Image source: Getty Images Imagine putting £100k into one share in a SIPP and then sitting back to see the holding grow in value to £1.3m. I know, £100k is a lot to invest – especially as I believe in keeping a SIPP diversified, so I would not invest £100k in one share unless I had a much larger pool of money in my SIPP to invest. Still, turning £100k into £1.3m sounds excellent to me! In this example, I am not even presuming any share price increase. A growing share price could speed things up, though the reverse is…
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Purpose Built Moto (PBM), led by the talented Tom Gilroy, is a renowned custom motorcycle shop in Australia. Known for their exceptional craftsmanship and innovative designs, PBM has a long waiting list for their services. Michael, a passionate motorcycle enthusiast, was eager to give his Royal Enfield Interceptor a PBM makeover. While he patiently awaited his turn, he took the initiative to start the customization process himself. Michael began by modifying the fuel tank. He added a stylish metal strap with circular cutouts and stripped the original paint, replacing it with a sleek grey finish. Customizing a Royal Enfield: Purpose…
Ford has issued a recall for nearly 25,000 Super Duty trucks due to a faulty tailgate top-mounted rearview camera. The issue arises from water ingress into the Tailgate Park Assist Sensor Interface Module, causing intermittent camera function or a completely black screen. This problem was first identified in February 2024 when a supplier reported a black screen on a 2023 model. Ford’s investigation revealed that out of tolerance connectors and an untested camera bracket were responsible for the water ingress. Ford Recalls 25,000 Super Duty Trucks Over Faulty Tailgate Camera Issues (Ford) Initially, the automaker believed the primary rearview camera…
The electric vehicle world is undergoing a dramatic shift, with traditional automakers like Ford facing significant challenges. The once-promising F-150 Lightning envisioned as a modern icon, has become a symbol of the industry’s struggles. Overstocked dealerships and waning demand have compelled Ford to halt production at its Dearborn plant, a stark indication of the complexities and uncertainties in the burgeoning EV market. Ford Faces Hurdles in EV Market as F-150 Lightning Production Halts Due to Low Demand (Ford) Ford’s decision to pause production underscores the broader challenges facing traditional automakers as they transition to electric vehicles. Despite substantial investments and…
Profound change swept across the electoral map on its way to upending Washington, DC, last week. But how much has truly changed for economic and investment conditions? In the last-minute anticipation and then immediate reaction to Donald Trump’s victory on Tuesday, nearly everything broke in favor of risk markets. A quick and decisive election result instantly released pent-up tension over the chance of a hung outcome. The apparent likelihood of a Republican sweep in Congress then engaged the old 2016 Trump Trade playbook of grabbing for cyclical, small-cap and financial stocks. The S & P 500’s eventual 4.7% jump for…
As Donald Trump emerged victorious in the presidential election Wednesday, stock prices soared. As the stock market rose, the bond market fell. Stocks roared to record highs Wednesday in the wake of news of Trump’s triumph, signaling an end to the uncertainty of the election cycle and, perhaps, a vote of confidence in his plans for the national economy, some economists said.On the same day, the yield on 10-year Treasury bonds rose to 4.479%, a four-month high. A higher bond yield means a declining bond market: Bond prices fall as yields rise.While stock traders rejoiced, bond traders voiced unease with Trump’s fiscal plans. Invest…
The rapidly expanding eVTOL industry is facing a significant challenge: a shortage of skilled personnel. This is particularly true in China, where the National Development and Reform Commission estimates a shortfall of up to one million workers in the UAV sector and the broader low-altitude economy. To address this issue, EHang, a leading Chinese eVTOL manufacturer, has partnered with the Civil Aviation Flight University of China (CAFUC) to foster a new generation of aviation professionals. EHang and CAFUC Partner to Train Skilled eVTOL Operators Amid China’s Aviation Workforce Shortage (EHang) CAFUC, renowned for its expertise in civil aviation, has been…
Chinese investment in Italy is “below potential” and should increase, Italian President Sergio Mattarella said on a visit to Beijing. Italy’s trade with China needs “re-balancing” between import and export, Mattarella told Chinese Premier Li Qiang on Friday, Sky Tg24 reported. Mattarella noted that the value of Italy-China trade doubled from 2016 to 2022 to €74 billion. Italy “cherishes” Chinese investment in the country and encourages Italian investment in China, which reached €15 billion in 2023, Mattarella said. Source link
When anyone asks me to recommend one book on investing, the answer is simple: Benjamin Graham’s venerated “The Intelligent Investor.” The classic written by Graham, the father of financial analysis and value investing, was first published in 1949. One superstar devotee of Graham is Warren Buffett, who was one of his students at Columbia University. After graduation, Buffett worked for Graham’s company, Graham-Newman Corporation, until Graham retired. The revised edition has now landed. In the preface, Buffett weighs in: “I read the first edition of this book early in 1950, when I was nineteen. I thought then that it was…
The YouTube channel “Exploring With BigD” recently discovered a hidden gem in the form of an abandoned mansion. While the location of the property remains a mystery, the mansion itself is a sight to behold. It is massive and was undoubtedly a stunning structure in its heyday. However, it has been abandoned for decades, and parts of it have collapsed. The mansion has also been vandalized since the inhabitants left. Despite the damage, the property still holds a hidden treasure. 1960s Cadillac Found Abandoned and Perfectly Preserved in Hidden Barn (Exploring With BigD/YouTube) An adjacent building houses a classic car,…