I am starting to think it may be time to diversify a little. Oil and minerals are great when things are going well but it can be tough to make up ground when things are not moving as planned. I was discussing this with some friends today after looking over a virtual portfolio I left running from 2009. Some of my original choices have flourished. There is definitely something to be said for just choosing quality companies based on good solid fundamentals. – Gains are slow and steady but more consistent… Bit like the Hare and the Tortoise!

I don’t plan to sell up and buy all safe stocks quite yet but I may be looking into making some changes to the way I invest over the next few months…

The value of the portfolio has remained steady this week with some gains and some losses;

Really, very little change from last weeks update.

BMR looks very promising and is showing no signs of slowing.

No update yet from XEL. If the update is not this month I am expecting a drop back which will provide an excellent buying opportunity. If the CPR is out we could see a substantial rise on the day…

MTA remain unchanged this week, even with all the recent ramping… Still looking very strong.

I was a little surprised with the extent of the GKP pull back. I didn’t expect it to fall back this far and if I had more to invest, this would be a good place to put my money.

I am not selling Avanti just yet…

Bowleven, I like. As for the rest of the portfolio, any of the others could go over the next few weeks to raise funds for new shares or to top up my other investments.

Other than the portfolio, there are still plenty of opportunities arising from the recent volatility in Japan and the Middle East. With the portfolio being fully invested I made use of the spread betting account. Not my usual thing but I have even held a few short positions this week! I cannot see the Japan 225 holding at these levels. I expect to see another drop back over the next couple of weeks.

I use IGindex for my spread betting account. If you want an account – sign up using this link, I get a small commission for signing you up so if use the link to sign up and actually use the account, let me know and I will send you a free book on spread betting.

www.igindex.co.uk/?QPID=46523987&QPPID=1

Next update will be on a Wednesday! As always, very keen to hear from you – email websitemail AT dailytrading.co.uk or use the comments system.