Daddy Ireland
Registered User
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What one did you buy?UK investments trusts are still the best tip I've got from askaboutmoney. Bought one the day of the Brexit vote, anticipating a temporary fall in both the share price and Sterling. Wasn't disappointed, even though Sterling fell a good bit further (from about €1.24 when I bought), the share is still up 10% in Euro terms since then (20% in Sterling), and has paid a solid 4% dividend. Only wish I'd bought more, and still might.
Not sure if I'm allowed mention it as AAM doesn't discuss particular shares. However, with the proviso that this is not a recommendation and it was a fairly random choice from the lists below, it was City of London, CTY.L.What one did you buy?
a prominent poster on this site believes dividend yield is irrelevant in terms of building wealth ( and they seem to be well read on the matter )
all about total return , how has the iseq performed compared to the FTSE this past number of years ?, when you convert sterling to euro , the iseq has outperformed the FTSE by a distance
Yes but remember the iseq still has not recovered from 2008, I think it's one of the few European indices that has not got back to 2008 levels yet. If something drastic happened the food companies post brexit then iseq would be badly affected again. It's unlikely but the iseq is really too small and undiversified for a buy and forget investor, my own opinion albeit
a prominent poster on this site believes dividend yield is irrelevant in terms of building wealth
Not sure if I'm allowed mention it as AAM doesn't discuss particular shares.
Well, I don't agree that dividends are irrelevant - far from it. However, I do believe that it is irrational to look at dividends in isolation.a prominent poster on this site believes dividend yield is irrelevant in terms of building wealth ( and they seem to be well read on the matter )
A lot of people are yearning for a return on their money and to some extent depend on a return as part of their income.
I disagree that dividends are irrelevant. A lot of people are yearning for a return on their money and to some extent depend on a return as part of their income. Receiving a 5% dividend and paying 50% tax still leaves one with 2.5% approx net which is a hell of a lot more than a bank would give you. As for your point regarding companies that don't pay dividends well that's ok too but there are a huge amount of income funds that exist to produce a yield that highly depend on dividends. Also, there are plenty if companies that pay dividends whose share price is higher today than a few years ago.
Well they shouldn't.
When I require "income" I sell some shares.
Brendan
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