Paypoint - This 8.1% yielder could top up your State Pension

[ZipserSir]

New article appeared on the Motley Fool on Saturday. The conclusion says "So overall, I reckon PayPoint has all the makings of a great long-term income buy, with the potential to help you double your income in retirement."

I know several people here have PAY in their HYP. I only noticed on Saturday that PAY is no longer a constituent of the FTSE350 - does anyone know when that happened?

[CommissarJones]

I only noticed on Saturday that PAY is no longer a constituent of the FTSE350 - does anyone know when that happened?

PAY got the chop in the December 2017 quarterly review.

https://www.ftserussell.com/files/press ... ember-2017

(I have looked at PAY a couple of times, but have never held.)

[Lootman]

New article appeared on the Motley Fool on Saturday. The conclusion says "So overall, I reckon PayPoint has all the makings of a great long-term income buy, with the potential to help you double your income in retirement."

Serious question - who at TMF UK has any seriously relevant grasp of the markets? They were always a joke IMO and most of us who were there did so only because of the boards and not the editorials and sales pitches. The board commentators were much shrewder investors than the paid talking heads.

Which is a shame because TMF US actually has a few decent analysts. But the UK version was always third rate in that regard - a refuge for those who could not get real City jobs.

[carioca]

I can't agree completely with your evaluation of the old TMF UK. I do remember times when the site carried detailed and well-informed analyses of UK companies or whole industry sectors. I admit that my recollections may be influenced by material I found on the US site. (I do distinctly remember discussions of ARM, Nokia, and Vodafone - in all three cases I was holding the shares before they started covering the companies and I found that it took them far too long to reach a verdict.)

I agree, however, that recent offerings contain a lot of the reasoning and the vague predictions of what "may" happen to the company some time down the road very similar to those which the "Fool" criticized in the so-called "Wise". I don't follow the Fool - haven't been for some time - but occasionally my Yahoo page shows teasers to the site that I can't manage to ignore. As far as Paypoint is concerned, I just saw another teaser to an article where the yield was described as "jaw-dropping." So much for detailed analysis.