Member Info for Realist1

There was a £9 million value UT after hours sell on the 28th.

LWHL, While we would all like to break even at the very least, in 2022, HFD dropped to almost 120 but six months later it was 224, almost doubling anyone's money who piled in at the bottom. Unpredictable movements here to say the least. A couple of days ago, I was expecting to be sitting on this for the long haul but now I am not so sure.

So, we were all right. Some said it would go down, some said it would go up, and some said the bad news was baked in.

Https://markets.ft.com/data/announce/detail?dockey=600-202406270200DGAP____UKPR_____UK_Regulatory_1934157-1

I would not worry too much regardless of the results. It is all cyclical. A bad result probably just means we will be here a bit longer.

Well thankfully I have been putting most of my cash into JGGI which is up 73% in 5 years and 15% YTD, plus about 3.5% p.a in dividends. I figured this fund out for myself. I just shake my head at the behaviour and incompetence of some of these fund managers. Its all about money so no doubt they have their own agenda. But thanks for the information.

You could have bought them a lot cheaper tomorrow.

JP Morgan forecast 1850 in March 2023 so that boat has sailed.

It is a minefield out there, especially for novice investors like myself who have other issues in life to focus on. Investors Chronicle recommend AAIF as an alternative to HFEL. Are they kidding? AAIF has had hardly any growth since 2012. Okay, it does pay 5.5% interest but even I can do better than that. Maybe there is some self-interest here?

Maybe there is much to be said for the Buffett theory where you put 90% of your money in a Vanguard S&P 500 ETF and the other 10% in bonds. The Vanguard S&P 500 ETF is the top selling ETF in the UK. Maybe there is a reason for this?

Damienmoore, you are no doubt correct. I suppose what I got out of it is that I don't feel the need to sell (at the moment) and there is a potential for the price to increase. As you say, probably more by good luck rather than good management. The dividends are a concern though.

And then I look at my S&P 500 ETF and wonder.

I can only agree with the previous posts. The problem is that with public listed companies, everything is looked at in quarterly terms as opposed to the long term and this is a long term hold.

They did not summarise the dividend situation in a single statement so you really need to watch the whole video which I appreciate is quite lengthy. Towards the end, a question was raised regarding dividend 'value traps' being the cause of the decline in the share price. As you would expect, this was not openly admitted but they stated the fund would be avoiding and moving away from those in the future.

For this presentation, you would expect a certain amount of sugar-coating but they did at least address the issues that have been mentioned on this forum, are aware of them, and did not attempt to sweep them under the carpet.

Sorry, post creates a paywall. Search FT for the 'The Pru's challenge is a break-up gone bad.'

Not much cheer here either:

https://www.ft.com/content/6d262e70-774e-4e14-b91d-12ebc5bca6fe

Many shares were hyped up over the pandemic and, if you look at the trend line, it could be that DGE has merely returned to its fair value.

Steviewonder77, Fortum's and ABF are subsidiaries of Wittington-Investments owned by the Canadian Weston family and headquartered in Toronto.

These people may be interested:

https://www.madpoetssociety.com/

'Companies will fail' - maybe? Sheppard Neame has been around since 1698 or Fortnum and Mason since 1707. Weavers of Nottingham has been around since 1130 and the Royal Mint since 886. These will see all of us out.

It is interesting that they say dividends in India (and Indonesia) are comparatively quite low. This is no doubt a reason why they are not investing more in India. They do however point out that there is a potential for these dividends to increase. All a balancing act.

Taking into account stock market crashes, overvaluations, under-valuations, etc. the S&P 500 has still risen an average of 10% per annum over this past 100 years and then there are 2% to 3% in dividends on top of that. But good luck to all because I also cannot pass by on what sometimes looks like a buying opportunity, sometimes with negative results. I take nothing from MGN because I consider it one of my better investments. I dumped all of my LGEN to buy into this.

All of this conversation started when Moneybox mentioned his positive experience with JGGI. So far, JGGI is up almost 14% year to date (plus dividends) so good luck to him also.

https://www.google.com/finance/quote/JGGI:LON?authuser=0&window=YTD