High Yielding Investments

jubblyjimbo

Hi,

Is there an internet resource that can tell me what the highest yielding shares are at the moment? Or any other high yielding investments?

Im really looking for an investment like a share, where I can benefit from the monthly income without reducing the value of the underlying capital.

Thanks

dunstonh

Im really looking for an investment like a share, where I can benefit from the monthly income without reducing the value of the underlying capital.

In other words, you are not looking for shares. It seems like you are after a savings account or perhaps a new issued gilt.

There are tens of thousands of options available to you if you dont mind some risk. Tax position, risk, type of investment etc will all have an impact on what is best for you.

jubblyjimbo

Sorry, I poorly phrased that first post. What I dont want is a savings account, because if I use the interest as income the value of my lump sum will become eroded over time (through inflation).

I'm more interesed in shares because (ignoring market ups and downs) I can take the dividend as income without eroding the value of my investment.

I do appreciate that market ups and downs, or the company going bankrupt could damage my capital, but what I dont want is to invest a lump sum, take the income and then in 15 years time find that ive eroded the value of my inital investment through income consumption.

cheerfulcat

jubblyjimbo wrote: »

Hi,

Is there an internet resource that can tell me what the highest yielding shares are at the moment? Or any other high yielding investments?

Im really looking for an investment like a share, where I can benefit from the monthly income without reducing the value of the underlying capital.

Thanks

A share won't give you a monthly income. A portfolio of shares might, though it's not going to be a regular income of equal proportions. Don't forget that equities still carry the risk of loss of capital.

You could have a look at the High Yield Portfolio on the Motley Fool. There's a discussion board as well. The Investing for Income board has a few ideas, too.

A useful source for information on high yield shares is here; not free, but cheap.

Primrose

Are you looking to buy lumps of shares in individual companies themselves, or a pooled fund such as a unit trust where the fund manager buys lots of shares and spreads the risk over many companies rather than just the few you might possibly be able to buy yourself. It seems to me that Equity Income Unit Trusts invested within an ISA package might be what you are looking for because you can either let the dividends roll up or take income from them on a regular basis. Hargreaves Lansdown (h-l.co.uk) have lots of information about funds on their website, and you can research information about each fund there.

dunstonh

Depending on your tax position, funds in ISAs, Unit trusts/oeics/sicavs and investment bonds could be the best option. It is possible to build a portfolio with a yield of around 5% with a decent spread of funds and you can use different sectors to suit your risk. The tax wrappers you would use would depend on your tax position.