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Dividends
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BTW I have about £4k to invest and I am thinking of buying the day after Greece defaults.
Sorry, but I don't think £4k is enough to do this properly. Anything less than £1k per company and the dealing costs will be pretty high, and anything less than around 15 holdings is too risky as you won't have enough diversification.
Why not look at an income oriented fund or Investment Trust? Or even a fund/trust that concentrates on smaller companies or EM as these always drop further when everything else drops?
Of course, a greek default isn't guaranteed to cause a big sell off in the markets, not now. The real panic times were August to October, and that's when I was building my portfolio of income shares. I'm up 12% on paper and have already had a couple of grand in dividends. Fingers crossed!I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0
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