Why I think the FTSE 100 crash is my best chance to make serious money

first_img Enter Your Email Address Image source: Getty Images. Tom Rodgers | Tuesday, 31st March, 2020 FTSE 100 investors have had to contend with plunging prices and unprecedented volatility in recent weeks. A number of records have been broken, and not good ones.The stock market crash of Monday, 9 March saw the FTSE 100 suffer its fifth-largest one-day drop in history. The double threat of coronavirus and a plunging oil price tanked markets worldwide. Then it all happened again on Thursday, 12 March. And again on Thursday, 19 March.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…As we approach the start of April, markets are all over the place. So when should investors buy good companies trading at historically low prices?Time in the marketYou may hear advice to sell everything at fire-sale prices and wait for the market to bottom out before buying back in. That’s a major mistake, in my view.There’s a great reason why time in the market is much more important than timing the market. No-one can time markets well. Anyone that does it relying on pure luck, instead of skill.One of my favourite books on investing is One Up on Wall Street, by Peter Lynch. Lynch said that “Far more money has been lost by investors trying to anticipate corrections, than lost in the corrections themselves.” If you trade 20 times a day, pulling everything out and then chucking your money back in might work. But that’s a seriously high-risk strategy and I’m just not willing to risk my savings and investments on the whim of the markets.The same idea has been echoed by every major investing figure I care to listen to. That includes the founder of Vanguard and creator of the first ever index fund, Jack Bogle. He said: “The idea that a bell rings to signal when to get into or out of the stock market is simply not credible. I don’t know anybody who has done it successfully and consistently. I don’t even know anybody who knows anybody who has.”Think long termA much better strategy — as hard as it is when all around you are panicking — is to stay invested. Pick up good companies at attractive prices, and reinvest the dividends over the long term. That’s the kind of passive income I like. You’re effectively being paid for doing nothing at all.I’ve not sold any of my investments. That includes FTSE 100 companies like Aviva and Legal & General. It includes the FTSE 250 growth champions Games Workshop and Avon Rubber. And also AIM-listed firms that have carried on growing while the markets dumped, including Team17 and Frontier Developments.Selling now, I would lose all of the compound growth I’ve built up over the years. That nervous investors panicked and dumped everything just to be sitting on tens of thousands in cash seems crazy to me.In fact, since the market crash, I’ve invested more in all of them. These are all highly cash-generative businesses with attractive dividend yields, that are trading below their fair values. If I thought each was good bet at a price-to-earnings ratio of 15 or 20, why wouldn’t I think the same at a P/E of 5 or 8?I’m treating this stock market crash for what it is. A rare window of opportunity to get access to the companies I love at bargain basement prices. 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. Our 6 ‘Best Buys Now’ Shares See all posts by Tom Rodgers Tom Rodgers owns shares in Aviva, Legal & General, Games Workshop, Avon Rubber, Team17 and Frontier Developments. The Motley Fool UK has recommended Avon Rubber. 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.center_img Simply click below to discover how you can take advantage of this. 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. 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” Why I think the FTSE 100 crash is my best chance to make serious money 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.last_img read more

Journalist shot and wounded after investigating post-tsunami land grabs

first_img Receive email alerts Covid-19 emergency laws spell disaster for press freedom to go further May 12, 2021 Find out more Follow the news on Thailand ThailandAsia – Pacific August 21, 2020 Find out more Reporters Without Borders today condemned an attack on Manop Rattanacharungporn of the Matichon daily newspaper, who was shot and badly wounded in the leg on 1 June in the southern province of Phangnga, apparently in reprisal for his reporting on illegal land appropriations in tsuanami-hit areas.At the same time, in a letter to justice minister Suwat Liptapanlop, the press freedom organisation hailed the measures so far taken by the Thai authorities in this case.”The investigation under way must lead to the arrest and trial of both the perpetrators and instigators of this serious press freedom violation,” Reporters Without Borders said.Rattanacharungporn is still hospitalised as a result of the injuries he received when two men fired on him as he was driving home from his plantation at Tambon Natoey. His newspaper believes the attack was prompted by articles he wrote a month before about the illegal acquisition by criminal groups of mangrove areas belonging to the state.The justice minister has ordered an investigation into these irregularities and he inspected the areas concerned on 5 June before visiting Rattanacharungporn in hospital. He also instructed the Department of Special Investigations (DSI) to send a team to the area to pursue the enquiries.Reached by telephone, DSI director general Sombat Amornvivat said Rattanacharungporn is now in the witness protection programme and will be called on to testify in court. He also revealed that some of those involved in the attack have been identified although they have not yet been arrested. News ThailandAsia – Pacific Newscenter_img News June 7, 2005 – Updated on January 20, 2016 Journalist shot and wounded after investigating post-tsunami land grabs Organisation Thai premier, UN rapporteurs asked to prevent journalists being returned to Myanmar News Red alert for green journalism – 10 environmental reporters killed in five years RSF_en Help by sharing this information June 12, 2020 Find out morelast_img read more