Another flurry of share sales

Following hot on the heels of the sale of Greene King, another 10 share sales.

Sell Marston’s @ 105.8 – 10.67% profit
Sell Old Mutual @ 1152.5 – 10.91% profit
Sell Jardine Lloyd Thompson Group @ 709.5 – 0.07% profit
Sell BAT @ 3,355 – 18.13% profit
Sell Pendragon @ 14.33 – 63.34% profit
Sell HSBC @ 568.67 – 5.35% profit
Sell Close Brothers @ 776 – 6.3% profit
Sell AstraZeneca @ 2,919 – 6.92% profit
Sell SSE @ 1,426 – 9.46% profit
Sell Murray International @ 992 – 13.5% profit

Considering all of these shares have been held for less that a year, and some dividend payments have been received too, the capital gains aren’t bad at all!

The week gets off to a flying start with a flurry of share purchases

A busy morning, with 13 share purchases so far.

Investors Chronicle magazine publishes a list of shares going ex-dividend in the “Week Ahead” section each Friday.

In order to further my quest to receive income of one form or another on every business day of the year, I like to scan down the list to see if there are any dividends I would like to be eligible for by buying in before the ex-dividend date (which is usually the Wednesday after the magazine comes out).

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So what shares were you buying today Amateur Investor?

Well, I’m glad you asked.

I started the day buy tucking away a few Merchants Trust (MRCH) into my High Yield Portfolio (HYP). Over the last 3 years Merchants have paid out dividends representing a yield of 7.9% (2009), 6.8% (2010) and 5.6% (2011) so they seemed like a perfect addition to the HYP. They appear to pay out dividends quarterly. I managed to buy at 373.6p per share (including Stamp Duty).

Most of the other share purchases made today were to reduce the average buying price of already held shares.

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Sometimes cash on deposit is the only option

I’ve got a bit of a reputation as an amateur money expert amongst those close to me. This often means I’m asked advice on money matters (I hasten to add that I always make it clear that I don’t mind pointing them in the right direction, but the final decision has to be theirs).

So when a relative asked where they should put a few hundred Pounds a month, I got out the Best Buy tables and got stuck in.

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