Month: April 2020

Shares to Invest

mymegaportfolio.com Shares/Stocks/Bonds Investing

10 Shares to Invest In 2021

Are you thinking about investing in the UK Stock Market? All of us know that the year 2020 was a turbulent year. After 2020, At the start of 2021, there was more than enough uncertainty all around the world, but the first quarter has been good to the Stockbrokers and Crypto traders. According to the Stocks Alerts, the stock market took a volatile start in the year 2021. There is a chance of a regular economic activity near the summer, due to the distribution of the covid-19 vaccine. Hopefully, the entertainment and travel industry also takes its place back after it.

In 2021, the UK stock market will lead and fulfill its pandemic time losses. So, it’s a great time for Social traders and Stockbrokers to take advantage of this opportunity and buy the best Shares to invest in to gain maximum profit. Some companies are performing extraordinary in this current year, so it is better to invest in them. They are the top Leading performers for the year 2021 and even further. Here, we are going to provide you the list of the top 10 best shares to invest in the year 2021 that will glow your future without any doubt.

  1. Rightmove Plc

The top position of the list is occupied by the UK leading property portal Rightmove. The 5.58 ponds of market capitalization and its performance make the real estate market the best Stocks to invest in, according to the opinion of both investors and analysts. The price of the Shares of the real estate market is increasing day by day. Which makes the share of a well-reputed and trusted Rightmove company is ideal to buy in 2021.

Shares
  1. BP Plc

The company with good fortune in 2021 is the British Petroleum company. The company  CEO Barnard Looney is hopeful for good performance in the current year. As he said in one of his online statements that significant projects are coming and we are focusing on capital and cost discipline with great attention. If you are thinking of purchasing its share, then indeed it will be your best decision.

  1. Hotel Chocolate Group Plc

Another big hit on the list is the Hotel Chocolate Group. The company is present all around the UK and has more than 160 online stores. The additional benefit is their own Saint Lucia Plantation. The brand is becoming unique by launching takeaway services of hot chocolates and become more famous. The closing of the stores in the pandemic affects its business also. But, the takeaway services are holding the business level to fail.

In the year 2021, their business increases up to 14% at the start of the year. They are launching new plans and strategies to take their business again at its peak and fulfill the previous losses. The Chocolate brand has spread betting in the current year that is proof of its bright future.

  1. JD Sports Fashion Plc

The British sports fashion retail company perfectly does its business in this new year after the drastic year of 2020. Their shares are increasing day by day, and Stockbrokers and Social traders are taking benefits from it. They have more than 600 stores all over the world and, the price of its share is the one which is ruling the UK Stock market. The Peak performance coaches are interested in its shares and also educating others about it.

  1. B&M European Value Retail SA

The stock market alerts reported that 84% of the revenue is coming from it. In the present financial year, it is making more progress and aiming to open more outlets of their stores. The company has well-planned strategies to gain profit across the year 2021. If you are interested in investing in the UK stock market, then it’s a great time investment indeed.

  1. Game Workshop Group Plc

They are also performing well financially this year. The value of stocks is also increasing height with every passing day. Indeed, its unique business and UK gaming company is making progress in the year 2021 and even in the coming days. People are investing in them to gain more benefit from it.

  1. Next Plc

They are also making sales and pulling their business to the new height. They are also making some significant announcements about their new plans and strategies to fulfill the 2020 business losses. The Next Plc has spread betting in a current year that is proof for its bright future. You can also choose them for your investment.

  1. Tesco Plc

It’s a supermarket company that is gaining profit from Tesco’s online sales. A successful supermarket brand with 16000 permanent staff and, they are also hiring the new one for this current year of 2021. The first-quarter sales of the brand are a big hit, and its progress is continuing. According to the analysts, the stock of Tesco Plc is a leading buy-in 2021.

  1. Aviva Plc

The insurance companies are also going to gain profit after this pandemic. According to the financial experts, the stock market will get a special place for the insurance company like Aviva Plc. It will be a stand-out class within the UK stock market. The price of the Shares of Avivais increasing day by day. Which makes the stocks of a well-reputed and trusted company is ideal to buy in 2021.

  1. Persimmon Plc

In the current year, their business increases up to 17% at the start of the year. According to the opinion of both Investors and analysts, the real estate market has the best Stocks to invest in them. In the new year, their business is again at its peak and fulfills the previous losses. The property business has spread betting in the current year that is proof for its better Stock future.

  1. Stock Market Coaching

The stock market is not an easy place to get profit from it. You need to have the proper knowledge and coaching about trading before step into this stock market business. There is a need for coaching from the Forex coach to improve trading performance in the forex exchange and come to the list of good Stockbrokers and Crypto traders. A Stock market coach will guide you how to stay on the right track in the financial market and about the Stock future. They become a Peak performance coach after spending several years in the stock market and gaining experience of correct Stocks investment at the correct time.1.

Blockchain technology

mymegaportfolio.com Cryptocurrencies

What does blockchain technology bring to cryptocurrencies and how should we invest in it?

Blockchain technology also called the “chain of blocks” brings multiple benefits and not only to cryptocurrencies and the financial sector but also to other sectors. It is the foundation that supports the structure of virtual currencies. It has great potential, which has provided its great evolution. The future that experts predict for blockchain technology is far from a failure, as the expectations placed on it are enormous. It only needs to successfully survive the obstacles that lie ahead and those who use it to instill fear in society by speaking ill of this technology.

It is one of the most revolutionary technologies of the century, but do we know what blockchain is?

The technology sector is advancing by leaps and bounds. Until recently, it was difficult to think of autonomous cars, smart homes, virtual reality simulators, or social media. All of them have meant, to a greater or lesser extent, a revolution in each of their areas. However, none of them have had the repercussion and impact that the blockchain, also known as the blockchain, currently has. It is, without a doubt, the most disruptive technology of this century. A concept that has revolutionized many industries and areas of our day to day and in which you can also invest. But do you know what it is and how to invest in this technology?

Blockchain technology

WHAT IS BLOCKCHAIN TECHNOLOGY

Let’s start at the beginning: What is this blockchain? The blockchain is nothing more than a decentralized information system that grows continuously, a kind of distributed and secure database that guarantees the privacy of transactions. In the blockchain, the blocks are all linked to each other and encrypted to protect the security of the users. Your most important requirement is that multiple users are validating these transactions so that they can be inserted into this huge ledger.

THE APPLICATIONS OF THE BLOCKCHAIN

Although the largest field of application of the blockchain is economic transactions, the truth is that this technology encompasses many more potential ideas. For example, the Japanese government has started a project to unify all urban and rustic property registration through blockchain. Some companies want to decentralize cloud storage so that it does not depend on a specific centralized provider. Another example is healthcare, in which the medical records of all patients could be stored through the blockchain. In reality, the potential of blockchain is practically limitless.

HOW TO INVEST IN BLOCKCHAIN

When we think about investing in blockchain, we are not talking about doing it directly in this technology, but about buying assets or securities that make use of it. These are some of the most interesting alternatives today.

Cryptocurrencies

Cryptocurrencies are undoubtedly the best-known use of blockchain technology. Their popularity has been growing over the last few years thanks to the guarantee of security and anonymity that they incorporate in transactions over the Internet. 

The best known is Bitcoin, but there are others such as Ethereum, Ripple, Litecoin, or Cardan. Currently, more than 1,300 different ones can be found. At the investment level, cryptocurrencies are characterized by their high volatility, in some cases higher than 80%. 

This makes them considered a high-risk asset and not very suitable for retail investors, as stated by the Security Exchange Commission (SEC). There are two options for investing in cryptocurrencies: buy them or mine them. 

The first option is the most common and consists of getting the cryptocurrencies in the market. The second option is to create new coins and register them on the blockchain. However, it is an increasingly residual alternative, because the processing capacity to mine new cryptocurrencies is increasingly expensive. 

In any case, it is the user who can do it directly without resorting to an intermediate figure. In the case of the purchase of cryptocurrencies, you only need a virtual wallet to acquire them that provides access to the blockchain of those cryptocurrencies. In the case of mining, you just need to install software on the computer and let it work autonomously. 

ETFs 

ETFs (Exchange Traded Funds) are investment funds that contain a set of securities that replicate an index. There are already indexes that allow exposure to the blockchain. Some of the most interesting ETFs to invest in blockchain and their returns are as follows.

Stocks of large companies 

Large companies are betting heavily on blockchain technology. Companies such as Microsoft, Visa, and, above all, IBM, are developing solutions based on block technology. In general, almost any company that is listed on the Nasdaq, America’s tech stock index par excellence, has some kind of blockchain-based solution. So, if you want to invest in blockchain without having to assume the volatility that characterizes this sector and in a much more accessible way, it is advisable to bet on consolidated companies in the technology sector that are developing this technology. 

Cryptocurrency ICOs 

Blockchain technology

The Initial Coin Offering (ICO) or Initial Coin Offerings are a financing mechanism through which a company seeks to raise capital through cryptocurrencies such as Bitcoin or Ethereum. A kind of public offer for sale or business crowdfunding project that has a peculiarity: It uses the blockchain in the entire process of attracting economic resources. Its operation is simple. 

A project issues a certain amount of crypto assets or virtual tokens on a blockchain platform and investors pay through cryptocurrencies. If the project goes ahead and succeeds, the cryptocurrencies on which its financing was based gain value and that ends up offering an interesting return on investment for all these investors. The growth of ICOs has been spectacular. 

According to data from the ICO Bench, projects worth $ 1.2 billion were financed in May 2019 alone, and applications such as Telegram managed to raise $ 1.7 billion in several rounds. The returns are, in some cases, spectacular and far from those that can be obtained by any other traditional investment. The five most successful ICOs in history in terms of return on initial investment have been, according to Cointelegraph:

  • NXT, with profitability of 11,547,519%.
  • Specter coin, with profitability of 676.227%.
  • IOTA, with profitability of 522,900%.
  • Ethereum, with profitability of 442,869%.
  • Neo, with the profitability of 378,453%.

HOW BLOCKCHAIN’S EARNINGS WILL BE DECLARED

Although there is no specific regulation on the blockchain, as of today, assets such as cryptocurrencies are considered intangible assets for the Treasury. This category is the same as that used for web domains, farm exploitation rights, or the transfer of a bar. But what do you do when you convert your investment in cryptocurrencies or other blockchain-related assets to money? 

Well, the same thing we do with any other investment: Declare them in our income statement, incorporating capital gains into the tax base of savings. The amount that you will have to pay to the Treasury is obtained by subtracting the transmission value from the acquisition value, excluding expenses and commissions. The corresponding savings rates are applied to this value, which in 2019 are as follows:

If the investor is a legal person (for example, a limited company), the profits obtained are included in the tax base of the corporation tax, which has a tax rate of 25% on the profits of the company. In short, the blockchain is here to stay. More and more solutions based on this blockchain technology and its applications will continue to grow in the future. Given this reality, investing in blockchain is an interesting option, although, yes, as long as we assess the risks associated with such an incipient concept.

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