I’m looking for shares that pay 5% plus and are safe/gold. Capital gain not essential but welcome ! Possibly 5/6 different shares. Your opinions welcomed. cheers
I’m looking for shares that pay 5% plus and are safe/gold. Capital gain not essential but welcome ! Possibly 5/6 different shares. Your opinions welcomed. cheers
My best ones have been:
NZR
MCY
MEL
GNE
I also had some PGW and they were awesome until I decided to sell out.
So according to this you get 1% extra from a finance company for a huge increase in risk (Fijian hotels/sub prime car lending/dodgy hotel developers). Why would anyone place money in a term deposit there?
I’m looking for shares that pay 5% plus and are safe/gold. Capital gain not essential but welcome ! Possibly 5/6 different shares. Your opinions welcomed. cheers
Might help clarify people's thoughts if you are talking net 5% in your hand or gross yield. That helps people's thoughts in terms of trying to help you.
FYI - 5% net in your hand after full imputation credits at 28% = 5 / 0.72 = 6.94% gross.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
PFI....I understand that PFI has returned 9+ % pa since inception..over 20 years.
I could be wrong but I believe that PFI ..was/has been the best performing property listed company for a significant period of time.
Am I incorrect ???
Just checked....over 9.5 % over twenty years.
Last edited by troyvdh; 22-01-2018 at 05:34 PM.
Reason: correctness
Hard to go past the various power companies if you're looking for safe yield come whatever may on the market.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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