Understanding Money – Budgeting

I'm too broke to pay my bills

    Welcome to our series on understanding money. We hope this will help you make some headway into understanding, and getting a hold of your financial matters. This is written from the UK perspective, but we welcome comments, comparisons, and questions from any country! It’s always good to know how money works on an everyday…

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Understanding Money in Everyday Life

Understanding money, bank accounts, credit cards, direct debits, etc.

    Welcome to our series on understanding money. We hope this will help you make some headway into understanding, and getting a hold of your financial matters. This is written from the UK perspective, but we welcome comments, comparisons, and questions from any country! It’s always good to know how money works on an everyday…

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Dividend Stocks Watch List

There's Value Blogroll

It’s time to show you my value stocks and dividend stocks watch list I’m long overdue for beginning a monthly lowdown of my UK dividend stock watch list. Every month, I go through a list of FTSE 350 value stocks and dividend-paying stocks.  I start off with all 350 stocks, and I rank them in…

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New Year’s Resolutions

I know we’re still in the middle of Christmas, but I just thought: ‘Hey! It”s nearly New Year!’ It’s time to make some resolutions. Now, I know we get all positive and tend to make a load of resolutions like ‘go to the gym to get in shape’ and ‘eat healthy’, ‘sort out my finances’,…

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Recent Trade – Buy National Grid and RDSB

Now’s the time to buy Royal Dutch Shell I did it. I am finally updating you as to what I did with the money I got for my recent sale of Royal Mail Group (LON:RMG). With the recent dips in oil, the opportunity was great to average down on my randomly bought one share of…

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Reasons to Be Thankful at Christmas

I wish you all a very Merry Christmas! I hope you are all happy on this very special day, and that you are at peace. We have many reasons to be thankful at Christmas. We have a had a fantastic year here at Chez There’s Value! We managed to get a really great bargain on…

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Recent Trade – Sell Royal Mail

sell royal mail shares?

I’d prefer to hold shares forever… I rarely sell a stock. Come to think of it, I am struggling to remember what the last one I sold was… without having to log in to my broker, I can’t really remember! It could have been Tesco, which was sold in the Spring of 2013. This is because…

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Is P2P Lending Worth Doing?

In 2013, I looked at my shares in Tesco (the UK’s largest retailer) and thought: ‘This is crap. Tesco is kind of crap. I don’t even like shopping there, so I’m gonna sell my shares. Also, Tesco has a mountain of debt (debt to capital ratio of 50.76%), so I want out’. So, I sold…

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Marston’s – Dividend Increase

Marston's

Marston’s Brewery is a legacy share that I’ve held for around ten years. It’s one of those random ones, where I think I sold the shares, forgot about them going ex-div and then I ended up with a really small number of shares that it would cost a lot to sell, so I may as well just leave them in my account and hope that a dividend increase every year will be forthcoming!

Anyway, Marston’s recently gave their shareholders a dividend increase. Their full year dividend was increased by 4.9% on the 27th of November, so I can’t complain! Not a huge growth rate, but if it’s above inflation, then I’m happy. Inflation is currently around 2%, so yippee for Marston’s increase being more than double that. I am all for dividend increases, as long as the company can afford them, age not crazily geared, and are they are consistently profitable, etc.

Unfortunately, there are some legislative issues happening in the UK right now, which could have major ramifications for people owning shares like Marston’s, Enterprise Inns, Greene King, and so on. About a week before Marston’s announcement, British MPs voted to end the ‘beer tie’ arrangements. This is an old piece of legislation that meant pub landlords would be tied in to a certain brewery’s products, and have to pay super high prices for them, but in return get dirt cheap rent on the premises. What this means in practice is that if you were to set up your own pub as a tied in tenant, it’d cost you around £20,000, but you’d earn only about £10,000-£15,000 salary, which is pretty low. If you set up an independent pub, it’d cost you more like £250k, but you’d be able to pay yourself a higher salary, as your beer prices would be up to 70% cheaper.

So, since the vote went through parliament, brewery shares plummeted, but I’m interested to know what you think might happen over the longer term? This might mean independent breweries or craft beer producers get a huge boost…

Do YOU have any ‘random’ or ‘legacy’ holdings in your investment accounts? What are you going to do with them? What about owning shares in the leisure/retail/brewing sectors, any thoughts on those?

Let me know, leave me a comment 🙂

Annual Goals Progress Report 2014

Since it’s nearly the end of the year, I decided to do a progress report on my goals for this year. I know it’s typical to do this at the very end of the year, but I think I’m away around then so I may as well do it now. The other reason for doing…

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