I’d buy these 10 UK shares now to get rich in the stock market recovery

first_imgI’d buy these 10 UK shares now to get rich in the stock market recovery 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. Enter Your Email Address The high-calibre small-cap stock flying under the City’s radar Harvey Jones | Monday, 7th December, 2020 I’d also consider this. Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has recommended Barclays, Hargreaves Lansdown, and 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. Our 6 ‘Best Buys Now’ Shares 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 of this special investment report — and we’ll tell you the name of this Top Small-Cap Stock… free of charge! Image source: Getty Images Simply click below to discover how you can take advantage of this. UK shares are on the up, as the recent vaccine breakthrough signals a brighter 2021. History shows that stock markets always recover strongly following a crash like the one we have seen this year, and I’m hoping for a positive performance of the FTSE 100 and FTSE 250.A good way to take advantage is to buy a spread of high-quality UK companies while their share prices are still relatively cheap. The aim should be to hold on for the long term, in order to generate dividend income and growth. This should also help overcome further short-term volatility.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…Here are 10 UK shares I would look to buy right now, to get rich when the recovery comes.I’d target these UK shares nowFirst, I would target either BP or Royal Dutch Shell, because if the world starts moving again, it will also start consuming more fuel. That will drive up the oil price, and these two FTSE 100 listed oil majors will benefit. Yes, they have to fund a shift towards renewable energy, but their fossil fuel earnings aren’t going to dry up overnight.I think the global economy could snap back pretty quickly from what is actually an artificial depression, mandated by government lockdowns. If that is the case, demand for metals and minerals will soar. I think the best way to play this trend is to buy FTSE 100 listing mining giant such as BHP Group and Rio Tinto. Like BP and Shell, these UK-listed shares both offer attractive yields.If stock markets recover next year, that will benefit companies with direct exposure to the ups and downs of equities. That’s why I’d also look at buying investment platforms AJ Bell and Hargreaves Lansdown. Investors are sitting on a pile of cash after this year, and if they direct a chunk of that into UK shares, these two should see hefty inflows.The stock market recovery will comeIncredibly, house prices are soaring in this difficult year, rising 6.5% in the year to 30 November, according to Nationwide. That is due to a range of factors including record low interest rates, pent-up demand, Chancellor Rishi Sunak’s stamp duty holiday, and government support schemes such as Help to Buy. A great way to play this is to invest in the shares of UK housebuilders, such as Barratt Developments and Berkeley Group Holdings.Finally, I would look at the big banks. They have had a rotten decade since the financial crisis, but that put them in good stead for the pandemic, by forcing them to strengthen their balance sheets.If the UK goes gangbusters next year I think Barclays and Lloyds Banking Group could both rally strongly. Their share prices have both jumped by more than a third in the last month alone. Yet they aren’t expensive, trading at around 10 to 11 times earnings. I’d buy these two UK banking shares today, and hope they restore their dividends sooner rather than later. See all posts by Harvey Jones Adventurous investors like you won’t want to miss out on what could be a truly astonishing opportunity…You see, over the past three years, this AIM-listed company has been quietly powering ahead… rewarding its shareholders with generous share price growth thanks to a carefully orchestrated ‘buy and build’ strategy.And with a first-class management team at the helm, a proven, well-executed business model, plus market-leading positions in high-margin, niche products… our analysts believe there’s still plenty more potential growth in the pipeline.Here’s your chance to discover exactly what has got our Motley Fool UK investment team all hot-under-the-collar about this tiny £350+ million enterprise… inside a specially prepared free investment report.But here’s the really exciting part… right now, we believe many UK investors have quite simply never heard of this company before!last_img read more

“Finding the heirs apparent”: Leadership succession planning

first_img 12SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,John Vardallas John A. Vardallas CAE, CUDE is Founder/CEO of The AmericanBoomeR Group, a Madison, Wisconsin based speaking/consulting firm. He is also Senior Faculty Advisor/Project Evaluator for SCMS and … Web: www.theamericanboomer.com Details The Key for Ensuring Your Credit Unions FutureStrategic succession planning is a proactive, future based practice that all credit union leadership should engage in to ensure the future of your credit union. With the wave of current and near future CEO retirements that are expected in the next five years, credit union senior leaders and Boards should be prepared to avoid the “leadership gap”.A good number of boomer age CEOs will be leaving the workforce and credit unions can find themselves in a reactive situation if a proper succession planning process has not been adopted into place.Many credit unions are responding to the departure of a CEO by looking outside the organization for a new leader. But they soon may be looking again according to studies by the Center for Creative Leadership that found 66% of those hired from the outside usually fail within their first 18 months. Why, because they don’t know the culture or business philosophy and are the wrong personality profile.Succession planning should help credit unions cultivate new credit union leadership. We need to grow our own leaders by developing our own people!It starts with a “Talent Development” culture and an investment in training.Credit Union Board and management have an obligation to the members to continue the credit union for future generations. Your succession plan should cultivate predictability versus chaos in reducing the anxiety and fear in preparing for retirement as well as unexpected departures of leadership.Credit Unions should consider a Six Step Approach to Succession Planning:Forecast business & leadership needs.Generate a list of desired leadership competencies/attributes.Assess Internal Talent and identify gaps.Provide Training & Development opportunities.Hold people accountable for their own career developmentReview Governance Policy annually for Emergency Succession Planning.Credit Union CEOs should always be developing leadership by mentoring and coaching potential leaders. Encouraging and allowing for job rotations, fostering professional development and exposing people to growth opportunities. Monitoring internal and external equity by staying competitive with compensation packages and being aware of the job market might keep good talent from bolting for minimal monetary gains and prevent executive poaching.Tips for Boards for designing a succession plan include:Take stock. How is the credit union performing? What are its strengths/weaknesses? Is it going in the right direction? Should you be looking for a candidate to keep the credit union on course or change direction?Draft a list of possible successors to the CEO both internally and externally.Appoint a committee to oversee the succession process.Increase the credit unions bench strength via development of senior staff and exposure to the Board.Determine talents/traits/right culture fit needed for your new CEO.Conduct thorough background checks.If looking outside of the credit union for future leaders utilizeExecutive Search firms.Create a timeline and limit the succession time frame—waiting too long leaves the credit union vulnerable to missed opportunities in the financial services marketplace.The keys to effective credit union succession planning and ensuring your credit unions future lie in making it part of your credit unions overall strategic business planning process. Your top leadership must embrace and plan for change. Choose your leaders for the Future–not the past. Today s credit union leaders should be preparing the credit union for tomorrow s members.Think of your succession plan as your Credit Unions “Leadership Will”—  What legacy will you leave?last_img read more