Forget the Cash ISA! Are these 5%-plus-yielding UK shares a better way to get rich?

first_imgForget the Cash ISA! Are these 5%-plus-yielding UK shares a better way to get rich? Simply click below to discover how you can take advantage of this. Royston Wild | Sunday, 25th October, 2020 Enter Your Email Address Image source: Getty Images. Click here to claim your free copy of this special investing report now! Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. 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. Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended Admiral Group and Warehouse REIT. 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. I wouldn’t consider buying Town Centre Securities shares for my ISA though. It’s true rent collection at the property giant has been stronger than that of many of its peers. It’s collected 75% of rents for the current quarter, for example. But I worry this UK share will increasingly struggle as the economy toils and consumer confidence dives. According to GfK, confidence has slumped to its lowest since May as consumers fret over the prospect of surging unemployment. Footfall at its retail assets and car parks are also under threat from more mass lockdowns, and rents at its office spaces are pressured by the toiling UK economy. So I think Town Centre Securities is a risk-heavy buy today. I’m not even tempted by its 3.8% forward dividend yield.I’d be far happier to invest in Warehouse REIT.Unlike the aforementioned property stock, which also stands to lose out from the growing popularity of e-commerce, this other UK share is benefitting from surging online shopping traffic. Warehouse REIT has ambitious plans to continue building its portfolio of in-demand assets as well. And it purchased two logistics assets in the East Midlands and Cheshire last month for £82m. It has the financial firepower to continue on its base-building programme too, as well as to keep paying big dividends. This is why the property powerhouse boasts a massive forward 5.8% yield. See all posts by Royston Wild Our 6 ‘Best Buys Now’ Shares Why on earth would anyone want to invest for their future in a Cash ISA? Interest rates are lurking below 1% — and threatening to continue falling as the Bank of England flirts with more interest rate cuts. That means they offer very little opportunity for us to make a big cash pile for retirement. This is why I invest in UK shares instead.Link Group says the average dividend yield on UK shares for the next year ranges between 3.3% and 3.6%. Throw in the possibility that share prices could rebound strongly over the next year or two, and it seems to me like buying UK shares is a much better option than using a Cash ISA.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…3 BIG-yielding UK sharesLet’s say, however, I’m content with that sort of dividend yield. And I want to get generate larger income flows with your hard-earned cash. Well here are three top UK shares with chunky yields. But which would I buy for my own Stocks and Shares ISA?Admiral Group is a perfect pick for those seeking market-beating dividends. The yield for this year sits at a whopping 5.4%. And it has a few tricks up its sleeve to continue paying big shareholder rewards. It has excellent brand power, and its products are also indispensable, irrespective of broader economic conditions. This allows the profits to keep rolling in whatever the weather. Furthermore, Admiral has had to pay out fewer claims recently as lockdowns have reduced traffic volumes. That gives its balance sheet an extra shot of juice and provides more wiggle room to continue paying bumper dividends. 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. 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