Member Info for longtimeinvestor

jm
Precisely - weird people.

Yes I have enjoyed the 24p per share income per year since I have been a shareholder.
Any increase in underlying asset values in the future will be a bonus

https://www.investopedia.com/terms/r/returnofcapital.asp#:~:text=Return%20of%20capital%20occurs%20when,an%20investor's%20adjusted%20cost%20basis.

jm
They are saying that capital (ie from share sales) is being returned as income - laughable

ad
''As the fund grows''
?
How does that work when you say that shares are being sold and returned as income

dam
''HFEL, on the other hand, claims to be an income fund, but hides the fact it pays from capital

Ad/dam
Get a grip
HFEL currently paying 24p per year dividend - if 50% of that came from the selling of shares then the asset value would fall by 12p per share within the 12 months.
end of

adHFEL currently paying 24p per year dividend - if 50% of that came from the selling of shares then the asset value would fall by 12p per share within the 12 months.
end of

HFEL currently paying 24p per year dividend - if 50% of that came from the selling of shares then the asset value would fall by 12p per share within the 12 months.

dm
ffs
Any investment in any company paying a dividend would mean the dividend amount (generated from profits) pre xd held as cash (capital) then leaves the business and thus reduces the capital of the dividend paying company.
HFEL like other funds and individuals, buy shares where those companies pay dividends - end of.
simple enough for all but the simplest of minds to understand.
If HFEL were selling shares and returning the proceeds as income then the share price would have been a lot nearer to zero by now.

I sold some at about 2550p just a few months ago - needs to be a lot nearer to £30 to temp me to sell a few more

dor
correct -it was going to be 275 Euro before the late change

tmc1
there will be no bid for BP

BP has been undervalued against US peers for many years as has the UK stock market as a whole

tmc1
do you not think you are posting on the wrong thread.?
This day belongs to BP shareholders

for me with BP leading the pack

Looks like closing on or near a days high

on the start of the next leg up from the 510p level?

chasing the customers

I am getting zero interest on cash held in my HSBC investdirect account

g13
''Interestingly, the bosses of the main UK banks are in front of the Commons Select Committee on Thursday for poor savings rates.''

As I have already said - this is complete nonsense - who do these people think they are thinking they can tell a bank to pay higher savings rates.

Savers are free to take their money out of a bank and deposit it where they can now get a risk free good interest on their cash. A bank like Lloyds does not need all the money from customer deposits so they would be quite content for a customer to take their cash elsewhere. If Lloyds were in need of customer deposits then they would be competing on rates.

gb13
''I wouldn't be surprised if the MPC goes a further 1/2% next month now.''

After saying that the last rise needed to be 0.5% which duly was the case , I had been thinking at that time that it would be 0.25% in March and 0.25% in May.
Of course there will be a lot of data to look at in the coming weeks before the MPC decide on March 23rd.
At this stage I would say that a rise of some description needs to be made in March unless there is dramatic data to suggest otherwise.

s1
''Do NOT trust your online .gov website state-pension "forecasts"... call them... get it confirmed in writing.''

I wasn't going to bother, but after hearing of friends saying they had made top ups to NI contributions to benefit themselves, I phoned HMRC who said they would arrange a pension statement to be sent to me from the DWP.
Just received the statement, and despite leaving the work place at the age of 45, my state pension will be comfortably above the new state pension maximum, amount,so no top ups required. This must have been as a result of achieving a second state pension amount from being in Serps in the early part of my working life before I was contracted out at some point at HSBC. I hadn't taken much interest in the state pension before as I will be giving it away in any case.

Mach
''Anyone that votes Tory is either a self-centred rich @rsrhole, an idiot, or both.''

and you are a ******