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John Baron
Steve U
Posted: 21 April 2018 10:39:00(UTC)
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Has anyone got any experience of using the John Baron subscription service ?

The performance history all looks good but as the history only starts post crash it dilutes it somewhat.

Apologies if this topic has been covered elsewhere
Ermintrade
Posted: 21 April 2018 10:59:46(UTC)
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I decided not to use the subscription service after some thought. I subscribe to Investors Chronicle so I can see Baron's two main portfolios (Growth and Income) once a month, together with any changes he has made and the rationale behind them.
The thing about John Baron is that he is a very active investor. Every month he makes changes - often top-slicing some holdings, topping up others, or buying new positions. I am more of a LTBH investor. I did use his Income portfolio a couple of years ago to inform my own Income portfolio, but I have no intention of slavishly following all the changes he makes.
Regards
ermintrade
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Haleric on 21/04/2018(UTC), dlp6666 on 26/04/2018(UTC), Chris Howland on 26/04/2018(UTC)
Keith Cobby
Posted: 21 April 2018 12:44:57(UTC)
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He trades too much for me, probably because he feels he has to generate interest. What would interest me is his personal investments.
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Freddy4Skin on 21/04/2018(UTC), Steve U on 23/04/2018(UTC)
Split Cap Jim
Posted: 22 April 2018 15:16:48(UTC)
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Steve U;61003 wrote:
Has anyone got any experience of using the John Baron subscription service ?

The performance history all looks good but as the history only starts post crash it dilutes it somewhat.

Apologies if this topic has been covered elsewhere


Seems to come up regularly on the forum
e.g.
http://moneyforums.cityw...s-Income-Portfolio.aspx

Probably worth a search to see other posts.

Don't use John Baron myself.

1 user thanked Split Cap Jim for this post.
Steve U on 23/04/2018(UTC)
Aminatidi
Posted: 22 April 2018 15:49:19(UTC)
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Every time I see his name I wonder how large a portfolio you need to have for his costs plus all the trading costs to make sense?

I assume he's not aiming at the "low rent" 5 figure mob like me? :)
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Steve U on 23/04/2018(UTC)
Alan Selwood
Posted: 22 April 2018 17:04:55(UTC)
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think it's do-able with £100,000 (there are approx 25 holdings in the Growth Portfolio, which therefore averages £4,000 per holding). I seem to think he started with £100,000 in each portfolio.

From what I've read in IC, my impression is that he changes the amounts held in a couple of trusts every month or two, so you might need to factor in dealing costs of 24 x your platform dealing cost, plus 0.5% stamp duty. If you used iWEB or X-O, this would equate to about £145 p.a. for the commission. Perhaps a max of £250 for stamp duty if you allowed for total sale/purchase rather than a small chunk of top-slicing and redirection of proceeds?
So perhaps under £400 on £100,000 = 0.4% p.a.? Probably less.
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Andrew Smith 259 on 22/04/2018(UTC), Steve U on 23/04/2018(UTC)
Big boy
Posted: 22 April 2018 17:16:06(UTC)
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Why not get your Investments Managed by someone like Nick Greenwood at MIGO.....he can add a lot of value compared to an IT Portfolio Service.
Fuzzy Beats
Posted: 22 April 2018 18:46:05(UTC)
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Big boy;61063 wrote:
Why not get your Investments Managed by someone like Nick Greenwood at MIGO.....he can add a lot of value compared to an IT Portfolio Service.

With an average annual charge of 2.4% excluding platform fees, he will also trouser an awful lot of your future returns.
5 users thanked Fuzzy Beats for this post.
Tony Peterson on 22/04/2018(UTC), Andrew Smith 259 on 22/04/2018(UTC), North Star on 22/04/2018(UTC), Peter59 on 22/04/2018(UTC), dlp6666 on 26/04/2018(UTC)
Antony A
Posted: 26 April 2018 09:10:48(UTC)
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The problem with JB's subscription service is that it is too expensive. I might pay £25 a year, but certainly not £170, for what ultimately are just more detailed musings on the trusts he holds in the Growth and Income portfolios tracked in Investors Chronicle. The cost of renting server space for the website can't be great, so you are basically paying for his research and writing time, which is fair enough but I don't think it's worth £170, especially when there is so much other material and intelligent commentary available online, either free or included in say one's platform fees, which you have to pay anyway.

He has also proliferated the number of portfolios, to no great effect that I can see. When there were just four portfolios - Spring (long-term 100% growth) through Summer (Growth at Investor's Chronicle), Autumn (Income) and Winter (income and capital preservation) - there was a clear timeline and investment rationale behind the site that matched most people's longer and shorter investment horizons. The extra Thematic one made kind of sense too, as there were always themes within the main four portfolios and it was useful to investigate those themes in more detail. The extra portfolios like Dividends and Foreign since then don't have such a strong logic and risk a loss of focus.

I don't agree that he overtrades: most of the monthly changes are top-slicing or reinvesting dividends. I still find his perspective in the IC useful, and he's introduced me in the past to trusts like SEC or OIG that I would not normally have noticed or had insufficient time to investigate further.
6 users thanked Antony A for this post.
Andrew Smith 259 on 26/04/2018(UTC), dlp6666 on 26/04/2018(UTC), Jim S on 26/04/2018(UTC), Slacker on 26/04/2018(UTC), Alan M on 27/04/2018(UTC), I predict a riot on 25/05/2018(UTC)
Big boy
Posted: 26 April 2018 12:24:39(UTC)
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Fuzzy Beats;61066 wrote:
Big boy;61063 wrote:
Why not get your Investments Managed by someone like Nick Greenwood at MIGO.....he can add a lot of value compared to an IT Portfolio Service.

With an average annual charge of 2.4% excluding platform fees, he will also trouser an awful lot of your future returns.


My experence is that it's very difficult to add value ( I have been their) by using an ITPS. Nick G will always have the inside track and be offered lines etc.....sometimes below the bid price. He can also buy stocks that would not be open to a Portfolio Service. He is likely to be the leading FM in the IT sector with many year experience. An AMC of .65% is very reasonable and don't both about buying Funds based on cost. It's more important to understand the policy of how the AMC/costs are charged. He has the ability to outperform a portfolio of direct investment.
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jvl on 26/04/2018(UTC)
Aminatidi
Posted: 26 April 2018 17:03:31(UTC)
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Big boy;61063 wrote:
Why not get your Investments Managed by someone like Nick Greenwood at MIGO.....he can add a lot of value compared to an IT Portfolio Service.


Do you mean a "bespoke" service MIGO offer or do you just mean the fund/IT Nick shows as the manager of?
Big boy
Posted: 27 April 2018 08:00:31(UTC)
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Aminatidi;61316 wrote:
Big boy;61063 wrote:
Why not get your Investments Managed by someone like Nick Greenwood at MIGO.....he can add a lot of value compared to an IT Portfolio Service.


Do you mean a "bespoke" service MIGO offer or do you just mean the fund/IT Nick shows as the manager of?


It's preferable to have the IT rather than any "bespoke" service. Don't worry about the cost implications as Nick Greenwod will be able to add more value managing the Trust.
Chris Moore
Posted: 24 May 2018 11:14:24(UTC)
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Steve U

Did you decide to use one of John B's IT portfolio's? I'm about to consolidate a number of my DC pots into a SIPP and will look to base a chunk on JB's Winter portfolio.

I subscribe to his web-site and have monitored his trades. From what I observe he only trades a couple of times a month and that's across all 6 portfolio's. I don't think that's excessive.

I've done a lot of research on the guy and have only found good feedback. I also like his philiosophy and expertise on IT's.

My plan is to have a couple of model portfolios (one from JB and one form Money Observer (India) - both income orientated) together with a cash allocation.

I will take the yield from each portfolio and depending on the amount/performance may supplement from the cash pot.

I'd be interested to hear from anyone who has any experience in either JB's or MO's model portfolios.
Split Cap Jim
Posted: 25 May 2018 17:42:44(UTC)
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I've been following the Money Observer portfolios for a while, and have invested some of my ISA in Lima and some of my wife's ISA in Foxtrot. Both include a mixture of ITs and funds.
Will be comparing them against my own choices (though both portfolios include trusts I would own anyway).
For the money, I think a Money Observer subscription is great value - includes a decent IT supplement every quarter and plenty of analysis/updates on their model portfolios.
5 users thanked Split Cap Jim for this post.
dyfed on 25/05/2018(UTC), Ludditeme on 25/05/2018(UTC), Andrew Smith 259 on 25/05/2018(UTC), Mr Helpful on 26/05/2018(UTC), Chris Moore on 26/05/2018(UTC)
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