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1. Pick a list of 10 stocks that you are interested in making an investment in
2. Initially you will invest in just 5 of these stocks in the first year, watching the other 5 on the list
3. The investment will be £2,000 per stock with a maximum of £4,000 over the 10 year period
4. For the next 9 years a minimum of £3,000 will be invested pa
5. If possible the dividend income will be re-invested; if not used for every day living
If dividends re-invested it should be possible to purchase a further 2 holdings during the second and third year; bringing the total to 9 holdings. After that the 10th holding can be purchased or alternatively start making the second purchase of any previously purchased companies stock. (This is why you should make a list of 10 to 12 companies initially to watch from the outset)
You can do this by going here My Portfolios - https://uk.finance.yahoo.com/portfolio/p_2/view/v1
'Add Symbol' of the companies that you are interested in - 10 to 12.
Yahoo will give you plenty of information on the companies that you are interested in investing in.
More information can be found on these websites
http://www.hl.co.uk/
Live stream from Bloomberg will keep you up to date with world-wide stockmarkets
We would suggest that if you are ten to twenty years away from retirement that you look for high yielding shares between 6% and 7% in the market that you are interested in investing in. A portfolio of £40,000 yielding 6% would give you an additional income of £2,400 pa - £80,000 an additional income of £4,800 (under the current £5,000 allowed free of tax in the UK). This should allow a pensioner with the minimum state pension a better standard of living in retirement.
UK Top 20 FTSE 100 Dividend Paying Stocks | Morningstar
USA 15 'high-quality' dividend stocks with yields of up to 13% - MarketWatch
With say £15,000 initial investment and £60,000 over the 10 year period a portfolio of 15/17 different company shares could be built up over the 10 year period using the same principle
Selling shares online video
Five tips for managing your stocks and shares ISA | Shares Made Simple: The Telegraph
Live stream from Bloomberg will keep you up to date with world-wide stockmarkets
We would suggest that if you are ten to twenty years away from retirement that you look for high yielding shares between 6% and 7% in the market that you are interested in investing in. A portfolio of £40,000 yielding 6% would give you an additional income of £2,400 pa - £80,000 an additional income of £4,800 (under the current £5,000 allowed free of tax in the UK). This should allow a pensioner with the minimum state pension a better standard of living in retirement.
UK Top 20 FTSE 100 Dividend Paying Stocks | Morningstar
USA 15 'high-quality' dividend stocks with yields of up to 13% - MarketWatch
With say £15,000 initial investment and £60,000 over the 10 year period a portfolio of 15/17 different company shares could be built up over the 10 year period using the same principle
Your investments are your responsibility
We do not accept any liability for any loss or damage which is incurred from you acting or not acting as a result of reading any of our publications. You acknowledge that you use the information we provide at your own risk.Selling shares online video
Five tips for managing your stocks and shares ISA | Shares Made Simple: The Telegraph
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