RE: Today’s price is today’s price27 Jul 2023 08:47
I always sell a few to take profits, I must have sold £30k worth so far, a big chunk at £1.55 and a big chunk at £1.89.
I moved the money into aviva while they are sub £4.0 for div income. always like to buy those sub £4.
I took 80% on RR so some times you only make money when you sell and that now means I could buy 80% more aviva shares than I could have done. I am aiming for a £36k TAX free income when I retire in 14 months time at 55. Leaves me £112k in RR for a bit more growth in those 14 months when I want >£500k all in div shares. A 20% jump is RR was nice, but the share was £1.55 close to 2 years ago ! with compound interest i have just about make 20% in divs in Aviva in that time (17.2%) So RR being £1.89 from £1.55 in 2 years is not that great. I like to see >15% growth PA in my none div paying shares. I am only in as I saw this as a 5 year investment to triple my org pot over 5 years. But I made 70% in BP in 1 year
You have to take money when there is good proffit, I had a share i was 99% up I still have the share it's in the red atm, I was wating for it to be 100% up !! I now always sell a load of shares at 50% up and take some proffit.
Aviva pay 8.3% div RR pay nothing so it's a fine line for investing on what to buy and keep.
AS I said BP made me 70% in one year plus divs RR make me 10% PA atm the last 2 years !!!