
But the question I must ask myself is; would I buy Barclays today? The answer is a truthful no so I was absolutely right to sell. I took a large portion of its up move and I can't grumble.
Quilter PLC (QLT, LM079) was the next one I sold in the middle of March after it hit the 10% trailing stop. Again, I took a large portion of the gain over the last couple of years and it dropped a little further after I sold. Today it sits at the same level as my sale price. Easy come, easy go. A comfortable 4-figure profit; £1,299.37.
Straight away, on the same day, I sold out of MNG (LM096, M&G PLC) which was in the same sector as Quilter (Investment Banking and Brokerage Services) so I shouldn't have even entered the trade in the first place as I already owed a share in that sector. I made a small profit (£35.08) and it has since fallen another 8%.
The other 3 sales all came on the 20th March.
First was IMI (LM101) for a £185.41 loss (lower still today).
Then NG. (LM097) - National Grid - which I thought was going great guns but turned around with the general market weakness and started dropping, hitting the 10% trailing stop within 39 days of purchase. I took a little loss on this one of £72.71. It sits just slightly above the level I sold at.
Finally the best of the bunch, a 4 unit holding of RR. (Rolls-Royce Group PLC, LM090) that provided a total profit of £2,045.37 - the second best ever in this LISA Millionaire experiment. I'll admit that I was pretty gutted to sell this one as it had been such a great share, just like III, continually rising in price for well over a year. I certainly didn't take all the profit possible out of it but I captured a large part of the rise.
Better still it remains below my sale price as I write this - although I should probably stop looking.
All this sell, sell, sell action leaves a single share remaining and plenty of cash at the ready for when I see some signs of upward momentum.
In the meantime I remain a frustrated spectator on the sidelines of this market. My self-imposed rules forbid me from opening new positions when the FTSE 250 is under its 200 day simple moving average and it's something I'm definitely going to stick to as it has saved my portfolio from large losses in the past. Of course, it has also delayed my entry into a rising market previously but there is always a cost to caution.
What really narked me today was filling in my "Net Worth" spreadsheet - a simple worksheet where I log the values of each of my main investment vehicles once a month - my LISA, my SIPP, any cash savings and my various pensions. I typed them all in and pressed Enter only to see a decrease of 7% over the month - hideous...