Member Info for zac0_4

Robleo - I've been slowly moving away from individual shares and using trusts for dividends and funds for non-dividend holdings (growth). I only hold 2 individual dividend paying shares now - Shell and LGEN.

I must admit I'd find it really difficult to let go of my holding here. However the data shows that over the long term a simple global tracker has outperformed LGEN

10 year annualised return for L&G Internation Index Acc is 11.55%, whilst LGEN has returned an average of 8.30% over the same time period. That 3.25% average annual outperformance certainly compounds over long investment periods. Good luck!

Crossley - Yes, strictlybricks has an interesting viewpoint / strategy that seems to be delivering for him (her) over the long term.

Here's my top 5 at the half year: L&G Global Tech +37%, AXA Global Tech +19%, LF Blue Whale Growth fund +15%, Rathbone Global Opps +10% and L&G Global Thematic +9% . . . and my laggards . . .

New City High Yield -9%, Henderson Far East Income -8%, L&G Global Infrastructure -8%, LGEN -3% and Merchants Trust -3%

So, the dividend paying part of my portfolio returned a loss of 3.9% ytd and the non-dividend element returned a growth of 10.2% Meaning that at the half year overall return is 5.5%. I'd have been better simply holding L&G International Index, or LGGG their global etf. Tons of diversification and a 9% return at the half year.

I've just completed a half year analysis of my portfolio. 23 holdings and LGEN sits in 20th place. Not a good 1st half to the year. Let's hope H2 proves to be a more profitable period.

Strictly - I've just carried out a half year analysis of my portfolio. I hold 30% by value in dividend paying holdings and 70% is invested in funds that don't pay any meaningful income and returns are reliant on growth.

So, after 6 months my dividend portfolio (with dividends reinvested) has returned -3.9%, and my growth funds +10.2%. A combined total return of +5.5%. If this can be replicated in H2 I'll settle for that!

"Hi Neil I would definitely hold until Christmas.

It is always the strongest period . . . "

Neil - be careful. Here's data showing 2nd half year performance over the last 5 years:

2018 -18%

2019 -14%

2020 -18%

2021 +5%

2022 +23%

Now, there's always different views on data. My take is simply that 2021 / 2022 figures enjoyed the benefit of a tailwind as the share price was in 'recovery' mode and was simply heading by to the norm ie around £5.00

Looking at a 10 year graph £5 probably is 'the norm' Yes, there are periods when it will climb but it always comes back down. It's a classic share that the only way to make money is to lock in profit when available. Best results will not be achieved adopting a simple buy and hold strategy. But that's only my view. Others will disagree . . . strongly, looking at some of the year end share price predictions!!

"Legal and General SP is to drift until new CEO settles in provides strategy for L & G group . . . "

And what's the problem the market has with the current CEO's startegy?

Strictly - thanks for the response. Good to see you have a strategy that's working. I'm pretty much the total opposite to your very focussed approach. I've been moving away from individual shares into trusts and funds. Plenty of diversification for me across both sectors and geographies. I'm down to my last 2 individual shares: Shell and Legal & General.

However, just as you indicate, I do remain fully invested at all times. It's been uncomfortable but seems to have worked over the long term.

Good luck.

Strictly - you've certainly done well. I think you highlight (probably) one of the most important factors in investing . . . time!

I, also, am a long term investor. Certainly 15+ years. However, I've only been keeping really detailed analysis of my returns since taking early retirement mid 2018. My total annual return since has been as follows:

2019 +20.9%, 2020 +0.7%, 2021 +17.4%, 2022 -9.7% and 2023 to date +3.4%

Around 8 dividend paying holdings - 2 individual shares the balance in investment trusts, and around 15 investment funds for growth - a mix of passive index funds and actively managed.

Good luck

"You’re very much right about FTSE100 UK companies ~ the index as a whole has only given about 7% growth in total for all of this century so far, plus dividends, so definitely no cigar for them as a collective entity . . ."

I know you've mentioned dividends in your comments but I don't think it highlights just how important they are. Over the 20 year period from 2000 to 2020 the FTSE100 index only climbed by 8.8%. Include dividends reinvested and the return was 122%

"the last twenty of which have been purely in house builder shares and overall I have averaged about seventeen percent a year gain which I’m satisfied with . . ."

So over the last 20 years you've turned £1,000 into over £23,000 simply by investing in house builders? That's a return probably better than Warren Buffett's achieved!!!!

Mr Math - "Of the 15 different shares in my portfolio, 5 are down and 10 are up . . . " is this year to date performance you're referring to?

I have 23 spearate holdings - 8 dividend payers (ind shares / trusts) and 15 non dividend payers (funds)

Total year to date return is 5%. This is made up as follows - a 2.7% loss from my dividend paying portfolio and a 8.8% gain from my non-dividend paying portfolio. It's certainly not easy generating a positive return so far this year.

Happy - I certainly hope H2 shows an improvement on the 1st half of the year. Although I've sold here I continue to have a long standing position in Shell.

Meoryou - yes, I do know that opportunities to sell at £5.70 have been few and far between. Not plentiful as the poster indicated.

As you know I sold out early Feb. So far the 4 holdings I split my capital across have all outperformed BP.

Good luck.

"Been one of my best as well, plenty of opportunities to buy at the low price and sell out when it got hot around £5.70"

And exactly how many opportunities to sell at £5.70 have presented themselves in the last 5 years or so?!!!

Get_rich_quick

So does Legal & General - and you'll enjoy 2x the dividend while you wait

Not advice or a recommendation just another potential option to consider!

Toshack - glad you're getting it sorted. Just for info I have elected to hold my income as cash ie it will sit there until I decide what to do with it. For the recent dividend, which as I say I received on 5th, I decided to take the cash (manual operation) from my fund & share account. It was in my bank on 6th!

I'm amazed it hasn't arrived. Just in case you're unsure how to view it (I'm sure you're not):

Go into your Stocks and Shares ISA account

Click on Income tab

Bottom of page should show all income payments received (I think default period is 2023 calendar year)

My LGEN payment shows as being received on 5th June

It has to be transferred to the capital account (manually) to enable you to invest

I only hold a fraction of what you're holding (12,500) and if mine wasn't received within 24 hours of due date I'd be on to them. Good Luck!

Which account within HL should you have received your dividend in? ie Fund & share account, ISA or SIPP?

I assume you held LGEN shares prior to ex-dividend date!?

Toshack - are you sure you haven't received your dividend yet? I've always found HL to be spot on. Mine arrived, for all accounts, (f&s, isa and sipp), on the day it was paid. If you definately haven't got it you need to be on the phone to them.

Out of interest where are you looking on the HL site? I, and plenty of others here, will help if we can!

As a rule of thumb . . .

Full year results early March

Half year results early August