Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Apart from your own ISAs there are other ways.
1. Spouse has their own ISA allowance, and transfers of capital between spouses is free of capital gains tax afaik. Obviously transferring any money to spouse means it isn't your own money anymore, so that's an aspect to consider.
2. There is SIPP. Obviously once money goes in, it can only be taken out in accordance with pension rules, such as currently going to be age 57. However if you are looking really longterm, then SIPP should be at least considered before discarding the idea. Sales of particular holdings can be done, and then reinvested in other shares or into funds.
"From holding around 30% of my portfolio by value in dividend paying stocks 3 years ago I've now reduced the figure to around 17% as of today. The reason? Well, this share is a prime example of why. As of today I've locked in a dividend payment of 14.62p, unfortunately it's cost me 16.00p in lost capital!!
I sold 33% of my holding here last month, 18% earlier this week and the balance (50% of my original holding) I'll continue to hold for the time being.
My investment in a simple global equity tracker fund has delivered a positive return ytd of 7.5%; my holding here (including future dividend) a negative 0.7%. An outperformance of 8.2%.
Total return is the key measure for me."
Maybe I'm missing the point but you're basing your numbers on locking in a dividend and then selling ex dividend when SP obviously dropped?? Who would do that? Makes no sense? Surely you sell before it goes ex and buy back on the drop, if you believe it will drop more than the divi, which yes it often does, or you would hold and receive the dividend and continue to hold until higher SP then sell (if wanting out) or hold long term?
Robleo,
Yes, you can pay into a stocks and shares and a cash ISA in the same tax year. But your total payments into them canāt be more than your Ā£20,000 annual ISA allowance. So you could pay Ā£5,000 into one and Ā£15,000 into the other, or Ā£10,000 into each of them. However much you put into them (and any other ISAs you might have), it can never add up to more than Ā£20,000 in a tax year.
But I have already used my 20k on a cash ISA so my understanding is that I cannot open any other ISA in this tax year.
Yeah i have
Fretters, someone correct me if i'm wrong, but i thought you could have a stocks and shares isa as well as a cash isa
Not that I won't consider an ISA. Just that I have maxxed out my 20k with a cash ISA already so as to keep my non-ISA interest below 1k.
Director dealings say LGEN a sell.
Aviva a far better choice
Maybe a takeover bid be on the cards soon
As I said In my last post this has got a very long way to go and I have to laugh at some on here predictions 3 quid a share by June/July. Maybe next June or July.
Maybe an interest rate would help or an end to the war in Ukraine
Continuing to underperform the FTSE as expected. Hmmm!!
Share price down already by more than the dividend. Never fails.
If you have a wife and children then you could utilise their allowances and don't forget CGT could come in to play at some stage.
Any reason why you wouldn't consider an ISA?
It's down nearly 10% now since I sold some last week, but I'm greedy and want some more before buying back in, don't see this hitting 242 today !
I have patience though !
If interest rates rise id think dividend paying stocks will be back in demand.
" . . . 3 quid will be back with us by june/July this year . . . "
Perhaps you could share your rationale behind your forecast for a 30% uplift in the share price over the next 2 / 3 months
Buddy tell the Samaritans, not this chat site.
I have just bought in here today , took some nice profits from barclays, as someone mentioned below, nice dividend cover , stable business. 3 quid will be back with us by june/July this year. Don't forget all of the products this company offers and doesn't have the overheads of the banks etc.
From holding around 30% of my portfolio by value in dividend paying stocks 3 years ago I've now reduced the figure to around 17% as of today. The reason? Well, this share is a prime example of why. As of today I've locked in a dividend payment of 14.62p, unfortunately it's cost me 16.00p in lost capital!!
I sold 33% of my holding here last month, 18% earlier this week and the balance (50% of my original holding) I'll continue to hold for the time being.
My investment in a simple global equity tracker fund has delivered a positive return ytd of 7.5%; my holding here (including future dividend) a negative 0.7%. An outperformance of 8.2%.
Total return is the key measure for me.
Shortly after the 07 October attack, I sold a six figure investment (at a profit) in L&G based on the world being in an unstable situation and that c5% was obtainable in cash. With hindsight, I should have stuck with L&G. On balance, the cash return is steady and reliable, but boring. I will buy back soon on the basis of likely falling cash rates and learning a valuable lesson. This time I will not be selling. Kindly do your own due diligence please. Thank you.
Morning all, not posted for a long time as I am very much a novice at trading and just enjoy reading the posts and learning from them. However, I am aware that I would be paying tax on my dividends this tax year if they amount to over Ā£500 as unfortunately I don't hold my shares in an ISA. With this in mind I sold my shares on Tuesday for just under Ā£2.54 with a view to repurchasing more of them in the future at hopefully about Ā£2.20. This should offset any tax I would have paid, still give me a profit and keep my dividends for the year below Ā£500 as I do not hold many shares. Just need to wait for the drop to around Ā£2.20. Hoping my logic is sound. Any thoughts, am I doing the right thing.
The posters here seem to mainly fall into 3 camps:
1. those who buy the shares, reinvest the dividends and forget
2. those who trade the shares, particularly around the ex-dividend dates
3. those who think we're insane to own either Lgen or any other UK share for that matter because the US /small caps /, is the way to go.
Each to their own, and if someone does it different to you then learn from it, but don't decry it in derogatory attacks (yes, you, the 3.'s, I'm particularly talking about you, as you add zero to the debate!)
Lgen is a great share and has been tremendously reliable.
Like many, I also hold Phnx, Av. Mng and, more recently, Csn.
Against these, I am underweight in Lgen, mainly due to caution as to how the relatively new CEO will bed in - i.e. whether he will significantly change strategy, kitchen sinks anything, overpay for other companies, etc.
LGEN is without doubt one of the best businesses out there, the dividend is well covered, profits are increasing & once the impending review is completed / published any lingering doubts will be cast aside by the market. I'm not saying that the SP will rise to any great heights because of any this but it is as close to a complete divi share as you can get.
If you buy today at the current price you get 8.6% annually as a dividend, try getting that in the bank. The dividend in my opinion will not be cut, it may stay as it is for a little while but it will increase in time. Buy, forget about it, re-invest the dividends & in 7 to 8 years they will have cost you nothing. Take a leaf out of Mr Buffett's book, he buys good companies & holds, does this all the time & he's done okay.
I think this has fallen far enough for one go. So, I have bought back half @233. My other half order @220 stays. Let see how it goes. Have a very nice day everyone and good luck.
Ah Fisherking, why so negative ? Nice near 6% dividend today !! This is the income share that never stops giving !! If you trade the share up and down
from c 210p to c 260p cap gains to be made also !!
The dividend is safe now so look forward to a generous 14.63p - ''Cah - Ching '' & also their latest news should make the sp tick up still.
Warnings that a sharp decline in interest rates will lead to a potential fall in UK bulk annuity volumes are overdone, suggests UBS, which expects Legal & General to be a major beneficiary of the continuing trend.
We expect a key constraint for the industry achieving similar or higher volumes than 2023 over the next 5 years (expectations of Ā£250bn cumulative) will be the ability for insurers to source high-yielding assets.
āOverall, we expect bulk annuity volumes to continue to track at Ā£50bn pa over the next 5 years, with L&G within our coverage likely to take the largest share of the market at c.25%.ā
The shares will not recover today to your stated price as ex dividend 243
And for all those that purchased today will not receive the ex dividend but the seller will.
Good luck to all that holds one of the worst performing shares FTSE100
My thoughts are very hard times ahead
Mine goes back.as reinvest so not concerned good luck all.