Time to buy Bitcoin? No Way! I’m following Warren Buffett instead

first_img Rupert Hargreaves has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. 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. Rupert Hargreaves | Saturday, 9th January, 2021 It’s fair to say that Bitcoin has been one of the best assets to own over the past 12 months. It recently broke above the $40,000 barrier for the first time, up from around $8,000 at the beginning of 2020. Following this performance, it’s understandable that some investors might be interested in buying into the asset ahead of further gains. I think this could be a mistake. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Warren Buffett’s approach I think Warren Buffett was right when he advised investors to stay away from Bitcoin several years ago. He believed the cryptocurrency market was built on nothing more than hype, which would quickly unwind when investors realised what they were buying. That hasn’t happened yet, and it may never happen. But I believe Warren Buffett’s advice is still relevant. The Bitcoin price is determined by supply and demand. There’s recently been a surge in demand for the crypto asset, which has driven the price higher. This may continue, or it could pop tomorrow. We don’t know what the future holds. I think this was the basis for Warren Buffett’s argument. There’s a lot of uncertainty that surrounds the Bitcoin price. That makes it very hard to try and figure out what it could be worth in a month, year or decade from now. On the other hand, the outlook for many companies is a lot easier to predict.For example, one of my favourite firms is insurance group Direct Line. This organisation is one of the largest car insurance companies in the UK. It’s a legal requirement for every car owner to have insurance in this country, and that’s unlikely to change.As such, I believe it’s relatively likely the company will still be doing what it does two or three decades from now. That makes it easier for me to value the stock. What’s more, it gives me confidence that by investing my hard-earned money in the enterprise, I should see a positive return over the long run. The same can be said for very many listed companies.Warren Buffett has been using a similar approach since the 1960s. It has helped him create a considerable fortune and one of the world’s largest investment companies. I think this tried-and-tested method will continue to work, but I’m not so sure about Bitcoin. That’s why I’m avoiding the cryptocurrency and following the billionaire investor’s thoughts instead. Bitcoin diversification Having said all of the above, if one wants to diversify by acquiring Bitcoin for one’s portfolio, there’s nothing wrong with that. Owning the cryptocurrency over the past 12 months, for example, would have yielded strong returns for all holders. However, I don’t think it would be sensible to have a large holding of the asset. A small allocation would provide diversification while limiting risk if something went wrong. As there’s so much uncertainty surrounding the asset’s future, there are many things that could go wrong over the next few years. I’ll stick with share investing instead! 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Image source: The Motley Fool I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.center_img Time to buy Bitcoin? No Way! I’m following Warren Buffett instead Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. Click here to claim your copy of this special investment report — and we’ll tell you the name of this Top Small-Cap Stock… free of charge! See all posts by Rupert Hargreaveslast_img read more

News Corp to Acquire Move, Inc. in $950 Million Deal

first_img The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago September 30, 2014 950 Views News Corp, one of the world’s biggest mass media companies, is buying online real estate firm Move, Inc., in a $950 million cash deal, the companies announced Tuesday morning.Under the acquisition agreement, which was unanimously approved by Move’s board, News Corp will acquire all of Move’s outstanding shares at the cost of $21 per share. The buy represents a premium of 37 percent over Move’s closing stock price at the end of trading on Monday. News Corp said it will commence a tender offer for all shares of Move’s common stock within 10 business days, following that with a merger to acquire any untendered shares.Through the deal, News Corp says it hopes to become a leading player in the expanding arena of online real estate through Move’s various tools and its listing site, Realtor.com.”We have great faith in America’s potential and the long-term asset value of housing, which is continuing its recovery and has yet to regain its full potency,” said Robert Thomson, chief executive at News Corp. “It is forecast that the number of millennial households will increase from 13.3 million in 2013 to 21.6 million in 2018, and they will spend more than $2 trillion on home purchases and rent by 2018. Many will begin their search online and use tools and content on realtor.com.”The deal comes two months after two of Move’s biggest competitors, Zillow and Trulia, announced plans to merge.Australian-based REA Group Limited, which is 61.6 percent owned by News Corp and operates RealEstate.com.au, will hold a 20 percent stake in Move, acquiring its share for approximately $200 million. News Corp will hold the remainder.Through Realtor.com and its mobile applications, Move displays more than 98 percent of all for-sale properties listed in the United States, sourcing its data from relationships with hundreds of multiple listing services nationwide. The company’s network of websites reaches an estimated 35 million users per month, with 90 percent of page views going to “for sale” property links.In addition, Move benefits from an exclusive relationship with the National Association of Realtors, which has given its consent to the acquisition.”This partnership will help shape the future of real estate,” said National Association of Realtors President Steve Brown. “News Corp’s ability to reach and engage consumers, combined with realtor.com’s quality content and the real insights Realtors provide will transform the current landscape. Working together, Realtors, Move and News Corp will truly make home happen.”Move will continue to remain headquartered in San Jose following the acquisition, the companies said.  Print This Post The Best Markets For Residential Property Investors 2 days ago Related Articles Previous: DS News Webcast: Tuesday 9/30/2014 Next: Single-Family Home Sales Drop in Connecticut Acquisitions Mass Media Move News Corp online real estate Technology 2014-09-30 Tory Barringer Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Acquisitions Mass Media Move News Corp online real estate Technology Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago in Featured, Headlines, News, Technology News Corp to Acquire Move, Inc. in $950 Million Deal The Week Ahead: Nearing the Forbearance Exit 2 days ago Share Save Subscribe Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Tory Barringer began his journalism career in early 2011, working as a writer for the University of Texas at Arlington’s student newspaper before joining the DS News team in 2012. In addition to contributing to DSNews.com, he is also the online editor for DS News’ sister publication, MReport, which focuses on mortgage banking news. Home / Featured / News Corp to Acquire Move, Inc. in $950 Million Deal Sign up for DS News Daily About Author: Tory Barringerlast_img read more

Cappelli: Guests will not have to wait at the border, but by filling out the web application they will cross the border in advance in a few seconds

first_img/ Recommendations for infection prevention in zoos, national parks and nature parks as part of the gradual easing of COVID-19 restrictive measures The total number of people cured of covid19 was in 2011, and a total of 132 sick patients to date, while 471 people are in self-isolation. Four new patients are from Brod-Posavina County, and one new case each is in Osijek-Baranja and Split-Dalmatia counties.  In the next period, Croatia will have controlled tourism, and by filling out the web application, guests will cross the border in a few seconds, without waiting, Cappelli said. Index.hr Tourism Minister Gary Cappelli was also present at today’s press conference, announcing an additional opening of the borders. / Recommendations for preventing the spread of COVID-19 disease during professional artistic performances, cultural programs and events / Recommendations for activities in the field of air passenger transport during the coronavirus (COVID-19) epidemic MIA: Online questionnaire and answers to frequently asked questions about crossing the border INSTRUCTIONS FOR FOREIGN TOURISTS IN ENGLISH / / / MIA ANNOUNCES INFORMATION ON POSSIBILITIES OF ENTRY INTO THE REPUBLIC OF CROATIA At today’s press conference of the National Civil Protection Headquarters, it was announced that we have six new cases of coronavirus infection, and that two people have died. Cappelli je precizirao da te obavijesti uključuju ponašanje u hotelu pri dolasku, beskontaktne rezervacije hotela te odlaske u bazen ili na plažu. ”Turisti koji dolaze ne mogu reći da ne znaju kako se ponašati u Republici Hrvatskoj’‘, dodao je. / Recommendations for swimming in the sea and inland surface waters during the COVID-19 epidemic Opening to Austria, Slovakia, the Czech Republic and Hungary has been announced for the end of May. According to eVisitor, 13 foreign citizens, mostly from Slovenia, entered Croatia by 5336 pm on Friday from midnight.center_img “With third countries, everything depends on an agreement at EU level. We are trying to respect the protocol agreed at the EU level, but also to respect bilateral agreements as we had with Slovenia”, rekao je Cappelli. / Recommendations for the operation of swimming pools and water parks during the COVID-19 epidemic As of Thursday, there is an online questionnaire that further clarifies the conditions for entering the Republic of Croatia, as well as answers to the most common questions. Find out more in the attachment. Cappelli: Guests will not have to wait at the border, but by filling out the web application they will cross the border in advance in a few seconds This is a voluntary application that will enable tourists to meet the conditions in advance and enter the Republic of Croatia. ” Here we will make a redistribution at the border crossings so that those who have registered with the CNIPH through the application can pass without any delay. Once you receive an answer through the application and when you have registered where you will stay in the Republic of Croatia, it is valid as long as this measure is valid “, added the Minister of the Interior and the head of the National Civil Protection Headquarters Davor Božinović. / Recommendations for preventing the spread of COVID-19 disease during tourist entertainer activities and programs The Minister of Tourism emphasized that hotels are reopening, depending on the possibilities and the arrival of tourists, and that for foreign tourists there are already explanations in English for all segments of tourism. ” Guests won’t have to wait at the border, but by filling out the web app they will cross the border in advance in seconds. By May 28, we will have an app based on a platform previously used as a permit. Our first priority is to know what tourists expect when they arrive in Croatia “, said Cappelli. / Recommendation for training, sports and recreational activities in indoor sports facilities Cappelli reported that some tourists who had previously canceled reservations were making reservations again for June and that Germany, in agreement with the ministers of all EU countries, had expressed a desire to allow citizens to come to sea from 15 June. The same date applies to Poland, he added. From midnight to 13 pm, 5366 foreign citizens entered Croatialast_img read more

RDC to revive Guatemala Railways

first_imgON JUNE 6 the government of Guatemala awarded a 50 year concession for the restoration, reopening and operation of the country’s 914mm gauge national rail network to Compañía Desarrolladora Ferroviaria SA, an affiliate of Pittsburgh-based Railroad Development Corp. The government will receive 5% of gross income for the first two years and 10% a year thereafter.The concession covers 813 km of track linking Guatemala City with the Atlantic at Puerto Barrios and Puerto San Tomas, the Pacific at Puerto Quetzal and Champerico and the Mexican border at Tecun Uman. There is also an abandoned branch from Zacapa to El Salvador. Ferrocarriles de Guatemala suspended freight services early in 1996, having dropped passenger trains in 1994.RDC Chairman Henry Posner III says the company is ‘under no illusions as to the difficulties facing Fegua. A substantial amount of capital will be invested before we can run the first train, and only then will we learn whether our assessment of the market was correct.’ The concessionaire will initially spend US$10m on reviving the 300 km corridor from Guatemala City to the Atlantic, where the longer distance will enable more effective competition with road. A daily train will handle maritime containers; other potential traffic incudes fuel, cement, coffee, sugar, bananas, steel and scrap. Phase 2 would revive the Pacific corridor from the Mexican border to Puerto Quetzal and Escuintla, after which the two routes would be connected by restoring the line west of Guatemala City which has been severed by serious washouts. Restoration of the link to El Salvador would follow. RDC hopes to harness the right-of-way for extra business, including pipelines, electricity transmission, and optic fibre communications links. It will also provide routes for a planned light rail network in Guatemala City.last_img read more

See the draw: AshGold, Inter Allies drawn for MTN FA Cup Round of 16

first_imgFrom the Tuesday morning’s draw, Eleven Wise will host fellow Division One campaigners and rivals Samartex in a fierce contest in Sekondi while WAFA entertain Mighty Jets at Sogakope. WAFA v Mighty JetsGreat Astronomers/New Edubiase United v Berekum Chelsea/Medeama– AshantiGold have been drawn to host Inter Allies at the Len Clay Stadium – in a repeat of their match day 13 league fixture last weekend. The Miners won the league encounter 2-0. Record winners Accra Hearts of Oak have been handed a tricky tie away to giant killers, Afienya City. The match will be played at the Tema Stadium. The second division outfit eliminated Great Olympics on penalties in the Round of 32. Afienya City v Hearts of Oak One MTN FA Cup round of 32 is still hanging as Great Astronomers await the outcome of Berekum Chelsea’s appeal over a Disciplinary Committee ruling. The outcome of the appeal will determine which of Chelsea and New Edubiase would face the third tier side. The winner of that round of 32 fixture has been drawn to host Medeama SC in the Round of 16. Holders Asante Kotoko will welcome the giants of the North, Real Tamale United to the Baba Yara Stadium while another Division One outfit, Istanbul FC, travel to face Aduana Stars in Dormaa. Asante Kotoko v Real Tamale United An-all premier league encounter will herald the 2015 Ghana FA Cup Round of 16 games at yet-to-be confirmed dates next month. Aduana Stars v Istanbul Round of 16 Fixtures Eleven Wise v Samartex AshantiGold v Inter Allies Utrecht v B.A. Unitedlast_img read more