Have £1,000 to invest? I’d buy bargain FTSE 100 shares today to get rich and retire early

first_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Peter Stephens | Sunday, 28th June, 2020 | More on: ^FTSE Enter Your Email Address Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Image source: Getty Images. 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. See all posts by Peter Stephenscenter_img 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. Investing £1k, or any other amount, in bargain FTSE 100 shares could be a worthwhile move for long-term investors. The index has the potential to deliver above-average returns due to many of its members currently trading on relatively low valuations that are unlikely to persist over the long run.At a time when other assets may fail to produce the returns needed to transform your capital into a viable retirement nest egg, buying a range of UK shares could be an attractive proposition that helps you to retire early.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…FTSE 100 return potentialThe FTSE 100 has risen from 1,000 points at its inception in January 1984 to trade at over 6,000 points today. Including dividends, that equates to an annualised return in excess of 8%. Such a return on £1,000 invested over a long time, such as 40 years, would lead to a portfolio valued at nearly £22,000.Clearly, building a retirement portfolio will require an investment greater than £1,000 to provide a passive income in older age. However, the example serves to show that investing even modest amounts of money in the index and providing it with the opportunity to compound can lead to surprisingly large nest eggs.Investing todayInvesting in FTSE 100 shares today could produce even higher returns over the coming years than has been the case in its past. The index may have returned 8% per year over the last 36 years, but its progress has not been smooth. At times, it has declined sharply. In other periods, it has made very strong gains.Investing during the former may allow you to benefit to a greater extent from the latter. In other words, a strategy that seeks to take advantage of the index’s current low valuations through buying bargain shares may lead to higher capital returns.For example, FTSE 100 sectors such as banking, retail, resources and many others currently contain high-quality businesses that trade well below their price levels from six months ago in many cases. Although they may take time to recover, buying them now may enable your portfolio to ride a wave of recovery over the coming years as fiscal and monetary policy stimulus has a positive overall impact on asset prices.Retiring earlySeeking to retire early through buying FTSE 100 shares has been a common strategy for many investors over recent decades. However, it is likely to become increasingly popular as low interest rates cause the return prospects for cash and bonds to decline, while high house prices may limit the returns available on buy-to-let properties.As such, now could be the perfect time to start buying bargain UK shares. They could produce high returns that improve your portfolio’s performance in the coming years and increase the chances of your being able to retire early. Have £1,000 to invest? I’d buy bargain FTSE 100 shares today to get rich and retire early 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. 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. Our 6 ‘Best Buys Now’ Shareslast_img read more

3 ways to connect through co-working spaces

first_img continue reading » Co-working spaces are a fast-growing phenomenon that have emerged as the rise of the gig economy and other self-employed entrepreneurs has created the need for affordable locations for innovative spirits to commune and create.They’re also a natural fit for credit unions, a movement that began as tiny savings and loan pools that has grown into a network of full-blown financial services institutions hard-wired to collaborate on ideas and resources.A report by Emergent Research for the Global Coworking Unconference Conference predicts the number of U.S. co-workers to grow from 331,000 in 2015 to 754,000 this year to nearly 1.1 million in 2022. The same report pegs the number of co-working spaces at 14 in 2007, 5,026 this year, and a predicted 6,219 in 2022. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

CWI sets timelines for consultation, implementation of recommendations

first_imgCRICKET West Indies (CWI) have established timelines for consultation and implementation of the recommendations of the Wehby Report.CWI Board of Directors proposed a way forward following a presentation by president Ricky Skerritt of a Board Paper entitled ‘Governance Reform Report – Next Steps’.The paper called for the Board of Directors, Territorial Boards and their members, and all stakeholders, to do all that is possible to stimulate, encourage and facilitate the reading, discussion and consultation of the report, which was widely distributed on August 17, 2020.According to Skerritt, Senator Don Wehby has offered to make himself and other Task Force members available to provide explanations and facilitate constructive discussion on the report’s findings, if needed. The paper encouraged all stakeholders to engage in any consultation they deemed necessary to help pave the path forward towards implementation.“There will be COVID19-related timing challenges, and likely political head-winds ahead, but I assure all stakeholders and lovers of West Indies Cricket that I will personally champion the important process of CWI Governance Reform, no matter how long it takes now that CWI has received and distributed such a pragmatic and do-able cricket-centric report from Senator Wehby and his team of highly qualified and experienced advisers,” Skerritt said.“Hopefully good sense will prevail, and CWI will show the world that we are serious about modernisation and improvement.”According to the Board paper, the first deadline is for the report reading and consultation process to be completed by Friday, October 16, 2020. But that would depend on the ability of Territorial Boards to effectively consult with their membership under the COVID-19 protocol group gathering limitations.During the same period, CWI will be seeking advice on legal processes and actions that would be required to implement the recommendations of the report. The Board paper also calls for final feedback from CWI Board members and Territorial Boards to be documented and submitted to CWI by the middle of November.Any resulting suggestions and decision-making, including actual resolutions for change of Articles, should be completed by November 26 and put before an Extraordinary General Meeting (EGM) which CWI hopes can take place face-to-face by the middle of December 2020. (Sportsmax)last_img read more

Dominica police issue warning to curfew breakers

first_imgThe police in Dominica on Wednesday issued a warning to residents who break the curfew imposed on the island following the passage of Hurricane Maria last month. The warning noted there would be an increase in law enforcement officials in the capital to “prevent any possibility of lawlessness.”102 arrested Acting Police Commissioner Davidson Valerie, speaking at the daily news briefing on the progress being made following the passage of the Category 5 storm on September 18, said that 102 people have been arrested for breaking the curfew and will be prosecuted.Up to six months in jailHe said on conviction, a person risk facing a fine of up to EC$5,000 and up to six months in jail.On Tuesday, the Ministry of Justice, Immigration and National Security said that based on the advice of the Chief of Police, the curfew hours had now been changed 10.00 pm to 5.00 pm instead of the previous 6.00 pm to 6.00am (local time).It said that the change, which goes into effect immediately, is “to facilitate economic activity.Roseau returning to normalcy“The city of Roseau is returning to a state of normalcy and security in the city is becoming more stable. There is, however, still a need for enhanced security and vigilance. All citizens are advised to comply with the curfew hours as stated,” the government said, after it had earlier this month announced a relaxation of the curfew in outlying areas.The storm killed at least 28 people and left billions of dollars in damage when it made its way through Dominica last month.For more on the on the Dominica curfew, visit the link: Curfew revision announced by Dominica’s PMlast_img read more

Kayihura hails Crested Cranes ahead of CECAFA clash with Tanzania

first_imgUganda’s Crested Cranes take on Tanzania Sunday in the CECAFA semifinals. PHOTO FUFA MEDIACECAFA WOMEN semifinals:SundayKenya v Ethiopia 1:30 p.mUganda v Tanzania 3.30pmFriday Tanzania 0 Ethiopia 0ThursdayUganda 1 Burundi 0Kenya 11 Zanzibar 0WednesdayEthiopia 3 Rwanda 2TuesdayUganda 9 Zanzibar 0Kenya 4  Burundi 0EarlierZanzibar 1 Burundi 10 Uganda 0 Kenya  4Rwanda 2 Tanzania 3GROUP A: Uganda, Kenya, Burundi, ZanzibarGROUP B: Ethiopia, Tanzania, RwandaThe Inspector General of Police Gen Kale Kayihura has hailed Uganda’s Crested Cranes ahead of their CECAFA women’s tournament semifinal clash with Tanzania.Kayihura met the players and officials in Jinja where the tournament is taking place. “We are very proud of you,” he said, adding, ‘Thank you for representing our country with passion and energy. I wish you the best in the upcoming matches.”Uganda qualified for the semifinals of the inaugural CECAFA women’s football tournament on Thursday when a Fazila Ikwaput first half goal handed them their 2nd straight win. Uganda were second in their group behind Kenya, who beat them in the opening match.The Uganda national women football team – Crested Cranes-  take on Tanzania who topped their group courtesy of a throw of the coin after their final game with Ethiopia ended goalless on Friday.The tournament has attracted international and local attention, a fact that has had soccer governing body FUFA get praise from the Council of East and Central Africa Association (CECAFA) Secretary General Nicholas Musonye.“I want to thank everyone for their respective endeavors to make this tournament a complete success. FUFA took upon the initiative to host the tournament without any sponsorship and we commend them for taking the big risk,” Musonye told the press on Saturday.“The media has publicized the tournament so well. Government has provided the healthy political climate to enable the tournament progress successfully,” added Musonye, who was flanked by tournament chief organiser Rogers Byamukama and CECAFA media officer Rogers Mulindwa“To all the fans, you have exhibited a true CECAFA spirit of not only supporting the home team but attending each and every match that has been played.” Share on: WhatsApplast_img read more