Today it was the turn of iShares to provide the, hopefully soon to be daily, dividend income. The two dividends received today were from iShares FTSE UK Dividend Plus (IUKD) and iShares FTSE 100 (ISF) which paid 9.09p and 3.96p per share respectively.
The FTSE 100 plunged 239.37 points today, to 5092.23 and the FTSE250 finished at 9,844.25, down 525.17 points as uncertainty returned to European and US markets.
Meanwhile the spot price of gold hit $1,816.09 an ounce, another record.
The Amateur Investor once again took advantage of plunging share prices to reduce the average buying price of half a dozen holdings. The trades made today were (the buying price is total price per share including stamp duty):
Today started off with more purchases of companies I’ve already taken positions in this week, but with the market continuing to fall I’ve taken advantage of picking up “cheaper” shares.
Is this a good idea? I’m reminded of the phrase “catching a falling knife”. Continue reading “More share purchases, and cashing in an ISA”