Search found 81 matches

by everhopeful
July 4th, 2019, 2:04 pm
Forum: Investment Strategies
Topic: What return are you targeting?
Replies: 32
Views: 3078

Re: What return are you targeting?

The key to your desire is to avoid fixed interest securities, where you will get no growth in income and your capital can be expected to lag inflation. TJH It is a not sensible to rule out fixed interest completely. It depends where we are in the cycle. I agree most fixed interest is expensive at t...
by everhopeful
July 4th, 2019, 11:24 am
Forum: Investment Strategies
Topic: What return are you targeting?
Replies: 32
Views: 3078

Re: What return are you targeting?

I’m targeting initial income of 5% from my collection of Investment Trusts, rising with inflation thereafter. I'm pretty much with Mickey, but would add that I'd like to avoid capital depreciation and ideally see modest growth. The key to your desire is to avoid fixed interest securities, where you...
by everhopeful
June 18th, 2019, 8:57 am
Forum: Gilts and Bonds
Topic: RAVP
Replies: 81
Views: 2591

Re: RAVP

If any investor cannot understand a company's accounts, they should not invest in that company. That is a basic of investing that most investors abide by. A person should certainly not be expressing an opinion of the merits or not of investing in any company they do not understand, because they are...
by everhopeful
June 17th, 2019, 1:47 pm
Forum: Gilts and Bonds
Topic: Possible new retail bond from IPF?
Replies: 24
Views: 1516

Re: Possible new retail bond from IPF?

Barclays are still showing my 2020 holding unchanged despite electing to exchange for the new ones. Has anybody received the 2023 bonds yet?
by everhopeful
June 12th, 2019, 3:23 pm
Forum: Gilts and Bonds
Topic: RAVP
Replies: 81
Views: 2591

Re: RAVP

Last straw for me. I have sold mine at 1.33 which is 7% more than I bought them for and I have enjoyed the income over several years. I will put the proceeds in to NWBD and sleep more easily.
by everhopeful
June 10th, 2019, 3:57 pm
Forum: Investment Trusts and Unit Trusts
Topic: Chelverton UK Dividend
Replies: 9
Views: 2497

Re: Chelverton UK Dividend

Thank you for the comments. The split capital structure is perhaps a negative particularly to someone who remembers well the Aberdeen fiasco some years back although the company website does reassure somewhat (but it would wouldn't it). The recent poor capital performance was in a way why I was attr...
by everhopeful
June 5th, 2019, 11:33 am
Forum: Gilts and Bonds
Topic: Bond market worries
Replies: 14
Views: 2155

Re: Bond market worries

Why?.
by everhopeful
June 4th, 2019, 9:32 am
Forum: Investment Trusts and Unit Trusts
Topic: Chelverton UK Dividend
Replies: 9
Views: 2497

Chelverton UK Dividend

The Telegraph had an article on Saturday about cheap Investment Trusts as defined by unusually wide discounts to NAV. I keep an eye on the Z scores as listed periodically on Citywire and although a higher than usual discount is not necessarily a reason to buy a trust it may point up an opportunity t...
by everhopeful
May 29th, 2019, 1:00 pm
Forum: Gilts and Bonds
Topic: RAVP
Replies: 81
Views: 2591

Re: RAVP

I have held these for some time and have enjoyed the income. The important semantics which GS highlights do not detract from the points that Kenny makes about the relative safety of these from forced redemption as compared to some other prefs. The risk seems to me to be much more geopolitical but fo...
by everhopeful
May 6th, 2019, 2:47 pm
Forum: Gilts and Bonds
Topic: Problems trading SKIP
Replies: 21
Views: 962

Re: Problems trading SKIP

As I have mentioned previously Barclays SmartInvestor does not allow trading in any PIBs or Retail Bonds despite both being available previously with Barclays Stockbrokers. I have been unable to get a sensible reason out of them.
by everhopeful
April 21st, 2019, 9:48 am
Forum: Gilts and Bonds
Topic: FCA's Instruction to Pref share issuers
Replies: 6
Views: 736

Re: FCA's Instruction to Pref share issuers

I seem to remember that ELLA was also thought to be unlikely to try to redeem but I cannot remember why. If anybody can remember the discussion on these on the Fixed Interest Board I would be very interested as I hold them along with RAVP, NWBD, LLPD and RE.B.
by everhopeful
April 10th, 2019, 4:02 pm
Forum: Gilts and Bonds
Topic: FCA's Instruction to Pref share issuers
Replies: 6
Views: 736

Re: FCA's Instruction to Pref share issuers

I had also been wondering what was happening on this. There is nothing on the FCA website since the letter to CEOs last April and I have not seen any mention of it in the press. The Treasury Select Committee was also supposed to be on the case but I guess they have had other things on their mind.
by everhopeful
April 8th, 2019, 4:36 pm
Forum: High Yield Shares & Strategies - general
Topic: High yield vs other investing strategies
Replies: 87
Views: 5228

Re: High yield vs other investing strategies

I cannot understand most of what Pastcaring is writing. It would be useful to have a concise description from him of what he is exactly suggesting the OP does in the context of the original question bearing in mind that he will not perhaps have the luxury of the level of rental income, pension incom...
by everhopeful
April 6th, 2019, 9:24 am
Forum: Investment Trusts and Unit Trusts
Topic: AIC Income Builder - Free Virtual Portfolio Tool
Replies: 97
Views: 6834

Re: AIC Income Builder - Free Virtual Portfolio Tool

I have now added my Income ITs to this tool and am very pleased with it. It does have the potential to inform investment decisions rather akin to creating a bond ladder for fixed interest. As I reinvest my income the timing of the dividends is not that important but a very useful tool nonetheless.
by everhopeful
March 18th, 2019, 3:34 pm
Forum: Investment Strategies
Topic: Stocks vs ITs & ETFs ?
Replies: 39
Views: 3467

Re: Stocks vs ITs & ETFs ?

I also congratulate PrefInvestor on an excellent summary. I hold Eclesiastical Insurance. Raven Property and REA prefs as well as Nat West 9% (NWBD). I remember at the time of the Aviva upset there was a lot of discussion about the relative safety of different prefs with regard to redemption on the ...
by everhopeful
March 15th, 2019, 3:28 pm
Forum: Retirement Investing (inc FIRE)
Topic: Proportion of bonds to shares?
Replies: 31
Views: 2168

Re: Proportion of bonds to shares?

Once again the argument has become a binary one; equities vs bonds. I said in my last post that many bonds, both gilts and corporates, are expensive because inflation is low which clearly recognizes the risk to capital value if interest rates rise. I was born in the 1940s so am no stranger to inflat...
by everhopeful
March 15th, 2019, 8:25 am
Forum: Retirement Investing (inc FIRE)
Topic: Proportion of bonds to shares?
Replies: 31
Views: 2168

Re: Proportion of bonds to shares?

IIRC the reason to increase bond allocation towards retirement was because you were forced to buy an annuity. The last thing anyone wanted was to see equities drop on the run up to retirement day. Today 2 things have changed: you no longer need to buy annuities, and can slowly drawdown instead. As ...
by everhopeful
March 13th, 2019, 3:54 pm
Forum: Retirement Investing (inc FIRE)
Topic: Proportion of bonds to shares?
Replies: 31
Views: 2168

Re: Proportion of bonds to shares?

As I have said in other posts I have a mix of fixed interest holdings including ETFs, individual bonds, strategic bond funds and trusts and prefs. I have bought nearly all of these when valuations were lower than now so have enjoyed a capital gain as well as the income. This is one of the reasons fo...
by everhopeful
March 12th, 2019, 9:45 am
Forum: Investment Strategies
Topic: Asset Allocations (Countries)
Replies: 7
Views: 948

Re: Asset Allocations (Countries)

US has been the place to be invested along with Japan and Asia in general. US is expensive at the moment but in the long term will probably remain the biggest gainer. The trouble with big global trusts like Witan is that they hold the usual FTSE 100 suspects which you probably already have. Witan ha...
by everhopeful
March 10th, 2019, 5:44 pm
Forum: Gilts and Bonds
Topic: Bond funds - advice and opinions sought
Replies: 10
Views: 945

Re: Bond funds - advice and opinions sought

There is surely no reason why a bond ladder can not use corporate bonds. I have a selection of individual bonds with different maturities which although not constructed as a ladder serves a similar function. I hold individual bonds, Index linked bond ETFs, prefs and strategic bond funds in my fixed ...

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