Dividends received £1,748, current yield eleven per cent. If NESF continues to pay a dividend in nine years the Trust should be producing income at a zero, zilch, nothing cost. Also unless NESF is taken over the Snowball should be this time next year be 25% closer to achieving the holy grail of investing.

NESF could be producing income at zero cost and the dividends re-invest into the Snowball should be producing income around 7% another £850.00.

The ‘belt’ is printing a small loss but the ‘braces’ are printing a good profit.

Remember the market could take back all the profit, so it’s often best to re-invest into the Snowball, even at a lower yield.