Back In for Divi and the reverse I hope |
Neilson report certainly damaged tobacco shares, wonder if they do a report on how vapes etc booming. |
Interesting reaction to the cut in the US. Up quickly then back down to end negative on the day.
Can't see the BOE doing anything tomorrow and yeah getting sub 5% if they did from cash would be hard to take......lol
Good luck all 👍🏻 |
Well .5% cut, will the BOE cut tomorrow, hope not got cash on deposit, lol |
Any of you guys in zim or pbr-a? |
Thanks for your thoughts llb. Yes I've also been in shares where divis have been slashed. But often the price is moribund and the market pretty much indicating a cut on the way. My two current overweight shares seem different to me. SQZ was priced for much worse than the worst case scenario under the punitive windfall tax regime imo and is now recovering back towards a more sensible yield imo. I'll keep riding it for now to see if it gets there. Similarly SBLK has serious growth aspirations which should help to ensure the divi is maintained imo. Again I'll be watching ready to trim at first signs of trouble! |
7pm monty. 7:30 press conference from the Jerome. |
love the way its just after we shut |
Fed decision 6pm uk time I think. Hopefully .5% otherwise could be fun tomorrow. |
 #Spawny100, as hard as it is, think long term portfolio dividend cover sustainability, I have had 3 of my big PF dividend payers cut in half or cut to zero over the last year or 2, VOD/DLG/DEC, it can and will happen IF share prices soften and yields rise they become unsustainable, companies retain more of their earnings and typically pay down debt with it or use it for buybacks..
I also had a some good luck rolling the dice on a couple of AIM stocks a decade ago and got away with it but never push your luck too far, it will bite back..
A 4% * 25, or 5% * 20 with a 5/6% yield offers far better protection through diversification from black swan events and staying in the game is what matters over a lifetime, not getting blown out of the water half across towards retirement and sinking..
That said, I am overweight NG right now after the RI offered up the chance to double down on the position but they do have a monopoly in the UK with a huge moat and barrier to entry from competition, BATS/IMB have also had a cracking run over the summer lifting their weightings too.. :o)
The chart here looked a bit toppy at 2975 so not at all surprised to see it pullback a quid, and hopefully with a FED rate cut tonight the next leg will get underway into the XD 26th.. |
Yes yield can be a great temptation! My pf yield of 11% is due to being very overweight in SQZ (picked up at 112) and SBLK (picked up at 20 dollars). |
Outside of ETF's I have 18 UK listed stocks and 16 in the US.
I get into overweight positions at times, normally when the market goes against me in some sectors such as energy / miners, but find it hard to rebalance because of the yields on offer in some of them.
I must try harder I guess as nothing is guaranteed in terms of the lifetime of a company as we have all seen before.
Good luck all 👍🏻 |
Llb 4%*25 is probably wise thing to do and I'm wondering if I should rebalance as I have several overweight positions currently. Having said that I made my initial lump with a 100%*1 investment but I don't think I'll ever risk that again. It paid my mortgage off though and enabled me to start building a dividend portfolio with the rest with a view to retirement in 10 years or so. Current yield on the portfolio is around 11% which is quite brilliant if it holds! |
If they only cut .25% I don't think market will like that. I think they expect .5% |
Spawny
Ah yes the infamous Marconi. But did you own the predecessor, Ferranti!
Still have that share certificate on my toilet wall. |
Yeah it really is a coin toss monty.
Some are saying don't worry about it as long as by year end they have cut by .75 or 1%.
Chair Powell spoke with a tone of moving by 50bps today, in my opinion, but will that spook the markets into thinking a soft landing isn't achievable?? Maybe going softer today will keep the market and general consumer sentiment more stable.
Good luck all 👍🏻 |
Market moving event today, will the Fed cut 0.5% or 0.25%. Would not like to call it. |
From that well known book: Small Investors' Favourite Fallacies
No. 7: "Buybacks support a share price"
They don't and short term traders relying on BBs to do so is a losing approach. |
#Spawny, indeed, and well worth noting, a reasonable 4% * 25, or 5% * 20 diversified portfolio will protect investors, maybe 2% * 50 for some, but overweight positions should be re-balanced for safety, anything can happen over a lifetime, Gov legislation, the next .com AI bubble, market sectors out of favour and sold off, wars, a meteor strike.. :o)
A 10% * 10 could capture more progress IF a share takes off, and Mr Buffet does have this or even higher in some companies (Apple / Coca Cola) with great results, but each to their own, everyone has to be able to sleep at night, and over 25/30/40/50 years, a big loss going into retirement could be disastrous with not so much time to rebuild.. |
I would say Algorithm trading may send it to 2850p they just sell on these reports. |
9713 big companies go bust sometimes. My first ever investment was in Marconi. I bought at 12p with the (naive!) view that surely it can't go any lower.... |
This was my point the other day, sell a week before ex div date, something normally comes out, shares fall, if you still like them, buy back cheaper more bang for your buck. Timing for this report to come superb, no mention of the booming vapes etc. |
I also recommend using Trading212.com as they are free to trade and their exchange rate is best in class so doing trades outside the UK is super easy and affordable
They also good interest on cash not being used |
I only have 25% left of my original position
I am mainly a value hunter and of course I like big divis. There are some very cheap sectors around, high quality and battered so moved money there and now it's a waiting game: Luxury brands such as Kering (listed in Paris), Estee Lauder is another one that has been battered (US), then you have BRWM which I chose for the mining sector, Intel for microchips (totally decimated) ... I like big companies that will always survive and double or more once the market warms to them again
BATS buybacks will support the share price here as you all know so need to panic really but there are some bargains elsewhere |
You don't know its a fraud or a scam until someone proves it - but you can make an educated guess.
So , I would lean towards its Always the investors fault. |
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