Time to sell your stocks? Here’s why I’m buying stocks in the crash right now!

first_img See all posts by T Sligo 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. Enter Your Email Address These are scary times. No one is sure about how the coronavirus will affect society, or how long for.Every day the news seems to change. Travel restrictions are being implemented, meaning some airlines are suspending flights. Mass gatherings are being cancelled, and many people are panic buying in anticipation of shortages or a lock-down.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…As this is a rapidly changing situation, the information available seems to be unclear. Therefore, it is no surprise that stock markets throughout the world have taken a pounding. It should be noted that these are probably early days.Investors hate uncertainty. I suspect that the market will remain volatile for a long time to come. In the past month alone, the FTSE 100 has lost roughly 27% of its value.Is now the time to sell your stocks and move across to a ‘safer’ asset, like gold or cash? Let’s take a look.The case to sellIt takes a lot of nerve to be buying stocks when everyone around you seems to be selling.I believe it is important to remember the reason why you bought the stocks in the first place. Hopefully, you have investing principles that you stick to. It might be that you only buy shares in companies that are well-managed and have a competitive edge over rivals.If nothing has changed, I usually question why someone would sell their ownership in a company. But this situation is different. These are unprecedented times and no one is sure how the coronavirus crisis will affect business. Certain industries will be harmed more than others.It is better to cash out of a business that is about to fail. However, this is hard to predict, and a business that appears to be on the ropes could see its value surge when the coronavirus has passed. It is worth remembering that by selling, you will turn a paper loss into an actual loss.Now might be a time to buy quality shares at a price below intrinsic value.Why I’m buying stocksTo date, I have not sold a single share, despite the value of my holdings falling.However, in these early stages, I have not bought any individual shares. I am still unsure about what companies or industries will be affected.Yet, I realise that successful investing requires a long-term outlook. No one knows how long the coronavirus will last. However, I remain confident that UK businesses will be successful over the next 20 years.That is why I am currently buying stocks in index funds. With the stock market plunging to its current levels, it is a challenging environment to invest. However, I believe by buying a regular amount in an index fund, investors could benefit from pound-cost-averaging, helping to ride out market slumps.This is a fast-moving situation and grasping the facts is challenging. For those reasons, although picking up a bargain stock is probably possible in the market, I believe purchasing index funds could be a safer option. “This Stock Could Be Like Buying Amazon in 1997” 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. Our 6 ‘Best Buys Now’ Shares 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.center_img Simply click below to discover how you can take advantage of this. T Sligo | Friday, 20th March, 2020 Time to sell your stocks? Here’s why I’m buying stocks in the crash right now! Image source: Getty Images. Views expressed 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!last_img read more

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How I’d invest £500 right now in UK shares

first_img Rupert Hargreaves | Saturday, 7th November, 2020 Simply click below to discover how you can take advantage of this. £500 saved and want to get started with an investment portfolio? There are plenty of different investment strategies to use. However, I wouldn’t invest directly in UK shares just yet as execution costs could eat up a substantial proportion of the investment.Although some online stockbrokers now offer commission-free trading, other costs, such as stamp duty, which is usually set at 0.5% of the transaction value, and the spread between the buying and selling prices on offer, can’t be avoided.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…Then there’s the problem of diversification. A lump sum of £500 isn’t really enough to build a diversified portfolio effectively. Instead, an investor might end up owning just one or two stocks, which can be quite risky. Luckily, there are plenty of other ways of investing a small lump sum in the UK shares. Building a portfolio of UK sharesThe most straightforward way to build a diversified portfolio of investments is to buy a fund. There are thousands of different funds on the market, many of which claim to follow different investment strategies. This crowded universe may seem confusing at first. To overcome the bewildering array of funds on offer I tend to focus on passive tracker funds and investment trusts. Passive tracker funds replicate the performance of a stock index, such as the FTSE 100. All the fund manager has to do is duplicate the underlying stock index. There’s almost no risk the fund manager will pick the wrong investments. What I’d keep an eye on however, is cost. The best passive tracker funds on the market charge fees of less than 0.1% a year. As they all do the same thing, there’s no need to pay any more than this basic charge. Owning a passive tracker fund is one of the best ways to invest a small lump sum. Transaction costs and fees are usually minimal, and it provides instant diversification. Investment trust optionsFocusing on investment trusts is another strategy I use. Investment trusts are different from passive tracker funds because they usually have an investment manager who picks assets to buy and sell. They can also invest in other asset classes.Two of my favourite investment trusts, Personal Assets Trust and RIT Capital Partners, invest in assets such as gold, hedge funds and private businesses, for example. It would be difficult for me to own a similar portfolio of investments without teaming up with other investors.  If one’s comfortable buying an investment trust, such as the two listed above, then this could be an attractive strategy to invest £500 right now in UK shares. If not, then I’d choose to buy a passive tracker fund as this would give access to the market with minimal fees and research, and maximum diversification.  Rupert Hargreaves owns shares in Personal Assets Trust. The Motley Fool UK has no position in any of the shares mentioned. 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. “This Stock Could Be Like Buying Amazon in 1997” 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Sharescenter_img How I’d invest £500 right now in UK 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. Image source: Getty Images 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. Enter Your Email Address See all posts by Rupert Hargreaveslast_img read more

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4 UK shares (including a FTSE 100 stock) I’d buy in my ISA and hold until 2030

first_imgSimply click below to discover how you can take advantage of this. Royston Wild owns shares of Clipper Logistics. The Motley Fool UK has recommended Clipper Logistics and Standard Chartered. 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. Image source: Getty Images 4 UK shares (including a FTSE 100 stock) I’d buy in my ISA and hold until 2030 The outlook for the global economy remains pretty murky as we head into 2021 proper. A worsening Covid-19 crisis and returning lockdowns across the world are sparking fears over the economic rebound. Brexit, and fresh rounds of trade wars in recent months, could also stymie the recovery. The profits picture for many UK shares remains less than reassuring, then.All of this hasn’t stopped me from continuing to buy stocks in my ISA, though. Sure, the economic recovery might prove lumpy in the short term. But there are still stacks of top UK shares that should thrive in 2021 and beyond. Here are several I’d buy for this year and hold until the end of the decade: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…#1: ForterraA bright outlook for the housing market makes brickbuilder Forterra a brilliant buy for the 2020s. Britain might be facing colossal economic uncertainty due to Covid-19 and Brexit. But thanks to low interest rates and the government’s Help to Buy purchase support schemes, sales of new build homes are flying. Housebuilding in the UK hit three-decade peaks just before the pandemic hit construction sites. And build rates — and therefore demand for Forterra’s bricks — should keep going from strength to strength.#2: Clipper LogisticsSoaring e-retailing activity should underpin terrific profits growth at Clipper Logistics in this new logistics. I own this particular UK share in my Stocks and Shares ISA, and fresh trading details released this week have rewarded my faith. Clipper — which supplies warehousing and delivery services for e-commerce — said that it enjoyed “unprecedented levels of activity” over the Black Friday and Christmas periods. Logistics revenues rocketed 50% year on year for the periods spanning November and December, it said.#3: GB GroupI believe GB Group is another great way to play the internet shopping theme. This UK share provides address and individual verification services that make sure e-retailers get their product to the right place. Its outlook is boosted by the growing threat of online fraud as well. As the boffins at Edison note: “the acceleration in digital transformation during the pandemic highlights the long-term structural growth opportunity for GB Group”. The broker suggests that “the company is ready to resume investment in priority areas” thanks to its strong balance sheet and profits resilience, too, and that it “has an active acquisition pipeline”.#4: Standard CharteredGetting exposure to the rocketing Chinese economy is also a splendid idea for UK share investors. According to the World Economic Forum the Asian powerhouse’s economy will rise by 5.7% annual between now and 2025. Compare that to the 2% yearly increase that the US economy is tipped to expand by over the same period. I think investing in Standard Chartered is a great cyclical share to ride this opportunity. The FTSE 100 bank sources more than 40% of operating income from Greater China and North Asia, making it the company’s single-largest market. And the steady opening up of the country’s capital markets will provide ample profits opportunities in the years ahead. “This Stock Could Be Like Buying Amazon in 1997” 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.center_img See all posts by Royston Wild Royston Wild | Friday, 8th January, 2021 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. Enter Your Email Address 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!last_img read more

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France: Legal proceedings threaten news website’s freedom to inform

first_img RSF_en “It is unacceptable that journalists are being prosecuted on charges punishable by imprisonment when all they did was divulge information in the public interest,” RSF secretary-general Christophe Deloire said. “What kind of country has this become when journalists are officially threatened with imprisonment for uncovering information about the National Front’s funding?” France is ranked 39th out of 180 countries in RSF’s 2017 World Press Freedom Index. Receive email alerts The summons said they are suspected of “violating the confidentiality of a judicial investigation” and “publishing the records of judicial proceedings.” It also pointed out that they are facing the possible of imprisonment. Help by sharing this information Reporters Without Borders (RSF) condemns the abusive judicial complaints being brought with increasing frequency against French news website Mediapart with the aim of forcing it to reveal its sources and thereby gagging its investigative reporting. Follow the news on France The website’s investigative reporting helped pave the way for several judicial investigations into the National Front’s finances. But it also resulted in two of its journalists, Marine Turchi and Fabrice Arfi, being summoned for questioning on 23 May at the headquarters of the crime squad known by the initials BRDP. May 10, 2021 Find out more News News RSF had long campaigned for the repeal of legislation that makes it a crime to receive confidential information from a judicial investigation. RSF had long campaigned for the repeal of legislation that makes it a crime to receive confidential information from a judicial investigation. June 2, 2021 Find out more The latest of the many complaints against Mediapart, which threaten its freedom to inform, comes from National Front leader Marine Le Pen in response to seven Mediapart stories about the sources of the party’s funding.center_img In France, many legal complaints that politicians bring against journalists are based on inappropriate legislative provisions. June 4, 2021 Find out more Use the Digital Services Act to make democracy prevail over platform interests, RSF tells EU News to go further During their interrogation, Arfi and Turchi were asked to name they sources. They refused to answer any questions and instead made a statement for the record in which they said they were the victims of yet another manoeuvre designed to obtain the identity of their sources and hijack media rights. “We’ll hold Ilham Aliyev personally responsible if anything happens to this blogger in France” RSF says FranceEurope – Central Asia Media independenceProtecting sources Judicial harassmentFreedom of expression MARTIN BUREAU / AFP Organisation FranceEurope – Central Asia Media independenceProtecting sources Judicial harassmentFreedom of expression June 1, 2017 France: Legal proceedings threaten news website’s freedom to inform RSF denounces Total’s retaliation against Le Monde for Myanmar story Newslast_img read more

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Reporters Without Borders outraged at Siamak Pourzand’s treatment in hospital

first_img April 20, 2004 – Updated on January 20, 2016 Reporters Without Borders outraged at Siamak Pourzand’s treatment in hospital Organisation IranMiddle East – North Africa Iran is stepping up pressure on journalists, including foreign journalists, in run-up to election June 9, 2021 Find out more Receive email alerts June 11, 2021 Find out more IranMiddle East – North Africa Call for Iranian New Year pardons for Iran’s 21 imprisoned journalists News to go furthercenter_img News March 18, 2021 Find out more Reporters Without Borders has expressed outrage at the treatment in hospital of jailed journalist Siamak Pourzand. The 75-year-old, who is very seriously ill, is chained to his bed by his feet at Tehran’s Modares hospital, where he was admitted on 18 April.The international press freedom organisation called for his immediate release on medical grounds.”We are revolted at the treatment of Siamak Pourzand. We have protested for years to the Iranian authorities against the harassment of this journalist. We will hold them responsible for the deterioration in his state of health,” said the organisation.”We call for Pourzand’s immediate release and we support the family’s request for him to be transferred to an independent private hospital,” it said.Pourzand, unable to walk and held up by two warders was brought to the prison visiting room to see his sister on 18 April. Barely able to speak, he nevertheless told her not to sign anything in connection with him. A few hours later warders told her that Pourzand had been transferred to the intensive care unit of Modares Hospital.Pourzand, who worked as a freelance for several independent newspapers, has been imprisoned since 30 March 2003. He has been deprived of the most basic rights, including that of being able to see his own lawyer. An associate of Tehran’s prosecutor-general, Said Mortazavi, has been assigned to defend him.The journalist has spent months in solitary confinement and suffered physical and psychological torture forcing him to make a confession on television. He is suffering from arthritis in the neck and serious back problems for which he needs an operation. He was left in a coma after a heart attack on 31 March 2004, before being transferred again to Modares Hospital on 18 April.Pourzand was arrested on 24 November 2001 then sentenced in May 2002 to eight years in prison for “undermining state security through links with monarchists and counter-revolutionaries”. He was allowed out on licence on December 2002 before returning to prison in March 2003. News Iran: Press freedom violations recounted in real time January 2020 Help by sharing this information News Follow the news on Iran RSF_en last_img read more

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Pasadena Literary Alliance to Resume In-Person Events

first_img STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Business News Pasadena Literary Alliance’s previous years’ Festival of Women Authors courtesy photoFollowing a successful year of online activities, the Pasadena Literary Alliance is looking forward to resuming in-person author discussions and other events in the coming months as the organization turns another chapter, representatives said.The group has long run a series of panel discussions with authors called Open Book, which transitioned to an online format and became Open Book On Location in May 2020 in response to the pandemic. They produced 13 monthly videos.“Our sort of special sauce for that program was to put together two or three authors that we thought wouldn’t have met each other before and to hear them talk to each other,” according to PLA Board of Directors Chair Katie Poole.The PLA’s other signature annual event, the Pasadena Festival of Women Authors, was also moved online for 2021, she said.But as restrictions gradually lift and the region sits on the verge of transitioning into the least restrictive “yellow” tier under the state’s reopening framework, and having enjoyed continued support from the community, real-life gatherings are once again on the horizon.“We have survived COVID,” Poole said. “We have, I would say, excelled in our outreach. We’ve continued to get the author interviews and to celebrate authors. That’s what we do.”An in-person Open Book event is scheduled for 6:30 p.m. Oct. 19 at NOOR Events in Pasadena with authors Attica Locke and Rachel Howell Hill, Poole said.The PLA was also planning to host next year’s Pasadena Festival of Women Authors at the Pasadena Convention Center on Feb. 19.More details on both events were to follow. It had not yet been determined whether the online Open Book On Location series would continue.Additionally, Poole said, “We’re just so happy that we’ve been able to keep up our granting. We had to take a break last spring, but we’ll be able to do our grants this spring. And I think that that has spoken really well to our financial management, to be able to continue with our granting.”PLA grants support community organizations including Pasadena City College, the Pasadena Senior Center, the Pasadena Public Library, PEN America and WriteGirl.Ticketed events, such as the Open Book series and the Pasadena Festival of Women Authors, are the PLA’s primary fundraisers, Poole explained.“We give money to a lot of different literary organizations and the way we raise the funds for that is by having ticketed events,” she said. “For 11, 12 years, we’ve averaged about $50,000 a year in grants. So when COVID came, we were challenged like every other nonprofit on how to have in-person ticketed events to raise our grant money.”The online programs created by the PLA were available for free, but donations of $25 were suggested.The Open Book On Location series can be accessed online at pasadenaliteraryalliance.org/open-book/open-book-on-location-episodes.The 2021 Pasadena Festival of Women Authors can be viewed at pasadenaliteraryalliance.org/pasadena-festival-of-women-authors. Community News CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday HerbeautyWhat’s Your Zodiac Flower Sign?HerbeautyHerbeautyHerbeautyThis Trend Looks Kind Of Cool!HerbeautyHerbeautyHerbeautyWant To Seriously Cut On Sugar? You Need To Know A Few TricksHerbeautyHerbeautyHerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeautyHerbeautyAre You His Ms. Right? 12 Signs He Thinks You AreHerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeauty 7 recommended0 commentsShareShareTweetSharePin it STAFF REPORT First Heatwave Expected Next Week Subscribe Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Top of the News center_img Name (required)  Mail (required) (not be published)  Website  Your email address will not be published. Required fields are marked * Uncategorized Pasadena Literary Alliance to Resume In-Person Events By DAVID CROSS and BRIAN DAY Published on Monday, May 3, 2021 | 3:28 pm More Cool Stuff Make a comment Community News Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimeslast_img read more

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5 Gardai in Donegal missed a day at work following attack last year

first_img News, Sport and Obituaries on Monday May 24th Google+ 5 Gardai in Donegal missed a day at work following attack last year Facebook Google+ AudioHomepage BannerNews Twitter WhatsApp DL Debate – 24/05/21 Facebook Previous article1 person killed in workplace related incident in Donegal last yearNext articleInvestigations continuing into major fire at Derry nightclub News Highland Pinterestcenter_img FT Report: Derry City 2 St Pats 2 By News Highland – January 10, 2020 Twitter WhatsApp Derry draw with Pats: Higgins & Thomson Reaction Pinterest Arranmore progress and potential flagged as population grows Important message for people attending LUH’s INR clinic RELATED ARTICLESMORE FROM AUTHOR 5 Gardai in Donegal missed at least one day’s work after being attacked last year.According to Freedom of Information figures, a total of 162 officers missed at least one day while 52 missed at least a month’s work after being seriously assaulted on duty.Assaults on Gardai in Donegal were classified as bruising, grazes or bites.Seven Gardai across the country were out of action for more than six months – with 19 Gardaí sustaining bone fractures.Jim Mulligan, the president of the Garda Representative Association, says officers need body cameras to protect themselves:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2020/01/mulligan8am.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.last_img read more

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‘Jack Day’ activities include 5K, festival

first_img Print Article Troy falls to No. 13 Clemson You Might Like March on: Local band preparing to host annual Southeastern States Marching Band festival (Gallery) Arman Sheffield plays his trumpet with other brass players during Charles Henderson High School’s marching band practice Thursday evening.MESSENGER PHOTO/APRIL… read more Sponsored Content Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthRemember Them? I’m Sure Their New Net Worth Will Leave You SpeechlessbradofoThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel Email the author ‘Jack Day’ activities include 5K, festival Plans underway for historic Pike County celebration Pike County Sheriff’s Office offering community child ID kits Published 3:00 am Friday, September 19, 2014 Penny Hoarder Issues “Urgent” Alert: 6 Companies Are…center_img At Christmastime, Altrusa provides Christmas gifts for up to 15 children of families in need. Altrusa also awards several scholarships to local graduating seniors each year. Parker said everyone is invited to participate in Jack Day. “It’s a time of fellowship and fun and also raises money to support literacy in our community among people of all ages,” she said. By The Penny Hoarder The Zion Chapel youth sports programs will have festival type food available.“This is our 11th Jack Day and the funds raised supports literacy,” Parker said. “Altrusa of Jack donates books to the school library and we provide books and reading literature for the senior citizens in the community.” By Jaine Treadwell “The 5K is called a trail run because it’s not all on a paved surface,” said Britley Parker, Altrusa member. “The run surface is flat but it is an all-terrain run. We also have a one-mile fun run that is that people of all ages can enjoy.”Registration for the fun run begins at 9:30 a.m. and the run starts at 10 a.m. The registration fee is $15.Jack Day activities include arts and crafts, face painting, Bingo, a silent auction, cakewalk and more. There will also be entertainment throughout the day. SheBang! Cloggers from Troy will perform, as will members of the Zion Chapel FFA Chapter. Hannah Barron, Taylor Weeks and the Wiregrass Dance Club will be featured entertainment. The Zion Chapel youth sports cheerleaders will also take center stage at the 11th annual Jack Day event. Remember America’s heroes on Memorial Day Latest Stories Saturday is Jack Day in Jack and everyone is invited to be a part of all the events and activities planned from 9 a.m. until 2 p.m. at Zion Chapel School. There is no admission charge.Jack Day is sponsored annually by Altrusa International of Jack.The day’s events get off to a fast start with a 5K Trail Run. Registration is at 7 a.m. and the run gets underway at 7:30 a.m. The registration fee is $25. Book Nook to reopenlast_img read more

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What a weird lot! Latest property auction reveals unusual property for sale

first_imgHome » News » Auctions news » What a weird lot! Latest property auction reveals unusual property for sale previous nextAuctions newsWhat a weird lot! Latest property auction reveals unusual property for saleNetwork Auctions’ latest auction enabled one bidder to become a ‘landowner’ in Surrey – for just £51!Sheila Manchester22nd May 202001,848 Views Auctions have, in recent times, become a way of passing time and maybe bagging a bargain. Yesterday’s Network Auctions sale showed how popular they have become – and they really do sell properties with ‘No Reserve’ when a parcel of land sold under the online hammer at just £51 in their 21st May auction.The land (above) , situated at Meadow Way and Orchard Way, Reigate, Surrey comprises 0.62 acres of highway, paths, verges and part of a roundabout in the popular residential areas.The auctioneer’s addendum was a note of caution for bidders: “We are advised by the local authority highways department the title comprises land that is publicly adopted, buyers should make their own enquiries in this regard.”Bagging a bargainHowever, plucky bidders hoping to bag a bargain were outnumbered as keen buyers placed 81 bids for a three-bedroom house in Bradford shooting the guide price from £40-45,000 to a final sale price of £68,750.Toby Limbrick said, “We had early interest in the Fagley Road house in Bradford. It was habitable, but dated and needed refurbishment, it was a property that hadn’t been touched for years. We had strong pre-auction offers, but we advised the seller to stick to the virtual room. We’re delighted to have achieved 72% above the lower guide price.“The market is active and our auction shows that, we sold properties today all over the country. We’ve seen an increase in demand for higher yielding residential lots because money in the bank is yielding so low, investors want more than £1,000 for every £100,000 and with property they can achieve that.”Network Auctions next auction is 15th July. www.networkauctions.co.uk May 22, 2020Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img read more

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Former CIB Chiefs Try To Avoid Entanglement In Legal Light Involving Pacers

first_imgFormer CIB Chiefs Try To Avoid Entanglement In Legal Light Involving PacersAnthony Schoettle for www.theindianalawyer.comThree former presidents of the city’s Capital Improvement Board—Pat Early, Bob Grand and Ann Lathrop—are fighting an effort by attorneys for the IRS to depose them about what they learned about the Indiana Pacers’ finances during discussions with the team.The CIB owns Bankers Life Fieldhouse, home of the NBA’s Pacers. And over the trio’s terms, the CIB has negotiated lease deals, subsidy plans and expenditures for capital projects for the venue, which opened in 1999.The legal skirmish is an outgrowth of a lawsuit Mel Simon’s widow, Bren Simon, filed in March 2015 seeking to overturn the IRS’ determination that Mel’s sale of his half of the team to his brother Herb in early 2009—just months before Mel died at age 82—was such a sweetheart deal that Mel effecitvely provided an $83 million gift. That conclusion left Bren with a $21 million gift-tax bill, which she paid under protest but hopes to get refunded by winning the suit.Attorneys with Bingham Greenebaum Doll LLP representing the CIB filed a motion in federal court in Indianapolis on Nov. 30 seeking to quash the deposition subpoenas. It calls them “overly burdensome” and says “allowing these depositions to go forward would harm the public interest by discouraging civic board membership and by unfairly imposing the costs of litigation between Bren Simon and the federal government on the citizens of Marion County, Indiana.”Further, the three executives say in declarations filed with the court that they do not recall specific infomation about the value of the team during the period relevant to the Bren Simon lawsuit. They also assert that information they do have merely duplicates what the IRS has or is in the process of getting from the Pacers and Simons.“The key issue in the underlying … litigation is whether Melvin Simon had donative intent—i.e. the intent to make a gift to Herb Simon—nearly seven years ago when the Simons reorganized the ownership structure of the Pacers,” the motion to quash says. “None of the CIB Former Board Members possess any information about Mr. Simon’s intent with respect to the reorganization.”Bren’s attorneys contend that Mel received “full consideration” for his half of the team. They said in a court filing that “Herb and Mel were savvy and experienced businessmen, both skilled in making business deals and interested in striking the best deal for themselves.”The IRS also has sparred with the Pacers over what information the team should provide and under what terms—a logjam that was recently broken. Under a protective order worked out last month, the Pacers agreed to provide a batch of information by Nov. 28 and another batch by Dec. 16.Early, Grand and Lathrop are described in the motion to quash as holding “high-profile and demanding leadership positions” and also being active in civic affairs. Each says in declarations filed with the court that “attending a deposition in this matter would pose a substantial burden and hardship on me. My schedule is very rigorous.”Early, president of the Somerset CPAs and Advisors accounting firm, was president of the CIB from 1994 to 1999 and was vice president from 2000 to 2009.Grand, managing partner of the Barnes & Thornburg law firm, was CIB president from 2008 to 2010.Lathrop, chief marketing officer and office managing partner for the Indianapolis office of the Crowe Horwarth LLP accounting firm, was CIB treasurer in 2008-2009 and president from 2010-2015.The CIB—which also owns Lucas Oil Stadium, Victory Field and the Indiana Convention Center—is funded by a stew of local and regional taxes, many ofThree former presidents of the city’s Capital Improvement Board—Pat Early, Bob Grand and Ann Lathrop—are fighting an effort by attorneys for the IRS to depose them about what they learned about the Indiana Pacers’ finances during discussions with the team.The CIB owns Bankers Life Fieldhouse, home of the NBA’s Pacers. And over the trio’s terms, the CIB has negotiated lease deals, subsidy plans and expenditures for capital projects for the venue, which opened in 1999.The legal skirmish is an outgrowth of a lawsuit Mel Simon’s widow, Bren Simon, filed in March 2015 seeking to overturn the IRS’ determination that Mel’s sale of his half of the team to his brother Herb in early 2009—just months before Mel died at age 82—was such a sweetheart deal that Mel effecitvely provided an $83 million gift. That conclusion left Bren with a $21 million gift-tax bill, which she paid under protest but hopes to get refunded by winning the suit.Attorneys with Bingham Greenebaum Doll LLP representing the CIB filed a motion in federal court in Indianapolis on Nov. 30 seeking to quash the deposition subpoenas. It calls them “overly burdensome” and says “allowing these depositions to go forward would harm the public interest by discouraging civic board membership and by unfairly imposing the costs of litigation between Bren Simon and the federal government on the citizens of Marion County, Indiana.”Further, the three executives say in declarations filed with the court that they do not recall specific infomation about the value of the team during the period relevant to the Bren Simon lawsuit. They also assert that information they do have merely duplicates what the IRS has or is in the process of getting from the Pacers and Simons.“The key issue in the underlying … litigation is whether Melvin Simon had donative intent—i.e. the intent to make a gift to Herb Simon—nearly seven years ago when the Simons reorganized the ownership structure of the Pacers,” the motion to quash says. “None of the CIB Former Board Members possess any information about Mr. Simon’s intent with respect to the reorganization.”Bren’s attorneys contend that Mel received “full consideration” for his half of the team. They said in a court filing that “Herb and Mel were savvy and experienced businessmen, both skilled in making business deals and interested in striking the best deal for themselves.”The IRS also has sparred with the Pacers over what information the team should provide and under what terms—a logjam that was recently broken. Under a protective order worked out last month, the Pacers agreed to provide a batch of information by Nov. 28 and another batch by Dec. 16.Early, Grand and Lathrop are described in the motion to quash as holding “high-profile and demanding leadership positions” and also being active in civic affairs. Each says in declarations filed with the court that “attending a deposition in this matter would pose a substantial burden and hardship on me. My schedule is very rigorous.”Early, president of the Somerset CPAs and Advisors accounting firm, was president of the CIB from 1994 to 1999 and was vice president from 2000 to 2009.Grand, managing partner of the Barnes & Thornburg law firm, was CIB president from 2008 to 2010.Lathrop, chief marketing officer and office managing partner for the Indianapolis office of the Crowe Horwarth LLP accounting firm, was CIB treasurer in 2008-2009 and president from 2010-2015.The CIB—which also owns Lucas Oil Stadium, Victory Field and the Indiana Convention Center—is funded by a stew of local and regional taxes, many of for www.theindianalawyer.comThree former presidents of the city’s Capital Improvement Board—Pat Early, Bob Grand and Ann Lathrop—are fighting an effort by attorneys for the IRS to depose them about what they learned about the Indiana Pacers’ finances during discussions with the team.The CIB owns Bankers Life Fieldhouse, home of the NBA’s Pacers. And over the trio’s terms, the CIB has negotiated lease deals, subsidy plans and expenditures for capital projects for the venue, which opened in 1999.The legal skirmish is an outgrowth of a lawsuit Mel Simon’s widow, Bren Simon, filed in March 2015 seeking to overturn the IRS’ determination that Mel’s sale of his half of the team to his brother Herb in early 2009—just months before Mel died at age 82—was such a sweetheart deal that Mel effecitvely provided an $83 million gift. That conclusion left Bren with a $21 million gift-tax bill, which she paid under protest but hopes to get refunded by winning the suit.Attorneys with Bingham Greenebaum Doll LLP representing the CIB filed a motion in federal court in Indianapolis on Nov. 30 seeking to quash the deposition subpoenas. It calls them “overly burdensome” and says “allowing these depositions to go forward would harm the public interest by discouraging civic board membership and by unfairly imposing the costs of litigation between Bren Simon and the federal government on the citizens of Marion County, Indiana.”Further, the three executives say in declarations filed with the court that they do not recall specific infomation about the value of the team during the period relevant to the Bren Simon lawsuit. They also assert that information they do have merely duplicates what the IRS has or is in the process of getting from the Pacers and Simons.“The key issue in the underlying … litigation is whether Melvin Simon had donative intent—i.e. the intent to make a gift to Herb Simon—nearly seven years ago when the Simons reorganized the ownership structure of the Pacers,” the motion to quash says. “None of the CIB Former Board Members possess any information about Mr. Simon’s intent with respect to the reorganization.”Bren’s attorneys contend that Mel received “full consideration” for his half of the team. They said in a court filing that “Herb and Mel were savvy and experienced businessmen, both skilled in making business deals and interested in striking the best deal for themselves.”The IRS also has sparred with the Pacers over what information the team should provide and under what terms—a logjam that was recently broken. Under a protective order worked out last month, the Pacers agreed to provide a batch of information by Nov. 28 and another batch by Dec. 16.Early, Grand and Lathrop are described in the motion to quash as holding “high-profile and demanding leadership positions” and also being active in civic affairs. Each says in declarations filed with the court that “attending a deposition in this matter would pose a substantial burden and hardship on me. My schedule is very rigorous.”Early, president of the Somerset CPAs and Advisors accounting firm, was president of the CIB from 1994 to 1999 and was vice president from 2000 to 2009.Grand, managing partner of the Barnes & Thornburg law firm, was CIB president from 2008 to 2010.Lathrop, chief marketing officer and office managing partner for the Indianapolis office of the Crowe Horwarth LLP accounting firm, was CIB treasurer in 2008-2009 and president from 2010-2015.The CIB—which also owns Lucas Oil Stadium, Victory Field and the Indiana Convention Center—is funded by a stew of local and regional taxes, many ofFacebookTwitterCopy LinkEmailSharelast_img read more

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