If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Some good discussion on here.
The passing on of inheritance via pension to pension as means of skipping tax was new to me. An interesting one
Am surprised that none of the ESG type plays were mentioned. Renewable energy is massive post Covid, SPs generally highly stable besides an occasional raise (which is best time to buy) and dividends usually 5-7% depending upon the play. Capital growth typically close to zero, but that's a byproduct of stability being offered.
For example there are a couple of battery storage funds which is about as safe as possible (unlike wind and solar that can have lower output periods due to weather). Not giving specific names here, but found it interesting as I'm not really aware of much being safer
Other thing to be conscious of is time. e.g. you mentioned LLOY as an example. Given recent rise with divis resuming, there is probably limited growth in the near term, and divi is still weak to make decent return. However, over a 5+ year horizon, it will probably improve a lot and perform well (especially if interest rates need to rise a little to counter future inflation).
Essentially, set a goal (e.g. 5% or something easily attainable) and a timeliness for what you're happy committing to. Without that basic foundation, how will you ever know if you made right choices?
Well said. Case in point.
I was unaware of TTG and have done my usual diligence and gave added it to my reserve list to watch. Certainly looks tradeable on pullbacks.
.So thank you.
My checking out also led me to some other pages which may be useful for background research for other companies.
Thanks CSDI, halfpenny what you doing on here then if your not fishing for views/info/guidance?, Never too knowledgeable to seek other opinions and views, I do quite well on my investmemts thankyou very much, might have took me 10yrs of learning ,the hard way sometimes! But if you only go on your own judgements , you will find you miss out on some excellant opportunities.
For all the ones that have been polite and offering their opinions , check out and take a punt on Ttg , I am sure you wont be disappointed , for halfpenny Dyor as always
It is often hard to time this successfully.
In a perfect world, the share price should drop by the amount of dividend on the ex-div date. However the world is not perfect and other factors mean that the share price could open lower or higher and then move throughout the trading day meaning the share price is unlikely to fall by that exact amount.
Many scenarios - many outcomes - any of which could happen.
HOLD - pocket dividend and the SP prices past pre ex div price...... Ideal.
HOLD - pocket dividend and the price falls further than the post ex div price..... Ouch.
SELL - miss the dividend and the price rallies past the pre ex div price..... Oh dear!
SELL - miss the dividend and the price falls further..... Useful (as you may be able to buy back same stock at a lower re-entry)
and of course what happens to the share price over the following days or weeks could make a good trade bad or a bad trade good in hindsight.
Sometimes a share price can rally a bit as the ex div date approaches as many institutions invest for income and want to participate and bank the dividend. Often, after the ex div date, the share price can continue to fall as there is no compelling reason to hold until the next dividend is due.
HTH to show it is not all black and white.
Also complicated by your tax position if you exceed your dividend allowance or need to pay additional taxation on dividend income via self assessment.
I trade and am content to pick up dividends along the way. i look at them as a bonus or compensation if there is a need to hold until a miss timed trade turns around.
DYOR
Anybody buy and sell just for the dividend ie sell before ex div date and move on to another and sell just before ex div I know there is a dealing cost but is it worth the gamble to say buy cey then move to poly or what ever.
Hi Crazy Carzy
My name is CSDI - Crap Share Deailng Ideas - as I specialise in getting it wrong, unintentionally of course.
The subject of HYPs and divis is something I've followed since 2004.
There is no such things as "Safest Divi Stocks" as everything comes with Risk and Reward - no free rides or guarantees - this is the stock market after all.
Without recommending anything there are number of candidate shares strating in the FTSE100. All of which pay or forrecast divis > 5% p.a:
Aviva, BATS, BP, Evraz, GSK, Imperial Brands, Legal & Gen, M&G, Nat Grid, Persimmon, Phoenix, Rio Tinto, SSE, VOD .
There are many more from FTSE 250 and Inv Trusts etc.
My p/f inlcudes ASEI, BATS, CEY, GSK, IMB, NG, SSE and SUPR - all with big divis, but many have suffered big drops.
I would suggest if picking 5 or 6, pick one from each of 6 different sectors to give a bit of diversification. Or split one amount 50/50 if you want two insurers or tobacco shares etc.
Good luck whatever you decide.
Cheers - CSDI
Best advice I'll give you is never give advice to anyone. If you're asking here you shouldn't be let lose with the decisions for investment. Sorry but that's a fact.
Thing I like about premium bonds is that you can always get your initial stake back and over the years I have been lucky enough to have quite a few wins (not jackpots) which have made a better return than recent interest rates savings accounts.
Oh for the long gone days when we were getting 5.5 % on our ING savings accounts!
Mrtibbles
Let's hope we can make a bit when the share price rises in the next 2 yrs
Haha cheers Tibbs , wifes got the premium bonds in my name and hers , I/she actually won £500 last month and was elated, as Ive been goading her verage £100 monthly returns! New green nsi savings out soon meant to be decent /given current times.
Wise counsel Automy1,Afur & Wolfbag2,
A free forum where let's be honest anyone can be whomever they choose to be certainly isn't the best place to seek the investment advice especially when considering what you have explained about your personal circumstances.
In the past I held all the supposedly safe as houses ftse 100 share's you mention including Stan.L HSBC when they were far higher they are now and paying handsome dividends, RBS ruined by Fred the Shred & 2008 financial crisis, government’s HBOS rescue packages, BP Deepwater horizon disaster, environmental lawsuits to name but a few issues did for them all, some went down the lavatory pan completely ,others have never really recovered to former glories and I doubt they ever will in today's ever changing world.
Whatever anyone's views on Brexit the longer term effects are going to have damaging long term effects on the UK markets , economy and sterling , Europe will not suffer in the same way simply because it’s much bigger and the ECB will support the Euro, just like the FED will support the dollar and Wall Street.
The ftse is now a pumped up pile of pants full of hot air and baloney, true run like a Casino where the house will always win and punters win just enough times to keep them hooked, until they lose their pants!
How many of us now can honestly say that we are able to give sound investment advice, certainly not me, here am I sitting on half the what I had in Centamin four or five months ago because I chose to ignore past failures and that nagging doubt in the back of my mind that the management not been entirely honest in the past and Sukari was on course for record output at last, and the good times were coming because the financial experts were predicting due to of all the money printing precious metals were going through the roof ,even the analyst notes predicted £2.90 for Centamin anytime soon!
So what happened, Youssef sold shed loads of shares, never mind it was only for property development, what does an ex policeman know anyway, then Oh no! a surprise RNS the open pit wall has started to collapse simply because the Sukari management hadn’t bothered to organise waste ore clearance over many years!
After the initial kick take down to the SP due to a guidance cut a further kicking was delivered after the next quarter’s results were announced which that has continued to the present!
Oh yes and so far nobody seems to care about money printing or paper gold anymore as long as it pumps up the market and those that do care just buy bitcoin instead!
So consider Premium Bonds and seek out a good financial advisor!
Thanks
Numquam
Even when they're wrong, the wife is always right!!
Yes dear.....
Nice to see a bit of northern movement in the SP .
Where do people see the SP in the short term? I've an avg of 1.25 be nice to creep towards that in the coming months.
DaggerMal
Great advice Wolfbag.
We're contemplating investing quite a large chunk( for us) with a fund.
We're looking at My Wealth formerly Wealth at Work.
They charge I believe 2%. Per annum.
Is this a realistic fee? Are there any others that people could recommend?
Obvs its DYOR but any info/comments would be welcome.
DaggerMal
Same situation, , we rent a house out too , but dont want anymore workload, we are decluttering our work life as much as possible , used to employ 44 headaches and all their problems too , just got 11 left as good as centamin(gold) ha, Autonomoy, i asked on here because I value some if the posters as have been here 10 yrs or more, and collectively are probably more experienced than most FA,s,
Thanks Steve , yes already maxing out pensions each year, and started on the kids pensions too , have an FA , hes advising vtc and eis schemes which I am going to , its just the wifes accounts that are depreciating.
The people are very lovely and helpful on this board and genuinely want the best for all. Many have had/ do have high-powered jobs and are extremely knowledgeable. But you need to see professional financial advice to talk over your circumstances and hopes for the future etc. Remember, the road to hell and all that....
Let me tell you a story I had a FTSE 100 co that went bust some will know which one and the FCA do nothing and I loose
My mate was sold Dolphin a German property co that paid 12% it also went bust
He got his money back from the Fscs because he was misold it I still got nothing
I urge you to take Autonomy1's advice. Seriously.
I try to be safe myself. I think you should encourage her to just move a small amount & keep the cash ISA alongside. Most of the safe harbours have not been so safe in recent times - Lloyds for example SP is way down & seems reluctant to rise & only just started paying a dividend again. I use JIM (x-o) & also have shares in them which all seems to be good. Otherwise, maybe use Investment Trusts which can give exposure to a range of shares to spread risk - I've got holdings in several. I'm with others, but am loth to recommend in case it all goes Pete T!
Cash safe ,unless inflation eats it. As day trader says stocks are not safe and do have risks but they should be assets and not liabilities. The thing to try to do is buy assets and not liabilities. Assets make you money ad liabilities cost you money. I quite like rental housing, and I have one ,but who knows where house prices will go and one needs a sizeable lump of money to be safe if you are starting in housing. I am mainly retired and I think my aims are to enjoy my assets and to help my children and grandchildren. My wife says shares are gambling and she is probably correct , she usually is !
Carzy
I'm in a similar situation when I manage investments on behalf of my ageing father !
Remember - Diversification for less risk !
My personal choices for "safer" stocks at the moment - -- HALMA - NG - SEGRO - DIAGEO
Think about FUNDS too - they will do the diversification for you - I personally like FUNDSMITH and LINDSELL/TRAIN - but again - DIVERSIFY !! and a simple tracker fund will cost less in fees (eg VANTAGE )
Another route to secure income - take a look at AV.A or AV.B currently around a simple 5% yield paid twice yearly
Here is some advice if you have got millions like you suggest pay someone to look after it and dont ask on a free bulletin board
Ah I see- what I did in 40's with my savings.... I was a higher rate tax payer, so everything I earned over the basic rate tax relief I put into my pension, I then used my savings to supplement my income. Higher rate (40%) cut in about £37.5k from memory- so every £1000 pm I earned I got £600 if I saved (but a few % interest), but £1,000 when I put into my pension. So gain was 40% :-) per month, massive- I couldn't do it in 1 hit and had to drain down my savings to gain max benefit. My pension which is private has grown massively as I'm global equity based (high risk) but there are many many other lower risk options. I'm not a financial advisor, just someone who takes care of his money- long term, equities. I invest myself, my pension is managed by an active managed company (you pay greater% but gain greater% so net gain is all I'm concerned about). I have other investments too- the key is balance. I would have had a heart attack by now if I'd managed my pension myself as it's rather large, and had I plopped it here at 230, would be jumping off a large building....
Also, you can look at setting up pensions for your kids- if you leave a big pension eg drawdown, you can, on death, leave it into their pensions from your pension and it is then free from inheritance tax- if I were you, I'd speak to a good financial advisor.
We are fortunate ,Shes never going to rely on the money, it will just be part of our estate left to the kids, but we are only in mid forties, and its less than 1% of our worth , just sickening to see 0.1% interest when as a long term play its guaranteed to double in the big safe establishments , especially if I picked 4-6 accross a broad range dont you think