Forget the Bitcoin price! I’d use the Terry Smith method to make a million

Posted On Jul 5 2021 by

first_img Image source: Getty Images. Enter Your Email Address Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! The rising Bitcoin price may tempt some investors to buy into the virtual currency’s growth story. After all, it has gained over 170% in 2020. However, its high risks and the opportunities available across the FTSE 100 and FTSE 250 mean that buying equities could be a more profitable decision. In particular, following a strategy used by fund manager Terry Smith could yield high returns in the long run.Using Terry Smith’s investing strategy in today’s stock marketSmith is very successful at what he does. His Fundsmith Equity Fund has delivered an 18% annualised return since its inception just over 10 years ago. In doing so, it’s outperformed a global index of stocks, which is up by around 12% over the same time period.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Smith’s strategy is fairly simple. It centres around selecting the best quality companies. These are businesses that have dominant market positions and have historically offered high returns on capital.This approach isn’t dissimilar to that used successfully by billionaire investor Warren Buffett over the years. However, Terry Smith arguably places less emphasis on the purchase price of his holdings. Instead, he seems to be willing to pay premium prices for premium businesses.In today’s stock market, there are numerous opportunities to follow Terry Smith’s strategy and purchase high-quality companies. Moreover, many businesses trade on lower valuations now versus their historic averages. Given that the world economy is forecast to post strong growth in 2021, there may be opportunities to make impressive gains as company outlooks improve in the coming years.Avoiding Bitcoin even after its recent price riseAlthough Bitcoin’s 170% rise this year beats Terry Smith’s returns, the virtual currency faces an uncertain outlook. Regulatory risks remain present despite investors in the cryptocurrency seemingly becoming more upbeat about its prospects. Similarly, there remain question marks regarding its utility. A limited size and a lack of infrastructure may mean it ultimately fails to replace traditional currencies.However, perhaps the biggest risk facing Bitcoin investors is that it’s impossible to work out how much it may be worth. Its price is based solely on investor sentiment. Therefore, it could be subject to wild changes without clear reason.Making a millionAs a result, following Terry Smith’s strategy could be a better means of making a million. Even if an investor can only match the historic returns of a diverse portfolio of FTSE 100 shares of around 8%, investing £100,000 today could produce a portfolio valued at over a million within 30 years. Similarly, investing £750 per month at the same rate of return would lead to a £1m portfolio in the same time period.However, by focusing capital on high-quality businesses, it may be possible to outperform the stock market and follow in Terry Smith’s footsteps over the coming years. Forget the Bitcoin price! I’d use the Terry Smith method to make a million See all posts by Peter Stephens Our 6 ‘Best Buys Now’ Shares Peter Stephens | Thursday, 10th December, 2020 last_img read more

2 fun ways you can “party” with your squad during the quarantine

Posted On Dec 17 2020 by

first_imgIf you’re quarantined alone (or even if you’re not) you may be missing the human connections that you’re used to having during a normal week of your life. For some of you, that might mean you’re using FaceTime more, or perhaps using FaceTime for the first time ever. While that is an absolutely fantastic way to stay connected to close friends and family, how do you replace the joy you get from hanging out with your homies? If you’ve missed chillin’ with your peeps, here are a couple of awesome ways you can still “party” even while you’re stuck at home…Houseparty: Being able to video chat with a handful of your friends and play trivia and party games at the same time would be pretty awesome, wouldn’t it? Welp. You guessed it. Houseparty is “all the rage” with Gen Z. This app announces that you’re “in the house” when you open it up, and at that point, any of your friends can just jump right into a video chat with you. If you see your buddies Lloyd and Harry are in a chat, you can also just jump right in with them. It’s kinda like you’re walking by their house and notice they are having a party. It’s a very well-named app. You can also play all sorts of trivia games as well as Ellen’s “Heads Up” game on screen as you hang out. I’ve only been playing around with it for one day, but it’s definitely a good time.Netflix Party: So if you hear the term “Netflix Party”, you probably envision a bunch of friends hanging out and watching Netflix. That totally makes sense. There’s a Chrome extension available with the same name. This extension allows multiple Netflix users to synchronize their playback and provides a group chat window so everyone can communicate in real time, effectively turning your night at home into a “Netflix Party.” Pretty cool, huh? If you’ve got Google Chrome and a Netflix account, all you have to do is download the extension and you’re ready to party.Stay social and stay safe! 56SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,John Pettit John Pettit is the Managing Editor for John manages the content on the site, including current news, editorial, press releases, jobs and events. He keeps the credit union … Web: Detailslast_img read more