If I’d bought Bitcoin and the FTSE 100 a year ago, this is how much each would be worth today

first_img The past year have given investors all kinds of emotions. It can definitely be termed a roller coaster journey. Irrespective of which asset class you’ve been invested in, you’ll have seen major volatility.In an epic battle of the asset classes, I thought it interesting to compare a 12-month investment in Bitcoin versus the FTSE 100. When I refer to an investment in Bitcoin, I mean buying into it via a virtual coin or some other investment that tracks the price. For the FTSE 100 stock index, I assume an investment into a tracker fund that mimics the performance of the 100 constituents. Let’s begin.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…Show me the moneyUsing April to April timelines, an investment in Bitcoin would have made you just under 30%. This is using a price of $5,198 last April, versus an approximate price of $6,739 now. For a FTSE 100 tracker, your current investment would be down just over 27%. This uses a former price of 7,451 points versus a present price around 5,415 points.For traditional stock investors like myself, this initially leads to some head scratching. Have I been barking up the wrong tree in order to grow my wealth? Solely by looking at those 12-month returns, Bitcoin seems to offer by far the better option.Looking deeperThe first thing I always do after looking at the percentage profit/loss from the two different assets is see what different ratios tell me.A really useful statistic I like is the drawdown risk. This measure the difference (in percentage terms) from the highest point to the lowest point over the time period. Needless to say, the higher this number (known as the drawdown) the more risky the asset is. This is because it can be said to have higher volatility.  From high to low, Bitcoin has a drawdown of over 60%. This compares to a FTSE 100 tracker of around 35%. Now we get a clearer picture. While Bitcoin did offer superior returns, it came at almost double the volatility of a stock investment.Fair valuesSo knowing the above, what should I do now? In my opinion, the answer stems from which asset offers me the best value currently. Using financial ratios and looking at company balance sheets, various FTSE 100 firms look below fair value. Examples of this include Lloyds Banking Group and J Sainsbury.When I look at Bitcoin, I simply cannot assign a fair value to it. How much is a Bitcoin intrinsically worth? I think many investors would agree that Bitcoin doesn’t trade like a normal asset and often has random moves higher or lower. Given the volatility and unpredictability of Bitcoin, it could soar 100% in the next year. But by the same token, it could also fall 100%. I much prefer an investment with lower volatility with steadier returns. The FTSE 100 index does just that. In fact – with the slump over the past few months due to the Covid-19 pandemic, a future bounce-back could generate higher than average profit from investing now. Jonathan Smith owns shares in Lloyds Banking Group. The Motley Fool UK has recommended Lloyds Banking Group. 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. 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. Jonathan Smith | Tuesday, 7th April, 2020 “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. 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Our 6 ‘Best Buys Now’ Shares See all posts by Jonathan Smith Image source: Getty Images 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. Enter Your Email Addresslast_img read more

Could a divided camp threaten Italy’s World Cup chances?

first_img By Paul EddisonOf all the injuries suffered in the build-up to this World Cup, it’s hard to find one more catastrophic to his team’s chances than that of Sergio Parisse.The heartbeat of the Italian side will miss the opening encounter with France, at least, and a heavy defeat could all but end Italy’s quarter-final hopes before the competition gets into full swing.To call it a headache for head coach Jacques Brunel would be an understatement, but it’s hardly the only distraction facing the Azzurri boss.With the Italian domestic game in disarray, Brunel has seen the national team’s form dip alarmingly, and now he’s come under fire from veteran centre Mirco Bergamasco.The younger of the instantly-recognisable brothers missed out on selection for Italy‘s World Cup squad, and has since revealed that Brunel has struggled when it comes to communication with the squad.The Frenchman speaks Italian, but according to Mirco, whose older brother Mauro is appearing in his fifth World Cup, Brunel restricts himself to communicating with just four or five senior players.The absent Parisse is of course one of those, but the worry is that with the split between senior players and the rest of the squad, Italy are not making the most of their potential. Italy coach Jacques Brunel and captain Sergio Parisse (Getty Images) LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Of course discord between players and coach doesn’t necessarily spell disaster, four years ago Marc Lièvremont famously invited his players out for a beer after their loss to Tonga and was stood up by the whole squad.They went onto reach the final and came within a whisker of winning the title, but it’s impossible to see Italy doing the same, especially if their talisman Parisse doesn’t come back soon.center_img Friction between players and coach Jacques Brunel could threaten to derail Italy’s hopes of making the quarter finals at the World Cup And Bergamasco admits it’s unlikely the Azzurri will make it to the last eight for the first time in their history.“To be honest, I’m not very optimistic,” Bergamasco said this week on French radio.“The squad is lacking serenity and belief. And I want to be clear: I’m not saying this because I’ve been left out of the squad.“The coach doesn’t have relations with the players, he doesn’t speak and he doesn’t communicate with them,” he added.“He has failed to create a group, both on and off the pitch. He usually only refers to four or five players and forgets the rest. And that’s not enough when there are 31 (players).“When one of these four or five players is missing, the squad loses belief and collapses.”last_img read more

Historic Hire for New York Law Firm

first_img Historic Hire for New York Law Firm Share Save Heather RogersDavidson Fink LLP announced that Heather Rogers has been elected as the firm’s first female Managing Partner. Rogers joined the firm in May 2003 where she focused on commercial and residential real estate, and managed the day-to-day operations of the Default Department, which she has continued to do for over 16 years.  Among the areas Rogers practices include banking, bankruptcy, businesses, creditors’ rights litigation, default servicing, loss mitigation, REO, and residential foreclosure and real estate. Rogers is a past chair of the then approximately 4,900-member Real Property Law Section (RPLS) of the New York State Bar Association (NYSBA), and is still involved with the Executive Committee of the RPLS as the Co-Chair of the Real Estate Finance Committee. She has also served on the board as the Section Vice-Chair and Section Secretary. Rogers was selected as a Super Lawyer for the past nine years and is also a Fellow of the American College of Mortgage Attorneys.Rogers was also a 2005 recipient of the Rochester Women’s Network Up and Coming Businesswomen Award. Rogers obtained her law degree from Duquesne University School of Law. Rogers is a frequent lecturer for the Monroe County Bar Association, New York State Bar Association, National Business Institute, and Lorman on a wide range of real estate related topics, including residential real estate, mortgage foreclosure and workouts, landlord tenant matters and UCC updates, and compliance. She also offers detailed training sessions to clients regarding the New York Judicial Foreclosure Process.Erin DiFrancescaThe firm also announced the promotion of Erin DiFrancesca to Director of Operations for the firm. She has been with the firm for 12 years and has held various roles within the firm, most recently Director of Default Operations. She has been running the Default Servicing Department alongside Rogers for the past seven years.  Sign up for DS News Daily Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: new hires Related Articles  Print This Post July 30, 2019 1,269 Views The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Historic Hire for New York Law Firm in Daily Dose, Featured, News Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago new hires 2019-07-30 Mike Albanese The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: Fannie Mae Announces New CIRT Transaction Next: Gauging Risk for Renters Servicers Navigate the Post-Pandemic World 2 days ago About Author: Mike Albanese Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribelast_img read more