IT's for Income - how many
Posted: April 22nd, 2020, 12:10 am
Back story:
I started a share HYP as a long term plan for secondary (beyond a couple of company pensions) and a UT ISA investment and a few more standard savings investments.
Then the missus had some money to invest over and above as it were and on TMF I was inspired by the B7/B8 idea and started small scale splitting 5 ways on BNKR, BCI, CTY, MUT and SCF. Anyhow things got busy over the last 3/4 years, meanwhile we've both been accumulating further investment capital. And now seems the perfect time to buy more - given it's for the long term / income driven.
But having done a bit of reading on here and elsewhere to catch up I am considering what to do.
The 5 above are largely focused on income growth and aside from Bankers predominantly investing in UK equities. Correct me if I'm wrong, it's a whiles since I researched them. But reading on here some posts folk are suggesting what's the point of having a basket of UK based IT''s as they'll all largely be investing in the same equities. Thoughts?
Additionally the suggestion that a basket of IT's should be more about high income bond ITs, international income, asset backed, real estate, etc. Offering diversification. Again, thoughts would be appreciated?
Also, share HYP's - are their still believers?
I started a share HYP as a long term plan for secondary (beyond a couple of company pensions) and a UT ISA investment and a few more standard savings investments.
Then the missus had some money to invest over and above as it were and on TMF I was inspired by the B7/B8 idea and started small scale splitting 5 ways on BNKR, BCI, CTY, MUT and SCF. Anyhow things got busy over the last 3/4 years, meanwhile we've both been accumulating further investment capital. And now seems the perfect time to buy more - given it's for the long term / income driven.
But having done a bit of reading on here and elsewhere to catch up I am considering what to do.
The 5 above are largely focused on income growth and aside from Bankers predominantly investing in UK equities. Correct me if I'm wrong, it's a whiles since I researched them. But reading on here some posts folk are suggesting what's the point of having a basket of UK based IT''s as they'll all largely be investing in the same equities. Thoughts?
Additionally the suggestion that a basket of IT's should be more about high income bond ITs, international income, asset backed, real estate, etc. Offering diversification. Again, thoughts would be appreciated?
Also, share HYP's - are their still believers?