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New investors could invest $1,000 into these top ASX shares – Motley Fool Australia

Here’s why I think new investors might want to consider investing $1,000 into Afterpay Ltd (ASX:APT) and these ASX shares…

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While investing $1,000 into the share market may not seem like it will change your life, it certainly can if you do it frequently on a long-term basis.
For example, if you were to invest $1,000 into ASX shares every three months ($4,000 per year), and continued doing this for 30 years, you could amass a small fortune.
Based on an average total return of 9.2% per annum, these investments would grow to be worth approximately $620,000 after 30 years.
Think you can afford a little more? Invest $2,000 every quarter ($8,000 a year) and at the end of the period you would have just under $1.25 million.
With that in mind, I thought I would pick out three top shares which I think could be great options for that first $1,000 (or $2,000) investment. Here they are:
I think a2 Milk Company would be a great option for that first $1,000 investment. Although the infant formula and fresh milk company has been growing at a very strong rate over the last few years, I believe it still has a long runway for growth. Especially given the increasing demand for its infant formula products in the China market. Another positive is that the company has a sizeable cash balance which could be used to boost its growth through earnings accretive acquisitions.
I think this payments company could be a great long term investment option for that $1,000. I believe Afterpay is well-positioned for strong growth over the next decade thanks to the growing popularity of buy now pay later with consumers and merchants, the accelerating shift to online shopping, and its international expansion opportunity. All in all, I believe Afterpay is on a path to becoming a giant of the payments industry.
A final option for a $1,000 investment is this global biotherapeutics giant. Thanks to CSL’s portfolio of high quality therapies and vaccines and its high level of investment in research and development, I believe CSL is well-positioned to continue growing its earnings at a solid rate for a long time to come. And with the CSL share price down almost 20% from its high, now could be an opportune time to invest.
5 stocks under $5
We hear it over and over from investors, “I wish I had bought Altium or Afterpay when they were first recommended by The Motley Fool. I’d be sitting on a gold mine!” And it’s true.
And while Altium and Afterpay have had a good run, we think these 5 other stocks are screaming buys
. And you can buy them now for less than $5 a share!
See the 5 stocks
*Extreme Opportunities returns as of June 5th 2020

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Be Like Buffett: “Bet on America” With These 3 Stocks to Buy Now – The Motley Fool

The one thing the billionaire investor’s always bullish on is America.

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Warren Buffett believes in America — that it will recover from a recession and from the COVID-19 pandemic. At a virtual shareholders’ meeting in May, the legendary head of Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) told investors that “nothing can basically stop America” and that “the American magic has always prevailed and it will do so again.”
And Berkshire’s portfolio is full of top U.S. stocks — banks, consumer goods, healthcare companies and more — that will rise and fall along with th…

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12,000 workers still stranded on cruise ships in American waters because of coronavirus – MSN Money

It’s a bizarro Cast Away.

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Its a bizarro Cast Away.
© APU GOMES
A man wearing a face mask as a preventive measure against the spread of the COVID-19 Coronavirus, looks at Cruise Ships docked at the port due to a no-sail order in Long Beach, California on April 11, 2020. (Photo by Apu GOMES / AFP) (Photo by APU GOMES/AFP via Getty Images)
At least 12,000 crew members are still stranded on cruise ships in U.S. waters because of the coronavirus pandemic, USA Today reported.
More than 40,000 people were stranded worldwid…

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Saudi Aramco’s profit plunges, sees signs of oil market recovery – Fox Business

All major oil companies have taken a hit in the second quarter as lockdowns to contain the coronavirus limited travel.

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DUBAI – State oil giant Saudi Aramco’s profit plunged 73% in the second quarter of the year, as a slump in energy demand and prices due to the coronavirus crisis hit sales at the world’s biggest oil exporter.
But the company stuck with plans to pay $75 billion in dividends this year and CEO Amin Nasser said global oil demand was recovering.
APPLE LEAPFROGS ARAMCO, NOW WORLD’S BIGGEST COMPANY
All major oil companies have taken a hit in the second quarter as lockdowns to contain the coronavirus…

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