RE: Drop10 Sep 2025 11:55
Yes I didn’t say they are a sell. I said I wouldn’t reinvest my dividend.
I bought heavily during the last few years at 105-150p and reinvested Divis during that time,
I won’t sell a share but equally I won’t buy more. I will use my dividends to reduce my ratio in Bt and increase elsewhere. Unless this goes to 150p again, I won’t buy another share. I’ll keep this as my income , a pension in essence, but it’ll go into Rio, tw, bp. Now.
I also bought aviva phnx Rio Abdn lgen when they were all lower. Partly income, savings and dividends.
I’ve done well. I just won’t buy anymore of Bt or insurers . It’ll go into Rio tw and bp. Sectors I’m under weight .
After that I’d look at gsk , Diageo etc. but not Bt group,