Since it can take a while before the full impact of economic uncertainty filters down into the stock market, I’m beginning to suspect 2020 could turn out to be another tricky one for investors. Ultimately, we can’t predict but we can prepare. Here, then, are four suggestions what you can do. 

1. Keep some cash handy

To survive a downturn relatively unscathed, it makes sense to think not only about tackling any lingering, high-interest debt but also about what costs you have coming up in the near-term.

Do you have a would-be house deposit currently tied up in investments and intend to buy a property in the next year? If so, it may be prudent to move this money into cash to ensure it doesn’t lose value when you most need it. Do you have sufficient savings to cushion the blow of a period of temporary (but nevertheless unexpected) unemployment? If not, start building an emergency fund for if/when the bad times hit.  

2. Get diversified

If you haven’t checked how diversified your portfolio is, do so soon. It’s remarkably easy to forget the importance of spreading your wealth around different assets, particularly following the sustained period of share price appreciation we’ve experienced since 2009. 

Naturally, what you decide to do with your own investment portfolio will depend on your age, financial goals, and risk tolerance. As a rough rule of thumb, however, those nearing retirement should consider dialing down (but most certainly not eliminating!) their exposure to equities. Younger investors arguably have less to worry about, but it’s still worth asking whether companies held are sufficiently resilient, particularly if they already have shaky balance sheets, or operate in cyclical sectors.

3. Understand market cycles

Bear markets are part and parcel of investing. You can’t avoid them and you’ll never know exactly how you’ll respond until you’ve experienced one. As the great sage Mike Tyson once said: “Everybody has a plan until they get punched in the mouth.“

Notwithstanding this, you can, at least, educate yourself about these things before they happen, if only to gain an appreciation of just how common they are and how long they tend to last for.

According to a study by Yardeni Research, the 36 corrections and bear markets in the US since 1950 have lasted for an average of just 196 days — worth remembering before you aim to push that ‘sell’ button. For more on this, I heartily recommend the writings of investing legend Howard Marks.

4. Buy the dips

As we never tire of saying, private investors should regard market downturns as an opportunity to acquire great businesses at far more reasonable prices. They are, in short, a chance to accumulate. 

This might sound easy, but it’s not. If you’re concerned about the market falling further after purchasing a stock or fund, you may wish to drip feed your money rather than all at once. No one manages to buy at the bottom consistently but, assuming the investment case is solid, averaging-in to a position makes more sense than waiting for a price that may never come.

The post Fear a stock market plunge in 2020? Here are 4 brilliant ways to prepare appeared first on The Twelfth Magpie.

More reading

• With a yield of 6.8% and a P/E ratio of 12.1, is this a dirt cheap FTSE 250 stock to consider?
• Will SpaceX, Nvidia, or Alphabet be the first $10trn stock?
• Up 95%! This FTSE 100 stock’s outperformed Nvidia over the past year
• With a 9.3% yield, is this an amazing opportunity to consider buying dirt-cheap Taylor Wimpey shares?
• How much do you need in a Stocks and Shares ISA to aim for £375 a week in retirement?

Paul Summers 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.

Regardless of whether you agree with his strategy or not, it’s clear whatever shenanigans we witness in the political world over the next month is going to have some kind of impact (good or bad) on your portfolio. With this in mind, here’s how I think investors should prepare.

1. Ditch the crystal ball

It is, of course, hugely tempting to try and predict what’s going to happen and adjust your portfolio accordingly. However, if the last three years have taught us anything, it’s that no one knows exactly how this period of political turmoil will end. Our current prime minister might even be gone before 31 October.

This being the case, it’s therefore important to hold investments you’d be happy to stick with for the long term and match your risk tolerance, regardless of any short-term volatility. Leave the high-stakes, might-just-make-a-profit-if-I-time-this-right behaviour to the traders. 

It’s also worth remembering a resolution to Brexit will simply leave a space for some other event or issue to take its place. There will always be something else for markets to worry about. 

2. If in doubt… drip

Having accepted no one knows what’s coming next, it can still be tempting — albeit counterproductive from an investment perspective — to wait until we know for sure. 

As legendary fund manager Peter Lynch once remarked: “Far more money has been lost by investors in preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” The same will surely apply to Brexit.

All stock market journeys are uncertain and it’s for this reason shares give far better returns than any other asset class over time. We’re rewarded for taking more risk than if we’d simply held our savings in cash (not recommended, thanks to the eroding power of inflation).  

This is why drip-feeding money into your existing holdings — or ‘pound cost averaging’ in market lingo — will help avoid investment paralysis. It may feel counter-intuitive, but the message here is simply… keep calm and carry on.

3. Buy the world

There’s a tendency for investors to stick with what they know. That’s understandable considering we may use a company’s products or services on a daily basis, or know more about an economy if we actually contribute to it. Failing to ensure your holdings are geographically diversified, however, can be problematic if the companies or country you’re invested in enter a prolonged sticky patch.

It’s for this reason I’d recommend having exposure to markets other than the UK. This isn’t about attempting to jump in and out of investments to reap maximum profit. It’s about allocating your capital prudently so your portfolio remains stable and you can sleep at night.

Aside from moving some of your cash into economies that couldn’t care less about Brexit, it’s also worth contemplating whether you’re sufficiently invested in assets that, while unlikely to outperform, tend to be less correlated with shares (e.g. bonds, gold).

The post Your 3-step Brexit survival guide for October appeared first on The Twelfth Magpie.

More reading

• With a yield of 6.8% and a P/E ratio of 12.1, is this a dirt cheap FTSE 250 stock to consider?
• Will SpaceX, Nvidia, or Alphabet be the first $10trn stock?
• Up 95%! This FTSE 100 stock’s outperformed Nvidia over the past year
• With a 9.3% yield, is this an amazing opportunity to consider buying dirt-cheap Taylor Wimpey shares?
• How much do you need in a Stocks and Shares ISA to aim for £375 a week in retirement?

Paul Summers 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.

Former Belgian prime minister Guy Verhofstadt reckons the EU could “disappear”  and faces an “existential moment“. He reportedly told the BBC World Service recently that he thinks many populist movements are putting the EU under pressure to reform.

I think Mr Verhofstadt’s opinion matters because he is the EU’s chief negotiator for Brexit in the coming negotiations. Surely none could be more pro-EU than a man in his position. If he thinks the game may be over soon, I reckon we should listen.

What will happen to shares?

Mr Verhofstadt  is also head of the Liberal and Democratic Alliance in the EU and must be intimately acquainted with the pulse of the EU as an institution. He no doubt knows a threat hurtling inwards when he sees one.

Right now he’s concerned about many factors that he sees challenging the European project, such as Britain leaving the EU; the foreign policies of Donald Trump and Vladimir Putin; the threat of jihadism; and an upsurge in nationalism and other populist political movements. 

The message seems to be that the EU must reform or die. That idea strikes me as something that many have believed for years. However, such a view hits me harder when I hear it coming from deep within the ranks of the organisation’s movers and shakers.

I reckon the most likely outcome over the coming years is that the EU will die and the vacuum left when the implosion occurs will suck in something better to replace it. But whatever happens, I think the political and economic road ahead in Europe is set to get bumpy and a turbulent political and economic landscape will likely lead to one prominent outcome on stock markets — volatility.

Should we run for the hills?

Maybe I should sell all my shares and plough the proceeds into shotguns, tinned beans and horses so that I can gallop off and hole out somewhere safe when the EU-less dystopian future arrives?

I don’t think so. Even if the EU fails and breaks up, economic activity will carry on because nations have a need, and a will, to trade with each other. Yes, we will likely see volatility on stock markets, perhaps along the lines of what we saw in the aftermath of Britain’s vote to leave the EU. But economic activity will continue. Companies will carry on trading, growing and paying dividends to investors.

Warren Buffett and other well-known successful investors typically pay little attention to macroeconomic and political events, preferring instead to concentrate on the news flowing from their investee companies. I think that’s the way ahead, even in the face of potential economic events such as the break-up of the EU.

We should focus on stocks with good quality underlying businesses and decent forward prospects, and hold their shares for the long haul. That way, any weakness in the stock market because of economic and political trauma is probably best viewed as an opportunity to buy rather than as a reason to flee from investing.

The post Does the EU’s ‘existential moment’ threaten your investments? appeared first on The Twelfth Magpie.

More reading

• With a yield of 6.8% and a P/E ratio of 12.1, is this a dirt cheap FTSE 250 stock to consider?
• Will SpaceX, Nvidia, or Alphabet be the first $10trn stock?
• Up 95%! This FTSE 100 stock’s outperformed Nvidia over the past year
• With a 9.3% yield, is this an amazing opportunity to consider buying dirt-cheap Taylor Wimpey shares?
• How much do you need in a Stocks and Shares ISA to aim for £375 a week in retirement?

Soaring gold price

The price of gold rose by 5% today to $1,330 an ounce, its highest level for more than two years, as investors sought refuge in the shiny stuff following the surprise Brexit vote. The precious metal is widely considered to be a safe haven asset, and gold price movements have historically correlated well with risk aversion and market uncertainty.

I’m unsure about where the price will move from here, but I’m confident that the uncertainty is not going away any time soon. Britain’s negotiations to leave the EU and form a new relationship will likely take many years, which should make for a positive outlook for gold prices. It should also mean that gold mining stocks, such as Randgold Resources (LSE: RRS), will be a great defensive play against further volatility in the markets.

In addition to the soaring gold price, the 8% drop in the value of the pound against the dollar following the referendum result creates a double whammy benefit for London-listed gold mining stocks, as the falling exchange rate further compounds the surge in the commodity price. This means, in sterling terms, gold has risen in value by 13% today.

Randgold Resources is a good pick because it benefits from low production costs, which gives it a wide margin of safety. With an average total production cost of around $700 an ounce, its operating margins are as high as 47% with gold prices at their current levels. Its shares rose by an impressive 12% today, and I think further gains are possible, given the uncertain future.

Search for safety

Defensive stocks have fared much better than cyclical ones, as investors rush to safety.

National Grid (LSE: NG) is one of the most defensive stocks on the market, because as a regulated monopoly in the electricity and gas distribution sector, it is largely unaffected by changes in energy demand and volaility in commodity prices.

With a beta of just 0.32, the firm is rather less-cyclical and generates steady free cash flow year after year. This means the stock pays very reliable dividends, which makes it a great investment for income-hungry investors.

What’s more, the firm’s regulated inflation linked revenues means it offers solid protection against inflation – it’s dividends are inflation rated too – with the company promising to increase dividend payments by at least RPI inflation each year “for the foreseeable future”. National Grid currently yields 4.5%, with its shares up 1% today.

Weaker pound

British American Tobacco (LSE: BATS) reports its earnings in sterling, but earns an overwhelming majority of its revenues outside the UK. The 8% decline in the value of the pound will no doubt prove an immediate boost to the sterling translation of its foreign earnings.

A long-time favourite for dividend growth investors, the tobacco giant has a strong track record of delivering robust dividend growth, and has been a reliable growth story in difficult economic circumstances. I’m confident that its outlook will not have changed dramatically following the EU vote, and it seems the market agrees. At the time of writing, shares in British American Tobacco rose 4% to 4,450p.

The post Why are Randgold Resources Limited (+13%), British American Tobacco plc (+4%) & National Grid plc (+1%) bucking the Brexit downtrend? appeared first on The Twelfth Magpie.

More reading

• How much do you need in a Stocks and Shares ISA to aim for £375 a week in retirement?
• Double a state pension thanks to dividend shares? Here’s how it could be done
• Down 15%! Is National Grid’s share price really a bargain right now?
• How much second income am I aiming for with £20,000 in this superb FTSE 100 dividend star?
• 3 British dividend stocks to consider for passive income this summer

Jack Tang has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

But are these fears overblown, and is it a good time to be greedy when others are fearful? After all, bookmakers still believe the odds of Britain remaining in the EU is well over 70%. What’s more, underlying long term fundamentals are supportive too. There remains a chronic shortage of high quality space available for businesses, while the “lower for longer” outlook on interest rates should keep rental yields low and property prices buoyant.

Growing dividends

Shares in Land Securities (LSE: LAND) currently trade at an 18% discount to net asset value (NAV), despite the REIT having one of the most attractive development pipelines. With additional rental income coming in from the completion of new office and retail developments, earnings are forecast to grow 6% this year, with a further 8% pencilled in for 2017.

Since 2012, Land Securities has increased its dividend more than 20%, and I think there is more growth to come. The REIT currently yields 2.8% today, and is projected to grow its dividend by 5% in 2016. A similar amount of dividend growth should follow in the following year, giving investors a prospective dividend yield of 3.4% by the end of 2017.

Retail exposure

intu Properties (LSE: INTU), a shopping centre REIT, trades at an even steeper discount to its NAV, of 24%. But being more heavily exposed to the retail sector, intu is arguably at a lower risk from a potential Brexit. That’s because most economists don’t expect an immediate shock to consumer spending in the event of Brexit, meaning retail rents and vacancy rates should remain stable in the immediate aftermath of the EU referendum.

Shares in intu currently yield 4.7%, and city analysts are forecasting a 1% increase in its dividend this year.

Non-cyclical

Target Healthcare REIT (LSE: THRL) should keep profiting from steady growth in healthcare needs. Healthcare demand is non-cyclical, and the need for purpose-built care homes is ever-increasing, given the rapidly ageing population.

As is typical of the sector, Target Healthcare benefits from long-term full repairing and insuring leases, which include upwards-only annual rental increases. This allows the REIT to generate very predictable cash flows year after year, which enables it to pay shareholders almost all of its earnings through dividends.

Since its IPO in 2013, Target Healthcare has delivered a total return of 17%, with its shares currently yielding 5.8%.

Better yield, but higher fees

Like Target Healthcare, MedicX Fund (LSE: MXF) invests in the healthcare sector. The fund currently pays a quarterly dividend of 1.475p per share, with underlying dividend cover of 63.0%. At today’s share price of 84p, the fund currently yields 7.0%.

Although MedicX has a more attractive yield than Target Healthcare, there is a downside. MedicX charges higher management fees — its 2015 ongoing charge, which includes a 15% performance fee on total shareholder returns above 8%, was 2.83%, compared to 2.01% for Target Healthcare, according to data from the Association of Investment Companies (AIC).

Massive 7.7% yield

Finally, U and I Group (LSE: UAI) seeks to make property investments that have the potential to gemerate strong financial returns as well as long-lasting social and economic change for local communities. The REIT focuses on regenerating city centre properties and investing in higher yielding warehouse development opportunities in the British regions.

Including the 8p per share yearly special dividend, U and I Group currently yields a massive 7.7%. Its dividend is comfortably supported by an 81% payout ratio, well below the 90% level which is usually considered to be an acceptable maximum for REITs.

Trading at a 38% discount to NAV, value investors should keep an eye on this REIT.

The post 5 REITs with yields up to 7.5%: Land Securities Group plc, Intu Properties plc, Target Healthcare REIT Ltd, Medicx Fund Ltd. & U and I Group plc appeared first on The Twelfth Magpie.

More reading

• 3 beautiful bargain shares to consider for an ISA in July!
• How much do you need in an ISA to earn £19,999 a year on top of the State Pension
• How much is needed in FTSE 100 stocks to make £1,547 in monthly second income?
• Could I REALLY retire on a Stocks and Shares ISA with passive income shares?

Jack Tang has a position in Land Securities Group plc. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

It may therefore be wise for investors to protect their portfolios against the shock of leaving the EU by buying stocks that could benefit from a “leave” vote.  With this in mind, I’ve selected these three stocks: Royal Dutch Shell (LSE: RDSB), BHP Billiton (LSE: BLT) and Standard Chartered (LSE: STAN).

Foreign income

You may be surprised that I have chosen three rather cyclical stocks, but because these companies earn an overwhelming majority of their income outside of the UK, they are somewhat shielded from the potential effects of Brexit on domestic economic growth. Moreover, they will benefit from the likely slide in the value of sterling.

Leaving the EU would almost certainly bring about an immediate slide in the value of the pound – it’s such a serious risk that the Bank of England has already drawn up contingency plans to deal with the anticipated sudden outflow of sterling assets. Analysts from investment bank UBS even think Brexit could cause the pound to fall to parity against the Euro in a matter of months – that’s potentially a near 25% fall in the value of sterling.

But a weaker pound would mean income earned in foreign currencies would translate into a higher sterling value – thereby boosting earnings and dividends.

Political uncertainty

Although a potential fall in the value of the pound is positive for companies with large foreign currency incomes, investors also need to consider the risk of political uncertainty from leaving the EU. A vote to leave the EU would likely lead a two-year period of negotiations. And during this period, businesses would face considerable uncertainty about the future ease of doing business across borders.

Even though these companies conduct most of their business outside of the UK, as UK-domiciled companies they would still be confronted with increased regulatory and legal uncertainty. Faced with such risks, investors could consider UK equities as more risky investments – possibly offsetting much of the benefit of a weaker pound.

Other considerations

These stocks may be good bets on Brexit, but investors should always take into account other considerations, particularly longer term fundamentals and valuations.

Shell has a tempting 7.5% dividend yield, but its earnings are heavily exposed to commodity price risks. Oil prices recently breached $50 a barrel, but the recovery does not seem sustainable with the continued supply glut in global markets. Furthermore, Shell faces headwinds in downstream profitability, which could undermine free cash flow generation and raise questions over its dividend sustainability.

Like Shell, BHP Billiton relies on a sustained recovery in commodity prices, which does not seem all that likely. The price of iron ore, which soared more than 60% between the start of the year and late April, is on the decline again. Prices have already fallen by more than a third from its peak, and further losses are possible.

Standard Chartered, the emerging markets-focussed lender, has to contend with the economic slowdown in Asia, which is resulting in lower profitability. On a P/B valuation, the stock is tempting, with the bank trading at 0.5 times book value. Unfortunately, it will take many years for earnings to recover, and its current forward P/E of 26.9 does not appeal to me.

The post EU referendum: protect your portfolio with Royal Dutch Shell plc, BHP Billiton plc & Standard Chartered plc appeared first on The Twelfth Magpie.

More reading

• Down 7% to around £19! Is now the time for investors to consider this FTSE 100 banking giant’s deeply-undervalued shares?

Jack Tang has no position in any shares mentioned. The Motley Fool UK has recommended Royal Dutch Shell B. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

Rate risk

Banks will likely be some of the biggest winners from a “remain” outcome. British banks currently enjoy “passporting” rights to conduct their business in all EU countries, which means they don’t need to set up separate local subsidiaries in each member state they operate in. This saves them significant costs and facilitates cross-border business, which could be put at risk with Brexit.

Barclays (LSE: BARC) is one of the biggest potential beneficiaries of a “remain” vote, because it earns a larger proportion of its income from commercial customers in the UK than many of its rivals. Growth in commercial lending and investment banking revenues are highly sensitive to economic growth, which explains why Barclays is potentially most vulnerable to Brexit.

The bank’s analysts think a vote for Brexit could see the Bank of England cut rates to as low as zero. If rates are indeed cut, Barclays’ revenues are likely to fall, as interest income earned on loans and other investments shrink. Net interest margins could shrink, too, as the average cost of funding cannot fall much lower, given that the bank pays virtually no interest to most depositors. Over time, revenues will likely recover, but the short term impact will likely be very severe for the bank.

Discount narrowing

Commercial property company British Land (LSE: BLND) is a good bet on a “remain” outcome since the UK commercial property sector relies heavily on foreign investment. Foreign buyers have largely stayed on the sidelines in recent months because of Brexit fears, but normal investment flows will likely return once a “remain” vote is clear.

British Land’s discount to its net asset value (NAV) has already shrunk in recent weeks, as polls indicate that a “remain” outcome for the EU referendum is increasingly likely. Its discount to NAV peaked at a high of 28% in February this year, but has since narrowed to just over 15%.

A “remain” outcome would most likely lead to an immediate boost in investor confidence for the property sector, which should result in a further reduction in British Land’s discount to NAV. It’s been less than a year since the REIT traded at a premium to NAV, and I wouldn’t be surprised if British Land would again be valued at a premium following a “remain” outcome.

Sterling sell-off

Fashion retailer Next (LSE: NXT) is another stock that could benefit from a “remain” victory. Shares in the retailer are down 25% since the start of the year, with City analysts citing Brexit fears as the main causes behind its share price weakness.

Next purchases almost all of its products from abroad and, as an importer, it is more profitable when the pound is strong. The risk that the UK might leave the EU has already prompted a sell-off in sterling, with the pound having lost up to 10 percent of its value on a trade-weighted basis in the past six months alone. A vote to remain in the EU would most certainly be welcomed by most retailers, not only as it would benefit sterling, but also because it would be positive for domestic economic growth and consumer spending.

Moreover, valuations are attractive, with shares in Next trading at 12.3 times its expected 2016 earnings. This compares favourably to its 3-year historical forward P/E of 15.0.

The post EU referendum: Bet against Brexit with Barclays plc, British Land Company plc & Next plc appeared first on The Twelfth Magpie.

More reading

• Why Barclays shares could have a huge second half of 2026
• Here are 2 FTSE shares I’m excited about this July — and 1 I’m avoiding
• Up 50% in a year! That’s not the only reason I’d consider buying Barclays over Nvidia stock today
• Barclays shares could soon soar another 21%, according to the latest price target
• After a 160% rally, major brokers still see more gains for Barclays shares. Here’s why

Jack Tang has a position in Barclays plc. The Motley Fool UK has recommended Barclays. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

No — completely open markets maximize competition and therefore efficiency, and everyone increasingly gets to enjoy better stuff at lower prices. And that is the one thing that the EU has done for us above all else — the freedom of movement of goods and services has led to a significantly better life than we’d have had if Fortress UK had remained in splendid isolation.

The Bank of England says so

And that’s not just my opinion — it’s one shared by the Bank of England, as revealed in its recent review of the impact of EU membership. The Bank has concluded that the 40 years the UK has been a member have seen increased investment in the UK, an environment better suited to the creation of businesses and jobs, and a big improvement in productivity.

In short, being in the EU has been a very good thing for British businesses, and for the owners of those businesses — and that, dear shareholder, is you!

It hasn’t all been a bed of roses, of course, and the tragedy of the eurozone’s common currency has harmed us here in the UK too, even though we are very wisely not a party to that monumentally stupid idea. But thanks to our long-standing policy of remaining in the EU but out of the euro, the effect here has been considerably lighter than it has across Europe, with the Bank of England having been free to pursue its own economic policies best suited to our own needs. (And booms and busts like we saw in Ireland would not have happened had the Bank of Ireland had the power to set the interest rates the country needed rather than having to kowtow to what the Germans wanted.)

Political worries?

What else might you be worried about? Immigration? Well, that can be addressed by the UK government without leaving the EU. Don’t want to be part of that ever-closer political integration? Fine, we don’t need to leave the EU for that either. Silly EU rules dictating the shapes of bananas or the names we have to use for sausages? Just stop reading the tabloid press that publishes those made-up ‘scare stories’.

Our businesses do need some protection heading into the future, and it’s essential that the eurozone does not slowly become a protectionist zone of its own — in the recent words of Chancellor George Osborne, the EU “should not discriminate against any business on the basis of the currency of the country in which they reside“.

And on that score, the economic crisis might actually act in our favour in our ongoing renegotiation — we can show Germany and France that our unencumbered economic freedom has given us a much faster recovery than within the zone, and that it’s silly trying to pretend that one size really does fit all.

We need to stay in

But in the end, our businesses, our stock market, and our success as investors will suffer should we end up leaving the EU — and it would be a tragedy if the past 40 years of progress were thrown out with the bathwater.

The post Why Leaving The EU Would Be A Disaster For Investors appeared first on The Twelfth Magpie.

More reading

• With a yield of 6.8% and a P/E ratio of 12.1, is this a dirt cheap FTSE 250 stock to consider?
• Will SpaceX, Nvidia, or Alphabet be the first $10trn stock?
• Up 95%! This FTSE 100 stock’s outperformed Nvidia over the past year
• With a 9.3% yield, is this an amazing opportunity to consider buying dirt-cheap Taylor Wimpey shares?
• How much do you need in a Stocks and Shares ISA to aim for £375 a week in retirement?

Alan Oscroft has no position in any shares mentioned. The Motley Fool UK has no position in any shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.