In the quest for a sustainable future, the spotlight has turned towards renewable energy sources, with solar power leading the charge. Among the key players in this transition are the unsung heroes known as Solar PV (Photovoltaic) Installers. These professionals play a pivotal role in bringing solar energy systems to life, contributing significantly to …
In today’s fast-paced world, finding a dental practice that not only meets your oral health needs but also provides financial peace of mind can be a significant relief. When it comes to dental care, many individuals often weigh the costs against the benefits, hoping to strike a balance between quality treatment and affordability. This is where private …
In today’s dynamic business environment, sustainability has transcended its status as a mere buzzword and has emerged as a fundamental aspect of business strategy. As global concerns over environmental conservation continue to intensify, businesses are increasingly compelled to minimise their ecological footprint and embrace sustainable practices. In this comprehensive guide, we’ll delve into the importance …
Cardano (ADA) is a proof-of-stake blockchain. This means that ADA coins need to be made available (i.e. staked) to be used as validators of transactions taking place on the blockchain. ADA holders are thus incentivized by rewards to stake their coins to pools: these are independently run server networks that underpin the proof-of-stake mechanism. Staking rewards come in the form ROA (return of ADA). The concept is similar to how you might earn interest on fiat currency held in a bank account.
Both the US and Europe’s economies are officially in recession. Here in the UK, inflation is at 7% (forecast to rise to 10% in the coming months), with fuel, energy, and food prices being the major concerns for most people. In an effort to curb inflation, the Bank of England is gradually increasing interest rates, meaning the cost of borrowing is going up too. Investors have noted stock markets globally tumbling, and cryptocurrencies have recently experienced the most dramatic of falls. Did I mention we have an ongoing war in Europe too? It all feels quite dystopian. Especially if you’re aged 30 or younger: meaning you were below 18 years of age at the time of the Great Financial Crisis (2008) and therefore haven’t experienced anything like this in your adult life up to now.
Fledgling investors typically have lots of questions, and sometimes a little anxiety. They may have heard investing provides better returns but when it comes to taking the first steps, people often feel overwhelmed, and unsure where to start. Given that investing isn’t taught in schools, all the investing jargon, and the wide range of investing strategies, it’s no wonder some people develop a sort of “investiphobia”.
In January 2021, I decided to transfer my Stocks and Shares ISA from Hargreaves Lansdown to Freetrade. The funds arrived a few days ago, meaning the process took just over a month from initial request to completion.
The Covid-19 Coronavirus pandemic has seen 25% of the value of the S&P 500 wiped out in the last 30 days. People are in quarantine, people are losing their jobs and people are dying. We are living in unprecedented times and many are anxious for what the future holds.
If, like me, you are young, without health issues, and in a stable job that allows you to work from home then you are privileged. It goes without saying that the privileged amongst us must do what they can to support those who are vulnerable. Beyond this, putting social and health issues to one side for just a moment, it is permissible to consider whether there is any silver lining to the current situation. Indeed, as distasteful as it may sound, those belonging to Generation Y or Z, in particular, should reflect on whether this crisis might equally veil opportunity. I am referring to a much-needed break for young people: to be able to invest in stocks at prices below “fair value” for the first time in their lives!
Let me start by saying that stocks and bonds are not mutually exclusive. Indeed, a smart investor keeps a balanced and diverse portfolio that reflects their age, attitude to risk and personal set of circumstances. That said, as we go into 2020, if your portfolio is sitting heavy in equity investments you may wish to look at redistributing some of that towards bonds. Now, let me explain why…
