As more states begin to reopen, skepticism surrounding Abbott Laboratories’ coronavirus test and other companies’ antibody tests has risen on whether or not they are effect countermeasures for coronavirus. Yahoo Finance’s Anjalee Khemlani joins The Final Round to break down the latest news about the coronavirus.
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Arguably one of the easiest ways to create wealth is by investing regularly with a long term view and taking advantage of the power of compound interest.
Given how much of an impact time has on your potential returns, I feel it is very important to start early and to re-invest as much of your returns as possible.
In addition, if you invest when you’re young, you can afford to take higher risks as you have time to recover from any losses.
With that in mind, here are three top shares that younger investors might want to consider as long term investments:
I think Afterpay could be a great long term investment. It has been growing its underlying sales at an astonishing rate over the last few years after disrupting the payments market with its buy now pay later offering. This service has proven to be incredibly popular with both consumers and retailers and shows no signs of stopping. Another positive is that the company is still only active in the ANZ, UK, and U.S. markets. I believe in time Afterpay will expand into most developed markets, which should underpin strong sales growth for many years to come.
Another option to consider buying is Jumbo Interactive. It is an online lottery ticket seller and the operator of the Oz Lotteries website. I believe it is well-placed to benefit from a shift to online gambling globally. Management certainly believes this will be the case. It is aiming to generate $1 billion in global ticket sales annually through its platform by FY 2022. This will be triple what it achieved in FY 2019.
A final share to consider is ecommerce company Kogan. While the majority of consumer spending is still made in retail stores, more and more of it is being made online. I expect this trend to accelerate in the coming years and drive strong sales and profit growth for Kogan. Especially given the increasing popularity of its products and its growing customer base. A recent update shows that it now has almost 2 million active customers. Other positives include its expansion into other verticals such as energy and mobile and the launch of Kogan Marketplace.
And here is a fourth ASX share which should arguably be a staple in everyone’s portfolio.
One “All In” ASX Buy Alert, that could be one of our greatest discoveries
Investing expert Scott Phillips has just named what he believes is the #1 Top “Buy Alert” after stumbling upon a little-owned opportunity he believes could be one of the greatest discoveries of his 25 years as a professional investor.
This under-the-radar ASX recommendation is virtually unknown among individual investors, and no wonder.
What it offers is an utterly unique strategy to position yourself to potentially profit alongside some of the world’s biggest and most powerful tech companies.
Potential returns of 1X, 2X and even 3X are all in play. Best of all, you could hold onto this little-known equity for DECADES to come
Simply click here to see how you can find out the name of this ‘all in’ buy alert… before the next stock market rally.
Returns as of 6/5/2020
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James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends Jumbo Interactive Limited. The Motley Fool Australia owns shares of and has recommended Kogan.com ltd. The Motley Fool Australia owns shares of AFTERPAY T FPO. The Motley Fool Australia has recommended Jumbo Interactive Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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With most savings accounts offering interest rates of just 1% per annum, if I had $10,000 in an account I would consider putting it to work in the share market instead.
After all, if you invest wisely, you could generate a return ten times that with shares.
But where should you invest $10,000? Three top shares to consider are listed below:
I think a2 Milk Company has the ability to continue its strong growth for a long time to come due largely to increasing demand for its infant formula products in China and its relatively modest market share. In addition to this, the expansion of its fresh milk footprint in the United States should be supportive of its growth in the coming years. Overall, I think it is a great place to invest $10,000 right now with a long term view.
Another option for a $10,000 investment is Bigtincan. It is a provider of enterprise mobility software. This software essentially allows sales and service organisations to improve mobile worker productivity through smart devices. A growing number of blue chip companies such as banking giant Australia and New Zealand Banking Group (ASX: ANZ), sports giant Nike, and global beauty retailer Sephora are using its software. Which I feel is a testament to its quality.
A final option for a $10,000 investment is Bravura Solutions. Bravura is a growing fintech company which provides high quality software and services to the wealth management and funds administration industries. While the company has a number of different products in its portfolio, the key product in my eyes is the Sonata wealth management platform. In the same vein as Bigtincan, it is used to connect and engage with clients anytime, anywhere, via computers, tablets or smartphones.
And here are five fantastic shares that analysts are tipping for big things in the 2020s.
5 cheap stocks that could be the biggest winners of the stock market crash
Investing expert Scott Phillips has just named what he believes are the 5 cheapest and best stocks to buy right now.
Courtesy of the crashing stock market, these 5 companies are suddenly trading at significant discounts to their recent highs… creating what could be incredible opportunities for bargain-hungry investors.
Simply click here to scoop up your FREE copy and discover the names of all 5 cheap shares to buy now… before the next stock market rally.
Returns as of 7/4/2020
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James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of Bravura Solutions Ltd. The Motley Fool Australia owns shares of and has recommended BIGTINCAN FPO. The Motley Fool Australia owns shares of A2 Milk. The Motley Fool Australia has recommended Bravura Solutions Ltd. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
The post Where to invest $10,000 into ASX shares appeared first on Motley Fool Australia.
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There’re few things more exciting than debating about the merits of Australia’s two biggest asset classes on the weekend!
In case you missed that, I am being sarcastic – although the COVID-19 crisis is an opportune point to review your asset allocation.
There have been comments by experts in the press recently that property bears are wrong and that house prices will stay flat or dip by 5% or less right through the pandemic.
If those arguments hold true, property could make a better option than shares, particularly for those who can’t stomach the volatility or are close to retirement.
But there are a few holes in the logic that need to be examined more closely. One of the key arguments from property bulls is that gross rental yields of 5% is very attractive in this near zero-interest rate environment.
The issue I have is that the “gross” means different things when it comes to property and shares. For investment properties, gross rental is the amount the landlord gets before expenses.
This means the actual (or net) return is always going to be lower. The opposite is true for shares that pay franking credits where the net return is before franking.
What this means is that a residential investment property with a gross yield of 5% will likely generate a 2% net return after you pay the rental agent, mortgage, insurance, property taxes, council rates and other operating expenses.
And this assumes you don’t get a vacancy in that current financial year. If you did, you’ll lose another two to three months of rent depending on how long it takes you to find a tenant in this market.
That’s a pretty skinny return, especially if you can get 1% on some bank deposit products – risk free!
Property supporters will point to the falling dividend yield on the S&P/ASX 200 Index (Index:^AXJO), no thanks to the big banks like National Australia Bank Ltd. (ASX: NAB) no doubt!
Nonetheless, even if we assumed a 30% dividend cut across the ASX 200, the net yield is still likely to be over 3% net, or just over 5% gross.
We also shouldn’t forget that rents are falling due to the swelling ranks of the unemployed. Many of them may need more than six months to get back on their feet and I believe this will have a big impact on property prices and their ability to get a home loan.
There are only two possible reasons why an investor will favour residential rents over share dividends. The first is because negative gearing makes it worth their after-tax while. The other is to bank on rising property prices.
If the yield argument is removed, and if you don’t buy the “V” shape recovery for jobs or a resurgence in immigration, then the outlook for home property prices looks bleak.
This is less so for shares as the stimulus from the central bank will have a more direct positive impact on financial assets than real assets.
Whoever coined the term “safe as houses” might need a rethink.
5 “Bounce Back” Stocks To Tame The Bear Market (FREE REPORT)
Master investor Scott Phillips has sifted through the wreckage and identified the 5 stocks he thinks could bounce back the hardest once the coronavirus is contained.
Given how far some of them have fallen, the upside potential could be enormous.
The report is called 5 Stocks For Building Wealth after 50, and you can grab a copy for FREE for a limited time only.
But you will have to hurry — history has shown the market could bounce significantly higher before the virus is contained, meaning the cheap prices on offer today might not last for long.
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Motley Fool contributor Brendon Lau owns shares of National Australia Bank Limited. Connect with me on Twitter @brenlau.
The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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The S&P/ASX 200 Index (ASX: XJO) was on form last week and recorded a 0.25% gain to finish at 5404.8 points.
While a number of shares pushed higher, some climbed more than most. Here’s why these were the best performing ASX 200 shares last week:
The Pilbara Minerals Ltd (ASX: PLS) share price was the best performer on the index last week with a 19.9% gain. This was despite there being no news out of the lithium miner. Some investors may believe its shares have bottomed after falling extremely heavily over the last 12 months. Even after this strong gain, Pilbara Minerals’ shares are down 70% over the period. One broker that isn’t convinced that now is the time to buy is Macquarie. Earlier this month it slapped an underperform rating and 10 cents price target on its shares.
The Southern Cross Media Group Ltd (ASX: SXL) share price wasn’t far behind with an 18.5% gain. This gain appears to have been driven by another broker note out of Macquarie. Its analysts have reinstated coverage on the media company’s shares with an outperform rating and 18 cents price target. It notes that its balance sheet has been strengthened by its capital raising and believes it is well-placed to benefit when ad markets recover.
The Resolute Mining Limited (ASX: RSG) share price was a strong performer and climbed 14.2% last week. Investors were buying Resolute’s shares last week after the gold price surged higher. The precious metal jumped to a three-week high due to stimulus hopes and concerns that a trade war could be brewing between the U.S. and China. A number of other gold miners were close behind including Saracen Mineral Holdings Limited (ASX: SAR) and St Barbara Ltd (ASX: SBM).
The Graincorp Ltd (ASX: GNC) share price was the next best (non-gold miner) performer with a 9.2% gain. This followed the release of a better than expected half year result from the grain exporter. For the six months ended March 31, Graincorp delivered an underlying net profit after tax of $55 million. This was a massive improvement from its $48 million net loss after tax in the prior corresponding period.
Missed out on these gains? Then you won’t want to miss these dirt cheap shares which could be destined for a big rebound.
5 cheap stocks that could be the biggest winners of the stock market crash
Investing expert Scott Phillips has just named what he believes are the 5 cheapest and best stocks to buy right now.
Courtesy of the crashing stock market, these 5 companies are suddenly trading at significant discounts to their recent highs… creating what could be incredible opportunities for bargain-hungry investors.
Simply click here to scoop up your FREE copy and discover the names of all 5 cheap shares to buy now… before the next stock market rally.
Returns as of 7/4/2020
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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
The post These were the best performing ASX 200 shares last week appeared first on Motley Fool Australia.
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