Search found 584 matches

by TUK020
March 1st, 2019, 9:09 pm
Forum: Investment Strategies
Topic: Portfolio producing annual capital gains not dividends
Replies: 29
Views: 1600

Re: Portfolio producing annual capital gains not dividends

One idea is to use index trackers with strong overlap, to enable you to trade assets, but avoid exposure to being out of the market for the required capital gains period (30 days?). E.g. buy FTSe 100 tracker. With fair fortune, a gain made can be 'banked' by selling a chunk, and switching the funds ...
by TUK020
March 1st, 2019, 1:34 pm
Forum: High Yield Shares & Strategies - general
Topic: HYP investing as a yield trap
Replies: 127
Views: 4482

Re: HYP investing as a yield trap

An HYP can and probably will have periodic falls in dividend income. Long term records published by TJH showed a 40% drop in income following the Great Financial Crash. Therefore you either need to: a) accept that an HYP will result in variable payout b) accept that if you have a fixed payout, there...
by TUK020
February 27th, 2019, 3:39 pm
Forum: High Yield Shares & Strategies - general
Topic: Personal High Yield Portfolio - Constructive Input Welcome
Replies: 26
Views: 2179

Re: Personal High Yield Portfolio - Constructive Input Welcome

Pref, worth thinking about setting up JISAs for each of your grandkids, and putting a regular annual amount into each. I believe that if shown as a regular payment, this then avoids IHT, and any amount more than 7 years preceding your departure would be clear anyway. If run over 10 years or more, th...
by TUK020
February 27th, 2019, 3:31 pm
Forum: High Yield Shares & Strategies - general
Topic: HYP investing as a yield trap
Replies: 127
Views: 4482

Re: HYP investing as a yield trap

Today is my birthday and I am now 61, so I have been looking at annuity rates recently. I have discovered that to purchase an annuity giving an income, increasing by inflation as measured by RPI, would provide a starting yield of just over 2.5%. My HYP is currently yielding over 6%, although of cou...
by TUK020
February 23rd, 2019, 8:39 pm
Forum: Retirement Investing (inc FIRE)
Topic: Almost FIRE
Replies: 29
Views: 2010

Re: Almost FIRE

Not quite as short as I was hoping :D You also need a cash buffer to protect against a market downturn clobbering your projected divi income in the early years, aka sequence of returns risk. One of the regular posters here, who has been running an HYP for several decades and keeping detailed record...
by TUK020
February 23rd, 2019, 9:55 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: Pearson Finals
Replies: 10
Views: 611

Re: Pearson Finals

Shorttracker
https://shorttracker.co.uk/companies/?sort=2&d=desc

Pearson are number 5 on the list with 10 funds shorting 9.6% of stock.
This fails my 'sleep at night' test.
I bailed out of these shortly after my assessment of what I could have done differently on Carillion.
by TUK020
February 23rd, 2019, 9:50 am
Forum: Company Share news (FTSE 350)
Topic: HSBC (HSBA)
Replies: 15
Views: 227

Re: HSBC - The Value Investor analysis

I must admit I'm not familiar at all with John Kingham's articles. Does he have form on getting companies vetoed off your Top Up list? Personally I would be quite comfortable buying more HSBC at current yield for the long term - were Banks not already overweight in my portfolio. After reading an ar...
by TUK020
February 22nd, 2019, 6:33 pm
Forum: Company Share news (FTSE 350)
Topic: HSBC (HSBA)
Replies: 15
Views: 227

HSBC - The Value Investor analysis

The Value Investor occasionally does an interesting analysis on a company, usually to explain why they are bailing out, or wouldn't touch it with a bargepole. A new report puts HSBC under the microscope: https://www.ukvalueinvestor.com/2019/02/hsbc-investment-financial-crisis.html/ He is not impress...
by TUK020
February 22nd, 2019, 7:40 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: HYP Candidates
Replies: 16
Views: 907

Re: HYP Candidates

I hold two on your list:
BA - large solid company in defensive sector. Worry about debt and pension liability.
SDRC - In an industry under margin pressure, but profitable growing business with net cash, enviable track record in dividend growth

If I were picking from your list I would go for SDRC
by TUK020
February 21st, 2019, 6:41 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: Galliford Try - Half Yearly Report.
Replies: 15
Views: 978

Re: Galliford Try - Half Yearly Report.

OK, so they have put the dividend + policy on a more sustainable footing.
So, where do folks think this business is heading?
by TUK020
February 21st, 2019, 3:53 pm
Forum: Pensions - Practical Problems
Topic: State Pension part of LTA calculation??
Replies: 2
Views: 301

Re: State Pension part of LTA calculation??

Thank you sir.
Panic over
tuk020
by TUK020
February 21st, 2019, 1:31 pm
Forum: Pensions - Practical Problems
Topic: State Pension part of LTA calculation??
Replies: 2
Views: 301

State Pension part of LTA calculation??

I have just misread a post on the Retire Early board, and had a mini panic attack. I realise that I have been making the assumption that the LTA calculation did not include the State Pension, as this has nothing to do with Tax Relief. But it is an assumption - never seen this explicitly spelled out....
by TUK020
February 15th, 2019, 11:56 am
Forum: Laughing Lemons
Topic: Parrot
Replies: 15
Views: 585

Re: Parrot

kempiejon wrote:I thought it was a duck not a parrot.

The French version was a crow
by TUK020
February 15th, 2019, 6:33 am
Forum: Laughing Lemons
Topic: Parrot
Replies: 15
Views: 585

Re: Parrot

jfgw wrote:What's the difference between a parrot?

One of its legs are both the same.


In years gone by, I heard a French version of this, except the punchline was:
"Both its legs are exactly the same length, especially the left one"
by TUK020
February 14th, 2019, 6:37 pm
Forum: Macro and Global Topics
Topic: Why I sold my VW shares a while back
Replies: 1
Views: 225

Why I sold my VW shares a while back

Not because of dieselgate - the hit happened, and I hung on until they recovered. Not because I believe VW can't sort EVs. I think they have proved their ability to drive investment in platforms, and derive the benefit in multiple models/brands/segments - real smart milking of volume to drive return...
by TUK020
February 13th, 2019, 6:45 pm
Forum: Macro and Global Topics
Topic: Musk endeavours
Replies: 1870
Views: 59754

Re: Musk endeavours

BobbyD wrote:Relevance to the 'ability of our auto industry to survive and prosper'?


BobbyD
You persist in attempting to resolve this through rational argument.
There is only one thing I say to you:
"Carrots"
:D
tuk020
by TUK020
February 12th, 2019, 6:04 pm
Forum: Bitter Lemons
Topic: Regional issue
Replies: 13
Views: 417

Re: Regional issue

I always remember my first visit to Bradford a few decades ago. I pulled over to the side of the road to ask a little old lady with a blue rinse directions to where I was heading. When I confessed that I hadn't understood a word of her response, I did indeed get the next bit "Ehhh, ya daft bugg...
by TUK020
February 11th, 2019, 7:24 am
Forum: Living Below Your Means
Topic: Stock up before Brexit?
Replies: 37
Views: 2286

Re: Stock up before Brexit?

richfool wrote:I'm not stocking up on any supplies, but I have recently topped up Warehouse REIT (WHR) to try and capitalise on those who are.

I have also been looking at SMDS (DS Smith) who make cardboard boxes and packaging.


SMDS - good point. You think the house construction market will take a new direction?
by TUK020
February 10th, 2019, 8:50 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: 5 Years a HYPer!
Replies: 16
Views: 1446

Re: 5 Years a HYPer!

Nice one, Funduffer. Good post and good portfolio. If it were mine, I would have the following worry list of temptations to tinker: - I would be nervous over having nearly 3x median by capital in one share GSK, and would top slice, possibly reinvesting in WPP & NG. - Wary of SBRY, level of short...
by TUK020
February 8th, 2019, 5:56 pm
Forum: Bitter Lemons
Topic: Storage of Nuclear waste
Replies: 19
Views: 591

Re: Storage of Nuclear waste

Going back to my original point, if the population, whether or not they fully understand the risks, decides against the repository, shouldn't that be enough? Or should they be overridden in a roughshod manner? Or as seems to be happening, be asked again, and again, and again. The problem with conce...

Go to advanced search