Don’t miss this once-in-a-lifetime opportunity to boost your ISA millionaire chances

first_img Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images I think 2020 is providing a great chance for those hoping to become ISA millionaires. Now, you might read talk of millionaire ambitions from time to time, and you might think it’s a bit far-fetched. But estimates suggest there are already 1,000 ISA millionaires in the UK. That’s over a period of only 20 years, starting with PEPs, which were introduced in 1999 and later converted to ISAs.That’s proof that you actually can do it, by taking advantage of two key things. The tax saving is one, but it’s not the most important. No, what really does the trick is the magic of compounding. What that means is that you reinvest all the profits from your investments every year, and let it all build up… and up and up.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…With a Stocks and Shares ISA, that means letting your dividends accumulate and then buying more shares. Talking of compounding, this is a good point to mention a Cash ISA. And, specifically, how bad they are. To make compounding work, you do need to achieve a certain minimum return each year. It’s critically important that you first beat inflation, and then any extra returns above that will translate to actual profit in real terms.Which is the best ISA?With a Cash ISA, you’d do well to get above 1% per year. The UK inflation rate has dropped to around zero right now, so that is actually positive, if only briefly. But we’re obviously hit by the Covid-19 crisis right now. And over the slightly longer term, the UK inflation rate has been running at around 2%.There’s only one way you can end up with a million pounds, adjusted for inflation, from a Cash ISA that doesn’t match inflation. That’s to invest the equivalent of more than a million and see it dwindle, which is no way to investment success.The UK stock market, by contrast, has provided an average total return (that’s share price growth plus dividends) of 4.9% above inflation for around a century. And I see no reason to think that’s going to change over the next hundred years.If you could invest the full £20,000 per year in a Stocks and Shares ISA, and you get that average annual return of 4.9% above inflation, you’d reach your inflation-adjusted million in 26 years. Over a lifetime, that’s really not very long – but £20,000 per year is a big investment.It’s a lot easier if you’re a younger investor with, say, 40 years at your disposal. To reach the target million in 40 years at the same rate of return, you’d need to invest around £8,280 per year. That’s £690 per month, and a lot more realistic for many more people.Why now?But why do I suggest now could be a once-in-a-lifetime opportunity? The length of time you invest in an ISA is key, and the longer the better. But the early days are more important, and better returns in the first few years can make a much bigger difference than towards the end.So in 2020, starting when the stock market is down could give you an extra boost. Especially if you make the effort to invest as much as you can in the first few years. 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. 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997”center_img Our 6 ‘Best Buys Now’ Shares See all posts by Alan Oscroft Alan Oscroft | Sunday, 5th July, 2020 Don’t miss this once-in-a-lifetime opportunity to boost your ISA millionaire chances Views expressed 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. Simply click below to discover how you can take advantage of this.last_img read more

Rescued 3-year-old endured heavy rain, freezing temperatures alone in the woods: ‘He’s a survivor’

first_imgTwitter/@mmooreofficial(NEW BERN, N.C.) — A 3-year-old boy found alive two days he went missing was “meant to survive” as he endured heavy rains and cold temperatures by himself in the woods, the local sheriff said.“What he survived out there — temperatures in the 20s, low 20s, the rain, the downpour that almost put our search on a standstill,” Craven County Sheriff Chip Hughes told ABC New Bern affiliate WCTI Friday morning. “This kid, he’s strong. He was meant to survive. He’s a survivor.”Casey Hathaway was found Thursday night after he went missing Tuesday in wooded Craven County, North Carolina.Casey is in good condition and resting, Dr. Nicole Check of the Carolina East Medical Center said Friday morning. After days of desperate searches for the little boy, crews on Thursday night responded to a report of a child crying in the woods and found Casey “about 40 to 50 yards in the woods, tangled up,” Hughes said.Linda Fraker, who happened to be walking her dogs in the area where Casey would eventually be found, said she thought she heard crying and flagged down a deputy involved in the search.“I just heard a small cry,” Fraker told New Bern ABC affiliate WCTI. “It was really faint. I wasn’t sure if it was a cry because they were searching for him and calling his name.”Casey was soaking wet but had his coat on, Hughes said, and “he wanted water — and his mom.”“He did say that he had a friend in the woods that was a bear,” the sheriff added. The little boy was rushed to the hospital.“Just the look on his face when his little sister came in the room, it was tear-jerking,” Hughes said. “By his condition it was pretty obvious that he had been out there for the time,” the sheriff told ABC News Friday.Hughes called this one of his most emotional and rewarding cases.“His family is so happy to have him back safe,” Check added Friday. Casey was playing outside Tuesday when he disappeared and a relative reported him missing, the FBI said. Hundreds of professional searchers and volunteers spent Wednesday pushing through the cold, heavy rain, whipping winds and rugged terrain as they looked for the little boy.Thursday morning, “only professional searchers are being used because of serious safety concerns with the weather,” the FBI in Charlotte said.By Thursday night, Casey was “good, he’s up and talking, he’s already asking to watch Netflix,” Casey’s mother, Brittany Hathaway, told reporters. Copyright © 2019, ABC Radio. All rights reserved.last_img read more