After almost six years BAE Systems, one of the first companies to join the UKVI model portfolio, has been sold. In terms of raw numbers, the results look like this: Purchase price: 308p on 21st June 2011 Sale price: 643.5p on 8th May … [Read more...] about Sold: BAE Systems returns 141.5% over six years
In this post I’m going to do a valuation and projection for the S&P 500 using Robert Shiller’s CAPE ratio. I think this is worth doing on a regular basis because it gives you a good idea of where a particular market is in its valuation cycle … [Read more...] about S&P 500 valuation and projection: 2017 Q2
Consistent dividend growth is something that many dividend investors look for, and dividend champions are companies that have achieved it for 25 years or more. However, it's an extremely difficult feat to achieve and as a result there are very few … [Read more...] about 5 Dividend champions with high returns on capital
Last month I outlined six questions designed to help investors avoid potential yield traps. This month I’ll cover four more. These four questions, plus the six from last month, look for a variety of warning signs including: bad management … [Read more...] about Some more questions to help you avoid yield traps
Another quarter has flown by and so it’s time again for a review of the defensive value portfolio’s progress against its primary goals. As well as just talking about performance, I’ll try to highlight areas of my approach to investing which you … [Read more...] about Defensive value portfolio review: 2017 Q1
If you’re a relatively defensive investor like me, you probably like to have a decent number of defensive shares in your portfolio. But what number should that be? Or more correctly, what proportion of your portfolio should be invested in … [Read more...] about How many defensive shares should you hold?
As a dividend-focused investor I’m always on the lookout for high yield shares, whether that yield is high relative to the market average or high relative to the company’s peers. However, as most yield-seeking investors soon discover, high yield … [Read more...] about 6 Questions to help you avoid yield traps
Over the last few years Standard Chartered has not turned out to be a good investment, with shareholders being hit by both a rights issue and a suspended dividend. The root cause was the bank’s balance sheet, which was not able to withstand … [Read more...] about Standard Chartered and the importance of a strong bank balance sheet
Halfords has a dividend yield of 5% at its current share price of 342p. That’s an attractive yield for a somewhat defensive retailer, but in recent years its go-faster stripes (or at least its previously high growth rates) have fallen off. So … [Read more...] about Halfords PLC has a 5% dividend yield but its go-faster stripes have fallen off
As dividend-paying stocks go, Mark's & Spencer is not exactly a "hidden champion". On the contrary, it's a company that just about everyone in the UK (investor or not) is aware of. Because of its long history as the centrepiece of many UK high … [Read more...] about Marks & Spencer’s dividend yield: Is it big enough to offset the risks?