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In the grand design of things you’ll secure an A+ with regard to effort and hard work. Exactly where you lost everybody was on all the particulars. As as the maxim goes, the devil is in the details… And it couldn’t be more correct in this article. Having said that, let me inform you what did work. The authoring is definitely rather convincing and this is most likely the reason why I am taking an effort to opine. I do not really make it a regular habit of doing that. Second, although I can see a leaps in reasoning you make, I am not really certain of exactly how you seem to connect your details which in turn produce the actual conclusion. For right now I shall subscribe to your point however hope in the future you actually connect the facts much better.
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The snowball has a portfolio of shares bought for a specific outcome,
to re-invest earned dividends at a yield of 7% plus
Whilst you can copy trade any of the portfolio Trusts, it makes no difference to me as it is in fact a negative for the Snowball, as because the price goes up the yield falls and the Snowball is only about re-investing earned dividends over a long period.
As each person’s risk profile is different to the next person’s so this should be reflected in your portfolio. For example you might want to gamble and have 75% in dividend Investment Trusts and the remaining 25% in a TR portfolio, rebalancing as your move along.
Everyone must invest their hard earned to the best of their ability.
The current Trusts I’m interested in are in the Watch List updated at the weekend but as always it’s best to DYOR.
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