Image source: Getty Images The FTSE 250 index is home to around 70 investment trusts today. As such, there’s plenty of choice for people looking to build long-term wealth. Here’s one FTSE 250 growth trust that I think’s worth taking a closer look at right now. US growth stocks Baillie Gifford US Growth Trust (LSE:USA) does pretty much what its name says. It aims for out-and-out growth through a portfolio of US-listed stocks. So it’s no surprise to see high-quality names like Amazon, Shopify, Nvidia, Netflix and Meta near the top of the portfolio’s stock list. The trust also gives…
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A reader says, “Is having all my net worth in digital assets (equity MF/Demat ordebt PF/PPF, etc.) safe? What may happen if some hacker hacks my digital life or, worst case, hacks into the government or AMC database and deletes our holdings? What will happen if our CDSL accounts are hacked or erased, or servers are onfire?”“I don’t like real estate (for non-transparency, more govt intervention, and all those reasons which you list) and Gold, so continued with equity and debt only, but having everything digital in life, isn’t this a big risk? Shouldn’t we invest some in physicalassets also?”“You…
Image source: Getty Images Did the last Budget sink the FTSE 100? On the surface, the answer to this question would seem like a big fat no! The Footsie is up 33% since October last year. But a £40bn tax bill, much of which comes from the UK’s biggest companies, has an impact on operations. It’s hard to tease out the details as the costs have been shared across earnings, lack of wage increases and higher prices. But with the CEO of BT complaining about “government-inflicted costs”, the CEO of Ryanair threatening the economy is “doomed to continue to fail”…
Image source: The Motley Fool There is a growing sense of fear in some parts of the market and a lot of stock market participants are becoming increasingly nervous about what coming months might hold. Yet, when markets have waivered in the past, billionaire Warren Buffett has often done very well. That is, in part, because of how he thinks about the market. Focusing on buying into strong businesses Stock market prices can move up and down. For traders who simply want to buy a share then sell it on for a higher price, sudden market moves can be alarming…
Image source: Getty Images The BP (LSE: BP) share price has outperformed the FTSE 100 over the past year. Up 21%, the stock hit fresh 52-week highs earlier in November. Yet, given the uncertainty about geopolitics and its potential influence on the oil price in the coming year, I thought it wise to examine the forecasts from leading banks and brokers regarding where they expect the oil stock to go from here. The lay of the land Of the 26 contributors I can access, 10 have a Buy rating, 15 are at Hold, and only one suggests a Sell. Barclays…
Image source: Getty Images Millions of Brits now use artificial intelligence (AI) models when deciding which UK shares to buy. If Lloyds Bank research is accurate, a whopping 28m British adults now use the likes of ChatGPT for investing and personal finance advice. It’s a recipe for disaster, in my view. It’s a view shared by Which?, whose recent research showed “the likes of ChatGPT, Gemini and Meta AI giving inaccurate, unclear and risky advice which could prove costly if followed“. So what did the self-styled consumer champion find? And should investors using AI for investing purposes be afraid? Big…
Tomorrow (19 November) all eyes will be on Nvidia (NASDAQ: NVDA) as the chip giant announces its latest quarterly earnings. Well, I say “all eyes” but in fairness, lots of investors do not care less about the Nvidia stock price. That could be a mistake, in my opinion. Nvidia’s earnings: not just about Nvidia! On one hand, Nvidia clearly matters economically. This year it became the first listed company in history to command a market capitalisation of $5trn, although that figure has since fallen back to $4.4trn. Even so, it remains the world’s largest listed company by market capitalisation. But…
Image source: Getty Images After a tricky first few weeks, On Holding (NYSE:ONON) jumped 20% in my Stocks and Shares ISA last week. I’m up just 4% since investing in early October, but my conviction in the company is growing. In fact, I’ll buy more shares soon and aim to hold them for at least five years. Here’s why I’m bullish. Filling the void Founded in 2010, On is a Swiss brand known for high-quality running shoes. It experienced significant growth during lockdown as offices and gyms shut, prompting a surge in outdoor running. In 2020/21, Nike took the…
Image source: Getty Images Every FTSE 100 stock is a bit of a gamble. Investors can do all the research they like, but they remain at the mercy of events. Company-specific shocks such as the loss of a key customer or the sudden emergence of a cut-price rival can throw the best-run firms off course. Broader shocks such as war, recession, tariffs, and a host of other nasties can also wreak havoc. The surprises can also be positive ones. Just look at Rolls-Royce (LSE: RR). Five years ago, the aircraft engine maker was down in the doldrums, its revenues plunging as…
Image source: Getty Images The current FTSE 100 average dividend yield is 3.15%. The same figure for the FTSE 250 is marginally higher at 3.54%. Yet, for investors looking to build passive income, active management can help to provide a yield that’s over double the index yield. Here’s how a portfolio could look and the potential monetary benefits. Factors to consider Given that the index average yield takes into account all the constituents, it’s not surprising to find some high-yielding options to consider. In fact, there are half a dozen FTSE 250 companies with a yield greater than 10% right…