Your best Boomer stocks?

Flatulentoldgoat

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?

eskbanker

If your investment research methodology entails questions like that, you really would be just as well off using a pin and a blindfold....

Voyager2002

Flatulentoldgoat said:

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

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.

Prism

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

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

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

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.

ratechaser

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

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

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.