So what are we buying today?

[andyalan10]

Am I really the first, and it's nearly 11am?

I've bought, but I've just double checked dividend and it's 4.something percent, not 6.something which was quoted on investing.com, so it'd be off topic to tell you what it is

Andy

[Wizard]

Absolutely nothing at the moment, just too uncertain so for me there is a lot more downside risk at the moment than upside opportunity.

Terry.

[Dod101]

Absolutely nothing at the moment, just too uncertain so for me there is a lot more downside risk at the moment than upside opportunity.

Terry.

I am not buying either but more because I do not have any funds available. I think that a lot of the downside is priced in. Indeed anyone would need to be pretty careless not to know the state of the political situation in the UK at the moment; one reason why the UK market is so far behind say the US one. If we get a settlement, almost any settlement re the Brexit situation, we might well see the UK market bouncing back quite well.

If I were to be buying, it would be something like Schroders Non Voting shares. That is a suitably conservative buy for the not too ambitious income seeker. If you are income seeking in extremis, there are plenty of shares yielding more than 6%. For many, mostly individual reasons, I would not be buying any with maybe one or two exceptions.

Dod

[monabri]

There's the Brexit risk (priced in - surely?, maybe...odds of "no deal"..?) and then Mr Trump's tweets regarding China. How much of the fall in the FTSE was precipitated by the general sell off in the US before the national day of mourning (and I don't mean for my HYP) ?

I note, however, that Legal & General are ~231p. With a trailing 12 month dividend of 15.65p ..and guessing an conservative divi increase of 5% (i.e. one-third of the last 5 years average compunded annual growth rate in dividends)...then we have LGEN on offer with a potential yield of....7.1%.

Not racy enough, there is Aviva at 384p....trailing divi of 28.25p....applying same factors as above (28.25p x 1.05)/384p...a potential yield of 7.8%.


(ok these examples are in the same sectors).

Moderator Message:
text deleted. Please keep recommendations in line with the Forum guidelines. Thank you. Raptor.

Will the yields get better ... who knows.

[funduffer]

I am sitting on cash equivalent to nearly 10% of my HYP.

I am doing nothing until next week’s political shipwreck unfolds, and maybe even then wait until next year for more clarity.

I just can’t guess what is going to happen, and the markets all feel very volatile to me.

Sitting on cash seem the best bet for me at the moment.

(Can’t deny there are some good looking bargains around!)


FD

[OLTB]

I am sitting on cash equivalent to nearly 10% of my HYP.

I am doing nothing until next week’s political shipwreck unfolds, and maybe even then wait until next year for more clarity.

I just can’t guess what is going to happen, and the markets all feel very volatile to me.

Sitting on cash seem the best bet for me at the moment.

(Can’t deny there are some good looking bargains around!)


FD

#metoo

I am sitting on a paltry amount of cash unfortunately and am aiming to buy something (probably Legal & General) once the Brexit vote happens next week. If there is (as anticipated) another government defeat, further volatility may be experienced which might bring other holdings into play for a top-up.

Cheers, OLTB.

[tjh290633]

Nothing until after Christmas, as I shall not have enough cash accumulated until then. Currently BATS and LLOY are next in line, but it could all change. BHP, TW., and SSE are all ahead of them but are ruled out because topping them up would breach my arbitrary guidelines.

TJH

[Wizard]

There's the Brexit risk (priced in - surely?, maybe...odds of "no deal"..?) and then Mr Trump's tweets regarding China. How much of the fall in the FTSE was precipitated by the general sell off in the US before the national day of mourning (and I don't mean for my HYP) ?

I note, however, that Legal & General are ~231p. With a trailing 12 month dividend of 15.65p ..and guessing an conservative divi increase of 5% (i.e. one-third of the last 5 years average compunded annual growth rate in dividends)...then we have LGEN on offer with a potential yield of....7.1%.

Not racy enough, there is Aviva at 384p....trailing divi of 28.25p....applying same factors as above (28.25p x 1.05)/384p...a potential yield of 7.8%.


(ok these examples are in the same sectors).

Edited see above mod box


Will the yields get better ... who knows.

My bold.

Don't go there, I can't bring myself to work out how much capital starting an HYP in 2017 has cost me!

[IanTHughes]

On Monday my broker, A J Bell, have their monthly "Bulk Trading Day" - all buys for a commission of £1.50. I do have some cash, both new money and dividends received, amounting to about 1.25% of current HYP value.

I am considering the following purchases:

SIPP Account
Marstons PLC (MARS)

ISA Account
Persimmon (PLC)
Imperial Brands (IMB)
British American Tobacco (BATS)

All top-ups except for BATS which would be a new holding

Hmmmm



Ian

[idpickering]

I'm not buying anything currently, apart from my chosen top up scheduled for 22 Dec 18, that being British American Tobacco. I'm taking a step back currently, and watching what a shambles parliament is.

Ian.

[Darka]

Topped up BATS today, would have bought more but fully invested.

No more funds to invest until later this month.

[monabri]

So no-one's topping up Kier then.....

Coat, please!

[Quint]

I am sitting on a chunk of cash still to invest in the income portion of my SIPP, equivalent to 40% of the total allocated to income, which is about 30% of the total. The thing is now some IT's like City, Merchants and Murray International are looking like good yields.

My plan is for 20 holdings, mostly HYP shares but happy to add some IT's even though it will mean some overlap but I would much rather that than diversifying in to some of the HYP sectors that do not look good.

A portfolio yield of 5% is the target, anything more is a bonus. Lots of falling knives out there at the moment.

[Raptor]

Moderator Message:
Just to remind posters that HYP Practical is not for recommending buying IT's for your portfolio (other than REITs). Although leeway is allowed in talking about IT's, actually recommending named IT's to buy is off topic. Raptor.

[Arborbridge]

Topped up BATS today, would have bought more but fully invested.

No more funds to invest until later this month.

.....when the market might be even better for you

[kempiejon]

.....when the market might be even better for you

I have found that rushing to buy a "bargain" one often ends up spending more. I'm not treating the recent drops as any more of a buying opportunity that usual. Using savings and mopping up dividends I'll make one more HYP pick before the year is out and VODafone, British American Tobacco and Standard Life Aberdeen look sensible for my port. I do have some cash in my SIPP which is not very HYPish and mostly outside the UK that is due its quarterly rebalance late this month.

[Arborbridge]

"What we are buying today", is my December topup. The choice is easy, because my main account with the top-of-table CNA, is short of cash, and the other account holds Persimmon which happens to be second in the table. CNA would probably be vetoed as usual anyway.



After this topup, PSN will account for almost 5% of my income stream, so it will probably be ruled out for a while - though never say never!

So, job done. Whether I'll make another topup in December we will see. There are funds, but I might also try to curbed my enthusiasm.

Incidentally, today's market fall puts my unit price lower than any time since 2013, though the income per unit has remained stable. A real set-back in the aim of keeping capital up with RPI.

Arb.

[plodder]

Dipped into some more RDSB (not many more though) and was tempted to a small amount of RE.B prefs at 9%. Not sure if prefs are relevant to this forum though - new to posting on here .

[flyer61]

Buys in Aviva, New River Reit and Regional REIT....also but not so high yielding Diageo, Halma and Sabre (US).

[johnstevens77]

Although we usualy use our dividends for day to day expenses, we do live below our means and have a few bob to reinvest. Problem is that both our ISA's are fully subscibed. However, the phrase, "do not let the tax tail wag the dog" seems appropriate here so will be topping up Greene King in the OH's dealing account tomorrow.

john