Legal & General or Aviva Shares

Thrugelmir

I hold all 3 of them. 

Sally57

Thrugelmir said:

I hold all 3 of them. 

In equal amounts or do you favour one more than the others?

coachman12

Sally57 said:

coachman12 said:

I have to go for Aviva as I hold a sizeable number of shares and have no intention of reducing them.
They have always served me well and lack of dividends is not a problem for me. All portfolios should include at least one company in the insurance sector and my top rated one is definitely Aviva.

Any particular reason why you prefer to hold a sizeable number of shares in Aviva in preference to L&G or Phoenix?

There's no huge technical reason, Sally. L&G mirror Aviva in many ways, especially in share price trends over the past 5 years. It's just a fact that I have only room for two Insurance companies in my portfolio ( where diversification is ALWAYS my magic word) and I bought Aviva in 2016 when they were at a low point ( as they are again now BTW----and so are L&G), they have never lit up the world in share price terms but they will do better over the next 5 years IMHO. Plus my 200 shares in Aviva are trading recently around 300, whereas L&G are trading at around the 200 (or just over), so I should not look at L&G for obvious reasons. But don't get me wrong-----I'm not saying Aviva are a better buy NOW whilst both Aviva and L&G are undervalued and both represent a really good investment at the moment before they rise again, quite a lot I think, over the next few years. In fact L&G may be better for you as you're just breaking into the insurance market, because you'll be able to buy more of their shares if you wish.
Just to complete the picture, my other insurance shares are in an Indian company called HDFC Life, whose shares have risen significantly recently since UK's Standard Life sold its holdings in the company----but there are hurdles to buying Indian shares unless you live in Mumbai. 
I hope that helps, I think you are choosing a good market sector to invest in at this particular time before they start rising and I wish you loads of success, Sally.

Thrugelmir

Sally57 said:

Thrugelmir said:

I hold all 3 of them. 

In equal amounts or do you favour one more than the others?

Unequal amounts. Bought at different times though. Probably won't add to any of them at the current time. 

wmb194

 Neil Collins, a former Telegraph business section editor and FT columnist, always has something scathing to say about Aviva. Essentially, L&G has performed far, far better over the years than Aviva and from being the relative minnow has become larger by market cap. As the others have said, it's never all or nothing though and things could change but Aviva has been a consistent disappointment.
https://neilcollinsxxx.wordpress.com/2019/11/22/spare-us-this-green-hand-wringing/

coachman12

wmb194 said:

 Neil Collins, a former Telegraph business section editor and FT columnist, always has something scathing to say about Aviva. Essentially, L&G has performed far, far better over the years than Aviva and from being the relative minnow has become larger by market cap. As the others have said, it's never all or nothing though and things could change but Aviva has been a consistent disappointment.
https://neilcollinsxxx.wordpress.com/2019/11/22/spare-us-this-green-hand-wringing/

Thank you for your post which I know was a kind and informative message intended to show your  deep interest and concern. I will try to bravely hang on, as my share prices have served me well in the past and will IMHO do so again. But, hey, thx again.

83705628

Neither, if I absolutely had to buy my own insurance rather than use an index fund I'd pick Berkshire Hathaway, Direct Line, Moneysupermarket.com

coachman12

tcallaghan93 said:

Neither, if I absolutely had to buy my own insurance rather than use an index fund I'd pick Berkshire Hathaway, Direct Line, Moneysupermarket.com

Definitely not for me but good luck to you with those.

83705628

coachman12 said:

tcallaghan93 said:

Neither, if I absolutely had to buy my own insurance rather than use an index fund I'd pick Berkshire Hathaway, Direct Line, Moneysupermarket.com

Definitely not for me but good luck to you with those.

/
I own Berkshire and Tesla but the rest of my invested money is index funds.

wmb194

coachman12 said:

wmb194 said:

 Neil Collins, a former Telegraph business section editor and FT columnist, always has something scathing to say about Aviva. Essentially, L&G has performed far, far better over the years than Aviva and from being the relative minnow has become larger by market cap. As the others have said, it's never all or nothing though and things could change but Aviva has been a consistent disappointment.
https://neilcollinsxxx.wordpress.com/2019/11/22/spare-us-this-green-hand-wringing/

Thank you for your post which I know was a kind and informative message intended to show your  deep interest and concern. I will try to bravely hang on, as my share prices have served me well in the past and will IMHO do so again. But, hey, thx again.

Huh? It wasn't meant for you or a stab at anyone, just part of the general discussion. There has been a long disquiet with Norwich Union c  u m Aviva's performance which, as a seasoned investor, you must be aware of. Anyway, you say* your holding is only 200 shares, c.£600, so it's hardly a big deal for you. If it helps, my direct holdings in Aviva far, far exceed yours.
*"Plus my 200 shares in Aviva are trading recently around 300 [pence]"