Member Info for eccles04

Thanks fro replies guys but I have a sight more than £20k to deal with this year so my ISA allowance will be used up anyway.

That Hunt fellow's behaviour is causing me to reflect on my own behaviour this year with his lowering of both the CGT and Divi tax thresholds. Although I am getting a bit close, I have not yet hit the £50K income level so divi tax will be 8.5% and CGT 10%. It may well be that if I were to dump say £20k into LGEN just before ex div in the spring then take the div and get out again I will be a tad better off than taking a gain that I might make by buying now and cashing in just before exdiv. VIews and opinions welcome.

"Not sure what it's got to do with LGEN though." Practically nothing because they don't do general insurance anymore, just life insurance and the like. They sold their general insurance business some years ago and now do just pensions, life insurance and investments.

Some of you may unaware of this quite useful website:- https://www.dividendmax.com

Oh dear, I suppose I had better do some education. How about Aviva currently producing around 7.4%. I have no intention of winding folk up but when someone says that tsco is great value when it obviously isn't I feel that such a statement is most deceptive towards those who are not so expert in investing matters.

Tesco shares are not "great value" with a 4% yield or rather 3.67% as it was today. There are many other shares offering significantly better value - I have at least one that is paying around 7% and a number of others paying better than 5.

No it won't help, it's just guesswork by some newspaper hack. Always remember the market likes certainty.

The correct yield number is around 7% not the 5+% shown on this page. It's not difficult to compute these numbers so I can't understand why this page is wrong. I suspect we will see further improved divs when the results come out next month too.

Yes well I hear what you say LTI but Tesco is just a grocery shop not a Hi tech outfit which if anything has shrunk a tad recently

I can hardly believe that folks are paying these prices for such a paltry dividend, can someone please explain.

Hi Crossley, I think we need an inteest rate drop to get the market going, hopefully that is not too far off. Not that I am bothered as I don't pay any and my portfolio is all in high dividend payers.

It's only silly billies needing some cash after crimbo so they sell a perfectly good share.

Correct, the mainstay of my portfolio has dividends yeilding double that of Tesco for at least the last five years. My son had some tsco for a while but I soon got him on the right track.

It's easy to get significantly better yields than this share is offering which has to mean that the current SP is the result of people buying who don't know what they are doing.

The reason why the US market is overvalued and the UK market is not is quite simple: There are many many more US investors than there are UK investors, they have to put their money somewhere and most of them stay out of foreign markets because they don't understand them. It's the same with the mighty USA dollar which in reality could collapse in a jiffy if some big holders were to unload, but they never do.

Yes and the ore price is still climbing this morning, just has to be good for RIo.

With the massive increase over the last couple of months, RIO must be laughing al the way to the bank but it seems not to be reflected in the SP. Does anyone know differently?

Aangus, There is a myth that cash and gold are safe but even gold has had it's ups and downs over the last thirty years. Cash of course is pretty well useless except for buying this week's groceries and petrol and Warren Buffet would be the first to say so. Inflation always chops chunks out of cash and especially so recently. Today's cash is only worth 80% approximately of what it was a year ago which means you would have needed to find someone who would give you 20% interest last year, impossible of course.

Hi Abject, It is perfectly possible to transfer your pot into another HMRC approved fund and 1% is a bit steep in this day and age. There are a number of outfits out there who will help you move your money into the SIPPS which they offer and 0.25 - 0.5 % annual charge is now common place. I know of at least one which will also give some cash back quite amazingly. They will also do what is necesary to help you to do it. Make sure that they are FCA regulated of course because unfortunately there are still cowboys out there.

Hi Gwm, You have to bear in mind that the people who sell annuities do so in order to make money out of you. So they take your money, decide what profit they would like to make from it over your likely life time then using an expert mathematician called an actuary, calculate what they will pay you each year. Although I am a retired financial professional I am not allowed to offer advice but I am sure that you could find some better ways to invest where you don't have to give a chunk of your money away to an annuity insurer.