Monday, 18 May 2009

BATS + NG

Per my earlier post, I've made a modest investment in BATS and NG. Money transfer delays mean GSK will have to wait until later in the week. I plan to make a similar investment in GSK, and then in a few months double my holding of each (depending on prices).

British American Tobacco and National Grid now each form ~3% of my share portfolio.

A back of the envelope calculation suggests the yield on my portfolio is about 4.5% (taking appropriate account of dividend cuts and cancellations). Not bad, considering my mortgage is 1.24%.

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