With lockdown savings to invest, I’d buy the best UK shares for my ISA

first_img 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. Paul Summers | Monday, 25th January, 2021 Simply click below to discover how you can take advantage of this. Image source: Getty Images With lockdown savings to invest, I’d buy the best UK shares for my ISA Get the full details on this £5 stock now – while your report is free. FREE REPORT: Why this £5 stock could be set to surge If there’s one silver lining to the horribly dark coronavirus cloud, it’s that some of us have been able to save money while working from home. In fact, a survey conducted by Aldermore Bank last year found that those prevented from making the daily commute saved an average £110 per week! I’ve been able to save but the question is, what should I do with this money? The answer is that I’m buying what I think are the best UK shares. Here’s my strategy.Cash bufferBefore reading on, let me make one thing clear. I wouldn’t dream of investing a single penny of lockdown savings into the stock market if I didn’t already have a cash buffer to begin with. With the outlook on the economy murky at best, a financial safety net for dealing with life’s little emergencies is vital. I’d say the same thing even in good times. 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…Clearly, exactly how much cash a person keeps in reserve will depend on their circumstances. The typical suggestion is between three and six months’ worth of outgoings. But my simpler rule of thumb is whatever allows me to sleep at night.Buying the best UK sharesNow that my cash savings are in place, I’m throwing the remainder at the stock market. Although opinions will naturally vary on what the best UK shares are at any point in time, I’m using the following criteria.  Profitable (no glitzy, loss-making US IPO stocks for me)No/low debt (a robust balance sheet means a company is less likely to tap its investors for cash in a crisis).A competitive advantage over rivals (such as easily-recognisable, high-quality brands)Likely to grow organically in the years aheadLarge market share (leaders in niche markets are particularly attractive)A history of generating high returns on the money management invests (a.k.a ROCE)A steadily rising dividend would be nice (although size isn’t as important as consistency) Valuation isn’t mentioned at all. This isn’t because I think it’s irrelevant (after all, no stock is worth buying at any price). It’s more to do with my acceptance that the best UK shares rarely appear at ‘sale’ prices. When they do (such as last March), it’s not often for very long.I’d always use an ISAHow much money I can make from investing my lockdown savings rests on a few things. These include how much I put to work and what I choose to buy. Both depend on my attitude to risk and how long I plan to stay invested. What’s right for me might not be right for someone else. Were I less inclined to pick stocks, then a more passive approach might be appropriate. This would take the form of buying shares in funds that track indices or major themes. An alternative would be to let a group of consistently successful fund managers make decisions on my behalf. There’s nothing wrong with combining both approaches either.Regardless of which option I choose, I really do need to hold everything within an ISA. Investing my lockdown savings this way ensures any profits I make are wholly mine. I’ll pay no capital gains tax on my winners and no income tax on any dividends. This will make a massive difference to my returns over the next few decades.center_img Enter Your Email Address Our 6 ‘Best Buys Now’ Shares 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. 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. Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. See all posts by Paul Summerslast_img read more

First coronavirus case confirmed in Syria’s northwest: Aid groups

first_imgThe first coronavirus case was confirmed in northwest Syria on Thursday, aid workers said, raising fears for a region where hospitals lie in ruins and camps overflow with people after nearly a decade of war.Doctors have worried for months about the pandemic reaching the northwest, Syria’s last big rebel bastion, where an army offensive uprooted around a million people earlier this year.The person infected is a physician at Bab al-Hawa hospital near the Turkish border, said a report from the Assistance Coordination Unit (ACU), a group which delivers aid and belongs to the Syrian opposition. He isolated himself as soon as he showed symptoms this week and anyone who came in contact with him will be tested, said the ACU, which has received Western and Turkish Backing.Aid workers have warned that any outbreak in the crowded camps for the displaced would be lethal and fast. The tented makeshift settlements often do not have clean water, let alone space for social distancing.Test kits have also been scarce.The UOSSM medical charity, which operates in rebel territory and also reported the case, warned the virus could “spread through refugee camps like wildfire.””The medical infrastructure cannot handle the existing population needs let alone a wide spread pandemic,” it said in a statementTopics :last_img read more

Driving test safety precautions

first_imgAddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisALPENA, Mich. — In March driving schools in Michigan had to close their facilities because of the COVID–19 pandemic.According to Stroia School of Driving Instructor, Timothy Witman, since May its been difficult keeping up with their scheduling because of the backlog.Stroia implemented precautions which entailed wearing masks and also sanitizing their own vehicles but one test taker who preferred to test in his own van had other concerns.Witman said he takes other safety measures when riding in a personal vehicle.He also said while the backlog is keeping them very busy, he enjoys what he does and feels safe.The enjoyable part for the test taker is when they pass.For more information on a list of precautions to take when using your personal vehicle, you can visit www.stroiaschoolofdriving.com. AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisContinue ReadingPrevious Bipartisan agreement approved for K-12 students return to schoolNext Second mural of the summer completed in Downtown Alpenalast_img read more