I have recently added Centrica (CNA), Royal Sun Alliance (RSA) and Admiral (ADM) to my portfolio.
The market recently pulled back and this gave a buying opportunity.
I like Insurance companies, it is legalised gambling on grand scale. We hand over our cash and they invest it, hopefully wisely. And with luck they will not be paying back too much. And if they do they put up the premiums.
Centrica is British Gas. Supplying same to the UK and USA. They are not not making anymore it so prices will only head one way.
All of the above are long term holds with fat dividends that grow year on year.
Recent PostsHow to grow wealthy
I have dumped Google Chrome as my browser along with Amazon for online purchases, until they choose to pay their taxes into the U.K.
December 31, 2016
I will help you become very rich but it might take a while, but that better than not at all! This might seem like an area of interest for people of a certain age, but th...Read the Full Post »