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Well, in fact my idea is to build a high income portfolio. Now 8 of my holding are all high yield with at least 5% div. Overall average yield is 6+%. I only have two speculative shares, which carry no div at all but only weigh 4% of p/f. Therefore I am quite happy to keep it this way. Unfortunately, my portfolio is still not perfect because high yield shares are mostly out of favour and they don't grow. Some even continue to decline such as VOD and NG. That's why I am ready to reduce my exposure of these two or even sell them up and buy other shares but only when the time is right. In the meantime, I'll just sit tight and enjoy my high income. Hopefully VOD and NG. will follow the markets and join in the rally as well.......nice wishful thinking of course...... hahahaha
Enjoy the rest of the weekend everyone and my apologies for all these off topic nonsense.
Hi Sidi I think you just have to decide and have a plan. If you are "investing long term" - then why bother selling at all. Invariably the SP recovers = it's just a matter of time with ashare like NG. I am always surprised by how sudden they move down, with utilities mainly affected by Bond/interest rate news.
If you are looking to trade in and out, then just stcik to your guns - good or bad, just make sure you only have small amount in any trading share -so if it goes pear shaped it does not wipe out too much capital.
I like to slice off (bottom or top) some shares if I can hold enough to have more than one batch. NG is only a "one batch share" for me, with plan to buy below 850 and sell above £9. My timing always misses the best moves with this one.
Yes my friend, that's exactly what I am secretly afraid of. The US markets have gone crazy but I wonder for how much longer. As the saying goes: what goes up must comes down. It's only matter of time that a correction will occur. Probably will be a huge retreat after such a long way they went up. I guess many investors are getting nervous now. Some may already have one foot at the door and will run for the hills as soon as the bubbles beginning to pop. My fear is that since I am always the one to react late that I could be the one to lose big. Let's hope that it won't be as bad as some people have predicted......lol
Evening Sidi No rush to buy anything atm. We've had a really good run with the FTSE this month, so overdue a bit of a pullback. The US markets are incredible defying gravity. But when that bubbles bursts .... and it will when we least expect it .... we can expect a knock-on shock over here despite the FTSE being a tiny fraction of the US30 index. Over the last decade the FTSE has gone nowhere while the DJIA has gone through the roof, past blue skies and into orbit by comparison. Cheers again - CSDI
Hey CSDI my friend. I only manage to break even at the moment. Probably will do the same if NG. can go up a bit more the coming weeks but I am not sure what to buy if I sell it though since SSE has already gone up quite a lot and I don't know about CNA at all....lol
Anyway, I'll think it over this weekend and decide. Good luck with whatever you are going to do. Have a nice weekend my friend.
Hi again sidi I've decided to part company with NG today. i've made a whopping 2% profit in 15 weeks and come to the conclusion a tortoise would be better equipped in a race uphill. I will find another home for this small piece of my p/f and may go for the old dog called CNA, although SSE may be more tempting. choices,choices eh Cheers - CSDI
S-i-d-i, Gosh you've done some revamping of the p/f there. I had to take loss on GGP as seems to be stuck now. I managed to get out of SLA into AV, sell AV to get back into SLA and sold again. The AV trade was good, but 2nd SLA not good, so I am ouy of those for now. With RDSB and GSK I am holding orignal batches and trading later batches, with a view to reducing both back down to max of 10% of p/f. I hope you've done well and note we are both in IMB and POLY for now. Both good divis. GL my friend. Cheers - CSDI PS. Apologies to others for off topic
Hi my friend, sorry I didn't read the posts here and reply you late. Yes, I am doing ok. I hope that you are keeping well too.
Well, just like you, I am really a poor investor. This is one of my sick dogs as well and second biggest holding of my p/f(18.11%). Only just managed to break even last week(only just, average 898p, lol) but very easily this will drop below that again any time. Hahahaha.
Also, I have redone my portfolio in the last three months. Sold GGP, SLA, RDSB and GSK. Bought AV, IMB, POLY, GSF and topped up LGEN and M&G. Now my overall p/f average is over 6%. Think I'll relax and leave them just like that for the time being. I hope that you are doing well with yours too.
Hi again S-i-d-i That would be wonderful. We've got two months before this goes ex-div on 3rd June. Assuming we are looking at 32p + 1 or 2% for CPI, I would hope to see a move towards 950. It's been stuck in the £8-£8.80 range for three months, and is just hanging at £9. It's never going to be a racy-share, but I think you can eke out somewhere iro 10-20% p.a by buying below 850p and selling about £1 higher with the divi, then repurchasing after ex-div falls. Other utility shares seem to be doing well such as SSE and UU. Even the dog called CNA is trying to recover, and has several brokers targetting 70-75p now. GL my friend. Cheers - CSDI
Good to see NG climbed above 900p again but seemed that the rally was kind of out of steam today. Hope that Monday will see more rises. It will be wonderful if it can go back up above £10 once more, lol
Just a note to make from that article, NG have not committed to retain an RPI linked dividend for the foreseeable, they have committed to it this year but future years will now be CPIH linked, which typically runs 1% lower than RPI. The lower measure of inflation.
The idea that more EV's means more investment in the NG transmission network is also fairly inaccurate. The current HV transmission network will not need much investment to accommodate EV's, at best increased capacity at grid supply points, what the sector really needs is innovation. If the acquisition of WPD goes ahead then this will be a different story and a new world of opportunities opens up within the DSO space.