Warren Buffoon
03 Apr 2018
Year end Well done chaps .......
II Editor
19 Oct 2017
NEW ARTICLE: Four investment strategies to generate £1,000 income a month "Pension freedoms have opened the door for more and more people to manage their own pension portfolios at retirement, in effect paying themselves an income from their investments.Indeed, two and a half years on from the freedoms being introduced, ..."[link]
Warren Buffoon
29 Sep 2017
Steady Nice steady dividend ............
II Editor
27 Sep 2017
NEW ARTICLE: 13 investment trusts offering dividend yields of 4% plus "At times, such as now, when stockmarkets are riding high, it becomes tougher for income seekers to source income at a sensible price.But, thankfully, in the case of investment trusts, there are plenty of opportunities to find a market-beating ..."[link]
nutty cracker
02 Sep 2017
Re: ITs for income Nice comments SH. I will check these out. I am concerned by your observations. How do you see this big drop?It is easy to chase high income, but equally easy to end up paying for this income yourself by falls in the SP.Safer income seems to mean lower income. But am I stating the BO.
nutty cracker
02 Sep 2017
Re: info please Thanks SH I will do as you advis
rugosaplants
31 Aug 2017
Re: ITs for income I too am interested in ITs that give a good yield. The best, and my own benchmark, is Henderson Far East Income. Its down a bit owing to the unstable Korean situation. Other ITs include Shires Income, Henderson High Income and City of London IT. But although we have seen upward movements on these all year (never known this before), there is a fear that a big drop is in prospect. I will worry about that after year-end, but will keep a very close eye on things. Good luck!
stout-hart
31 Aug 2017
Re: question please Spread varies day to day and within the day. As I write it's roughly half the figure you quote. If you're trading on a platform you can set a limit for your planned purchase, inside the range at the time. That will often get you the result you aim for. Good luckSH
nutty cracker
30 Aug 2017
question please I am trying to reduce the fees paid in my HL accounts by swapping some, or all of my UT's for IT's.The choice and research on IT's is very limited compared to UT's. However, MRCH seems to fit the bill for me due to its long history of divi increases and stable price range. Growth, although an advantage is not that important to me. What has shocked me is the spread of 1.25%. Is this always the case or does it fluctuate to a more acceptable level.I rely on my investment for income and hold a range of higher income shares along with my UT's and require > 5% payout.This is my first post on this stock and I would be grateful for this information and any other associated comments.
picstloup
14 Aug 2017
Re: I'm out Out of interest, have you swapped the proceeds into another fund, or are you retaining it in cash?__________ __________ ______I've been moving some of my portfolio into cash recently, selling 95% of my BATs at c£55, and half of my Admirals, as well as all of my MRCH, and am thinking of halving my Diageos. MRCH I've held for 10 years and it's only c40% up on my purchase price, and I think I can probably do better. I've bought a few more Sirius (I live quite near the mine and have been impressed with its operation, although it's certainly risky), and am thinking of dipping my toe into Abcam and possibly topping up on the Pru, but I think 20% in cash is probably wise in case the narcissistic nutters in PyongYang and Washington turn imbeciIic bombast into war.
Windlesham Don
13 Aug 2017
Re: I'm out zac, Mr Buffoon,Interested to read your comments and I am in a very similar situation. I have been investing for many years and I intend to retire fully within the next 18 months.Over the last few years I have shifted significantly into ITs and out of individual stocks, to the point that I am now around 80% invested in ITs and only 20% in individual FTSE-100 companies.I bought into MRCH just over a year ago and they have done very well for me, up over 25% with dividends re-invested. I am happy to hold for now.I also hold most of the ITs mentioned by both of you. The only specific high yield IT I hold, not mentioned to date is CMHY, which I have held for several years with satisfactory results. This IT now only yields 5% after a decent recent run up in the SP, but it remains a core HY holding.As mentioned, I also believe that re-investing dividends is key to long term gains.My fairly conservative aim for the whole of my portfolio is to secure 4% above inflation, which has been very easy to achieve over the last few years (a rising tide lifts all boats...?) but may not prove so easy going forward as I see little upside in the markets from here.As well as holding high yield funds I also believe that spreading investments across all major sectors is prudent to mitigate risk. Thus, I have growth funds to achieve absolute return, and also have ITs covering SCs, PE, EM, US, Far East and Japan, Europe and Property.However, I am always scouring the market for new opportunities and monitoring the performance of existing holdings. For this I generally use Trustnet.Always interested to hear the ideas of others and I have recently been introduced to the world of fixed income, preference shares PIBs etc, although I do not know enough about the area to invest as yet.Regards and best of luck to us old codgers!
Warren Buffoon
12 Aug 2017
Re: I'm out Like you zac, I've been buying individual shares for decades but only recently started buying investment trusts. My other buy (apart from Merchants) is Shires Income.So far, I'm pleased with the outcome, and like all shares, I believe reinvesting the income is the key to long term success.However, I'm 70 years old and now trying for an easy life. . . . LOL
zac0_4
11 Aug 2017
Re: I'm out Would be interested to know if you plan to reinvest in another trustI'm approaching retirement and have been moving funds over a number of years into income paying shares / funds / trustsI'm invested in the usual - Shell, BP, Glaxo, Vodafone, Legal & General and a number of others, but have recently been drawn towards investment trusts due to the fact they can be traded as shares if required and the manager has the ability to use debt to take advantage of market opportunitiesTo date I've invested in Henderson Diversified Income, Henderson Far East Income, Invesco Perpetual Enhanced Income and New City High Yield. The latter 2 being more recent. The Henderson trusts I've held for a couple of years and, as income is of primary concern, am pleased with performance to date.Merchants trust is currently on my watch list and I'm intrigued by your comments
Stepenwolf
09 Aug 2017
Re: I'm out A 20% share price growth in last 12 months, 6% discount and 5% yield are not too shabby
Windlesham Don
09 Aug 2017
Re: I'm out Out of interest, have you swapped the proceeds into another fund, or are you retaining it in cash?
