By Cliff Weight, ShareSoc Director
Please note I am not qualified to give investment advice, and nothing in this blog constitutes advice.
Chris Spencer Phillips reported in a recent blog https://www.sharesoc.org/blog/investment-strategies/a-review-of-my-2020-share-portfolio-chris-spencer-phillips/ that his portfolio was up +80% in 2020, after being + 25% in 2019. Congrats and hats off to Chris. I cannot rival that, but I thought readers might find my review of 2020 of interest.
My portfolio numbers for 2020 were:
Everything – all equities, ISAs, SIPPs, OEICS, etc ...
Every week brings news of a major company cutting or suspending its dividend: this week, it was BT. For investors who rely upon dividends for income, the search for a reliable, sustainable dividend becomes ever harder.
There are no shortage of commentators who believe that most companies should be putting dividends on hold now. Certainly, the story of Easyjet paying out significant dividends on the same day as it requested a bail out from the government struck many as irresponsible. When ...