Image source: Getty Images Greggs‘ (LSE: GRG) shares have tumbled 22% in the past year. Over five years, they’re down 9%, which is disappointing for a stock that used to have a habit of outperforming the FTSE 250 index (to which it belongs). However, the beloved bakery chain has also been dishing out dividends as well as sausage rolls over most of that time. Would these cash payouts have erased the 9% loss and put a £10,000 investment into positive territory? Let’s find out. Dividends Back in 2020, we were in the middle of the pandemic. High streets were empty…
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Image source: Getty Images Wouldn’t it be nice to have a passive income of £5,000 per month, without having to lift a finger? FTSE 100 stocks made an average annual return of 6.9% over the past 20 years. So we’d need a Stocks and Shares ISA pot of close to £870,000 to earn that amount at that rate (which is not guaranteed, mind). The trouble is, if we take out the whole return, then the pot’s value would dwindle with inflation. To be able to take out £5,000 a month and leave enough behind to grow in line with inflation?…
Image source: Getty Images A £10,000 investment in Tesla (NASDAQ:TSLA) one month ago would now be worth a little more than £9,190. This reflects an 8.1% decline as shares hover near two-month lows, but also a small appreciation of the pound. Though still 43% above its November 2024 levels, Tesla has shed 30% from its December peak of $488.54, pulled down by leadership distractions, policy headwinds, and doubts over its sky-high valuation. For a company of its size, such volatility is unusual. The slide explained Tesla’s recent slump stems from a cocktail of self-inflicted and external pressures. CEO Elon Musk’s…
Michael Burry, best known for calling the subprime mortgage crisis, reshuffled his bets on Chinese internet stocks last quarter, trimming holdings in Alibaba and JD.com and adding a new stake in PDD . Burry’s hedge fund, Scion Asset Management, cut its stake in Alibaba by 25% in the fourth quarter, according to a new filing. The Jack Ma-founded company was still the biggest holding at the end of 2024, worth $12.7 million. Scion also reduced its JD.com stake by 40% to a bet worth $10.4 million at the end of December. The famed investor added a $7.3 million bet on PDD, operator…
Image source: Getty Images Assuming a 5% withdrawal rate, which could be achieved by investing in dividend stocks, an investor would need around £2.4m invested in a Stocks and Shares ISA to earn £120,000 of annual passive income. This equates to around £10,000 monthly. These might sound like really big numbers. And they are. However, because most of these strategies for passive income take decades, it’s important to remember that £10,000 in 30 years will be worth a lot less than it is today. In fact, assuming inflation does average 2% over the next 30 years — which may be…
Some new and existing Nationwide banking customers could be some £800 better off by moving money into a new account – and keeping it there.The world’s largest building society has just launched new issues of its Fixed Rate Online Bonds, Fixed Rate Branch Bonds and Fixed Rate Cash ISAs. The Bonds can be opened via the Nationwide website, Internet Bank, in branch, or on the app, while the ISA can be opened via the Internet Bank, Banking app or in branch.Savers who put their cash into any of these accounts will receive 4% interest, provided they leave the money alone…
Image source: Getty Images Owning JD Sports Fashion (LSE:JD.) shares has been a painful experience of late. At 87.5p per share, the FTSE 100 retailer’s fallen 28.4% in value since mid-August. JD’s slump is due to a series of profit warnings resulting from weak consumer demand. For the last financial year (ended January), City analysts expect annual earnings to have risen just 1%. In better news, the number crunchers think profits growth will heat up over the next couple of years. This is shown in the table below: But given recent downgrades, how robust can these forecasts be considered? And…
Image source: Getty Images It’s human nature to leave certain things to the last minute. The same applies to investing, with many Stocks and Shares ISA investors waiting until the 11th hour to add to their portfolios. Here are two cheap UK shares I think are worth considering before the £20k annual ISA allowance resets on 6 April. I think it’s a matter of time before the market drives their share prices higher. Silver surfer Some disappointing operational news has hammered Hochschild Mining‘s (LSE:HOC) share price in early 2025. Rising costs are an issue for Argentina’s miners as inflation rockets…
New York City Mayor Eric Adams leaves the federal court after being charged with bribery and illegally soliciting a campaign contribution from foreign nationals, in New York City, U.S., October 2, 2024. Shannon Stapleton | ReutersNew York City Mayor Eric Adams on Friday denied offering the Trump administration a quid pro quo deal in an effort to have his criminal corruption case dismissed, as a top federal prosecutor alleged before they resigned in protest.”I want to be crystal clear with New Yorkers: I never offered — nor did anyone offer on my behalf — any trade of my authority as your…
Image source: Getty Images GSK (LSE:GSK) has re-emerged as one of the FTSE 100‘s more attractive dividend-paying shares. Annual payouts were kept locked at 80p per share for years before toppling to 44p in 2022. But dividends have grown strongly since then, including a 5% hike to 61p last year. City analysts are expecting cash rewards to keep rising through to 2026 too. Here are the forecasts: YearDividend per shareDividend growthDividend yield202564.6p6%4.5%202669.7p8%4.9% Expectations of further dividend growth mean the yields on GSK’s shares soar above the FTSE 100 average of 3.5%. Yet dividends are never guaranteed. And as a dividend…