A simple approach to successful personal investing with the goal of generating a growing income from a portfolio including cash savings, shares, corporate bonds and government-backed investments, using online savings and brokerage accounts and shielding your investments from tax wherever possible.
Making money since 2011
Persimmon - the UK's leading house builder - is one of my 'legacy' shares (i.e. one that I have held on to, despite being a disappointment). I have been reluctant to recommend it as it hasn't paid a dividend for the past year or so. However, the share price has been recovering and I am almost 'above water' on the purchase price.
But what is more: the Easter Bunny may be bringing an unexpected boost.
I was 'conflicted', as they say in the US - but as dilemmas go, it was rather pleasant.
I bought the UK Santander's 10 3/8% Preference Shares just at the beginning of 2012, when I was cranking up the fixed-income element of my portfolio. At the time, this security was yielding 10% and was clearly a risky investment, given the level of turmoil in Euroland.
Fast forward to today and I am looking at an increase of 38% in capital value, but still with a ‘tasty’ current yield of around 7.7%: my earlier gamble on Spain has turned out well.
"It's smoke and mirrors, Jim -
but not as we know it" Source
Now, this is a strange one - and to be honest, I'm not 100% sure about it but I thought it looked worth a try in my search for global diversification.
Not only is it a mouthful, but it's an Exchange Traded Fund that follows an index tracking the global 100 highest dividend shares, which no-one else quoted on the LSE seems to offer. But it does this without holding any of the shares...