RE: Sp v OP13 Apr 2024 02:42
LittleAston
Well thats a fair few more than i remembered and quite a chunky chunk, makes my 13500 look a bit paltry in the scheme of things.
Fair play to you on the move, big change from being in the thick of Brum i bet.
My former rental there was by the resr, huge big double fronted victorian place, four stories up and big extension out the back, huge monster of a place. Was my last rental to be sold, just too far from home in Cornwall to be managing it, shame as had that one for over 10 years and it owed me nothing. At least Dudley is a little closer for you, so sounds ideal.
I tend to look at the income yield relative to my buy price, rather than current market value one vs div %. For example, last pile of BP i bought @ 276, now a tad under double the current sp, so i yield approx double the current headline yield of 4% on those in real cash 'from my pocket' terms.
Have a few LGEN too, as well as PHNX, trying to spread money around a bit better than i did previously, only downside is more to keep an eye out for. So much effort trading so i tend to stick with them for the long term and let compounding work its magic.