RE: SP23 Sep 2022 21:27
Hi Mole, RE: but I fear a long cold winter for all assets, and I wouldn’t want to be trying to retire on equity gains in the next couple of years though.
I have to agree most of my shares are dropping right now, first two of my shares to take the biggest drop due to inflation etc. are directline and vodafone and pretty sure there will be others that will follow the same trend, good thing is though they are so far all still paying full dividends, which will make the long road to recovery a lot easier, if you still have that income adding to the portfolio while waiting for some sort of stock market recovery, will definitely be a big help i think, the largest share in my portfolio, which has been a big disappointment, which is Lloyds bank maybe the one that will benefit the most from high interest rates, it's a case of survival of the fittest with the shares at the moment
Hope the rest of you are doing well, it's a case of grin and bear it for me lately
GLA