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All articles are to inform your thinking, not lead it. Only you can decide the best place for your money and any decision you make will put your money at risk. Information or data included below may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.

Some Trusts to build a portfolio on sound foundations.

The intention is to never sell the Trusts in the portfolio *

but to use the dividends to buy more Trusts that pay a dividend

and repeat. *If/when a Trust rises in value and the yield falls

u could sell, crystallizing the capital gain and re-invest in

a higher yielding Trust.

If u buy a buy to let house and intend to use the rent to pay

for your retirement, the value of the house is unimportant

if u want to keep receiving the rent to pay your bills.

LWDB could be a buy if/when the next time the market crashes.

Tks to Mr. Market, then look for the next market opportunity.

I’ve added to the Snowball by buying 2855 shares in AEI

for 8k

xd next week for £162.00 payable in March.

Currently £112,628.00 invested in the market.

This is not the value of the portfolio as it will take a while

for markets to improve and more dividends earned.

It makes no difference because as the price of a Trust rises

the yield falls, so when u are re-investing lower for longer

is best.

Stick to your plan until it sticks to u.

I am going to buy a position in AEI as the shares they hold

are of interest to me and looking well ahead for when the FTSE100

trades higher.

ACTIVITY BREAKDOWN
Top 10 Holdings

Name Holdings
BP PLC 4.8%
Shell PLC 4.3%
National Grid PLC 4.3%
Imperial Brands PLC 3.8%
SSE PLC 3.8%
DS Smith PLC 3.7%
Barclays PLC 3.1%
NatWest Group PLC 3.1%
BHP Group Ltd 3.0%
OSB Group PLC 3.0%

Currently yielding 8.2% trading at a discount to NAV of 5.9%

There are only two.

1. Buy Investment Trusts that pay a ‘secure’ dividend and use those dividends to buy more Investment Trusts that pay a ‘secure’ dividend.
2. Any Trust that drastically alters their dividend policy must be sold even at a loss.

I’ve sold 12264 shares in GRID for a loss of £1,175.00

after they cancelled their next dividend.

Cash to re-invest £8,139.00

Gresham House Energy Storage Fund plc

(“GRID” or the “Company“)

Capacity Market (CM) auction results

Gresham House Energy Storage Fund plc (LSE: GRID), the UK’s largest fund investing in utility-scale battery energy storage systems (BESS), is pleased to provide shareholders with an update on the 2023 Capacity Market auction results for the portfolio.

The latest T-1 CM auction concluded on 20 February 2024, clearing slightly higher than expected at a price of £35.79/kW. The Company has secured additional 1-year contracts across 13 of its Projects with a total derated capacity of 90.491MW. In total, the additional contracts are expected to generate £3.2mn of additional revenue from October 2024 to September 2025.

In the valuation process for the Company’s assets, CM revenues are only included where contracts are held at the date of valuation, therefore these new contracts are in addition to current revenue assumptions and are accretive to NAV. The NAV benefit from these contracts will be recognised at the next valuation date of 31 March 2024.

Ben Guest, Fund Manager of Gresham House Energy Storage Fund plc, said: “We’re pleased with these results from the latest annual Capacity Market auction, as well as their expected positive contribution to our NAV from 31 March 2024.

“One of the great attributes of battery energy storage systems is their flexibility. We can swiftly and remotely configure our software to tap a wide range of potential revenues available to BESS without needing to make any physical changes to hardware. These revenues include both contracted income such as the Capacity Market auction results we’re announcing today, as well as merchant, or trading, revenues