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Stocks and Stocks to Buy Now for £ 500

The rise of ultra-low-cost online stock brokers, including: Fineco Bank and DEGIRO In other words, anyone can start investing in stocks and stocks.

With these low cost brokers, if you have £ 500 to invest in the stock market today, you will build a small portfolio of stocks diversified into good stocks and more speculative investments.

The latter includes SMEs as well as technology companies. I think there are some exciting developments going on in the technology sector. I would like you to touch on these trends.

However, this strategy is not suitable for all investors. I’m still relatively young, so I can take more risk in my portfolio.

Investment advisors generally recommend that risk-averse and near-retirement investors do not trade speculative stocks or stocks. Still, I’m happy with the level of risk associated with the acquisition of a small business.

Stocks to buy and stocks

With an investment of £ 500, I will get about 5 shares. This allows you to establish a small position in each business without having to diversify your funds too thinly.

The two technology businesses I buy Blue Prism Group And Kainos Group.. I classify these companies as speculative. Because both are small players in the vast industry and have a large number of competitors.

Blue Prism Group provides robot process automation software. Kainos provides IT, consulting and software services to businesses, governments and healthcare providers.

The latter reported revenue growth of 23% in the first six months of fiscal year 2021. Meanwhile, Blue Prism announced strong results for the full year of 2020, with an estimated 40% increase in revenue. The first half of the 2021 fiscal year Revenue increased by 24%..

There is no guarantee that this growth will continue, but we would like to own these two shares in our £ 500 portfolio to build our exposure to different parts of the growing technology industry.

In addition to these more speculative investments, I also get FTSE 100 Tech stocks Avast.. The cybersecurity company reports intrinsic revenue growth of 7.9% in 2020 and expects to deliver intrinsic revenue growth in the range of 6% to 8% in 2021. As the world becomes more interconnected, cyber attacks are on the rise. I think this is a great opportunity for companies like Avast.

That said, the sector is very competitive. Avast needs to continue investing in R & D. Otherwise, you may be left behind. This is probably the biggest challenge the group is currently facing.

Strong foundation

In addition to the companies mentioned above, I also buy slowly and steadily consumer goods giants Unilever And Reckitt Ben Kieser For my £ 500 stock and stock portfolio.

I think every portfolio needs a solid foundation. A company that has been shown to be relatively defensive in all economic environments. I believe Unilever and Reckitt Benquiser will meet the bill here and complement the high-growth tech stocks outlined above.

They also provide more income with dividend yields of 3.5% and 2.7%, respectively. The biggest challenge both companies are currently facing is rising costs. These can impair the rate of return and affect the interests of shareholders.

Despite this challenge, I bought both stocks and stocks to form the basis for my £ 500 portfolio.

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Rupert Hargreaves owns shares in Reckitt Benckiser and Unilever. Motley Fool UK recommends Avast Plc, Kainos, and Unilever. The views expressed about the companies mentioned in this article are those of the author and may differ from the official recommendations made by subscription services such as Share Advisor, Hidden Winners, and Pro. Here at The Motley Fool, by exploring different insights, Better investors than us.



Stocks and Stocks to Buy Now for £ 500

Source link Stocks and Stocks to Buy Now for £ 500

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