RE: This Weeks Winner18 Nov 2022 21:51
Hi roofer thanks mate, but i added to dlg for the 11% dividend and potential growth once inflation is under control, i have been keeping cash back for a while for a potential vod top up and average down
I used to have 11 funds which had all built up a nice profit, but since we came into inflation problems and the usa tech stocks started taking a hit, i was then finding the profit i built up on funds were being reduced week by week, so i sold off a lot my funds to buy more dividend shares instead, just kept 5 of the best performing funds but even the profit on them has been reduced by 30 to 40 percent
I am now getting dividends from lloyds,lgen,aviva,mng,dlg,psn,vod , have made the decision to retire in two weeks' time, so once all payments have stopped going into my works pension will be taking out 25% tax free and transferring the rest into my sipp, so the low share prices may possibly work in my favour for now, hopefully we will see the shares starting to improve again at some time, the last few years have not been great for the stock markets, my largest holding Lloyds which is 25% of my portfolio has been a big disappointment so has vod just being honest, Hargreaves have been bigging up Lloyds as the share to invest in for 2022 as banks make good profits from high interest rates, but not seen much improvement yet, not complaining have not been doing great but reasonably well i think considering all that's been going on
sorry for boring the pants off everyone I'm always trying to pick up any investing tips from other investors as I'm definitely no expert
have a good weekend all