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Long Term Investments


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2 hours ago, StackerCollector said:

Gold, silver, dividend stocks and reinvesting the dividends. Recently calculated what I will get from my German and UK pension. Let's call it a rude awakening :) Don't want to be dependent on government pension or support when I retire, so I started a while ago to put money aside for high-yield dividend stocks. Even though they might not pay any dividend in the next 1-2 years I am looking to get blue chips like BP, Royal Dutch, CocaCola, Gazprom, German insurance companies, IBM, Cisco and a dozen more as soon as the price for these stocks dips badly. 2009 levels would be nice. Including mining stocks, not for the dividends but the potential return. Ever since I bought a few shares of Gazprom and Mobilnye Telesystemi and received around 8% dividends for the former and +10% for the latter I am hooked.

Depends on your investment time frame of course. For me it's 25 years of continually adding to the portfolio and never taking any money out.

No I am in the same boat as you I don't want to depend on anyone for my retirement other than myself the pension pot will be empty by the time I retire. 

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5 hours ago, TheMagpie said:

No I am in the same boat as you I don't want to depend on anyone for my retirement other than myself the pension pot will be empty by the time I retire. 

Remember the miners, jobs for life till maggie took them all...i got 4 pensions running combined with our lass...and i still made damn well sure i own the house outright, the cars outrights and have my percentage of solid investments...aka pms.

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