The holy grail of investing is when you have a share in your Snowball that has returned all your capital, either thru share price appreciation and or dividends. You take out your capital and you have then achieved the Holy Grail of Investing in that you have a share that provides income at a zero, zilch cost and then you can re-invest the capital released, into another high yielding share and try to do it all again.

The current meaning of ‘ Share’ is Investment Trusts (CEF’s) or ETF’s. Currently the SNOWBALL invests mainly in Investment Trusts because some have a discount to NAV, with luck and if you

perseverance may pay off.

The current best share in the SNOWBALL is SUPR, where we have earned two years of dividends. A long road ahead, full of bumps and twists and turns before the Snowball achieves the Holy Grail of Investing.

The worst aspect of having a Snowball, is that you sometimes you wish your life away as you wait for the next dividend, so you can re-invest.

When you start to spend your dividends that problem will disappear, like snow on a summer’s day.