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Hi,
Firstly I am not sure if this is the correct place to post 'Points of view' regarding shares, so I apologies if this is the wrong place.
I have some shares in standard life (I got the free years ago), I have been thinking about selling them for some time, a while ago they were at @2.30 each, But I didn't have the documentation and web page setup to sell, now they are hovering at @2.15, as I have @1000 shares that makes quite a difference, but a while ago they were only @2.00, so the question is, do I sell now or hold onto them? I am in no mad rush for the money but it would come in handy for buying bits for my new house, I have some money in a fixed rate ISA (3%), so I could either take the money out of the fixed rate ISA (loose 60 days interest (0.5% I think?) & obviously I can't put It back in) or sell the shares, so I guess its a case of will the Standard life shares increase by 3% or more.
Obviously no one can predict, but views would be appreciated..
I did get dividends that bought more shares, but I think that is finished now (anyone know), if so I guess there is little point in holding onto them, just sell at a good price!
Hi,
I did get dividends that bought more shares, but I think that is finished now (anyone know), if so I guess there is little point in holding onto them, just sell at a good price!
Whether a company pays a dividend or not is fairly irrelevant, as they are only giving you back what you already own. If you want income, there is little difference (other than tax issues and delaing costs) between a company paying you a 5% dividend, or you selling 5% of the shares each year, so the fact they may not be paying a dividend shouldn't influence your decision very much.
The reason for mentioning the Dividend is that fact that I think it used to pay out in December, so it might be worth holding onto them, but no point if no dividend, unless they are likely to go up.
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Pls be nice to all MoneySavers. There's no such thing as a stupid question, and even if you disagree courtesy helps.
Standard Life Shares
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