Office2Office, at 285 February 20, 2006
Posted by CamdenKiwi in : Investing , trackbackOffice2Office used to be part of HM Stationery Office, and still has a number of government clients. It’s recently renewed a couple of big contracts and, while its not terribly exciting, it’s price to earnings ratio is a good 13.8, and it regularly pays a reasonable 3-4% dividend. Its nothing exciting, but looks like the nice stable sort of stock that will do just fine in the long term, so I took a small stake into my ISA.
The problem with ISAs is that you can’t invest in AIM stocks, and that’s where all the action is with the interesting environmental companies. Hopefully, my broker account for my SIPP will be sorted soon, and then I can start investing in some of those.
Someone told me I should keep my age percentage of my pension portfolio in gilts and bonds, but I’m really reluctant to do that right from the word go. Hopefully, I’ll make a profit, and I plan to put that into those very safe investments against another stock market crash. One of the advantages of getting older is that you do remember the crashes - 1987 was very bad in NZ, the asian flu of 1997 and then the dot com bomb. I just hope things aren’t quite as hyped as they were shortly before each of those.
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