Legal & General Share Discussion Threads

[eurofox] 26/3/2024 14:16

Is Simoes going to do an "Amanda Blanc" on LGEN?

[mcunliffe1] 26/3/2024 12:18

Appreciate your expansion una. I understand your view about 10 years and not being here then. Live for today is a good motto having got to retirement age with enough money to enjoy that life.

I was appreciative of the L&G Int. Indec Trust fund being at a high point now - but that's likely to be the case everyday going forward as it seems to be on a clear trajectory upwards. As I'd expect from a tracker. And one can never guess just how adaptive the US can be.

I need to decide, and soon.

Thanks netc for your input as well - that's why I'm considering things.

[unastubbs] 26/3/2024 10:43

it might equally be telling us that money follows money blindly, hence the rush to the US markets from the UK and other countries too it must be added. It can blindly return (and bring some friends with it) if those markets blow up. In any case in my situation i might not be here in ten years time and i need income up front. that's how i look at it! :))

[netcurtains] 26/3/2024 10:28

unastubbs: Value stocks... There are loads of ways of looking at value...

If you mean value at todays prices that is potentially a value trap.

If that value company is in long term decline - good value today might be worthless in ten years time.

The market appears to be saying the UK FTSE itself might be a value trap due to events in 2016 (etc)....

Investors want more evidence that the UK is escaping the long term negative affects of previous decisions..

[unastubbs] 26/3/2024 10:14

hey Mcun - i just think the US market is so over valued that for me it's not investable at this time. but that's just me, i prefer value and I see that in buckets in UK stocks. I've seen that in buckets for the last five years and been mainly incorrect! Using my broken clock method of investing I aim to be right one day. I also have a home market bias being something of patriot at heart. I have no idea how the 67% of US stocks actually correlates to world trade flows, it may well be that with their huge multi-nationals US companies have that proportion of income from world trade and thus merit the weighting. a quick google tells me they represent 8% of world exports but no doubt since their firms have factories in other countries then they won't show in the figures. Obviously many intangible factors to add in the mix - but 67%? I doubt it...all we know is that their stock markets by size are two thirds of the world's bourses. if you think that will continue and indeed increase then buy the ETF if you don't then don't!

And you said it - the magnificent sh1t show! that is an accident waiting to occur.

VEU, VXUS are good options sans US exposure

good luck whatever you choose.

[luderitz] 26/3/2024 09:46

LGEN Investing much in the UK? Can’t say I’m very surprised with our dismal record on just about everything.

[netcurtains] 26/3/2024 09:13

You might be interested in this chart produced by the Lion Trust. It shows the amount of funds leaving the UK equity market..
LGEN possibly are not investing as much in the UK as they used to.

It appears to have started in 2016 (no idea why 😊 )

[mcunliffe1] 26/3/2024 09:04

una: your percentage is accurate but your explanation is lacking. I appreciate the top 10 holdings in the fund feature the 'magnificent seven' and such are at a high at the moment. I'd appreciate your expansion.

TIA

[eeezeeetiger] 26/3/2024 08:47

Can’t see much happening here over the next month until nearer the ex divi date. Might be crazy but am considering take my profit here and buying back after the ex divi if last year’s drop is anything to go by.

[unastubbs] 26/3/2024 08:36

#5196 67% exposure to US markets - no thanks!

[mcunliffe1] 25/3/2024 18:05

Thankyou zac0_4
I'll look at both versions and decide which is the better fit for me.

I'm starting to think that as interest rates start to drop (this summer?) ii will obviously pay less for the cash I hold in my SIPP and hopefully, share prices will rise as money flows out of cash and into shares. I also need a home for the cash that doesn't entail me checking every day. Invest, leave to grow - sorted.

[jubberjim] 25/3/2024 17:36

Each to their own !

Good luck

[luderitz] 25/3/2024 17:25

Ex-divi date is 25th April so another month or so of hopefully share price rises.

[zac0_4] 25/3/2024 17:17

MC1 - that's the one. L&G International Index Trust Accumulation.

If you prefer an ETF they provide a very similar ETF version LGGG

Good luck.

[woodhawk] 25/3/2024 16:56

The only interest I might have in the share price day-to-day is what yield it might offer. I have no desire to waste my time constantly monitoring individual share prices trying to second guess the market within some miniscule timeframe... as you appear to do.

[jubberjim] 25/3/2024 14:44

Woodhawk

Go on then enlighten me !

And anyone else who s interested (not many I ll bet)

Slow day ? Fractious ,Asinine comments.

But congratulations you have succeeded in getting a rise out of me .

Now see if you can do the same for the share price !

All the best

[luderitz] 25/3/2024 14:23

Yes it is a bit that way isn’t it Skinny these days.

[skinny] 25/3/2024 13:12

"On top of that, mondays are not generally good for FTSE."

As opposed to Tuesdays, Wednesdays, Thursdays, Fridays...... 🙄

[luderitz] 25/3/2024 12:54

Thanks Fiona. I hate Monday's as well 😀

[netcurtains] 25/3/2024 12:48

The problem is there are many people around who think stock markets (globally) are a bit high and possibly its time to take some profits.
On top of that, mondays are not generally good for FTSE.... Then LGEN has had a nice rise - people are wondering..... Is it time to top slice LGEN?

[fionascott1234] 25/3/2024 12:43

To Una Stubbs as per the word, "reply"!

[woodhawk] 25/3/2024 12:32

As usual you're about as subtle as a flying mallet, jubberjim. Can plot your likely holding (or not) by your comments.