Bitcoin and forex are unlikely to make you wealthy. But a Stocks and Shares ISA could do so “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address When it comes to making money from the world’s financial markets, you have no shortage of options these days. Forex, cryptocurrencies, stocks, funds, ETFs, commodities… These are just some of the ways you can potentially generate profits.Some financial strategies are more likely to make you wealthy than others, however. If you’re serious about generating wealth, I say forget about cryptocurrencies and forex trading, and instead, put your money into a Stocks and Shares ISA. 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…Bitcoin and forex: don’t believe the hype It’s easy to see why cryptocurrencies such as Bitcoin have caught the attention of many investors. Had you bought a decent amount of Bitcoin a decade ago, you’d probably be a millionaire by now. Yet looking ahead, I think it’s unlikely Bitcoin will generate the same returns for investors. The chances of Bitcoin being adopted as a proper currency look slim. Meanwhile, regulators are cracking down on cryptocurrencies in a big way. This means there is now more downside risk. If your goal is to build real wealth, I’d steer clear of Bitcoin.I’d also steer clear of forex trading. Why? Simply because the majority of forex traders lose money. Just look at the stats. According to forex.com, 72% of retail investor accounts on its platform lose money. Meanwhile, on fxcm.com, it says 75% of retail investor accounts lose money. Of course, there are plenty of forex traders that do make good returns trading the world’s currency markets. However, becoming a top forex trader is not easy.Stocks and Shares ISA: the easy way to build wealthIf you’re looking for a straightforward way to build wealth, I think you’re better off putting your money into a Stocks and Shares ISA. With this type of ISA, you can invest your money in a wide range of wealth-building assets. And any gains you make will be completely tax-free.With a Stocks and Shares ISA, you have plenty of investment options.One option is to invest in a global equity fund such as Fundsmith Equity. This is a top-performing investment fund that owns stocks such as Microsoft, PayPal, and Unilever. It has returned about 20% per year over the last five years.Another option is to invest in an investment trust such as Scottish Mortgage Investment Trust. This is a tech-focused investment trust that owns stocks such as Amazon, Tesla and Netflix. This trust’s share price has risen about 230% over the last five years.You also have the option to invest in individual companies yourself. For example, you could buy shares in companies that you know such as Apple, Alphabet (Google), or JD Sports Fashion. All of these companies have delivered strong returns for investors in recent years.Alternatively, you could invest in fast-growing smaller companies. Smaller companies are generally riskier than large companies, however, they tend to produce higher returns. For example, video game company Keywords Studios has turned a £2k investment into about £22k in just five years.Invest £500 a month into a Stocks and Shares ISA and earn 10% per year on your money, and you’re looking at a one million pound investment portfolio in around 30 years. With a simple investment strategy, it’s very easy to build real wealth within a Stocks and Shares ISA. See all posts by Edward Sheldon, CFA Image source: Getty Images. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. Edward Sheldon, CFA | Saturday, 18th July, 2020 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. Edward Sheldon owns shares in Microsoft, PayPal, Unilever, Keywords Studios, Scottish Mortgage Investment Trust, Alphabet, Apple, and JD Sports Fashion and has a position in Fundsmith. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool’s board of directors. The Motley Fool UK owns shares of and has recommended Alphabet (C shares), Apple, Microsoft, Netflix, PayPal Holdings, and Tesla. The Motley Fool UK has recommended Keywords Studios and Unilever and recommends the following options: long January 2021 $85 calls on Microsoft, short January 2021 $115 calls on Microsoft, and long January 2022 $75 calls on PayPal Holdings. 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. 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. 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Demand Propels Home Prices Upward 2 days ago Subscribe About Author: David Kittle in Daily Dose, Featured, Market Studies, News The future of many companies—success or failure—could be decided by one specific characteristic, and it’s not in margin increase or hedging profitability. It’s whether or not companies are committed to entering the diverse minority lending markets.Traveling the country and speaking to mortgage banker groups and State Associations, one thing is clear: most of the audience is over 50, male, and white. There’s very little youth or minority represented in the audience.Who will be the successors to the mortgage industry, the next generation of leaders? When posing this question to the audience, one response is companies are recruiting and hiring younger, more diverse sales staff. Great! But, why aren’t they sending them to the meetings and conferences? Where’s the long-term investment towards internal practices? It’s important enough for executives and leadership teams to attend, so why not the company’s future as well?Diversity must be a cultural change inside companies, and not just at the board level. According to the Joint Center for Housing Studies (JCHS) at Harvard University, as many as 17 million new U.S. households will be formed from 2010 to 2025, and as many as 13 million of these new households could be comprised of minority families.How will lenders communicate with the future borrower—and not just at the origination of the loan, but throughout the entire process all the way to servicing?Maria Zywiciel, President of the National Association of Hispanic Real Estate Professionals (NAHREP), had this advice:Hire/Partner with companies that not only have diverse consumer expertise but also industry expertiseTake inventory of operations support team. There is generally more diversity represented among the operation ranks than in sales. It could be a great potential opportunity to a career path. Promoting a solid operations employee to sales internally is usually more beneficial than to seeking and hiring inexperienced sales staff outside the company.Attract diverse talent by showcasing senior leadership that is committed to the segments, diversity among the various ranks of the organization, a marketing team that can support their efforts, and a cultural competent operations group.Get involved in trade organizations like the National Association of Hispanic Real Estate Professionals to get to know the movers and shakers and stay actively involved! Don’t be intimidated; engaging with these groups doesn’t require Hispanic heritage or even the ability to speak Spanish to join!The JCHS reports that lending demographics will be up to 70 percent Hispanic, Asian-American, and African-American by 2025, and the Home Mortgage Disclosure Act says if companies are not serving these markets, they could be at risk of redlining! This data should necessitate diverse markets as vital company strategy. With many minorities—in particular Latinos—largely being first-time homebuyers, it’s a market that deserves a concerted approach. That would include not only marketing and fulfillment strategies, but also recruiting strategies to reflect the consumer base.Let’s not forget the reverse side of the youth diversity equation. If reverse mortgage is part of a company’s playbook, then a youthful origination staff can’t develop the relationships necessary to compete in the marketplace. People of age are imperative to the process when discussing an over-62 mortgage product with someone considered a senior citizen. In this arena, hiring age experience goes a long way.In 2025 the minority will be the majority! Companies must prepare and invest now to successfully engage long-term in diversity, or prepare to be left behind. Diversity 2017-07-04 David Kittle The Best Markets For Residential Property Investors 2 days ago July 4, 2017 1,568 Views Tagged with: Diversity Previous: The Stamp of Approval: Ensuring Compliance for Document Services Next: Guaranteed Rate Adopts Automated Asset Verification from AccountChek The Week Ahead: Nearing the Forbearance Exit 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago David Kittle began his mortgage-banking career in 1978 with American Fletcher Mortgage Company. He opened his own company, Associates Mortgage Group, in 1994 selling it in 2006. Kittle is a founding partner, President and Board Vice Chairman of The Mortgage Collaborative, the nation’s premier mortgage cooperative. Kittle is past president of the Louisville and Kentucky Mortgage Bankers Associations. He is past chairman of MBA’s political action committee, MORPAC. He served on MBA’s Board of Directors from 2004 through 2010. Kittle is past Chairman of the Mortgage Bankers Association in Washington, DC, completing his term in October of 2009. He testified fourteen times before Congress and led the industry during its most tumultuous period. David received his CMB designation in 2004. He’s been married to Ellen for 24 years and they have four children. Home / Daily Dose / Diversity: Communicating with the Future Market Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Diversity: Communicating with the Future Market Related Articles Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Print This Post
By Dialogo November 08, 2010 An international gang of drug traffickers detained by the authorities used a hearse to transport drugs in northern Argentina, near the border with Bolivia, the Gendarmes (the border police) announced. The Gendarmes detained seven drug traffickers, three of whom were Bolivians residing in Argentina, and among the items seized in six simultaneous operations was “a hearse-type vehicle belonging to a border mutual society, which was used for transporting drugs.” The vehicle is one normally used to transport coffins in funeral processions, the security force added. In the operations carried out in the northern cities of San Salvador de Jujuy, La Quiaca, and Salta, the Gendarmes also seized “fifty-five kilos of cocaine, a weapon, ammunition, 250,000 pesos (62,500 dollars), and 50,000 dollars, together with items for processing and cutting narcotics and mixing them with other substances.” The organization had been under investigation for seventeen months, the security force indicated.
Indianapolis, In. — The top consumer advocate in Indiana says up to 3.8 million Hoosiers had personal information compromised in the Equifax data breach. Consumer Protection Division director Betsy Isenberg says it’s up to residents to take steps to protect their information.Consumers can complete an Equifax security freeze here or access the state website to place a “freeze” on credit here. Using the “freeze” option does not protect your personal information but will protect your credit if someone tries to access it.Isenberg urges consumers to limit shopping online while using a public Wi-Fi can increase your risk of being compromised. She also says great care should be used when sharing personal information online.Equifax has changed the terms of service post-breach, the terms now says the non-arbitration agreement applies to credit monitoring only, not to the breach.