Image source: Getty Images
Having shares to build a growing passive income stream is the name of the game for many investors. In my portfolio I have a diminutive handful of dividend stocks, which I intend to keep until retiring, and maybe even outside of it.
Here are three of them, which I think is worth considering.
Betting on gold and copper
. Blackrock World Mining Trust (LSE: BRWM) does exactly what he says on the can (intended word game). It is investment trust led by Blackrock This invests in global mining actions.
There are a few things that I think really attractive in this. First of all, managers have a lot of freedom. They can of course invest anywhere in the possibility of extraction, regardless of whether it is a lithium in Chile, copper in Congo, or gold here and uranium. But they can also invest in miners who are not on the stock exchange, as well as in corporate bonds.
Today, trust has a huge 31% weight in relation to gold, the price of which increases due to unstable geopolitics, the ballooning of sovereign debts and stubborn high inflation.
I am stubborn in terms of yellow metal in a long term, so it gives my portfolio exposure. Top Golins, which he holds, embrace Mines Agnico EagleIN Kinross goldAND Newmont.
Blackrock World Mining also has a high weighing of copper (almost 24%). The transition of energy (EV consumes up to four times more copper than gasoline cars) and the raise in data centers needed for artificial intelligence should still cause a huge demand for copper. Trust has Red River AND OSHwhich are vast copper players.
Of course there is a risk. Any grave global slowdown would focus on the prices of goods, exerting pressure on the trust themselves. Indeed, copper is often called “Dr. Copper” because its price reflects the health of the global economy. Therefore, sudden dropping of demand in China is a risk.
However, in 20 years I am stubborn in relation to the prices of key goods. They will probably be much higher due to the imbalance of supply and demand.
The dividend performance is currently 4.3%. Although nothing is guaranteed, I expect that for the next two decades I receive regular passive income from Blackrock World Mining.
Population trends
The other two actions are Legal and general AND HSBC. According to the Office for National Statistics, the number of people aged 65 and older in Great Britain is expected to exceed 22 million in the next few decades, compared to 12.7 MW 2022.
In other words, the population of Great Britain is getting elderly quickly. This should be a supporting trend for gigantic legal and general pensions, despite its exposure to the ponderous economy of Great Britain, which is a risk of company growth.
Legal & General has long achievements of reliable dividends, and the performance is currently juicy 8.5%.
Meanwhile, HSBC sells Western assets to double his possibilities in Asia. This creates an element of risk because most of these markets are less mature and can be unstable. Again, the economic crisis in China is a risk to HSBC.
However, according to the Asset Manager SchrodersIt is expected that the middle class population in Asia and the Pacific will raise to 3.49 billion people by 2030, compared to 1.38 billion in 2015. This means that millions of people will need banking, loans and property management-in addition, what HSBC specializes in.
