If you’re going to buy just a handful of shares in the pursuit of an income yield well above that of the market, then investing in large stable companies with defensive business models is a must. That is why GlaxoSmithKline (LSE: GSK) is the perfect share to anchor any collection of high yield stocks. Owain Bennallack explains why, in this investing video…
The Bedrock Of Your 5-Share Income Portfolio: GlaxoSmithKline plc
VIDEO: One Fool takes a closer look at GlaxoSmithKline plc (LON:GSK)
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Published Owain is a magpie of the investing world -- and not because he gets into a flap. Almost any style of investing might suit him, depending on the bigger picture, and he's held all sorts of companies. Paraphrasing Keynes, he says: “When the market changes, I change my mind -- what do you do?”
That said, Owain is usually a buyer of equities, where he prefers lightly geared, modestly rated companies, and is increasingly on the lookout for Buffett-style intangible quality. He aspires to buy-and-hold: his best investment ideas are worth much more than he sold them for. Then again, his worst investment went bust due to management fraud!
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