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Image source: Getty Images Salesforce (NYSE:CRM) is a beaten-down US stock that warrants serious consideration this October. Despite delivering strong AI-driven results in its latest quarterly report, the stock was punished by the market. This, however, appears to be a short-term reaction rather than a deeper understanding of long-term fundamentals. Let’s explore why Salesforce continues to be one of my top picks. Valuation is undemanding From a pure valuation perspective, Salesforce’s forward price-to-earnings (P/E) stands at 21.56, 16% below the sector median and 44% below its five-year average. Similarly, the enterprise value-to-EBITDA ratio is 14, slightly below the sector’s 15.61…

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Image source: Getty Images The Stocks and Shares ISA offers terrific advantages for Brits looking to build long-term wealth. Like the Self-Invested Personal Pension (SIPP), it protects investors from having to pay capital gains or dividend tax. I myself hold both a Stocks and Shares ISA and a SIPP. I also hold cash savings in a Lifetime ISA and a Cash ISA, with the former giving me a handy £1 government top-up for every £4 I myself deposit. This mish-mash of products is subject to different rules on things like annual contribution allowances, withdrawal penalties, and tax treatment. This means…

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Image source: Getty Images Dividend shares are an excellent way to earn passive income, in my opinion. Investors can build up a Self-Invested Personal Pension (SIPP) during working years, then withdraw regular dividend income once they turn 55. Although, this pension age is expected to rise over the coming years. Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice. Readers are responsible…

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Specialized Investment Funds (SIFs) and information about them are popping up like mushrooms after a rainstorm. Thankfully, they are not a retail product, as the minimum investment is Rs. 10 lakhs (that many investors with Crores of net worth consider themselves “retail” and “middle class” is another matter!).SIFs are supposed to fill the “gap” between MFs and a PMS. It would be a perfect marriage between product manufacturers eager to launch fancy products for a fancy fee and investors who feel they have arrived at the “next level” and want “diversification”  with new “opportunities” (read, unfamiliar risks) without ever understanding…

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“This Biennial Summit is not just another meeting,” said UN Secretary General António Guterres. “It is the first of its kind.”Attended by top politicians, international institutions and officials representing the G7, G20 and the COP30 UN climate conference, the focus was on addressing challenges in development finance on the rocky road towards the 2030 Sustainable Development Goals (SDGs).“This is networked, inclusive multilateralism in practice,” commended Mr. Guterres, who proposed the summit in 2021 before it was recognised in last year’s Pact for the Future Agreement as one of the key approaches to reforming international financial systems.The event “was envisioned as a…

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