[ad_1] Image source: Getty Images When I started buying shares in DCC (LSE:DCC) last year, I had a two-part investment thesis. Neither’s going to plan, so I’m thinking about selling the FTSE 100 stock and moving on. Even the best investors get things wrong. And as Warren Buffett says, one of the most important things is being able to move on quickly when an investment doesn’t turn out as expected. The plan My general view of DCC was that the entire company was worth much more than the sum of its parts. And the firm was looking to sell its…
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[ad_1] Image source: Getty Images Baltic Classifieds Group (LSE: BCG) is a lesser-known FTSE 250 growth stock that jumped 7% this week. The rally followed an Overweight rating from Barclays last week and a Buy rating from Bank of America on Monday (14 July). So what’s all the fuss about? I decided to dig a little deeper. A diversified business As the name suggests, Baltic Classifieds runs a suite of online classified portals across the Baltic states. Its sites list everything from cars and property to jobs and general items in Estonia, Lithuania, and Latvia. It’s quite a dominant player…
[ad_1] Image source: Getty Images Generating passive income from a pile of cash has been easy in recent years. With UK interest rates at high levels, sticking the money in a high-interest savings account was the easy option. The financial landscape’s now changing however. With interest rates falling, savings accounts are not the income vehicles they were. The good news is that it’s still possible to pick up healthy levels of income with dividend stocks. Here’s a look at how these stocks can provide investors with regular cash flow and why they could deliver attractive returns as interest rates fall.…
[ad_1] Image source: Getty Images There are different ways to earn passive income and one that I like myself is investing in blue-chip shares that pay dividends. Doing that with a £20,000 ISA could see income streams of hundreds of pounds per month in future. Here’s how. Dividend income from proven businesses Dividends are one way for a business to use excess cash it generates. There are others, though – and not all businesses generate spare cash. So, dividends are never guaranteed and even when they have been paid before, they are not guaranteed to last. Therefore, I think it…
[ad_1] Image source: Getty Images According to the bond market, £100,000 in cash and a second income of £5,481 per year are roughly equivalent in value. But I’m not so sure – I think the cash is better. Right now, a 30-year UK government bond comes with a 5.481% yield. But my suspicion is that investors with a long-term focus can do better in the stock market. Dividend stocks Buying bonds is one way of turning cash into passive income. But another way is by owning shares in companies that distribute their profits to shareholders as dividends. These are inherently…
[ad_1] The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, which is mired in a sales slump as affordability constraints shut out prospective homebuyers. The long-term rate ticked up to 6.75% from 6.72% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.77%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also rose. The average rate increased to 5.92% from 5.86% last week. A year ago, it was 6.05%, Freddie Mac said. When mortgage rates rise…
[ad_1] Image source: Getty Images Investing in a Stocks and Shares ISA is arguably the most effective way to build wealth in Britain. And starting early allows young investors to maximise the rewards. In fact, a 30-year-old investor planning to retire at the age of 67 could become a multi-millionaire with just £500 a month. Here’s how. Retiring with £2.3m in the bank The average return generated from the stock market varies depending on what investments are made. But here in the UK, that return’s typically sat between 8% for large-caps and 10% for small-caps annually over the last 30…
[ad_1] Image source: Getty Images Drip-feeding money into a Self-Invested Personal Pension (SIPP) throughout a career can help individuals reach a seven-figure retirement portfolio. Apart from reaping the wealth-building benefits of compounding, SIPPs also provide a powerful advantage in the form of tax relief. And that extra bonus can make an enormous difference… Compounding to £1m Let’s say an investor is able to make some good stock-picking decisions and secure an average annualised return of 10% for the foreseeable future. By living a bit frugally, they’re able to put aside £700 each month from their wages, which goes directly into…
[ad_1] Image source: The Motley Fool Artificial intelligence (AI) has a lot of investors excited right now, yet billionaire investor Warren Buffett isn’t one of them. Despite owning shares in companies such as Apple (NASDAQ:AAPL) and Amazon, none of these investments were made solely based on their AI potential. In fact, Buffett seems to be quite cautious of the technology. Instead, he’s warned investors that AI will give rise to an enormous amount of fraud, making scamming the biggest “growth industry of all time”. Sticking to his principles Despite his hesitant stance, Buffett isn’t blind to the benefits of this…
[ad_1] This week we’re joined by Oxford, Ohio, City Councilor and Miami University of Ohio geography professor David Prytherch. We did Prytherch’s new book Reclaiming the Road: Mobility Justice Beyond Complete Streets. The conversation touches on how pandemic open street experiments were rediscovering original uses, the cognitive benefits of experiencing car free streets and the opening of a democratic space for a discussion of what streets could and should be. Scroll past the audio player below for a partial edited transcript of the episode — or click here for a full, AI-generated (and typo-ridden) readout.Jeff Wood: And one of the things that stood out to me…