Image source: Getty Images Becoming a stock market millionaire is the stuff of dreams. Or is it? I reckon it’s possible to turn this dream into reality by investing in UK stocks with high growth potential. Pursuing this objective requires risk tolerance and financial dedication. However, there are plenty of shares listed on the London Stock Exchange that can deliver the returns necessary to reach a coveted seven-figure portfolio. Here’s how I’d aim for a million with £464 a month to invest. An ambitious goal Reaching a £1m portfolio won’t happen overnight. In fact, it’ll likely take many years. But…
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Cinthia Murphy, VettaFi Investment Strategist, joins Brad Smith to discuss how to play the exchange-traded fund (ETF) space as part of the ETF report on Wealth!Murphy tells Yahoo Finance, “Gold (GC=F) has made more than 30 new record highs so far this year. It keeps going up up up. And now that the Fed has cut rates, it’s almost like the perfect storm for gold prices. Everyone you talk to on the Street, every market expert, macroeconomist, everyone has a bullish case for gold at the moment. You know gold is the prices tend to be inversely correlated to rates.…
(Reuters) – German chemicals giant BASF on Thursday lowered its dividend proposal for the 2024 business year to at least 2.25 euros ($2.51) per share as part of its new corporate strategy. The proposal compares to a 2024 annual dividend proposal of 3.40 euros per share reported in February, and a 2023 dividend the same amount. BASF said it will distribute at least 12 billion euros to shareholders between 2025-2028. In the mid-term, BASF is committed to keeping the overall distribution to shareholders on the level of the last years through a combination of dividends and share buybacks, the group…
New assessment enables market to quantify carbon emissions further up the steelmaking value chain in line with evolving reporting and regulatory requirements SINGAPORE and NEW YORK and LONDON, Sept. 25, 2024 /PRNewswire/ — Platts, part of S&P Global Commodity Insights, the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the metals, commodities, energy and energy transition markets, today announces the upcoming launch of the world’s first daily carbon-accounted iron ore price assessments and related carbon intensity estimates to bring greater transparency to the industry’s decarbonization efforts. The new carbon intensity series features a daily carbon-accounted iron ore…
(Bloomberg) — Oil fell for a second day as Saudi Arabia was reported to be weighing increasing output, and factions in Libya reached a deal that opens the way to the return of some crude production.Most Read from BloombergBrent (BZ=F) dropped below $72 a barrel for a loss of almost 5% since Tuesday’s close, while West Texas Intermediate (CL=F) was near $68. Saudi Arabia is ready to abandon its unofficial oil price target of $100 a barrel in a bid to regain market share, the Financial Times reported, citing people familiar with the deliberations.Representatives from Libya’s rival eastern and western…
Image source: Getty Images My approach is to invest in individual companies. But with the S&P 500 at record highs, I can certainly see the appeal of index funds. They’d eliminate the need for me to research and monitor specific stocks. Even Warren Buffett says passive investing is a solid strategy. Indeed, he said Jack Bogle, the father of index funds, had “probably done more for the American investor than any man in the country“. The S&P 500 measures the performance of the 500 largest American companies. Today, it’s dominated by tech titans like Microsoft, Apple, and Nvidia. Here, I’ll…
Image source: Getty Images The Vodafone (LSE: VOD) share price has been struggling of late. Shares in the telecommunications giant have fallen 5.6% to 75.5p over the last 12 months while the FTSE 100 has managed to gain 8.3% in the same period. Recently I’ve been scouring the UK large-cap index for a bargain buy. With signs of some green shoots and a share price under pressure, it got me wondering if the telco with a £19.8bn market cap was a bargain hiding in plain sight. Earnings and dividend Let’s start with revenue and earnings. Vodafone posted £36.7bn of revenues…
Hundreds of organisations in the Global South have called on the Science Based Targets initiative (SBTi) to use “common sense” and widen the usage of corporate carbon credits in order to meet net-zero goals. Source link
CROSSJECTDijon, France Sept 26, 2024 — Crossject (ISIN: FR0011716265; Euronext: ALCJ), a specialty pharma company developing medicines for emergency situations harnessing its award-winning needle-free auto-injector ZENEO®, today confirms its eligibility for PEA-PME, a French government investment scheme which enables retail investors to acquire a portfolio of European securities whilst benefiting from preferential tax conditions.This framework aims to diversify funding resources available to small and medium sized enterprises (SMEs) and create a new financing tool, thus channeling some savings into the real economy. Tax advantages offered by PEA-PME (Plan d’Épargne en Actions – Petites et Moyennes Entreprises or Share Savings Plan…
Abivax to Present Three Abstracts for Obefazimod in Ulcerative Colitis at the UEG Week 2024 Professor Bruce E. Sands, MD to present oral presentation of Phase 2b, open-label, maintenance efficacy and safety data at weeks 48 and 96 among week 8 induction non-responders in obefazimod-treated patients with moderately to severely active ulcerative colitis (UC)Two moderated poster presentations highlighting corticosteroid-free efficacy and safety data of obefazimod at weeks 48 and 96 of an open-label maintenance trial, as well as the impact of obefazimod induction therapy on combined histologic and endoscopic outcomes at week 8 in patients with UC PARIS, France, September…