Legal and General - LGEN

Yeah read that myself.

Stockopedia gives LGEN a dirt review too.

I still hold it…bought some today actually.

Im no expert…a novice…but I believe its sturdier and more stable than tickbox analytics would suggest.

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Short term noise, still a long term hold for me.

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So to counter the post what are the good points about legal and general.

I always thought they were a good payer for years. The pensions with them Usally give higher returns than say standard life etc

If they’re going to be losing profits would this be because people are removing pensions etc?

UK market is undervalued.

Financial industry is London Stock Exchange strength.

Investments and pensions are seen as growth areas with an ever aging population. LGEN is arguably amongst the very top stocks in these areas.

Consistent and high dividend yield.

Short term, earnings predicted to go down 1%. One. Predicted. In the current negative market.

IMO if you are buying for one year its a good investment…8% Dividend beats any savings account.

But the real strength is in buying long term, with potential for some growth and therefore potentially even bigger dividends snowballing over time.

Diversify, DYOR, and if you buy, make it for 5-10 years and longer…its as safe as investment as I can imagine.

Most importantly, remember I’m just a numpty and only buy what YOU believe in.

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You have made me want to drop 5k tommorow thanks Bob.

Dang I wish I knew what you all know lol its a slwo learning process as a new investorx the amount of knowlage you need to take in the after you learn that part you then need to learn how to read companies etc.

That’s next on my list but as warren buffet said “You shouldn’t be investing in any company of you can’t read their financial documents etc” else you’re just speculating or following the crowd hoping for the best.

I do know though that like all word etfs etc is a safe bet but not the best returns but then that’s what you pay for a safer more steady return.

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I am planning to buy a basket of UK Insurers and let them rot in my SIPP account :slight_smile:
Watching so far: LGEN, Prudential, Admiral, Hiscox… any obvious miss/no go ?
Thanks!

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Aviva?

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Aon, Aviva as mentioned, Beasley, Direct line, Phoenix, RSA , WTW are some big ones. and there’s a bunch of others.

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Anyone else still waiting on the dividend ?

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Yes, still waiting.

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Thanks :+1:

Received mine yesterday via T212

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Aviva for me too, looks like it has strong potential. I’ve got both L&G (bigger holding) and Aviva.

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I have Aviva, Lgen and Admiral in insurance. I did have direct line but I ditched them as the other 3 were all performing much better

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Are people still waiting for their dividend to be paid?

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Yes buddy. Checked my account and nothing paid yet

Waiting for both L&G and Glencore dividends.
I also have the shares on another platform. Was paid on the 22ndfor Glencore and yesterday for L&G.

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It can take up to 5 working days for divi to hit account with Freetrade. It’s quite poor, waiting on this and GLEN

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They seem to be a bit more prompt with FTSE100 companies… sometimes. Received a few on the same day as payment date.

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Might be worth reading this post :

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