Possibly but unlikely DLG. I heard that high interest rates are good for insurance companies as they are able to get better returns on the money they take from policyholders. So will be harder to match profits.
Though with inflation coming down as well this could cancel each other out.
But if a crash happens you’ll likely be thankful for your dividened payers so Catch 22. If you want safe you could get a cash isa or a gilt, knowing you’ll get your initial state back plus an assigned amount of interest no matter what the market does.
Horses for courses though.
For me as long as the dividend remains the same for around 10-11 years it’s paid for itself and any income and so value thereon is all profit for the remainder of the holding.
Not really fair to compare growth vs dividend stocks in my view as there different types of investments.
You could easily say during a crash it’s pointless holding growth stocks because they potentially dropped 30% where as dividend stocks only dropped 15% but paid a divi.
From memory any property over 5 bedrooms requires supervisor approval. So has to be done over the phone, one workaround used to be to do quote online (to get the best discount) for 4 beds then phone up and ammend it to 6. As additional questions are needed to be asked. But this is a pain and only those determined to be with DL would go through the hassle. Just incase you fancied it in the future. This was many years ago though so underwriting may have changed.
My understanding is that until a deal is complete no rns needs to be submitted.
Therefore if a company wishes to buy say 20million shares of a company below say £2. Then no RNS would be needed until all shares had been bought, this could take several days/weeks.
Could someone with more knowledge confirm this to be true?
Agree. I sold out of MnG when it hit just above 211. Looking rather foolish now as it stands, but had bought in at just under 179 so was happy with the additional money incase anything happens between now and April.
But have more faith in lng as my biggest holding but my average is 253. So hoping the price will drop again to lower my average in the future.
GLA and well done to those with averages under 200. I envy you!
I believe you need a broker that can access Kaz. Ones mentioned previously are Halyk, Freedom Finanace and Wood & co.
Once set up you can transfer your share certificates to them and sell them.
Good luck!
Can any1 explain this in simple terms?
From what I gather Phnx are looking at possibly buying back some debt, that’s not due till 2025 at the earliest. However at the same time they’re taking on more debt at a worst rate. Not only this but the rate is fixed not floating, so if interest rates go down the rate stays high.
Can someone tell me I'm wrong or missing something here?
Thanks all
DJWall1s - please don’t take it as advise as that’s not how it was intended, it’s simply the way I can buy and forget and not be bothered about the SP dropping. Just check everyone anar again what your dividened rerun on ikvestment is.
If you would have done this strategy with DLG, where they stopped the dividends you’d be feeling pretty silly rite now. But hopefully will return to giving dividends over the next year or 2.
Always do your own research to check the company can afford to pay the dividend easily.
Rzez - no advise ever given only drivel
Can’t edit, I meant to add as long as that one company is that of your current companies pension provider.
However I’ve also just figured out a way of retaining 50% of the customers when they switch companies and pension companies as a result. This would actually increase retention and therefore profits.
So please ignore my last post.
GLA
For those of us which missed out on the final salary pensions, moving multiple pensions from one company to another is a piece of cake.
The biggest scare is that vast amounts of people could leave the likes of Aviva and Lgen to go for a cheaper competitor.
I must admit I see an upside for the smaller players to get a better market share through this, rather than the big boys.
With any dividend share in the UK. You need to be in it for the long term. E.g if a div is paying 10% when you buy it, stay in it for 10 years, that way you can either sell out and have the valuation of the share after 10 years as long as it doesn’t cut the dividend.
If you’re really long term you reinvest the dividends and hold longer than 10 years so your total dividend percentage works out closer to 25% on your original cost price.
This builds wealth rather than simple profit especially if done within an isa.
But recently you could have got a 5.9% cash isa for 2 years which takes all risks out of investing.
Eventually rates will go down and money will come back into the markets, question is will a crash happen in the interim
Https://ukinvestormagazine.co.uk/legal-general-shares-how-far-could-the-life-insurer-fall/
Doom and gloom article, or good prediction of the future?
FWIW I’m overweight in Lgen
Do you have a link to the article?
I’ve got a trade plan set up if it dips just below 210. As am happy to sit on the shares for 10 years reinvesting the divis at which point with all things staying the same, my new divi amount will be over double what it is today.
Others may not be willing to stay in the market that long.
Each to their own.
GLA