The Motley Fool

Forget Bitcoin! I’d get rich for a comfortable retirement like this instead

Image source: Getty Images

Cryptocurrency owners will recognise days like this: check the Bitcoin price, toddle off to make a cup of tea and when you look again you’re £500 up. Then make yourself a slice of toast to celebrate and by the time you return, you’ve lost £1,000.

Volatility is back in the Bitcoin price. Since the end of June, the world’s largest cryptocurrency has also lost 47% of its value.

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...


It’s certainly tempting to buy Bitcoin in the vain hope of making big profits. Lord knows I’ve done it myself. After all, it’s the future of money and the currency of the internet, right?

Cryptocurrency remains widely under-regulated worldwide, and nervous central banks could still decide to regulate Bitcoin out of existence. If you want to wake up in a cold sweat having lost thousands of pounds overnight, then sure, give it a punt. If you actually want to make yourself richer, there are better ways.

Fund a happy retirement

The first thing I would do instead is look at a dividend-paying UK ETF to take advantage of the best-paying companies in the FTSE 100. One of the most highly regarded of these is the BlackRock-run iShares UK Dividend UCITS ETF. It produces a 6.6% dividend yield, which comfortably outstrips the market average by tracking the price of the 50 highest payers in the UK’s largest index of companies by market cap.

Secondly, I would look at a popular actively-managed fund with a good reputation. Dealing charges tend to be free, which means if you only have small amounts to invest you aren’t automatically losing money every time you buy in.

Common favourites like the Lindsell Train Global Equity fund have taken a dip recently, partly because of the fallout from the Neil Woodford debacle infecting investor confidence, and partly because of softness in global growth and there being no end in sight to the long-running US-China tariff war.

However, any price drop means a better entry point for new investors, and taking a long-term view will show you why Nick Train and Mike Lindsell remain among the UK’s richest fund managers.

One fund that doesn’t get as much press but is equally worth your time is the Evenlode Global Income fund, which focuses on companies with globally diverse income streams, truly sustainable dividend growth, and high levels of free cash flow. Its top five holdings are Unilever, Henkel, Intel, Medtronic and Essilor and at £544m, it’s not the largest out there, but is one of the best-run in my opinion. Dividends are paid four times a year, and co-managers Ben Peters and Chris Elliot make a specific point of not adding in or taking away stocks from the fund too frequently. This low turnover allows them proper time to make the most of growth across a diversified portfolio.

Long and short of it

You might feel out of the loop if you haven’t apportioned at least some of your portfolio to Bitcoin. But if you’ve ignored the hype then you’ll likely make yourself richer than the crypto crowd.

If you’re serious about making yourself richer to actually enjoy your retirement, there are smarter ways to go about it.

“This Stock Could Be Like Buying Amazon in 1997”

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.

Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!

Tom has a small position in Bitcoin. 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.

Where to invest £1,000 right now

Renowned stock-picker Mark Rogers and his select team of expert analysts at The Motley Fool UK have just revealed 6 "Best Buy" shares that they believe UK investors should consider buying NOW.

So if you’re looking for more top stock ideas to try and best position your portfolio in this market, then I have some good news for your today -- 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.

Simply enter your email address below to discover how you can take advantage of this.