Home › Forums › The Dividend Letter Forum › Closing DL
Mr Farley
I am a bit puzzled by your first sentence in which you ‘namechecked’ me.
I agree completely with the rest of your post, and thought I had said so, albeit not in as many words.
Were you not looking forward to this months (final) selection and the review of 2018, not to mention the completion of the final portfolio? No? Well I was.
Dear Stephen,
I share the views of the other contributors and I am most sorry to hear the news that TDL is to end. I have found your straightforward and consistent advice most helpful and now have a significant proportion of my pension savings in my HYP. I will continue to do so but will miss the regular updates and reviews.
I would certainly be interested in subscribing to any online blog which you set up direct.
I will now be cancelling my other subscriptions with Southbank, if there is no longevity to their newsletters then their business model is flawed; no sooner have you taken their advice and invested in a portfolio then it is discontinued.
Your clarity of thought is a rarity and will be sorely missed.
Best wishes to you in future endeavours ( which will hopefully involve your own blog?)
Paul Reay
Along with other posters on this forum I am disappointed and saddened by the end of The Dividend Letter. I like the premise behind HYP investing and I welcomed the relative simplicity that you brought to amateur investors. It is a real shame that your product was not more widely consumed, as it were, and I wonder if some others on this forum are not right when they suggest that you could continue to disseminate the HYP in another form.
Whatever you decide to do, thank you for your advice and I wish you the best of luck for the future.
Chris
Hi Stephen, this is sad as I enjoyed this DL and genuinely used it. Maybe it’s money at the end of the day re publishers etc. Cheers John + Chantelle
Stephen,
Thank you for your input over the years, I would like to continue with HYP and will follow you on the lemon fool, I would also be willing to sign up and pay for a monthly email sharing your wisdom if this is of interest please email me at [email protected]
Like others this is very disappointing but maybe you can start a new range of HYP products which I would certainly encourage others to join in with.
Best regards
Chris
Thank you, Stephen. I much appreciated your wisdom and down to earth approach.
The other newsletters on Southbank Research are going to be complete rubbish to those loyal HYP followers. The only other decent letter they’ve had was the Lifetime Wealth letter, but that got swallowed up by another newsletter and then was promptly ignored.
For those looking for new HYP candidates, may I recommend itpaysdividends.co.uk. They send you an excel spreadsheet of all the FTSE350 companies and their current dividend yields, etc. You can then sort by size and sector to find the current top yielders in each sector. It doesn’t tell you everything you need to know (like importantly how indebted some companies are, or if the dividend has just been cut) but it does provide a shortlist of possible candidates to research. I notice that SB was not adverse to suggesting companies with quite low dividend cover or a high PE, so these fields are less useful if you are trying to replicate his thinking.
Warning, to subscribe to itpaysdividends after the free trial period costs £7.50 every 3 months. I’m not affiliated with them in any way, but I am a subscriber myself
Hi SB,
Have been following you through this letter and for goodness how long on the Motley Fool before that. Always enjoyed your writing and common sense approach. Too many sites and their writers trying to mystify investing and scare you into thinking that you could not possibly do it yourself. Here’s hoping that you carry on the good work.
Best Wishes
MS
Hi Stephen
I returned to TDL only a month ago after an absence of a few years. Before that when I had different investment needs I used your DL service over a number of years. Due to retire now and needing to generate an income, I was delighted to return to take on board your portfolio recommendations.
Such a shame that your numbers dwindled and I like others are very sorry to learn you will not be continuing.
This happened to The Traders Bulletin run by Bill McNamara and he set up on his own, successfully.
Could you not do the same, just emailing everything rather than needing paper issues?
I for one would certainly subscribe and be a long term subscriber.
All the best Stephen and Kind regards
Peter Waller
Dear Stephen,
I would like to add my voice to the others here.
I have followed you since before TDL at TMF and you have, I believe, made a huge material difference to my life and standard of living. In that time I have enjoyed learning much, and earning much, in my early retirement. Even though I “lost” £20,000 in RBS shares I held my nerve because I believe in your methodology and my portfolio overall is still 50% up on capital and more importantly and to the point of course, I have had and continue to have a good income, even through the 2008 problems.
I shall look out for you “popping up” elsewhere – TDL is (was) the only financial publication I read but I know how to use google – because your no-bull outlook, sensible recognition of what you don’t know (ie the future), and low maintenance strategy, backed by years of company accounting experience, chimes so well with me.
Should you decide to do something in the HYP line in the future, perhaps a subscription blog or online newsletter, even if not in the format of TDL and regular “picks”, I will be a willing subscriber. (Better than paying investment company charges!)
I would like to wish you the best for the future, and to thank you once again.
Bruce
Hi Stephen,
Echoing all the others … I do not want to see your publication go .. .above all others yours is the advice I look to and works for me.
Please return to doing this in some form or other … will look out for your next venture…
Kind Regards .. John.
I also wanted to express my sadness and gratitude to Stephen. I created my first portfolio for a SIPP when I retired 9 years ago. I have taken 5% out of it each year and it has still grown. Thanks very much and the very best of luck for the future!! Pat
Hi Stephen,
I am continuing to build my HYP, topping it up each year to take account of my SIPP and ISA allowances and reinvesting accumulated dividends and will probably continue to do so for the next 10 or 20 years as I do not have need for the income from the portfolios at the moment – and so come April I will be adding to my selections / topping up where necessary… over the years I have become lazy and have relied on you letters to help me with my selections and so now I will need to start doing my own research (11 years not doing this has left me out of practice!) – in the good old days of TMF and my general stock picking and trading strategies I used to use REFS – can you let me know what database(s) you currently use to do your filtering / selections?
Please reply before this forum disappears for ever along with the DL!
Nigel
PYAD ???
Thanks