first_img See all posts by Kevin Godbold Our 6 ‘Best Buys Now’ Shares 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. Image source: Getty Images. How I’d treble my State Pension with £4 a day 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Kevin Godbold has no position in any share 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.center_img “This Stock Could Be Like Buying Amazon in 1997” Kevin Godbold | Monday, 20th January, 2020 Simply click below to discover how you can take advantage of this. 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. Enter Your Email Address With the full amount of the new State Pension in the UK at just £168.60 a week, I reckon most pensioners will need more money than that to live on in retirement.Indeed, just over £8,767 per year will not go very far, so wouldn’t it be a good idea if you could build an additional pot of money on your own, which you could use to add to your State Pension when you retire?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…The financial sacrifice you need to make to achieve a fund capable of trebling your income in retirement (when added to the state’s provision) may not be as great as you think – especially if you start early in your working life. I reckon allocating £4 per day could do it.How it could accumulateSaving that much works out at £1,460 per year, or almost £122 per month. Could you commit, right now, to putting that much away every month for the rest of your working life? If so, you could be in line for a splendid time when you finally stop working and turn your attention to other things.But things will only work out well if you make your money work hard for you over the coming years. And for me, that means investing the money into shares and share-backed investments because studies have shown that over the long term, the returns from that asset class have beaten all the other big classes of assets such as cash savings, bonds and property.In the UK, for example, the long-term average yearly total return from the stock market, in general, is often cited as being around 8%. If you can compound your money at that rate of return and add £122 each month, the online calculator I used suggests you can expect to end up with a pot worth £448,000 after 41 years.How the pot could pay youAnd you can use it then to deliver the income you need in retirement. One option would be to put the money in a FTSE 100 index tracker fund and collect the dividend payments. Right now, the Footsie is yielding north of 4%, suggesting you’d get about £17,920 per year in dividends. Add that to the £8,767 State Pension and you will have more than trebled your income as a pensioner, to £26,687.This illustration ignores the effects of inflation, but you can make sure the buying power of the fund keeps up by increasing the payments every time your income increases while you are paying in. Hopefully, the State Pension will increase over the years to keep up with inflation too.During the building-up phase, before you draw on your pension pot, I’d choose to hold my investments in vehicles that have tax advantages, such as pension schemes and Stocks and Shares ISAs. And within them, I’d consider investing in managed funds, low-cost index tracker funds and carefully selected individual shares.last_img

Published by admin

Leave a Reply

Your email address will not be published. Required fields are marked *