Should I buy Tesla stock or NIO stock for my ISA?

first_img Enter Your Email Address Rupert Hargreaves | Saturday, 20th February, 2021 | More on: TSLA NIO See all posts by Rupert Hargreaves Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” 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. Should I buy Tesla stock or NIO stock for my ISA? Stocks and Shares ISAs have some unique tax advantages. These advantages make them the perfect wrapper to hold high-growth investments such as Tesla (NASDAQ: TSLA) stock and NIO (NYSE: NIO). However, these investments are not going to be suitable for all investors. High growth stocks and shares can be incredibly risky.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…So, while they may have the potential to earn a large return for investors, there’s also the risk of large losses. As is the case with all stocks and shares, investors should only ever invest as much as they can afford to lose.ISA advantages An ISA wrapper can be one of the best ways to own investments. Operated like a regular dealing account, investors can deposit up to £20,000 a year into a Stocks and Shares ISA. There’s no tax to pay on income or capital gains earned on funds invested through one of these products. Investors can hold stocks and shares inside an ISA traded on what is known as a recognised stock exchange. This includes large American exchanges like the New York Stock Exchange and NASDAQ. NIO stock is traded on the NYSE, and Tesla stock is traded on the NASDAQ. However, there are some critical differences in investing in US equities compared to UK stocks. Currency movements can impact returns, and there may also be higher commission costs involved. This is why US equities may not be suitable for all investors. However, I’m comfortable with the level of risk and challenges involved. Tesla stock vs NIO stockWhen it comes to deciding which company is better, I believe Tesla has the advantage. NIO has potential, but the company is still in its early stages, unlike its peer. Tesla is already one of the world’s largest car manufacturers, and its electric vehicles are in operation and recognisable the world over. NIO has nowhere near the same level of visibility at present. That’s not to say that the company does not have a bright future. Electric vehicles are rapidly gaining market share, and the market potential is vast. The global electric vehicle market was valued at $162bn in 2019 and is projected to reach $803bn by 2027. I think these figures illustrate the market potential of these businesses. Of course, they are not the only electric car manufacturers, but they are two with the highest profiles. This should help them grab market share and attract consumers as the electric car market grows. That being said, these companies aren’t without risks. Both businesses are struggling to earn a profit. Tesla stock has surged off the back of the company’s rising output, but the firm also recently had to recall over 134,00 vehicles. I think that shows that the organisation still has teething problems. Meanwhile, there have been questions asked about NIO’s accounting practices and product quality. These challenges could pose a risk to the firm’s growth in future. Still, as a way to play the electric vehicle boom over the next decade, I would buy Tesla stock for my ISA and avoid NIO stock. However, I would keep a close eye on the latter business. As if its growth takes off, the firm may give Tesla a run for its money. center_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Rupert Hargreaves does not own any share mentioned. The Motley Fool UK owns shares of and has recommended Tesla. 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. Simply click below to discover how you can take advantage of this. 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. 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. Image source: Getty Images last_img read more

Flags to half-staff to honor former First Lady of Indiana Susan Bayh

first_img Twitter By 95.3 MNC – February 12, 2021 0 166 Facebook WhatsApp Pinterest Google+ WhatsApp Flags to half-staff to honor former First Lady of Indiana Susan Bayh Google+ Previous articleSome Indiana hospitals feeling the effect of the pandemic baby boomNext articleAnother snowy and cold winter weekend for Michiana 95.3 MNCNews/Talk 95.3 Michiana’s News Channel is your breaking news and weather station for northern Indiana and southwestern Michigan. (Photo supplied/Evan Bayh Committee) Indiana Governor Eric Holcomb is directing flags across the state to be flown at half-staff to honor former First Lady Susan Bayh.As the memorial for former First Lady will be held at a later date when health conditions allow, flags should be flown at half-staff in her honor from now until sunset on Thursday, February 18.Gov. Holcomb also asks businesses and residents to lower their flags to half-staff. IndianaLocalNews Twitter Pinterest Facebooklast_img read more

Local snaps up Mount Ommaney masterpiece

first_imgImpressive views.A THREE-STOREY home with one of the best viewsin Mount Ommaney was the biggest sale across the southwest for the week.The home at 10 Tiara Close was sold for $1.35 million, according to agent Alex Jordan from McGrath Estate Agents.It was on the market for a little over two weeks before it was snapped up by a local resident.The sale was the first time the home had been on the open market, as the previous owner had it built around 18 years ago.Mr Jordan said it was one of the nicer premium homes in the suburb.“It is immaculate inside and out,” Mr Jordan said.Perfect for summer.More from newsDigital inspection tool proves a property boon for REA website3 Apr 2020The Camira homestead where kids roamed free28 May 2019The home was built on one of the highest points on Mount Ommaney in a quiet cul-de-sac that is just behind the Brisbane River.The modern home is at one of the higher points in the neighbourhood.“This is one of the better streets of Mount Ommaney, but you can still get cheaper homes there,” Mr Jordan said.Modern interiors with exceptional views.The home was designed by prominent architect Ian Webb and has five bedrooms across its three stories and an expansive outdoor entertainment area with a pool and a covered patio.The current median house sale price in the suburb is $879,000.last_img read more

Oba of Lagos, others set for Kings College 100 years Inter House Sports

first_imgRelatedPosts King’s College solicits FG support infrastructure for renewal Finalists emerge for GTBank Master’s Cup Kings’ College holds leadership session for graduating students The Oba of Lagos, Rilwan Akinolu, and others are set to witness the 100 years Inter House Sports of Kings College on Saturday this week. Others to grace the occasion include the Permanent Secretary, Federal Ministry of Education, Sommy  S.T. Echono; Chairman, Sports Connect Consultancy Limited, Dr. Kweku Adedayo Tandoh; Director, Basic and Secondary, Federal Ministry of Education, Abuja and Chairman, School Based Management Committee, Alhaji Jani Ibrahim. The Director and Principal of Kings College, Lagos, Andrew Agada, who confirmed the development, said: “Sports is important for the proper education of the youth and future leaders of the nation, which Kings College stands for. “It inculcates the virtues of team spirit, emphasises acceptance of rules and ensuring fairness for all. “It keeps them fully occupied outside the classrooms and so they are less available for cultism and other negative activities, which may impair their progress. “It is also an avenue for students to relax after series of academic (brain) work. “As the saying goes: all work and no play makes jack a dull boy.”Preparation Agada said: “Staff and students have been on their toes in the last four months in spite   of the tight schedules occasioned by National competitions, which have just been concluded. “Staff at different committee levels and even parents took it upon themselves with courage and determination to put the event of the 100th edition of the Inter House sports   together. “We have extended invitation to some eminent Nigerians and even the old Boys of the College. Importance Agada said: “Students in school learn to live together irrespective of tribe, religion, and diverse culture. “Sport remains a unifying factor. “Sports also give the youths training in leadership and National Unity. “A nation whose youths are regularly occupied think less of cultism and other vices, which may impede national/personal progress.Achievements Agada said: “History had it that 1920 was a major milestone in the history of sports in King’s College. “The  years between 1920 and 1970 can be described as a Golden Era of Sports in King’s College. “Students broke records in the school and the Country. “The college was also instrumental to the establishment of Athletics Association in Nigeria in 1944. “There were competitions in all four major sports, that is Athletics, Cricket, Football and Hokey. “However, the inter house Athletics competition was one of the biggest sporting events   in the College Sporting Calendar. “From this event, so many talents were discovered, nurtured and made to represent  Nigeria, among whom was late Alhaji A.K. Amu, who in his lifetime occupied various important positions in the field of sports. “For example, he was one time Director of Sports in the Old Bendel State and member of Top Management at the National Institute for Sports in Lagos State. “Alhaji Femi Okunnu (SAN), another Old Boy, represented the country in various athletics events.”Problems Agada said: “The major problem is the lack of funds to provide equipment and upgrade the existing facilities to meet up with the ever increasing population of the college. “Inadequate human and material resources. “Lack of space is another challenge coupled with loaded curriculum. “There is therefore need for government and other stakeholders like corporate bodies, captains of industries to come to the aid of many yet to be identified talented youths of Nigeria that are in our college.Tags: Adedayo TandohJani Ibrahimkings collegeRilwan AkinoluSommy Echonolast_img read more