Sasol Ltd., the world’s largest producer of fuels and chemicals from coal, boosted carbon credit purchases as it targets higher output using the dirtiest fossil fuel. Source link
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Image source: Getty Images One thing I do every quarter as part of my investment research is dive into the 13F filings of top British fund managers. These reveal the US stocks that the managers bought and sold in the previous quarter. Last week, I spent some time looking at the filings of Terry Smith, Nick Train, and Stephen Yiu to see where these highly-regarded managers deployed their capital in Q2. Here’s a look at three S&P 500 stocks the managers snapped up. Terry Smith Terry Smith – the manager of Fundsmith Equity – didn’t do a lot of trading…
Image source: Getty Images Investing in dividend shares can be a great way to target long-term passive income. Unfortunately dividends are never guaranteed, though. Shareholder payouts can be cut, postponed, or cancelled when crises occur. But by buying investment trusts and exchange-traded funds (ETFs), individuals can significantly reduce the risk of underwhelming income streams. Investors today have hundreds of such financial vehicles to choose from depending on their investment style and objectives. So they don’t need to diversify across a basket of assets without having to sacrifice their broader investing strategy, either. With this in mind, here are three top…
Image source: Getty Images Over the last few weeks, I’ve made quite a few trades across my ISA and Self-Invested Personal Pension (SIPP). With markets at high levels, I’ve trimmed some holdings to bank profits and free up cash. It hasn’t been all selling activity however – I’ve also spotted some buying opportunities and fired on them. Here’s a look at my activity in more detail. Taking some profits Let’s start with my sales. One stock I trimmed was tech giant Microsoft. This stock had become my largest holding after a huge run in the share price. I added to…
An innovative Florida program used tactical urbanism to super-charge the local school bike bus — and transform it into a powerful tool to increase support for permanent infrastructure, which other cities can steal.University of Miami-based nonprofit BikeSafe found that adding a pop-up bike lane to a long-standing local bike bus at the Coconut Grove neighborhood elementary school actually decreased the number of cars in the school drop-off line by an average of nearly 30 percent over the course of three “Bike to School Day” events between 2023 and 2024.Bicycle traffic, meanwhile, actually doubled over the same period, as families with multiple…
Image source: Getty Images Tesla (NASDAQ: TSLA) stock’s up over 130% in five years. And it’s climbed more than 40% in the past 12 months. But a few aspects of the stock’s journey make me a bit twitchy. It’s been very volatile, dipping around 35% since a 52-week peak in December. And that’s after a more recent rebound — it was down 55% in April. There’s been a bit of a Nasdaq sell-off recently. But it’s nothing compared to Tesla’s ups and downs. Which direction it might go next seems like little more than a coin toss. Valuation, valuation Perhaps…
Image source: Getty Images Challenger banks have long been seen as a potential menace to established lenders like Lloyds (LSE:LLOY). With their digital-first models and slick apps, these upstarts were supposed to upend branch-based incumbents. Yet this hasn’t really happened. Indeed, the Lloyds share price is up 200% in five years (excluding dividends)! However, FinTech giant Revolut’s hoping to gain a full UK banking licence. And after growing strongly last year, it says it’s “focused on revolutionising global financial access through innovative products“. Could Revolut become a risk to Lloyds? Let’s discuss. Already a bank (kind of) Somewhat confusingly, Revolut…
Image source: Getty Images It sounds implausible. A £27m Self-Invested Personal Pension (SIPP) from just a few thousand pounds a year. But with a long enough runway and the power of compounding, it becomes a mathematical possibility. A SIPP opened at birth and topped up consistently could, in theory, accumulate a fortune over time. Using HMRC’s maximum child SIPP contribution of £3,600 a year (including tax relief), the numbers stack up compellingly if invested wisely from day one. Assuming an average annual return of 10% — reflective of US market returns over the past decade — the balance grows modestly…
Image source: Getty Images Diversification is a critical part of modern investing. This explains the exponential growth that the exchange-traded fund (ETF) market has enjoyed over the last decade. Holding a large basket of shares helps investors to manage risk and target different growth and income opportunities. The trouble is that building a diversified portfolio can take a lot of time and effort. And buying a large number of individual shares can also be expensive after you add up separate transaction fees and Stamp Duty costs. ETFs can substantially reduce (if not totally eliminate) these problems. Today, there are 3,600…
Image source: Getty Images I believe Hochschild Mining (LSE:HOC) could be one of the greatest FTSE 250 shares to buy today. Give me just three minutes to explain why. Bouncing back Shares in South American miner Hochschild have edged steadily higher since their price collapse in June. I think they could continue rising as precious metals demand heats up again. This week UBS was the latest broker to revise up its gold price forecast, an encouraging omen for UK mining shares. It expects the yellow metal to reclaim April’s record highs around $3,500 per ounce by the end of the…