Highlights
- 40s are the peak earning years for investors but their time horizon is shrinking.
- With age, the priorities of the investors and the allocation of stocks in their portfolio changes.
- Investors in their 40s should go for stocks of stable companies offering high returns.
Investors in their 40s are in their peak earning years but unfortunately their time horizon to invest is shrinking. Unlike investors in their 20s or 30s, who usually don’t have as much financial burden and thus can afford to go for high growth stocks and undertake greater risks, investors in their 40s have different priorities which should change the allocation of stocks in their portfolio with age. In their 40s, investors generally have a family and need to bear the expenses of their kids while planning for future financial stability. Thus, they are slightly more risk-averse than their younger counterparts and go for stable companies offering high returns.
Investors in their 40s have to play the game of financial balance to take care of their present needs as well as plan for their future. Thus, their portfolio should comprise of growth stocks for higher returns and dividend paying stocks for long term returns may also be added as the investors enter their 50s and approach retirement age.
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Let’s take a look at some of the stocks you can buy if you’re in your 40s.
Argo Blockchain PLC (LON: ARB)
Argo Blockchain PLC is company which uses blockchain technology for cryptocurrency mining and has global presence. Its current market capitalisation stands at £567.04 million, and it has given a significantly huge return of 2,387.50% in 1 year. Its YTD returns stand at 256.53%. The previous close price of Argo Blockchain PLC’s shares was GBX 121.40 as on 7 October 2021.
Zephyr Energy PLC (LON: ZPHR)
Zephyr Energy PLC mainly focuses on its oil and gas projects in the hilly areas of the US. Its current market capitalisation stands at £74.25 million, and it has given a significant return of 844.67% in 1 year. Its YTD returns stand at 506.90%. The previous close price of Zephyr Energy PLC’s shares was GBX 5.75 as on 7 October 2021.
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Audioboom Group PLC (LON: BOOM)
Audioboom Group PLC uses its digital platform to host, distribute, and monetize content. Its current market capitalisation stands at £163.21 million, and it has given a return of 497.29% in 1 year. Its YTD returns stand at 307.31%. The previous close price of Audioboom Group PLC’s shares was GBX 1040.00 as on 6 October 2021.
Quantum Blockchain Technologies PLC (LON:QBT)
Quantum Blockchain Technologies’s focus is on R&D and investments programme across the globe in the field of blockchain technology. Its current market capitalisation stands at £13.01 million, and it has given a return of 486.42% in 1 year. Its YTD returns stand at 470.00%. The previous close price of Quantum Blockchain Technologies PLC’s shares was GBX 1.45 as on 6 October 2021.
Agronomics Ltd (LON: ANIC)
Agronomics Ltd is an investment company with a focus on the environmentally sustainable prospects of the modern food industry. Its current market capitalisation stands at £201.90 million, and it has given a return of 411.61% in 1 year. Its YTD returns stand at 110.37%. The previous close price of Agronomics Ltd’s shares was GBX 25.25 as on 6 October 2021.
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