Author: user

A Barbie-themed sports car is set to be showcased at the Classic Car Show in Birmingham. This unique 1967 Aston Martin DB6 was meticulously repaired and given a vibrant pink finish in a workshop in Berwick, East Sussex, after it sustained damage in a rally in Mexico two years ago. The car had overturned during the La Carrera Panamericana event, leaving it heavily damaged and “unrecognisable.” David Pearce-Martin and his team dedicated several months to restoring the vehicle, working to bring it “to its former glory.” He noted that when his client was considering colors for the car, he “jokingly…

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Image source: Getty Images One of the great things about being a UK investor is that a lot of our listed companies return huge amounts of cash to their shareholders every year. With this in mind, here are two high-yield FTSE 100 stocks I’d consider buying for passive income today (if I had the cash). For a bonus, I’ve also highlighted one I’d avoid like the plague. Monster dividend yield Legal & General (LSE: LGEN) shares boast a knockout forecast dividend yield of nearly 10%. This easily makes it one of the biggest payers around. Such a high figure usually…

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Rome has recently implemented new limited traffic zone (ZTL) regulations within its green belt to restrict the movement of higher-emission vehicles, aiming to reduce air pollution in the city. These regulations, which will remain in effect until 31 October 2025, limit access for older vehicles, including gasoline-powered cars up to Euro 2 standards and diesel-powered cars up to Euro 3, as well as gasoline and diesel motorbikes up to Euro 1. However, thanks to recent court rulings following an appeal from the Automotoclub Storico Italiano (ASI), vintage and classic cars are exempt from these restrictions. Rome Classic Vintage Car The…

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In a remarkable turnaround, Hyliion Holdings Corp. (HYLN) stock has soared to a 52-week high, reaching $2.73. This peak comes amidst a broader market rally that has seen many stocks rebound from previous lows. The surge in Hyliion’s stock price is particularly noteworthy given the company’s association with Tortoise Acquisition Corp (NYSE:)., which has experienced a staggering 402.77% change over the past year. Investors are closely monitoring Hyliion’s performance as it continues to navigate the competitive electric vehicle sector, with many attributing the stock’s impressive ascent to strategic business moves and growing investor confidence in the green energy market. In…

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Even those with a passing interest in cars and car culture are familiar with the name Carroll Shelby. It’s synonymous with high performance and collectibility, and it would be difficult to find an American who couldn’t recognize a Shelby Cobra in a lineup. Nearly everything Shelby has touched carries an aura of exclusivity that catches the eye of car enthusiasts worldwide. However, not all of his creations are genuinely collectible. Shelby continues to produce a range of vehicles, mostly based on current Ford models like the Mustang and F-Series trucks, though it remains to be seen if these will become…

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From the preference for face-to-face meetings to startups’ over-reliance on government contracts, here are six unique aspects of investing in South Korea. Jeffrey Lim, managing partner at Korean VC firm Signite Partners, gets calls from investors all over the world, from New York City to London, the Middle East and Paris, asking how they can invest in South Korea’s booming cosmetics and fashion startup sectors. “Investors are flocking into Korea to invest in consumer goods startups because K-Beauty and K-Fashion are booming globally,” says Lim Lim heads the CVC fund of Korean retail conglomerate Shinsegae Group. The unit set up…

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For the past three years, I’ve written a monthly column for Canadian MoneySaver called “Portfolio Confidential” that answers various investor questions. Some of these I receive from emails, but most come from another source: I offer readers a free 30-minute confidential Zoom chat in which I provide an independent, unbiased perspective on their financial situations with no sales pitch. In exchange, I get to use their anonymized questions in future columns. After 30 columns, I have a pretty good snapshot of the real-world issues that are front of mind among today’s investors and their advisers. I’ll share the five most…

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Image source: Getty Images I snapped up a couple of old school stock market heroes earlier this year as I thought their shares looked unmissable value following a recent slump. I’d been watching both FTSE 100 stocks for years and was thrilled to buy them at what I thought was a bargain price. I thought they’d soon get their act together but they haven’t. Now I’m getting annoyed with them. And yes, I know that’s not the most mature response. The first former FTSE darling is spirits giant Diageo (LSE: DGE). I snapped it up in November last year shortly…

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Trump Media & Technology Group stock (DJT) leaped as much as 15% Friday and was briefly halted for volatility after Donald Trump said he would not sell his shares in the company, the home of Trump’s social media platform, Truth Social. Shares pared gains to around 9% shortly after his statement. Trump, who made the announcement on his Truth Social account, maintains a roughly 60% interest in DJT. At current levels of around $30 a share, Trump Media boasts a market cap of about $6.5 billion, giving the President-elect a stake worth around $3.9 billion. “There are fake, untrue, and…

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