5 Stocks for Trying To Build Wealth After 50
If you’re aiming to get your finances on track and you’re in or near retirement, then here’s your chance to claim a FREE copy of an exceptional investing report featuring 5 stocks that The Motley Fool UK is expressly recommending for INVESTORS aged 50 and OVER to consider investing in!
Compare Our Services
Find an investing service that’s right for you!
Ten Steps To Financial Freedom
Smarter, Happier, and Richer: read our Foolish guide to getting your finances in order.
The stock market is looking shaky, but Roland Head says he’s starting to see buying opportunities among the companies on his watchlist.
Image source: Getty Images
Many of my shares have fallen in recent days, as we’ve seen a fresh bout of stock market volatility. In this piece, I want to explain what I’m doing with my portfolio in the face of these tough conditions.
Stock markets are falling as investors price in a growing risk of recession in key markets such as the US and UK. Fears of a slowdown were stoked last week by warnings from US retail giants Walmart and Target of surging costs and slowing sales.
Inflation Is Coming
Inflation is out of control, and people are running scared. But right now there’s one thing we believe Investors should avoid doing at all costs… and that’s doing nothing. That’s why we’ve put together a special report that uncovers 3 of our top UK and US share ideas to try and best hedge against inflation… and better still, we’re giving it away completely FREE today!
Click here to claim your copy now!
Here in the UK, many otherwise healthy businesses are warning of the impact of rising costs and supply chain problems. One small company I follow expects a delay of up to one year on some electronic components, for example.
The situation isn’t easy. But recessions come and go quite regularly, in historical terms. As a long-term investor, my aim is to look through short-term headwinds and focus on staying invested in good businesses.
A reality check is probably useful too. So far this year, the FTSE 100 has fallen by less than 5%. Over the last 12 months, the index is still up 5%. Not exactly a crash.
My investing strategy is to focus on individual companies, rather than big picture trends. I know I can’t predict what will happen to the economy over the next 12 months. So I don’t try. Instead, I spend my time and energy understanding the things I can control.
For example, I can make sure I invest in companies that have high profit margins and a track record of growth. I can choose to avoid businesses with too much debt, wafer-thin profit margins and slowing sales.
Once I own a stock, I try and follow Warren Buffett’s advice that investors should ignore share price movements “as long as you’re comfortable with the holding”.
Buffett is known for his focus on owning good businesses and ignoring short-term share price slumps. That’s my ambition too.
Even though I write about shares nearly every day, I don’t check my portfolio all that often. What I’m more likely to do regularly is to look for buying opportunities. These might be shares I already own, or companies on my watchlist that I’d like to buy when the price is right.
Right now, I’m starting to see more of these opportunities opening up. I expect to be buying shares over the coming weeks.
The only stock I’m planning to sell right now is FTSE 250 firm Homeserve, which has just received a takeover bid. Instead of waiting for the bid to complete later this year, I’ll probably sell the shares now at a small discount to the bid price. This will free up some cash for me to add new shares to my portfolio.
Overall, I’m excited by the long-term opportunities I can see for my portfolio.
6 shares that we think could be the biggest winners of the stock market crash
The hotshot analysts at The Motley Fool UK’s flagship share-tipping service Share Advisor have just unveiled what they think could be the six best buys for investors right now.
And while timing isn’t everything, the average return of their previous stock picks shows that it could pay to get in early on their best ideas – particularly in this current climate!
What’s more, all six ‘Best Buys Now’ are available to access right now, in just a few clicks.
All you need is an email address to get started
Roland Head has positions in Homeserve. The Motley Fool UK has recommended Homeserve. 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.
Should you invest the value of your investment may rise or fall and your Capital is at Risk. Before investing your individual circumstances should be considered, so you should consider taking independent financial advice.
13 June, 2022 | Charlie Carman
Cybersecurity growth stock Darktrace is down nearly 11% this year after facing a series of challenges. Our writer considers whether…
Read more »
13 June, 2022 | Andrew Woods
The Taylor Wimpey share price is down, so should I buy now in the face of a rapidly changing UK…
Read more »
13 June, 2022 | Stephen Wright
Our writer thinks that inflation, rising interest rates, and the chance of a recession make a stock market recovery in…
Read more »
13 June, 2022 | Jabran Khan
Jabran Khan delves into B&M’s recent FY22 results and decides if he should add further B&M shares to his portfolio…
Read more »
13 June, 2022 | Alan Oscroft
It’s not just wealthy people who can enjoy a passive income. I think anybody can do it, starting small and…
Read more »
13 June, 2022 | Dr. James Fox
BP shares have taken quite a hit over the past few days, wiping out most of May’s gains. So, is…
Read more »
13 June, 2022 | Andrew Woods
It is always tempting to close out losing positions. However, experience has taught me to buy the dip when the…
Read more »
13 June, 2022 | Alan Oscroft
The Woodbois share price has already climbed more than 80% from its 52-week low. Could there be a further doubling…
Read more »
View All
From 2015-2019, this UK company saw its revenues increase 38.6%, its net income go up 19.7x, and since 2012, revenues from regular users have almost DOUBLED.
We think the opportunity here really is astounding. In fact, one of its own board members recently snapped up 25,000 shares using their own money…
So why sit on the side lines a minute longer? You could have the full details on this company right now.
To get your copy of this research report for FREE, simply click the button below.
Click here for all the details!
Visit our broker comparison centre to see our top-rated picks and to apply online!
To make the world Smarter, Happier, And Richer
Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show and premium investing services.
Read more about us >
We have taken reasonable steps to ensure that any information provided by The Motley Fool Ltd, is accurate at the time of publishing. Any opinions expressed are the opinions of the authors only. The content provided has not taken into account the particular circumstances of any specific individual or group of individuals and does not constitute personal advice or a personal recommendation. No content should be relied upon as constituting personal advice or a personal recommendation, when making your decisions. If you require any personal advice or recommendations, please speak to an independent qualified financial adviser. No liability is accepted by the author, The Motley Fool Ltd or Richdale Brokers and Financial Services Ltd for any loss or detriment experienced by any individual from any decision, whether consequent to, or in any way related to the content provided by The Motley Fool Ltd; the provision of which is an unregulated activity.
The value of stocks, shares and any dividend income may fall as well as rise and is not guaranteed, so you may get back less than you invested. You should not invest any money you cannot afford to lose, and you should not rely on any dividend income to meet your living expenses. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, administrative costs, withholding taxes and different accounting and reporting standards. They may have other tax implications, and may not provide the same, or any, regulatory protection. Exchange rate charges may adversely affect the value of shares in sterling terms, and you could lose money in sterling even if the stock price rises in the currency of origin. Any performance statistics that do not adjust for exchange rate changes are likely to result in an inaccurate portrayal of real returns for sterling-based investors.
Fool and The Motley Fool are trading names of The Motley Fool Ltd. The Motley Fool Ltd is an appointed representative of Richdale Brokers & Financial Services Ltd who are authorised and regulated by the Financial Conduct Authority (FRN: 422737). In this capacity we are permitted to act as a credit-broker, not a lender, for consumer credit products. We may also publish information, opinion and commentary about consumer credit products, loans, mortgages, insurance, savings and investment products and services, including those of our affiliate partners. We do not provide personal advice and we will not arrange any products on your behalf. Should you require personal advice, you should speak to an independent, qualified financial adviser.
The Motley Fool Ltd. Registered Office: 5 New Street Square, London EC4A 3TW. | Registered in England & Wales. Company No: 3736872. VAT Number: 188035783.
© 1998 – 2022 The Motley Fool. All rights reserved. The Motley Fool, Fool, and the Fool logo are registered trademarks of The Motley Fool Holdings Inc.
