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Shares for life.

kauto
kauto Posts: 24 Forumite
in Savings & investments
Hey all,
If I could give you £10,000 today and you were only allowed to invest it all in one company or one fund and hold it for life, then what company/fund would it be?
Mine would be Unilever.
Not trying to start a debate about the merit's of your selection, I'm just interested to see what everyone picks :D.
:money:
"Be Fearful when's others are Greedy and Greedy only when others are Fearful"
«1

Comments

  • fun4everyone
    fun4everyone Posts: 2,371 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    A whole world tracker.
  • serko
    serko Posts: 49 Forumite
    Seeing Machines, it's higher risk, but potentially higher rewards.
  • elephantrosie
    elephantrosie Posts: 467 Forumite
    psychic. i was just thinking of unilever yesterday.
    Another night of thankfulness.
  • Bravepants
    Bravepants Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    If it was free cash then Vanguard Life Strategy 100.
    If you want to be rich, live like you're poor; if you want to be poor, live like you're rich.
  • EdGasketTheSecond
    EdGasketTheSecond Posts: 2,558 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    kauto wrote: »
    Hey all,
    If I could give you £10,000 today and you were only allowed to invest it all in one company or one fund and hold it for life, then what company/fund would it be?
    Mine would be Unilever.
    Not trying to start a debate about the merit's of your selection, I'm just interested to see what everyone picks :D.
    :money:
    Holding for life would be no good as far as capital gain goes because you'd never be able to sell it so logically it would have to be one with a high dividend income. Probably a diversified high-income ETF then.
    Probably not the answer you were looking for so maybe you would like to rephrase the question?
  • Bravepants
    Bravepants Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    EdGasketTheSecond wrote: »
    Holding for life would be no good as far as capital gain goes because you'd never be able to sell it so logically it would have to be one with a high dividend income. Probably a diversified high-income ETF then.
    Probably not the answer you were looking for so maybe you would like to rephrase the question?


    Ah! Pedantry based on someone's use of colloquialism is always useful. I would consider my life to have ended the minute I move into a nursing home and have to have my !!!! wiped by an 18 stone male nurse.


    I propose that MSE adopt that epoch as a standard point of reference. Is there a MSE Glossary in the FAQ?
    If you want to be rich, live like you're poor; if you want to be poor, live like you're rich.
  • serko
    serko Posts: 49 Forumite
    I disagree that you can't choose a growth share. Eventually they'll stop being a growth share and start becoming a dividend payer. Potentially at significantly higher rates than a current slow paying high yield share.
  • elephantrosie
    elephantrosie Posts: 467 Forumite
    EdGasketTheSecond wrote: »
    Holding for life would be no good as far as capital gain goes because you'd never be able to sell it so logically it would have to be one with a high dividend income. Probably a diversified high-income ETF then.
    Probably not the answer you were looking for so maybe you would like to rephrase the question?

    what does 'diversified high-income ETF' mean? is that ETF with the highest risk profile?
    Another night of thankfulness.
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    elephantrosie wrote: »
    what does 'diversified high-income ETF' mean?

    Presumably it means what it says in the tin, an ETF with a broadly diversified set of holdings which pays a high level of income from those holdings
    is that ETF with the highest risk profile?
    Not necessarily. But the income has to come from somewhere. So if there's only a low risk that it will fail to produce high income then perhaps it will not have much in the way of growth prospects.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Coca Cola

    Money for nothing........
This discussion has been closed.
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