For any new readers, the portfolio rules there are only 2.
One. Buy Investment Trusts that pay a ‘secure’ dividend to buy more Investment Trusts that pay a secure dividend.
Two. Any Trust that drastically changes it dividend policy must be sold even at a loss.
The target for the portfolio is to pay a ‘pension’ of 14% within ten years, better if u have longer.
The target is not in doubt, although depending on the market the time scale may slip.
Dividend investing, the only strategy where u can welcome falling prices because as the price falls the yield rises.
I forgot to mention, u keep all your capital against buying an annuity at around 7% and gifting all your capital to a pension provider.
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