[ad_1] Image source: Getty Images A £10,000 investment in Greggs shares, based on the latest dividend forecasts, would generate a steadily growing stream of passive income over the next several years. With the company expected to pay a dividend per share of 68.04p in 2025, 70.1p in 2026, and 74.02p in 2027, an investor holding around 513 shares (£10,000-worth) would receive annual dividend payments of about £349 in 2025, £359 in 2026, and £380 in 2027. This is equal to a projected yield rising from around 3.55% to 3.86% over the period. In turn, this showcases Greggs’ commitment to increasing…
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[ad_1] Image source: Getty Images When it comes to building long-term wealth, few strategies are as powerful as starting early and letting compounding do the heavy lifting. This is why I started a Junior SIPP (Self-invested Personal Pension) for my daughter shortly after she was born. My daughter is currently one (p.s. that’s not us in the picture) and her SIPP is already worth a little under £4,000. However, that’s just the start. Let’s explore how it can grow. Compounding for an early retirement I recently ran the numbers on my daughter’s Junior SIPP, assuming £300 monthly contributions (that’s £240…
[ad_1] Image source: Getty Images. I believe these high-growth investment trusts and exchange-traded funds (ETFs) could be excellent wealth creators over the next decade. Here’s why they’re worth further research today. Polar Capital Technology Trust The technology sector is packed with investment potential. US chip-making giant Nvidia‘s rise to become the most expensive company in history (market cap: $3.92trn) on Thursday (3 July) underlines this point. But while megatrends like artificial intelligence (AI), robotics and cloud computing are tipped for stratospheric growth, knowing which companies to buy to capitalise on them can be difficult. BlackBerry and Yahoo! are just a…
[ad_1] This shouldn’t happen in a well-functioning stock market: a grownup industrial company, listed in London since 1988, with revenues of £1.3bn last year and pre-tax profits of £191m, is being taken out by private equity at a 96% premium to the pre-action share price. How can a business be worth twice as much in private hands than on the public markets?The company is Spectris, a low-profile but high-quality FTSE 250 maker of precision instruments and testing equipment used in everything from food manufacturing to automotives. The buyer is KKR with an agreed offer of £4.1bn that beats fellow US…
[ad_1] This fourth of July, U.S. Secretary of Transportation Sean Duffy is on a mission: to get America driving more than ever before. To be fair, that’s been the tacit project of pretty much every secretary of the agency that’s helped build America’s auto-centric transportation network for the last century. But it’s perhaps never been more cartoonishly overt than it was on May 29, when US DOT kicked off a literal summer drive-a-thon with its “first annual Great American Road Trip Expo.”The event transformed the lawn outside the department’s New Jersey Avenue headquarters into an open-air car dealership, complete with…
[ad_1] Image source: Getty Images A couple of FTSE 250 investment funds in a similar business both have juicy yields at the moment. One offers just below 9%, while the other is even higher. Could those yields last – and ought I to buy the shares in question for my portfolio? Making money from the sun The 8.9% yielder is Bluefield Solar Income Fund (LSE: BSIF), while 9.3% is on offer at Foresight Solar Fund (LSE: FSFL). Over the past five years, however, those two shares’ prices have fallen 25% and 21%, respectively. That partly explains the high yields. Another…
[ad_1] Bridgewater Associates founder Ray Dalio discusses response to the U.S. debt on ‘The Claman Countdown.’ Congress officially passed President Donald Trump’s “big, beautiful bill,” and billionaire Ray Dalio is warning about the possible economic consequences, which could include spending cuts, major tax increases and massive money printing. “Unless this path is soon rectified to bring the budget deficit from roughly 7% of [gross domestic product] to about 3% by making adjustments to spending, taxes, and interest rates, big, painful disruptions will likely occur,” Dalio, the founder of Bridgewater Associates, wrote in a post on X Thursday.Dalio said the bill,…
[ad_1] Buyers should keep an eye on the possibility of rate cuts in the next few months. Tharon Green/CNETMortgage rates are holding near a two-month low, with average 30-year fixed rates having fallen just below 6.7%, according to Bankrate data. After weeks of hovering close to 7%, it’s a positive sign in today’s unaffordable housing market. But it’s unclear how much staying power the recent decline will have. Thursday’s Bureau of Labor Statistics job report showed slightly lower unemployment in June (4.1% compared to 4.2% in May) than economists expected. Because stronger economic data typically is bad news for mortgage rates,…
[ad_1] Say goodbye to the prospect of a rate cut this summer.Investors have slashed the odds of an interest rate cut from the Federal Reserve this month after data released Thursday indicated the job market was unexpectedly strong in June.The robust jobs report gives the central bank room to keep interest rates elevated, with employment strong and inflation remaining above its 2% target.The report indicated that employers added 147,000 jobs to the economy last month, handily beating expectations of 110,000. In another sign of strength, payrolls for May were revised upward to 144,000, and the overall unemployment rate unexpectedly ticked…
[ad_1] Kinexys by J.P. Morgan, the bank’s blockchain business unit, is developing an innovative application to help tokenize global carbon credits at the registry layer. Exploratory testing is being done with S&P Global Commodity Insights, EcoRegistry, and the International Carbon Registry ( ICR ). EcoRegistry and ICR have successfully completed testing on their respective registry solutions. S&P Global Commodity Insights will start exploratory testing with its environmental solution, Environmental Registry, a customizable registry-as-a-service platform to facilitate better full-lifecycle tracking and management of carbon credits. Testing could also eventually include its Meta Registry. According to Kinexys, global carbon markets face challenges…