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


Neil Young Announces 38th Album “Peace Trail” As His Second Release This Year

Posted On Mar 2 2021 by

first_imgAfter releasing the video for new single “Indian Givers” last month, Neil Young has announced the upcoming release of a full new album, Peace Trail. The new album, set to drop on December 2nd via Reprise Records, will be his 38th studio album overall, and his second of this year after this past summer’s Earth, which was recorded during his 2015 tour with Promise of the Real and mixed with wildlife sounds.Peace Trail looks to be a more conventional offering than Young’s other 2016 project, featuring 10 mostly-acoustic songs written and recorded since Earth‘s release in June (including “Indian Givers”). While Earth and last year’s The Monsanto Years were recorded with Promise of the Real, Young worked with session musicians Jim Keltner (drums) and Paul Bushnell (bass) on Peace Trail, co-producing the album with John Hanlon at Rick Rubin‘s Shangri-la Studios.You can watch the video for “Indian Givers” and check out the full track list for the new album below:Tracklist:01. Peace Trail02. Can’t Stop Workin’03. Indian Givers04. Show Me05. Texas Rangers06. Terrorist Suicide Hang Gliders07. John Oaks08. My Pledge09. Glass Accident10. My New RobotPeace Trail is available to pre-order through Young’s website and online music store PONOMusic.last_img read more


China Sees 1.8 Million Coal Layoffs Ahead

Posted On Dec 31 2020 by

first_img FacebookTwitterLinkedInEmailPrint分享Kevin Yao and Meng Meng for Reuters:China said on Monday it expects to lay off 1.8 million workers in the coal and steel industries, or about 15 percent of the workforce, as part of efforts to reduce industrial overcapacity, but no timeframe was given.It was the first time China has given figures that underline the magnitude of its task in dealing with slowing growth and bloated state enterprises.Yin Weimin, the minister for human resources and social security, told a news conference that 1.3 million workers in the coal sector could lose jobs, plus 500,000 from the steel sector.China’s coal and steel sectors employ about 12 million workers, according to data published by the National Bureau of Statistics.“This involves the resettlement of a total of 1.8 million workers. This task will be very difficult, but we are still very confident,” Yin said.For China’s stability-obsessed government, keeping a lid on unemployment and any possible unrest that may follow has been a top priority.The central government will allocate 100 billion yuan ($15.27 billion) over two years to relocate workers laid off as a result of China’s efforts to curb overcapacity, officials said last week.China’s vice finance minister Zhu Guangyao quoted Premier Li Keqiang as telling U.S. Treasury Secretary Jack Lew on Monday that the fund would mainly focus on the steel and coal sectors.The number of layoffs was reasonable based on the government’s capacity closure targets, said Jiang Feitao, an industry researcher with the China Academy of Social Sciences, a top government think-tank.He said the funds being made available would be used only after the enterprises go bankrupt and settle their debts. He said local governments would also be responsible for dealing with those debts.Full article: China expects to lay off 1.8 million workers in coal, steel sectors China Sees 1.8 Million Coal Layoffs Aheadlast_img read more


Why Man United Captain Maguire fought in Greece

Posted On Sep 22 2020 by

first_imgRelatedPosts Police in Adamawa arrest three car snatchers More troops, police deployed to Kaduna Airport Road, other strategic locations Police kill two in failed Niger State robbery Manchester United skipper Harry Maguire’s arrest allegedly came after his sister was stabbed in the arm during a night out.The 27-year-old spent a second night in a Greek jail last night following his arrest on Thursday night for reportedly getting involved in a fight outside of a bar in Mykonos. According to local publication Mykonos Voice, the altercation began when the England star stepped in to defend his sister Daisy when she was stabbed in the arm with “a sharp object”.A brawl was then said to have broken out between Maguire’s group and another group of British tourists and when police arrived, he was accused of being “verbally abusive to an officer and then hit him”.Two police officers are thought to have suffered facial injuries as they were knocked to the ground in an ensuing scrap, resulting in Maguire and two friends being arrested, with one of the trio then accused of attempting to offer a bribe in order to make the situation disappear.The centre-back and his two friends are facing a prosecutor on the island of Syros charged with violence against officials, bodily harm and attempted bribery – all of which Maguire denies.Describing the events of the night, one eyewitness alleged to The Sun: “There was a group of guys who had been chanting at Harry on Wednesday night, but it was a bit of banter. “On Thursday they were more aggressive, saying, ‘F*ck United’. They were trying to wind him up. They were also trying to mess around with a group of girls there.“Harry got upset. They told Harry, ‘F*ck United’ again and a brawl started with Harry’s mates. As they fell to the ground Harry was kicking the guys in the back. The girls were screaming.“Two police officers nearby came to try and break it up and Harry got really pissed off with them. He was telling them, ‘Go f*ck yourselves, this is none of your business.’ They tried to arrest him and Harry started hitting the police. They had to call for back-up.“Two or three more police came but Harry was so strong and upset that they couldn’t pin him down. He was screaming at them, they had a really hard time — at least one police officer was hurt. It took more than five officers to get him down.”United have said that they are “aware” of Maguire’s situation but have yet to make further comment. —Tags: assaultBargreeceHarry MaguireMan United CaptainMykonosPolicelast_img read more