In the UK savings are protected by the state up to £85k per bank. Still not absolutely zero risk technically I suppose, because theoretically the state could fail to fulfill that guarantee, but effectively it is.
Yeah I'm being a bit facetious ("That's not like Syd!") but was just pointing out if you're getting any sort of return, that's almost always a reflection on the level of risk said investment has.
My personal portfolio is up 1237.803% since the 18th December 2022 and 775.14% since 3rs September 2023.
I'm ex-BAE and have been sat on a large accumulated bundle for years, they've been on a huge bull run for the last year and I've held my nerve, I've now sold, no capital gains as from employee schemes, and will reinvest some in high yield shares for passive income, still reluctant to buy into bitcoin.
It's probably the time to invest some of it in bitcoin or a company that gets an income from Bitcoin mining e.g Nvidia.
Nvidia / AMD doing very well at the moment. There's always room for some boring old dividend payers for income like Aviva / Phoenix / Legal and General paying 7%+ pa Depends on your timeline. Never need to be all in or out.
L&G are up 15% since October and as you point out, paying a dividend of 7%+, so in wondering why they were so low to begin with.. what does the market know that i don't. Same with Lloyds. Imperial tobacco paying a dividend of 10% if you're not ethically invested, but who knows how long they'll be around these days. Solar and wind power companies taking a beating since summer. OX2 are a big enough company that have halved... No dividend though.
I've reinvested in Phoenix Group and Vodafone for high yields and a fair current share price, I felt the L&G share price was high and dividend was less than PHNX. Already hold Aviva and Lloyds. Cheers.
The only cryptocurrency I’ve invested in is quant (QNT). It’s basically solves interoperability and allows different blockchains to communicate with each other. Believe they’re now working with the government on the creation of the digital pound.
Ive lumped in on Ferrexpo - listed on ftse250 - around 72, its 75 now. Cash rich, not so much debt, paying a dividend of around 13%. Share price down as with all miners, due to China economy uncertainty, but data looking a bit better now... But the big thing that has pushed the price down is that they're heavily weighted in iron ore mines in the Ukraine and their supply chain is up and down due to ports being closed and opened. If peace breaks out, I'm gambling on the share price doubling overnight.. if the war stops at the same time as interest rate cuts and global economy shooting up, could treble money... Not investment advice etc..
Bitcoin hit $64k earlier. That is $5k off the all time high. This bull run could make millionaires from very little.
