I'm pleased with my bluechip SIPP
Google keeps flashing 0.1x prices.... sells being quoted
!!! Tiggys getting ready to drop
I bought Visa for a very long term slow, steady burner.... i'm up 30% this year... so just sold out
all the price rises have been driven by private investor demand for a stable dividend (with interest rates being so low)
600p to 920p in a year or two.... from the same number of customers paying the same price for water
they sell water at a regulated price in a defined region... where does the growth come from???
I was happy paying 600p for the stable dividend, wasn't expecting much growth!
I bought united utilities at 600p i've traded the volatility at a small profit each time... finally sold out last week at 920p!
decent US or UK bluechip is trading well over 20x earnings.... much higher than the 16x historic average