Hi there, i have £20,000 to invest and feel like its approaching a time to buy in the markets. Is it sensible to look to something like BP that as a company is still looking very good and still paying a good dividend.
Or should i look to a FTSE tracker.
Secondly who should i speak to for advice?
Questions And Answers
Time to buy into the FTSE?
asked by Kerr a posted 2 Years ago at 13:49
1-2 of 2 Answers
Gordon Hewitt answered 2 Years ago at 17:54, last modified: 2 Years ago at 16:54Kerr, a lot will depend on you appetite for risk and potential loss!
Single company shares are a higher risk than than a diversified portfolio, (like a tracker), but the risk can be reduced by even further diversification into a well balanced portfolio.
Speak to a fee charging IFA, they should produce a full risk anakysis an dinvestment recommendation report for between 2-3% of this amount and also be able to offer ongoing advice and administration for between 0.5% & 1% depnding on how much advice you need in the future.
EMAR Publishers - Dividend Income Investor.com answered 2 Years ago at 17:55, last modified: 2 Years ago at 16:57Hi Ed
Several companies may appear to be 'undervalued' currently. However, the question you should ask yourself is undervalued to what? None of the FTSE100 companies have reached March 2009 levels yet for instance when several companies were truly trading at historically undervalued levels, at least based on their dividend yields and several other criteria.
Remember timing is everything when building a share portfolio of dividend paying shares.
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