Caledonia is the sort of investment trust that takes you back in time – and sure enough, the discount suggests its best days are behind it. But I’m more optimistic.
Shares
Everybody loves to receive dividend income, which is a key component of the rewards of being a part-owner in a business. The demo HYP has already begun to earn it.
I could have spent £5,000 on a great holiday, a decent car, or a bad woman, but instead I’ve spent it buying high yield shares for your delectation.
I’d rather not review the HYP, in that it was a portfolio of shares bought just before the crash. But needs must, and you might be surprised at how it’s fared, however.
Why take one unloved banking preference share into the portfolio when you could have two? Well, a few reasons actually, but they didn’t stop me.
For the third time in five years, I own Lloyds shares. What’s the case for the company this time around?
Sometimes the best time to pick up a bargain is when everyone else is running the other way. Is it time to buy BP shares?
I recycled some of my equity portfolio into Natwest preference shares. Out of the frying pan, into the microwave oven?
Did you buy bank preference shares when the market was giving them away? Me neither. What an incredible opportunity it was.
Companies can’t get dividends out the door quickly enough, for major private shareholders, who face a 10% tax rise on dividend income in April.
Anthony Bolton’s China fund surely won’t repeat his glory days, but it’s not a bad way to invest in China.
Here are a few good reasons to back Anthony Bolton in China via his new Special Situations Trust.
Today is Anthony Bolton day on Monevator, in recognition of his exciting new Chinese investment trust.
I have written about several specific company’s shares here on Monevator over the past six months. How have they done?
Buying Lloyds shares is basically a bet that sweating its assets will out the earnings, eventually.