Where would you invest £10,000 in March 2023?

LHW99

A fund that invests in Russia (if they've finished their argument with Ukraine)? Certainly hits the "speculative" spot!

nick1234

I like gold and silver especially as the high chance of recession in 2023 or at least continued inflation.  Physical Gold coins carry no VAT so you can buy from dealers very close to spot and they buy back 98% of spot or you can sell online for more.  For silver coins never buy from dealers due to VAT, i order mine from canada (be careful how parcel is marked) or FB groups

or a gold miners fund/etf i also have exposure to eg van eck

Ramie2021

I’d invest into some high dividend paying stocks for example like L&G, Aviva, Phoenix etc so you can get a decent 7% to 8% yield and catch any hopefully capital growth that comes along also. There may be no capital growth but at least you will get a nice dividend.

RobM99

Ramie2021 said:

I’d invest into some high dividend paying stocks for example like L&G, Aviva, Phoenix etc so you can get a decent 7% to 8% yield and catch any hopefully capital growth that comes along also. There may be no capital growth but at least you will get a nice dividend.

That's guaranteed is it?

Ramie2021

No dividend is guaranteed, in the height of the pandemic some companies did not pay any dividends at all given the impact it had on their accounts. That said shareholders have to be kept happy and companies like the above do this by paying high dividends. Noting that high dividend companies may not necessarily see the growth in share price as lower dividend paying companies. For example search these stocks online or via Hargreaves Lansdowne and look for the dividend yield and that will give you an idea. There is an interim and final dividend for companies so you get paid twice but the bigger dividend is normally the final one. 

Ramie2021

Remember you need to hold the stock before an ex dividend date to be entitled to the dividend also a key consideration as no point buying in after this as you won’t be entitled to the dividend. The share price also normally drops immediately once the dividend is paid just as normal thing with markets. 

ColdIron

Ramie2021 said:

Remember you need to hold the stock before an ex dividend date to be entitled to the dividend also a key consideration as no point buying in after this as you won’t be entitled to the dividend. The share price also normally drops immediately once the dividend is paid just as normal thing with markets. 

So you have essentially bought the dividend, what's the point of that?

ColdIron

Ramie2021 said:

I’d invest into some high dividend paying stocks for example like L&G, Aviva, Phoenix etc so you can get a decent 7% to 8% yield and catch any hopefully capital growth that comes along also. There may be no capital growth but at least you will get a nice dividend.

OP wants to invest for retirement, they don't want an income now, they need long term growth so I think this is a very poor suggestion

Anything that pays 7% to 8% is very unlikely to produce capital growth

Compare and contrast Amazon (who have never paid a dividend) and any of the stocks suggested

MK62

The capital growth comes from reinvesting the dividends......though whether this approach would yield better returns than investing in growth stocks, is impossible to say over the longer term. History would suggest probably not, but there are no certainties either way......in the shorter term, growth stocks, in general, don't look particularly appealing atm, but that could change quite quickly.
Usually, investing in mainstream index funds mixes both approaches, so you get a bit of both thrown in, usually at a lower cost than trying to buy/trade individual stocks yourself........and while I personally wouldn't decide on anything until March 23, if I had to say now what I'd do myself, that'd be my answer today.

Eco_Miser

Ramie2021 said:

Remember you need to hold the stock before an ex dividend date to be entitled to the dividend also a key consideration as no point buying in after this as you won’t be entitled to the dividend. The share price also normally drops immediately once the dividend is paid just as normal thing with markets. 

So surely the time to buy is when the price drops, which is in plenty of time for the next ex-dividend date?