The blog rules there are only 2.
- Buy Investment Trusts that pay a ‘secure’ dividend to buy
more Investment Trusts that pay a ‘secure’ dividend. The snowball effect. - Any Trust that drastically changes it dividend policy will be
sold even at a loss.
Plan
Option A
After ten years to take a ‘pension’ of
16k on seed capital of 100k where u keep your capital.
Option B
You gamble with your future by trading TR
where u plan to buy an annuity with an unknown sum,
which could be x times £2,195.
Canada Life figures show the 65-year-old with a £100,000 pension pot could buy an annuity linked to the retail price index (RPI) that would generate a starting annual income of £3,896. That’s up from £2,195 in the New Year following a 77% spike in rates this year.
Oct 22
2024 will u gamble with you future or invest for your families future,
the choice is yours.
I am genuinely grateful to the owner of this
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