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How can I draw 10k per year from 250k portfolio
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frugal90
Posts: 360 Forumite
I am looking to try and draw 10k from a 250k portfolio.
I would like to.try and use investments trusts to so this, is it possible and what combination of trusts would you suggest ?
I would like to.try and use investments trusts to so this, is it possible and what combination of trusts would you suggest ?
Early retired in summer 2018 and loving it
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Comments
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Is this a pension? If so you would have to be over 55.0
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It is an ISA portfolio.Early retired in summer 2018 and loving it0
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How do I move this to the main pensions board, is it possible?Early retired in summer 2018 and loving it0
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How do I move this to the main pensions board, is it possible?
A board administrator can do it for you if they notice - but if it's a S&S ISA and not a pension, then you really need to be over on the 'Savings and Investments' board rather than the pensions one
It's also unclear if you are looking just to take £10k out from the capital or are looking for suggestions on how to try to make £10k a year on the £250k whilst keeping the capital intact....0 -
[FONT=Verdana, sans-serif]Just one of many ways – not saying its the best.
[/FONT] [FONT=Verdana, sans-serif]Choose 25 individual shares with a yield of 4%-5% and invest £10,000 in each.
[/FONT] [FONT=Verdana, sans-serif]https://www.dividenddata.co.uk/dividendyield.py?market=ftse100[/FONT]0
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