RE: Off Topic24 Sep 2018 13:47
Newboy58 - you are thinking exactly what I started doing 12 months ago, having idiotically put everything into AIM companies and then seeing my savings decline rapidly. I started cutting back and investing in companies paying 5% plus dividends - to be honest I found I got bored, so I moved to companies paying quarterly dividends. I'm in 60 now, including some Investment Trusts, with an average yield of 5.2%. Shell, BP, GSK, HSBC are great companies to start, but there are quite a few Infrastructure, wind-farm companies, property companies (make sure these are in an ISA to deal with their REIT status). I have found it fascinating gradually finding more and more companies, and the quarterly dividend gives a constant round of interest - the dividend announcement one month, the ex-dividend date the next, then the payment, and back round again. I've just stuck with 5 AIM shares - BCN, KDNC, EMH, Echo and JOG. Lots of losses to make up, but a steady income in the meantime.