I would like to re-position the SNOWBALL for long term growth and dividend growth. There is 40k of cash, which will have to invested otherwise the SNOWBALL will suffer a loss of income of around 3k.

IF the oil price stays high I would like to buy the following shares

MRCH

CTY

SEIT

LWDB

SUPR

IF the oil price stays high the yields on the above may improve and the SNOWBALL could invest at a blended yield of 7%.

The first xd dates, apart from LWDB which is un-important, are a few weeks away, so there is time for the market to fall and the new financial year is also still just under a month away.

I will start to re-invest by buying SEIT and finalise the position in TRIG, which will leave around 26k to re-invest.