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£10,000 a year from 10 shares?

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    bowlhead99 wrote: »
    Does the article suggest that these are the best investment choices that one can possibly find, or that a suitably educated and experienced investor could not do better?

    I doubt the purpose of the article was to try to give the absolute best possible investment choices, so whether a portfolio of those specific 10 shares in those proportions is suitable for every income seeker should not be an issue. It was a rough and ready piece to conceptualise the idea of how shares could deliver an income. As I mentioned, they also did another one containing 10 investment trusts. Was that one flawed because it didn't talk about investing into individual shares and p2p lending?

    For the people, who we all know exist, who think that cash under the mattress is the way to plan retirement, and that 'playing the stock market' is just some gambling thing that lets you 'win' when share prices go up, it was perhaps an eye opener, to see that simply holding a set of shares in companies that we have all heard of can deliver an annual income well in excess of current inflation and what is achievable from savings accounts, albeit with risk of course.

    Perhaps they were trying to knock out a 1-page article rather than a 200 page how-to book. Frankly I can't believe people are still banging on about it.

    Exactly right, hence why I thought it might be 'useful' to some people. The piece is even prefaced with 'This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser'.
  • jimjames wrote: »
    Not sure if you're being funny or just don't understand statistics.

    Neither. You've already got a reply from the person below your comment explaining why.

    As for the article I wouldn't follow it with £182 let alone £182000
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