@ChrisMayLA6 Interesting exercise. Sainsburys does not convince me with its dividend history. Asda is private, although if public, could be a very interesting turn around case!
Tesco seems to be the best of the three you recommended in terms of a "boring" stock, reliable dividend payer. I think tesco would be a good, conservative buy with a 10 year horizon.
When it comes to octopus, I really like a challenge! But it is private! =( So centrica is the only one in that category,
Comments
Displaying 0 of 1 comments
h4890
In response to this post@ChrisMayLA6 and I'd go for tesco over centrica.
Another dark cloud on the horizon is the new socialist government and the stubborn BoE and their interest rates.
So the result of the exercise is that tesco is on my radar, but I'll pause for the moment to see where politics will take the country.
On the other hand, it could be good, since bad politics creates buying opportunities, so if Starmer makes things worse, tesco shares might fall (although as a conservative onvestment I'm not sure)
@h4890
Sorry about the uneven 'advice' - my future as a financial advisor looks less assured ;)
by Emeritus Prof Christopher May ;
@ChrisMayLA6 and if they can be snapped up at around a 4% dividend, I think they can be quite a good investment!
by h4890 ;
Mentions: @ChrisMayLA6@zirk.us
Likes: 0
Replies: 2
Boosts: 0