tag:blogger.com,1999:blog-6533494677366906459.post3708307517234243743..comments2023-05-14T13:16:00.415+01:00Comments on DIY Income Investor : Bond dilemma? (Portfolio Buy)Sisyphushttp://www.blogger.com/profile/11345967558482194349noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-6533494677366906459.post-72733854135804532842016-10-26T11:19:31.794+01:002016-10-26T11:19:31.794+01:00Hi Chris,
Thanks - I will keep an eye on that one ...Hi Chris,<br />Thanks - I will keep an eye on that one then, at the minute I fear we are fairly high up in the market, so I am still sitting on my hands. SMT I add to each year if I can, and so far its doing a stellar march, especially with dividends reinvested, its a nice combination.<br />I also bought the Woodford Patient Capital. Its dipped below what I paid, and I have toyed with buying a bit more so that I can get over the threshold for automatic reinvestment of dividends, but yet to do so...London Robnoreply@blogger.comtag:blogger.com,1999:blog-6533494677366906459.post-39910336215192255552016-10-24T18:44:33.831+01:002016-10-24T18:44:33.831+01:00Thanks Rob,
I'd also suggest IVI as one to wa...Thanks Rob,<br /><br />I'd also suggest IVI as one to watch. The Z stat suggest that it 'cheap' at the moment...<br /><br />Re: IT - it is best to assume that they always trade at a discount of 5% to 10%, unless the discount is actively managed. I bought CTY on the last major dip in the market and so have a yield of 4.05% from one of the better managed Large UK Cap IT.<br /><br />I think SMT will be my next buy - just a matter of when, and being patient while waiting for the moment to arrive!<br /><br />Chris<br />Anonymoushttps://www.blogger.com/profile/10343250033065164142noreply@blogger.comtag:blogger.com,1999:blog-6533494677366906459.post-54441339786828786322016-10-24T08:15:26.678+01:002016-10-24T08:15:26.678+01:00Hi Chris,
Makes sense if you are most focused on i...Hi Chris,<br />Makes sense if you are most focused on income, then why wait for the growth - I took it for the income in order to boost my reinvestment ability in other areas, so I can start my snowball well. I also own SMT - and its been a stellar performer so far, not only with reinvested dividends, but also on the growth front, so I am looking forward to that in another 10 years!<br />I've got my eye on CTY at the minute, however I try to avoid buying any IT at a premium, so at the minute I am sitting on my hands (as I have been for the last 5 months), just waiting for something with a good enough safety margin!<br />Cheers,<br />London RobLondon Robnoreply@blogger.comtag:blogger.com,1999:blog-6533494677366906459.post-31854236071563734092016-10-22T13:23:50.840+01:002016-10-22T13:23:50.840+01:00I agree Rob, the balance between growth and yield ...I agree Rob, the balance between growth and yield is a delicate one. I lean towards yield (I'm 'older' and so money now is better - there is a declining opportunity for money later!) and so NCYF plus the others I mentioned work well for me. I favour Investment Trusts (for many reasons) and am looking at SMT, FGT and TMPL for the very necessary component of growth in the portfolio.<br /><br />So far as NCYF is concerned, now is a reasonable time to buy if you intend to hold for a while. The premium is about 4% to NAV and widening due to the markets desire for decent yield. NCIM do not actively manage the premium/discount to NAV as some other IT do (e.g. CTY), however they do issue new shares when the premium becomes excessive (last round was about a year ago) and this obviously has an impact on the share price.Anonymoushttps://www.blogger.com/profile/10343250033065164142noreply@blogger.comtag:blogger.com,1999:blog-6533494677366906459.post-15358907982281728222016-10-21T10:20:49.304+01:002016-10-21T10:20:49.304+01:00I also hold NCYF in my portfolio, but it makes a v...I also hold NCYF in my portfolio, but it makes a very small overall %age as I wanted to try it, and see how it goes - the dividends pay out nicely, however growth has been limited, and my ideal is a little of both. I am likely however to add further to it in the future when the time is right for me<br />London RobLondon Robnoreply@blogger.comtag:blogger.com,1999:blog-6533494677366906459.post-40351293050744148002016-10-20T16:32:11.556+01:002016-10-20T16:32:11.556+01:00I've held NCYF for a few years, and the share ...I've held NCYF for a few years, and the share has consistently been one of the best yielding in my portfolio. If that looks a little too risky, then HDIV may be a better option (5.53%). CMHY and IPE are also worth evaluating (5.18% and 6.47% respectively). FWIW I hold all of these.Anonymoushttps://www.blogger.com/profile/10343250033065164142noreply@blogger.comtag:blogger.com,1999:blog-6533494677366906459.post-43642200249872592962016-10-20T12:39:43.736+01:002016-10-20T12:39:43.736+01:00On a similiar theme, the Telegraph's Questor h...On a similiar theme, the Telegraph's Questor has tipped:<br /><br />Lowland Investment Company plc (LWI)<br /><br />Although the yield is low - around 3%, this has risen by an average of 7.6% annually over the past five years and has been increased EVERY year since 1972 (except 2009 when it was maintained).<br /><br />The link for those interested is:<br /><br />http://www.telegraph.co.uk/investing/shares/questor-lowland-offers-yield-rising-dividends-an-experienced-man/<br /><br />Disclaimer: I have found advice by DIY income investor generally very good and questor a bit more patchy, so as ever - Do you own research!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6533494677366906459.post-11282173824159002442016-10-20T10:35:34.011+01:002016-10-20T10:35:34.011+01:00Haha - I find myself watching the APF ticker, wait...Haha - I find myself watching the APF ticker, waiting for a spike so I can off-load some! Sisyphushttps://www.blogger.com/profile/11345967558482194349noreply@blogger.comtag:blogger.com,1999:blog-6533494677366906459.post-66521448805551087862016-10-20T10:21:00.716+01:002016-10-20T10:21:00.716+01:00I see this goes XD on 27th October. I suppose tha...I see this goes XD on 27th October. I suppose that if you don't jump before then you only get three-quarters of the dividend in the next twelve months. Congratulations on APF, by the way. I am finding it really hard to decide to get out of some of it, for the reasons you mention in your last blog. Keep it up! Anonymousnoreply@blogger.com