u/NotYetVested — reddlx

Image 1 — Is your Freetrade portfolio beating the market?

Is your Freetrade portfolio beating the market?

Hi all,

I built Finawaken Portfolio to answer one question with real numbers: is your portfolio beating the market? It now supports Freetrade CSV exports, so I thought it might be useful here.

You import your transaction history, and the tool simulates buying the ETF you choose (VWRP, VUAG, whatever you want to compare against) on the same dates as your deposits and withdrawals, then compares your money weighted return against it. There is also a daily, weekly and monthly heatmap against the benchmark, a dividends view by company, and a look-through of your sector, region and country exposure including through ETFs.

The Freetrade import is new, so if something looks off after importing, let me know and I'll fix it. There's a demo button on the home page with sample transactions if you want to look around without signing up:

Finawaken Portfolio

The screenshots are from that demo account, so the figures are sample data.

u/NotYetVested — 6 days ago

▲ 119 r/investingUK+1 crossposts

Check if your ETF has a version in your account currency before buying

Every now and then I see people buying an ETF in a currency that isn't their account's native one, when the same fund exists in their currency on a different exchange or under a different ticker. Easy way to skip FX fees on every buy.

How to check on Trading 212:

Open the instrument
Tap the three dots top right
Select Instrument details
Scroll to "Listings on other exchanges"

If one of the listed currencies matches your account currency, switch future buys there. No need to sell what you already hold, this is just for buys going forward.

Screenshots attached.

u/NotYetVested — 3 months ago

▲ 1 r/investingUK+1 crossposts

After reading about behavioural finance I started noticing these in my own investing. We spend a lot of time picking stocks and ETFs but rarely talk about the psychological traps influencing our decisions without us realising.

Endowment effect (Ownership bias) - We overvalue what we already own simply because we own it. Classic example: you buy a bottle of wine for £20, years later it is worth £200. You would never pay £200 for it today, but you also refuse to sell it. The same happens with stocks. Ask yourself honestly: would you buy this at today's price? If the answer is no, you are holding on because of this bias, not because of conviction.

Confirmation bias - When we believe in a stock, our brain filters out anything that contradicts that view. If you only follow bulls on a company you own, you are not getting the full picture. This is also what drives most social media investing communities.

Recency bias - We give too much weight to recent news and too little to the bigger picture. Markets are bombarded with good and bad news constantly. Reacting to every headline and forgetting your original analysis is how most investing mistakes happen.

Hindsight bias - After something happens, our brain convinces us we knew it all along. This makes us overconfident in our ability to predict the next move.

Home bias - Overweighting companies from your own country because they feel familiar. Familiarity is not the same as quality.

Status quo bias - The tendency to prefer inaction over action. In investing this shows up as leaving cash sitting idle because investing feels risky, even when the long term case is clear. If you have been meaning to invest for months but keep waiting, this is probably why.

Present bias - We overweight what feels risky today and underweight the long term benefits. The fear of a short term loss feels more real than the opportunity cost of not investing. This is why most people know they should invest early but still don't.

Which of these do you recognise in your own investing? 😄

reddit.com

u/NotYetVested — 6 months ago