I made a dummy trade with AEI, which is not the same as a trade for dummies, and I was offered a sell price of 285p, which I declined. At that price the thread position was a profit of £310.00, which includes a dividend of £162.00. This gives me the following options.
Sell the whole position and re-invest in a higher yielder.
Take out the profit of £148.00 and hope to make more, with trading costs having fallen it would be an option. For me, remember u are not me as your portfolio may be at a different stage, it’s a strong hold with a target of crystallising the profit only, very roughly £300 of profit plus the dividend.
All subject to the well known investing cliche of jam down (where the worst outcome is if u drop your toast/jam it will land jam down, where if it landed jam up and no one was watching u could still eat it.
GL
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