Lootman wrote:And if so then what should an individual also invest in to provide an income that is more stable and more capable of growing in a steady and sustainable way?
I see what you've done there LM.
The obvious alternative is what I would now call a PHY.
HYPs Evil Twin, if you like.
A portfolio of 15 ITs:
- When initially bought, have yields greater than the yield of the FTSE 100 index.
- When bought, be reasonably expected to sustain, and preferably grow their dividends in the future.
- Just don't dare include any ordinary shares from the FTSE350, you will be stamped on.
Sound familiar?