Investment Trust Dividends

Rules for the Snowball.

For new readers, don’t panic there are only 3.

One.

Buy Investment Trusts* that pay a ‘secure’ dividend and use those dividends to buy more Investment Trusts that pay a ‘secure’ dividend.

Two.

Any IT that drastically changes their dividend policy must be sold, even at a loss.

Three.

Remember the rules.

* The Snowball will only buy Investment Trusts as most Trusts have reserves to pay their dividends as during the covid crisis. U may find other shares to buy but not for me. KISS

1 Comment

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