Forget Bitcoin! I’d buy cheap FTSE 100 dividend shares to make a million

first_imgSimply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Global equity indexes, such as the FTSE 100, aren’t the only asset class to have experienced significant falls in recent weeks. The price of Bitcoin has dropped by over 10% since mid-February, with investors apparently becoming increasingly concerned about its future prospects.While this may encourage some individuals to purchase Bitcoin, due to its lower price, buying FTSE 100 shares instead could be a better idea. They may offer better value for money, have more dependable recovery potential, and could improve your chances of making a million.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…ValuationThe FTSE 100’s recent decline means the index now yields 5%. This is among its highest ever levels, and suggests it offers good value for money. In addition, many of its members currently trade on ratings that are substantially below their long-term averages.This may make them attractive buying opportunities, since their valuations include wide margins of safety that factor in the potential for a worsening in the global economic outlook.By contrast, assessing whether Bitcoin offers good value for money following its recent fall is much more challenging. The virtual currency doesn’t have any fundamentals, so potential buyers cannot use data to determine whether it is undervalued or overvalued.Moreover, having a limited size and likely to experience competition from other virtual currencies in future, it may be unable to live up to current investor expectations. As such, its prospects could be somewhat challenging.Recovery potentialThe FTSE 100, however, has a long track record of delivering successful recoveries following its corrections and bear markets. It has been in existence for over 36 years and, in that time, has experienced challenges such as the 1987 crash, the tech bubble bursting, and the global financial crisis.It has been able to recover from all of those crises, and many others, to post new record highs. Therefore, while it’s not known when a recovery will commence, it seems likely the FTSE 100 will ultimately deliver a turnaround after its recent decline.Bitcoin, on the other hand, has a history of volatility. Certainly, it’s  risen by an exceptional amount over the past decade. But, its performance over recent years suggests it has lacked a clear direction, and has been subject to sudden changes in investor sentiment. Therefore, there can be no guarantee that it will recover to the $20,000 price level which it was close to achieving in 2017.Buying opportunityAlthough buying FTSE 100 shares right now may seem to be a highly risky move, in the long run they could deliver strong returns. Long-term investors who are able to overcome paper losses in the near term may be able to buy high-quality FTSE 100 shares while they trade on low valuations. This could increase their chances of making you a million in the coming years. Peter Stephens | Sunday, 8th March, 2020 Forget Bitcoin! I’d buy cheap FTSE 100 dividend shares to make a millioncenter_img Our 6 ‘Best Buys Now’ Shares Image source: Getty Images Enter Your Email Address Peter Stephens has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. See all posts by Peter Stephenslast_img read more

Found its happy? Rightmove share price edges towards historic £50 high

first_imgHome » News » Found its happy? Rightmove share price edges towards historic £50 high previous nextProducts & ServicesFound its happy? Rightmove share price edges towards historic £50 highFavourable analyst reports and juicy profits last year have helped push up portal’s stock value dramatically over the past three months.Nigel Lewis1st June 201801,214 Views Rightmove shares are about to break the £50 barrier for the first time as the portal’s popularity with investors has seen its stock enjoy a three-month money-making run.This will be an historic high for the company’s shares, which were launched in 2006 at £3.35p each, valuing the company at £425 million.This means anyone who bought shares worth £100,000 then could now cash them in for £1.25 million.Also, Rightmove’s share price has increased by 19% since early March from £41.8p a share to £49.70p today.This values the company at £4.45 billion, or almost exactly twice that of Zoopla, even at ZPG recently inflated takeover stock value, and a staggering 27 times Rightmove’s forward earnings forecast.The huge and ongoing increases in Rightmove’s share price have been attributed by experts to several City investment analyst reports including  those from Peel Hunt, JP Morgan and Liberum Capital.Rightmove’s growthRightmove has also been delivering what the City likes – growth. Its annual report for 2017 published in March revealed yet another year when turnover, profits and shareholder dividend increased year-on-year. During 2017 it increased its monthly revenue from agents by 10% to £922.Rightmove has also been helped by Zoopla’s recent lock-stock purchase by US private equity firm Silver Lake, which put a similar move by Rightmove in the spotlight.Following the flotation during the heady days before competition in the form of Zoopla or OnTheMarket, Rightmove’s agent shareholders were Countrywide with 22.5% and both Connells and Halifax Estate Agency Services with 21.7% each.peel hunt# jp morgan liberum capital rightmove share price June 1, 2018Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img read more

Freeport Man Sentenced for Murdering Wife

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A Freeport man was sentenced Tuesday to 20 years to life in prison for killing his 22-year-old wife and then lighting a fire in the family’s home in an attempt to cover up the crime three years ago.Loventino Cassadean had pleaded guilty last year at Nassau County court to second-degree murder.“This case should serve as a reminder that we must be vigilant in our efforts to end domestic violence and punish the abusers,” Acting Nassau County District Attorney Madeline Singas said.Prosecutors said that the 52-year-old man repeatedly stabbed his wife, Felicia Cassadean, with a knife in a residence on Craig Avenue on Sept. 3, 2012. He then lit a fire in the residence.Freeport Department and the firefighters responded, extinguished the flames and found the victim’s body inside. The victim’s two children were visiting her mother in Guyana at the time.Nassau County police arrested Cassadean shortly after the victim’s body was found.last_img read more