Re: Saga Shares
I wouldn't buy Saga shares for similar reasons to stevmk2, but careful selection of shares or a stocks and shares ISA is worth a thought for income in these days of disgracefully low returns on savings. Not for the faint-hearted I guess, but my short-lived foray into the market when I was earning did give good returns over a period of years. It's knowing when to sell, and what to do with the proceeds that's the hard part. I just look for income in these days of retirement. Any capital gain is just icing on the cake but small losses are not a great problem if the dividends stay reasonable - say around 3% and tax free with an ISA.Re: Saga Shares
That's OK - I always respect principles, but as an old retired guy and certainly not a Toff (you should see where I live!) I just have to find the best return for my hard-earned savings, and I'm sure I'm not alone there. As a nation we've turned into a 'Spend Spend Spend' society, much of it backed by cheap credit and printed money. This can only lead to another financial crash, and even more inflation. It's our savings that will be stolen to fix this, just as is happening now, so finding an inflation - beating haven for any cash you may have is vital if you don't want to see that cash shrinking each year. A hard choice, but a fact of life in today's shyster driven economy.Re: Saga Shares
Yes Patsy and thanks for your replies. I only wish life was simpler and you could live on any bits of savings without prices going through the roof. It's a great shame that we as a country have come to this, and I'm glad I'm not a youngster today - they're the ones that are going to pick up the final bill, and are unlikely to have as comfortable or as long a retirement as my generation. My 'problems' pale into insignificance compared to what's around the corner if things continue as they are.Re: Saga Shares
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