DividendInvestor

mstopham

Has anyone heard anything about this website?
I am looking at investing in shares for dividends as I have been doing some dabbling in shares for price profit and want to expand a bit now.

I am specifically interested in dividend yields and ex dividend dates but wanted a quicker way of finding them than going into every company on a one by one basis.

This site DividendInvestor appears to offer this but charge for the service. I don't mind paying if it is a worthwhile service but can anyone recommend or decry it?

Lokolo

Investing while in debt is an extremely bad idea.

mstopham

Lokolo wrote: »

Investing while in debt is an extremely bad idea.

Ignore the debt I am after advice on this website thanks. I would rather not go through an essay explaining the whole situation.

Lokolo

They charge you £150 a year to take stuff off another website and 'Analyze' it for you (they can't even spell it the English way.

The website is full of adverts and look very unprofessional.

Go for it. (I am being sarcastic)

dunstonh

The strategy is called High Yield portfolios and is quite common. Its often best achieved not just with shares but also fixed interest funds. or investments. Otherwise it can get quite high risk.

Any independent adviser, discretionary investment manager or stockbroker that is half decent can do this for you or you can DIY.

However, as mentioned above, going into medium/high to high risk investments when you have debts is not normally a good idea. You would effectively be gearing (borrowing to invest) which is high reward potential but also higher risk potential as well. Typically its only the sort of thing a very experienced investor would do (or a complete newbie who doesnt understand risk).

Reaper

Also some (not all) people think this area could be shaping up to be the next bubble. From a Sunday Times article:

Equity income funds, which invest in firms that pay above-average dividends, have been popular as Bank rate has tumbled, yielding about 6%-8%, according to data firm Financial Express. However, Oriel Securities, an investment bank, recently warned of an “emerging bubble” among income funds listed on the stock market.
Analyst Iain Scouller said: “The consensus view is that the UK is heading for a nasty bout of deflation, with there being little concern about the risks of inflation. We do challenge this view. We think a return of inflation would result in price falls in the equity income sector.”

They are taking about funds that buy high dividend shares rather than direct, but the same applies.

cheerfulcat

mstopham wrote: »

I am specifically interested in dividend yields and ex dividend dates but wanted a quicker way of finding them than going into every company on a one by one basis.

itpaysdividends.co.uk has the information you want and it's a lot cheaper.

bendix

dunstonh wrote: »

The strategy is called High Yield portfolios and is quite common. Its often best achieved not just with shares but also fixed interest funds. or investments. Otherwise it can get quite high risk.

Any independent adviser, discretionary investment manager or stockbroker that is half decent can do this for you or you can DIY.

However, as mentioned above, going into medium/high to high risk investments when you have debts is not normally a good idea. You would effectively be gearing (borrowing to invest) which is high reward potential but also higher risk potential as well. Typically its only the sort of thing a very experienced investor would do (or a complete newbie who doesnt understand risk).

With the greatest of respect, he's not here asking for financial advice. And if he wanted sanctimonious platitudes he could have gone to his mum or his priest.

He wanted to know about a website. Instead he got a lecture.

Reaper

So bendix, let's say somebody is planning to borrow from a loan shark and put all the money on currency spreadbetting. They ask which spreadbetting company has the lowest charges. According to you we shouldn't question their plans, just give them the answer?

musclesza

Reaper wrote: »

So bendix, let's say somebody is planning to borrow from a loan shark and put all the money on currency spreadbetting. They ask which spreadbetting company has the lowest charges. According to you we shouldn't question their plans, just give them the answer?

The man never said he was in debt - it is assumed from his signature, each to their own and yeah if they are not my best mate and asked for advice re lowest charges I would give the required answer....

I am pretty sure the op realises the ramification of his actions.

Lokolo

musclesza wrote: »

The man never said he was in debt - it is assumed from his signature, each to their own and yeah if they are not my best mate and asked for advice re lowest charges I would give the required answer....

I am pretty sure the op realises the ramification of his actions.

Why would you have a signature saying you owe ~£4000 in loans then say you weren't in debt?