hbos shares

joebob

I have 125 hbos shares, I get a dividend yearly.is this the best place for my money or would it be better elsewhere? I could leave it for any amount of time, but dont want anything too risky.

ReportInvestor

It could be said that any one single share is very risky & should not be your only investment.

But you have a stock market investment with no initial charges (you own the shares) and no annual charges to any manager or IFA. The only charges you will pay on this investment will be when you sell (which could be as little as 1-2% of the investment).

And the 3.5% dividend is a useful fall back and you might reasonably hope for this to grow over the years .

So:-

Sell if you need the money.
Sell if you simply can't afford to lose, say, 25% of the investment in the event of a stock market or HBOS set back or would panic and sell should there be a 25% fall.
Sell if you think interest rates and bad debts are going to soar and the housing market is heading for a fall.

Otherwise it's probably a hold.

And you can add to your holdings in other areas in due course to provide some balance to your portfolio.

joebob

cheers I also have £500 to invest I was thinking of buying some intercontinental shares as they seem to have been doing quite well this year any thoughts?

ReportInvestor

I don't think we're encouraged to discuss new share purchases, as opposed to shares that people already own, on MSE.

In any case, Intercontinental are not a company I know enough about.

Maybe The Motley Fool - https://www.fool.co.uk - would be the right place to pursue this & look out for other future share purchases?