Just a short note to alert you to the fact that I have updated the performance figures on the Portfolio page to the end of March 2015, although I haven't got around to updating the chart yet.
As I suggested when I wrote this page last year, returns over last twelve months have not been as stellar as those seen in 2013/14 or over the last few years as the market recovered from its lows. Indeed the UK stock market provided something of a "sticky wicket" last year and as such you can only play the balls that are bowled to continue the Cricket analogy.
Any way I still managed to achieve a decent score with a total return of nearly 11% which compared to the 5% return from the FTSE All Share Total return index. Quite happy with that and it still leaves my 6 year compound return north of 20% and means I have more than trebled my money over that period. My Q1 2015 total return was 9.3% versus 4.7% for the FTSE All Share .
However, pride comes before a fall, so not getting carried away as I could just as easily be behind the index by 5%+ on occasions and no doubt the market will suffer a big decline at some point in the future as this bull market is now 6 years old and valuations are not as low as they were, so need to be prepared for that eventuality at some point.
Any way I will be sticking to my process and using the Compound Income Scores to identify shares which are good value, with robust operating characteristics and a yield that is well covered, which has been growing consistently and is forecast to grow in the current year with those forecasts ideally supported by positive estimate revisions.