SSE Shares - Independent Scotland

counting_down_the_days...

Firstly, I promise not to hold anyone to any information you provide

I have saved regularly in a share scheme and have quite a few SSE shares. I like getting my dividend payment twice a year, and I suspect, this will not change if there is an independent Scotland. However, I am concerned it could effect the share price. I am looking to sell my shares in 4/5 years time. Should I jump ship now when they're at a good price, or keep a hold of them, enjoy the dividends and hope for the best in a few years?

I know only I can make the decision, but I have been thinking about it for a few months now and can't make up my mind. I just don't have the knowledge, I know no one does, or they'd be millionaires, but what is the feeling from the pro's?

Thanks in advance :beer:

innovate

Ask Alex Salmond?

grey_gym_sock

i hold SSE shares, and i can't say it worries me. they would need to operate under the regulatory systems of 2 different States, but i don't see why they couldn't cope with that.

there has been some effect on SSE's business. they've said (while trying to keep out of the pro- or anti-debate) that the uncertainties over possible independence have made it harder to make investment decisions. but that will improve when it is resolved 1 way or the other.

in the last year, i think SSE's share price has been affected much more by ed milliband's plans to cap energy prices than by anything to do with scottish independence (though it's since recovered). SSE's decision to freeze its prices, until a date which happens to be after the general election, was IMHO a good way to avoid conflict.

from your post, i wonder if you have a lot in SSE and not much in other shares (i mean: either directly, or via collective investments). even with an apparently solid company, it is better not to go overboard in 1 share, but to diversify.

CLAPTON

holding a lot of single shares (unless your are rich) is a bad idea

think rock solid shares like RBS, HBOS, Tescos, British Energy, BP, ASOS

Old_Slaphead

CLAPTON wrote: »

holding a lot of single shares (unless your are rich) is a bad idea

think rock solid shares like RBS, HBOS, Tescos, British Energy, BP, ASOS

Not sure that anyone would have considered ASOS as 'rock solid'