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Your best Boomer stocks?

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Flatulentoldgoat
Flatulentoldgoat Posts: 304 Forumite
100 Posts First Anniversary Name Dropper
edited 18 May 2021 at 11:36AM in Savings & investments
Mostly invested in funds/eft's so far but looking to diversify. Since I'm going for the long term, what are your best Boomer stocks? The ones mostly enjoyed by the 60+ cohort that they're using to top up their pensions?

Tesco?
Rolls Royce
Roual Mail?
«1

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  • Voyager2002
    Voyager2002 Posts: 16,218 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Mostly invested in funds/eft's so far but looking to diversify. Since I'm going for the long term, what are your best Boomer stocks? The ones mostly enjoyed by the 60+ cohort that they're using to top up their pensions?

    Tesco?
    Rolls Royce
    Roual Mail?
    I take it you are asking about stocks with decent dividends that retired people use to top up their incomes. The answer, of course, is very different from the 'growth' stocks that people still earning would use to build a pension pot. From press reports I understand that big oil companies have been popular with this particular community of investors, although not at present.

    Personally if I wanted income and were in this position where I really could not afford risk (whether or not these investors realise this) I would look for investment trusts with significant dividends rather than individual companies, and would pay particular attention to renewable energy (because of the government protection that such operators receive, reducing risk) and perhaps infrastructure.

  • bostonerimus
    bostonerimus Posts: 5,617 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    edited 18 May 2021 at 6:17PM
    If you've chosen your funds sensibly you should already be diversified. If you want dividends in retirement then look at a dividend fund. I'm a boomer and don't own any individual stocks, but do own an income oriented fund that contains dividend stocks and corporate bonds.
    “So we beat on, boats against the current, borne back ceaselessly into the past.”
  • Prism
    Prism Posts: 3,847 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    Why do you think that people  who are retired use a different strategy to those who are accumulating? Just stay invested in what you already have.
  • eskbanker
    eskbanker Posts: 36,943 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Prism said:
    Why do you think that people  who are retired use a different strategy to those who are accumulating? Just stay invested in what you already have.
    To be fair, it is perfectly valid (but far from obligatory) to use different strategies in accumulation and decumulation phases, if that's what OP was actually meaning....
  • lozzy1965
    lozzy1965 Posts: 549 Forumite
    Tenth Anniversary 500 Posts Name Dropper Photogenic
    edited 18 May 2021 at 2:57PM
    Sorry to jump on the 'are you sure you are asking the right question' band wagon, but:  Are you sure you are asking the right question?
    I read "Boomer" as stocks that have risen the most.  In which case they will most likely have already risen, with no guarantee they will carry on rising, and no one has any sure fire way to identify the next 'boomers'. 

    EDIT:  Ha ha, Baby Boomers!  Ah I see, from reading the messages below!
  • dunstonh
    dunstonh Posts: 119,599 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    what are your best Boomer stocks? The ones mostly enjoyed by the 60+ cohort that they're using to top up their pensions?

    The vast majority of the public do not hold individual shares but use funds.   Any shares tend to be a dabble rather than their serious planning.

    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • ratechaser
    ratechaser Posts: 1,674 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    dunstonh said:
    what are your best Boomer stocks? The ones mostly enjoyed by the 60+ cohort that they're using to top up their pensions?

    The vast majority of the public do not hold individual shares but use funds.   Any shares tend to be a dabble rather than their serious planning.

    Although a few of us boomers and GenXers probably have a good smattering of the Thatcher era privatisation and carpetbagging shares (well, those that still exist anyway...)

    That was definitely a time of single stocks for the masses...


  • lozzy1965
    lozzy1965 Posts: 549 Forumite
    Tenth Anniversary 500 Posts Name Dropper Photogenic
    If anyone answers your question you're just gonna get a load of tickers :)  If you want high yield here's my best in no particular order (pandemic dividend cuts ignored):
    VOD,CLIG,EMG,CNA,LLOY,VTY,TW.,BP.,DLG,PAY,BNC,GFRD,GSK,HSBC,SSE,RDSB,BKG,LGEN,NG.
    Of course, for the overall investment performance it all depends on at what price you buy and when!
  • Prism
    Prism Posts: 3,847 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    eskbanker said:
    Prism said:
    Why do you think that people  who are retired use a different strategy to those who are accumulating? Just stay invested in what you already have.
    To be fair, it is perfectly valid (but far from obligatory) to use different strategies in accumulation and decumulation phases, if that's what OP was actually meaning....
    Sure, people might change their investment approach at various times during their life as they move from maybe more risky allocations, into safer ones and then maybe back again. I'm just not sure people do it on a set basis of 'now retired' or being of a certain age.
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