The Motley Fool

Up 100% in 2017, is the Bitcoin price an investment opportunity?

It’s amazing to think that the majority of investors are ‘beaten’ year after year by speculative investments that so many experts ‘saw coming’.

This year’s top mid-to-large cap performers like Mesoblast limited (ASX: MSB) – up 66% – a2 Milk Company Ltd (Australia) (ASX: A2M) – up 60% – and Qantas Airways Limited (ASX: QAN) – up 45% – have been out-performed by a selection of tiny biotechs, marijuana and commodities companies.

The latest incredible result has been the resurgence of Bitcoin, which has doubled since January and has returned nearly 400% since the start of 2016 for more patient investors.

The Future

I’ve mentioned previously (here and here) how bitcoin, and digital currencies in general, could impact us in the future. However, I fear the recent surge is a far more speculative bet on increased digital and physical terror activity which relies so heavily on the opaque nature of the currency.

Keen readers would have noticed that the two most recent global cyber attacks have centred around Bitcoin, either via collecting ransoms in the currency or remotely using computers to mine the currency.

Time to jump in?

It’s very easy with hindsight for the experts mentioned above to say now’s the time to buy, however one needs only look at the 5-year chart of the currency to see how volatile it’s been in it’s short existence.

The issue for everyday investors is that the next move could be another surge higher or a very sharp fall lower. The Foolish way to invest, which is successfully over the longer term, would be to ignore short term flashes of brilliance from currencies like Bitcoin and co, which are impossible to predict. Therefore Foolish investors should ignore Bitcoin to find businesses that can smash their competitors over time and create you a fortune to retire on!

Top 3 ASX Blue Chips To Buy In 2017

For many, blue chip stocks mean stability, profitability and regular dividends, often fully franked..

But knowing which blue chips to buy, and when, can be fraught with danger.

The Motley Fool’s in-house analyst team has poured over thousands of hours worth of proprietary research to bring you the names of "The Motley Fool’s Top 3 Blue Chip Stocks for 2017."

Each one pays a fully franked dividend. Each one has not only grown its profits, but has also grown its dividend. One increased it by a whopping 33%, while another trades on a grossed up (fully franked) dividend yield of almost 7%.

If you’re expecting to see the likes of Commonwealth Bank and Telstra shares on this list, you’ll be sorely disappointed. Not only are their dividends growing at a snail’s pace, their profits are under pressure too due to the increasing competitive environment.

The contrast to these “new breed” blue chips couldn’t be greater… especially the very real prospect of significant share price gains, something that’s looking less likely from the usual blue chip suspects.

The names of these Top 3 ASX Blue Chips are included in this specially prepared free report. But you will have to hurry. Depending on demand – and how quickly the share prices of these companies moves – we may be forced to remove this report.

Click here to claim your free report.

Motley Fool contributor Andrew Mudie has no position in any stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

5 ASX Stocks for Building Wealth After 50

I just read that Warren Buffett, the world’s best investor, made over 99% of his massive fortune after his 50th birthday.

It just goes to show you… it’s never too late to start securing your financial future.

And Motley Fool Chief Investment Advisor Scott Phillips just released a brand-new report that reveals five of our favourite ASX stocks for building wealth after 50.

– Each company boasts strong growth prospects over the next 3 to 5 years…

– Most importantly each pays a generous dividend, fully franked.

Simply click here to find out how you can claim your FREE copy of “5 ASX Stocks for Building Wealth After 50.”

See the stocks now