3 steps I’d take when investing in today’s volatile stock market to make a million

first_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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. 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. See all posts by Peter Stephens Image source: Getty Images. 3 steps I’d take when investing in today’s volatile stock market to make a million Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Peter Stephens | Sunday, 2nd August, 2020 Enter Your Email Address Investors have experienced a highly volatile stock market so far in 2020. Looking ahead, risks such as a continued rise in the number of coronavirus cases and geopolitical uncertainty in North America and Europe could contribute to continued heightened fears among investors.Therefore, it may become increasingly important to build a diverse portfolio of high-quality businesses with sound finances when seeking to make a million. Furthermore, holding some cash may enable you to capitalise on temporary declines in stock prices that may occur over the coming months.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…Diversification in a volatile stock marketDiversification is always a key part of investing, but may become even more crucial in a volatile stock market. Share prices could come under significant pressure across many sectors over the coming months. Therefore, if you own a wide range of businesses, the impact on your portfolio’s performance from disappointing returns among a small number of holdings is unlikely to be extreme.With the cost of sharedealing having fallen over recent years, it’s now possible for the vast majority of investors to buy a wide range of shares in order to diversify. Diversification may also boost your returns through allowing you to take advantage of the growth opportunities in a wider range of sectors. Certainly at a time when it’s difficult to predict which industries will prosper in a post-coronavirus world.Financially-sound businessesA volatile stock market may also mean investing in financially-sound businesses becomes more important. Over the past decade, companies with weak balance sheets and questionable business models have often survived due to strong economic growth being present.However, with the economy’s outlook being weak and consumer sentiment being at relatively low levels in many countries, only the strongest companies may prosper over the coming years. As such, focusing your capital on those businesses that have modest debt levels, strong cash flow and wide economic moats could prove to be profitable. They may not be among the cheapest shares around, but their higher quality versus sector peers could make them more attractive on a risk/reward basis.Cash holdingsHolding some cash in a volatile stock market could be a sound move. Of course, low interest rates mean that cash is unlikely to offer a high return over the long run. It could even reduce your spending power over the coming years if inflation moves higher. Therefore, relying on it to boost your chances of making a million is not a sound idea.However, an uncertain economic outlook means a second market crash cannot be ruled out. This may present more attractive buying opportunities over the coming months. And that can be capitalised upon by investors who hold cash today.Buying high-quality stocks at even lower prices may increase your prospects of obtaining a seven-figure portfolio. 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.last_img read more

African Development Bank makes no coal financing pledge

first_img FacebookTwitterLinkedInEmailPrint分享Devex:The African Development Bank (AfDB) will no longer finance coal projects, bank president Akinwumi Adesina announced this week at the U.N. Climate Action Summit. It was the first public announcement by the bank committing to end financial support for coal.“Coal is the past, renewable energy is the future,” Adesina told the audience. “For us at the African Development Bank, we are getting out of coal.”The last coal investment the bank made, which was in 2015, was a supplementary loan of about $4 million for a small, 125 megawatt coal-fired power plant in Senegal that it originally financed in 2009, according to Oil Change International, a U.S.-based advocacy organization.Earlier this year, AfDB committed to doubling its climate financing to $25 billion by 2025 — nearly half of which will be devoted to climate adaptation, according to Adesina. “We really feel strongly that at the African Development Bank…what we should be focusing in on is a lot of clean energy, renewable energy,” he told Devex in an interview in New York.In the Sahel region of Africa, the bank is investing $20 billion in the construction of a 10,000-megawatt solar zone — making it the largest in the world — that will cover 11 countries, he said at the U.N. “It will allow us to power the whole of the Sahel using the power of the sun,” he said.The bank had been recently considering a plan to finance a coal-powered plant in Lamu, Kenya, which civil society groups have been fighting against for years. In June, the nation’s supreme court blocked the project, saying that a proper environmental assessment was not conducted.More: African Development Bank commits to coal-free financing African Development Bank makes no coal financing pledgelast_img read more

Who gets the last say?

first_imgWho gets the last say? Who gets the last say? Bill would reverse the order of closing arguments Assistant Editor and Jan Pudlow Associate Editor Having the last word in a criminal trial leaves such a lasting impression on the jury that some Republican legislators are ready to scrap a 151-year-old common law rule to give prosecutors a new edge.“What this is about is truly seeking truth and truly making decisions not based on gamesmanship,” said Rep. Carole Green, R-Ft. Myers, a radiation therapist who sponsored the bill.She successfully persuaded Republican members of the House Public Safety and Crime Prevention Committee to vote along party lines 11 to 6 to pass HB 1149 on March 11.At issue is Florida Rules of Criminal Procedure 3.250 that allows a defense attorney, who does not call witnesses or present evidence other than the defendant’s testimony, to have the first and last say in closing arguments, with the prosecutor sandwiched in the middle. Green’s proposal would allow the prosecutor to always have first and last say in closing argument.What Green called gamesmanship, Tallahassee criminal defense attorney Tim Jansen called trial strategy in zealously representing his clients and ensuring the state, with the power to take away a defendant’s liberty, carries its burden of proof.“Unlike Rep. Green, I have been there every day, and I see how trials are done,” Jansen testified. “I believe this is a bad bill. Its purposes are not genuine. Its effect would be very dangerous to the courts.”In an interview, after he provided the only testimony against the bill, Jansen said: “I am not a flaming liberal. I’m a conservative Republican.. . . All I want is to make sure we have fair trials.”If this bill becomes law, Jansen warned, “You may see more convictions where the evidence does not rise to beyond reasonable doubt.” In addition, if defense attorneys should lose strategic advantage in not calling witnesses, he predicts trials will last longer and will put a greater load on an already overburdened court system.Second Judicial Circuit State Attorney Willie Meggs, president of the Florida Prosecuting Attorneys Association, called this “a real, real, real serious issue for prosecutors.”“We want the same rights state attorneys and district attorneys have in 46 other states,” said Meggs. “In a civil case, the plaintiff gets opening and closing, because they have the burden of carrying the day.”It should be no different in criminal cases, Meggs said.“I will do most anything in a trial to maintain that ability to have opening and closing argument. So it’s wrangling that we do in the legal system that I believe we should not have to do.”Meggs described prosecutors’ version of playing the game of strategic advantage:“Sometimes I will have a witness that I believe has some evidence that the defense may want. I will try to maintain that advantage in that situation of having opening and closing argument. I won’t call that witness, attempting to force the defense to call a witness, other than the defendant, so they will lose opening and closing argument,” Meggs said.Rep. Jack Seiler, D-Pompano Beach, an attorney, was clearly miffed by the proposed change.“Why are we throwing this out after 150 years?” Seiler asked.“I haven’t heard a single reason why they are doing it, other than maybe they think they can get it passed now.”Statewide Prosecutor Peter Williams responded: “I would say it’s a quirk. And nobody knows why it’s in there.”Seiler: “Are you saying we have a 151-year-old quirk?”Williams: “Yes.”What may be a quirk to some is a procedural rule to others, best left to the Florida Supreme Court, not the legislature.“To me, this seems like the classic procedural issue,” said Second Judicial Circuit Public Defender Nancy Daniels, president of the Florida Public Defender Association, who also opposes the bill.“Rules don’t come into existence without extensive process. The Criminal Rules Committee has prosecutors, defenders, professors, judges — all kinds of people knowledgeable about the workings of courts. Then it is approved by the Supreme Court after extensive commentary,” Daniels said. “These are all things that the legislators don’t necessarily have high knowledge of, just as I don’t have high knowledge of what’s involved with radiation therapy.”Jansen said changing the long-standing rule would require a two-thirds vote of the legislature, and he predicted the Florida Supreme Court will say it is unconstitutional because “it is a vested procedural right.”Brad Thomas, public safety policy director for Gov. Jeb Bush, countered: “The governor does support this bill. In our view, it is not procedural matter; it is substantive.”Thomas said cases have been reversed because the trial court did not allow the defendant to have first and last closing argument, even when “the court has noted overwhelming evidence of guilt.”“That victim, those police officers, those witnesses, those jurors — all that work was for nothing,” Thomas testified. “And if you don’t follow that rule, which the court calls procedural, those cases are reversed. And they are not subject to a harmless error analysis. That means it is a fundamental error. In our view, that means it is a substantive right, which you, the legislature, have the total power to change.”Williams, the statewide prosecutor, urged legislators to pass the proposal, even as he acknowledged it is a procedural matter. “There is no constitutional issue being raised here. The federal government and 46 states have had no problem with their rule. It does not raise any due-process concern. It is strictly a procedural matter. The burden of proof is still on the state.”Rep. Matt Meadows, D-Lauderhill, voiced concern about giving the state attorney another advantage when innocent defendants could be prosecuted and taken to trial.“I think the Florida courts bend over backwards to allow people to raise claims of innocence,” responded Thomas. “And, in fact, there is unlimited time, essentially, to do that. So, yes, that does on occasion happen, but they have channels by which to raise those claims.. . And, of course, they also have the right to seek clemency from the governor.”That response left several Democratic legislators on the committee shaking their heads in dismay.Green wrapped up by stressing the importance of getting in the last word, whether it’s a prosecutor at trial or a legislator closing on a bill on the House floor.“Do any one of you want to give that up, when you believe in something as strongly and as passionately as I believe in this?” Green asked. “No, not one of you, because you need to have the right to closing argument. I believe in closing argument, whenever we’re working here in the Florida House. And I believe in what we’re trying to do with this bill — to make sure that we take some of the gamesmanship out of this process, and get truth back where it needs to be.” April 1, 2004 Britt Dys Associate Editor Regular Newslast_img read more

Baldwin Fatal Shooting Probed

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A man was gunned down in Baldwin early Saturday morning and investigators are now searching for the shooter, Nassau County police said.Officers responded to a report of shots fired on Wood Oak Drive, where they found the victim suffering from a single gunshot wound at 12:50 a.m., police said.The victim was taken to a local hospital, where he was pronounced dead five hours later.Homicide Squad detectives are continuing the investigation.Detectives request anyone with information regarding the above incident to call Nassau County Crime Stoppers at 1-800- 244-TIPS. All callers will remain anonymous.last_img

Increase giving with charitable donation accounts

first_img 5SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr “Giving Tuesday” has gained popularity in recent years as an event timed around Thanksgiving that promotes donating to worthy causes, a counterbalance to the consumption-oriented Black Friday and Cyber Monday promotions.Giving Tuesday aligns with the credit union ethic of charity and community support. And a recent NCUA rule change gives credit unions the opportunity to increase their charitable contributions.In December 2013, NCUA opened the door for federal credit unions to contribute to charitable donation accounts (CDA) that use investments previously not compliant with Part 703. Many states now allow state-chartered credit unions to have a CDA, too.Through professionally managed investment portfolios, a CDA can potentially earn significantly more than traditional credit union investments. continue reading »last_img read more

Strategic questions around indirect auto lending and member growth

first_img 6SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr How does your credit union define success when it comes to growth? For some credit unions it might be asset growth, growth in loans, or growth in membership. If one of your credit union’s key strategic objectives is growing membership, having the business intelligence to understand where new members are coming from becomes important. This blog will focus on strategic questions to consider regarding the impact of new member growth through indirect channels.For many credit unions, a large percentage of membership growth in recent years has been driven by indirect members. The credit union demographic data noted below shows that between ages 30-70, the years when members do most of their borrowing, more than 50% of the total growth in members in 2016 came through the indirect channel (see the highlighted line in the second table). This information is noteworthy because this credit union has a strategic objective of deepening relationships with members as measured by products per member, and growth in indirect members may be at odds with that objective. continue reading »last_img read more

More Spring Snow on Long Island

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Yep, we’re talking about snow.Long Islanders—bruised and battered from a hellish winter—woke up Saturday morning to snow flurries and unseasonably cool temperatures.The Island won’t see significant accumulation but there is potential for up to 3 inches in eastern Suffolk County; Nassau County could get an inch. “We do think the heaviest of the snow will be across eastern Long Island,” said Michael Silva, meteorologist at the National Weather Service’s Upton office. There’s likely to be very little accumulation on roadways, Silva said. The snow will continue through the afternoon. Perhaps more frustrating than the precipitation is the blast of cold air making its way to Long Island. The evening forecast calls for lows in the 20s, with wind chill values between 10 and 15 degrees. Forecasters are predicting sunny skies on Sunday with a high of 39. Warmer weather will rush in next week, with temperatures in the low 50s Monday through Wednesday.last_img read more

WATCH LIVE: SpaceX and NASA expected to launch Crew Dragon

first_img(WBNG) — Crews are moving forward with the launch today, as the weather looks better than Wednesday. The launch is scheduled for 3:22 p.m.last_img

Nodus Fender Case + Micro Dock for iPhone 12 offers serious shock absorption » Gadget Flow

first_img– Advertisement – Made with dual-density construction, the Nodus Fender Case + Micro Dock will seriously protect your iPhone 12 Pro. Compatible with a range of iPhones, this case and dock set ensures you get the shock absorption and drop protection you need from a smartphone case. That’s thanks to its shock-absorbing polycarbonate and TPU materials. However, it still maintains a sleek, slim, and sophisticated profile with its leather back that’ll match your aesthetic. What’s more, it has an integrated Micro Dock 4, which allows you to magnetically dock it anywhere. These incredible magnets offer an amazingly strong connection that you can rely on. Finally, this case works with Qi wireless charging and Apple MagSafe accessories. Whether you have the iPhone 12, 12 mini, 12 Pro, or 12 Pro Max, this case seamlessly blends in with your lifestyle.last_img read more

Romania increases jail penalties to fight virus spread

first_imgIohannis declared a state of emergency on Monday.Restaurants and coffee shops are closed and gatherings of more than 100 people are banned. Flights to and from Italy and Spain have been suspended.With the Easter holiday on the horizon, Iohannis advised the Romanian diaspora — more than four million people — to avoid returning home.”With sadness, but with sincerity, we must say that you shouldn’t return home this year,” he said, adding: “It’s basically impossible to travel throughout Europe.” Around 3,800 people have been placed in quarantine in Romania, mostly people returning from high-risk areas or those who have had contact with a confirmed or suspected coronavirus patient.”We can’t accept that irresponsible citizens who should be isolated don’t respect the rules, walk around freely among others and risk making other people sick,” Prime Minister Ludovic Orban said.The eastern European country has so far recorded 227 confirmed cases of the virus but no deaths, with 25 people having made a recovery.”The numbers will go up for sure,” President Klaus Iohannis said on Thursday during a videoconference with the prime minister and regional leaders. Topics :center_img Romanians face up to 15 years in prison if they violate measures imposed to contain the coronavirus pandemic, the government announced on Thursday.An emergency decree lays down the harshest punishment for those who know they have the disease and flout the rules — up to 15 years if someone gets infected and dies as a result of their actions.Anyone failing to respect quarantine rules could face up to three years in prison, going up to five if their actions lead to the infection of another person.last_img read more