A second stock market crash could be approaching. Here’s why investors shouldn’t care

first_img Image source: Getty Images Enter Your Email Address Alan Oscroft | Monday, 31st August, 2020 Click here to claim your free copy of this special investing report now! Simply click below to discover how you can take advantage of this. 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. A second stock market crash could be approaching. Here’s why investors shouldn’t care Our 6 ‘Best Buys Now’ Sharescenter_img 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. See all posts by Alan Oscroft 5 Stocks For Trying To Build Wealth After 50 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. 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. The 2020 stock market crash has thrown up some cracking bargains among FTSE 100 and FTSE 250 shares. Those who follow Warren Buffett’s advice will surely have tucked away some nice long-term investments for their retirements.Remember when he said: “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price“? If you have a list of companies you think are wonderful, then surely you’ll have found them at very fair prices this year.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…But a lot of people just aren’t brave enough to put their money into shares when the markets are falling. That’s understandable, as you really don’t want to punt your hard-earned cash on falling shares and watch them fall further.That’s why gold has soared to record prices in 2020, as investors switch into the metal as protection against the stock market crash. They’ll then face the agonising decision of when to get back into stocks. And those who are simply looking to pick up some cheap shares might be worried about where the market will go next.FTSE 100 falteringThe FTSE 100, for example, has come back up since its lowest point in March. But for the past couple of months, it’s been drifting back down again. There are plenty of reasons to think it could carry on down, or that we might even face a second stock market crash.One is the extent of the UK’s recession, which is worse than many feared. GDP dropped 20% between April and June, the deepest fall of any the world’s major economies. There are signs that it could be a sharp V-shaped dip and a GDP recovery could pull us out of the worst of it relatively soon. But there’s deeper structural damage that will surely take a longer time to work its way out.US stock market crash coming?Then there’s the US stock market. The S&P 500 and the NASDAQ have both hit record highs in August. That’s during America’s out-of-control Covid-19 crisis, and the resulting deep economic damage. If there’s a correction there, stock markets around the world are likely to follow.But here’s the thing. Investors always know that there will be a stock market crash some time in the future. We just don’t know when. But we don’t hold off investing for ever. We buy anyway, knowing that buying into wonderful companies at fair prices is likely to generate top returns over the course of our investing lives, regardless of the ups and downs along the way.Sure, it would be nicer to buy shares even cheaper after a second crash. But if we wait for it, we’ll miss the chance to buy them a bit less cheaply now.Invest regularlySo I say just keep investing regularly. Drip-feed your money into your Stocks and Shares ISA, or whatever you use. And keep making purchases every time you have enough. If the stock market does dip again in the near future, you’ll simply get more for your money when it happens.last_img read more

Arms Licences Cannot Be Granted To Be Used As Status Symbol, Says Himachal Pradesh HC [Read Order]

first_imgNews UpdatesArms Licences Cannot Be Granted To Be Used As Status Symbol, Says Himachal Pradesh HC [Read Order] LIVELAW NEWS NETWORK6 Oct 2020 9:18 PMShare This – x”Firearms should not come in possession of anti-social elements. There is need for greater vigilance on the grant of Arms Licences.”Arms Licences cannot be granted to be used as status symbol, observed the High court of Himachal Pradesh while directing the authorities to review all the Arms Licences granted by them.The bench comprising Justices Tarlok Singh Chauhan and Jyotsna Rewal Dua observed thus while dismissing a petition filed by a person against cancellation of his two Arms Licences. The court directed that no…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginArms Licences cannot be granted to be used as status symbol, observed the High court of Himachal Pradesh while directing the authorities to review all the Arms Licences granted by them.The bench comprising Justices Tarlok Singh Chauhan and Jyotsna Rewal Dua observed thus while dismissing a petition filed by a person against cancellation of his two Arms Licences. The court directed that no Arms Licence shall be granted or renewed in case the applicants do not meet the parameters prescribed in this behalf under the Arms Act and Rules framed thereunder.The court noted that the petitioner had, without disclosing about his previous Arms licence, applied and obtained another Arms licence. A specific Column No.10(a) in the application form requiring the applicant to furnish details of his previous Arms Licence was deliberately kept blank by him while applying second time for the Arms Licence, the bench noted.While refusing to interfere with the cancellation order, the bench said that this case is an indication of issuance of Arms Licences at the mere asking of the applicants without verifying compliance of provisions of the Act/Rules/Instructions issued in this regard. It observed:”The Arms Act coordinates rights of citizen with necessity of maintaining law and order. Firearms should not come in possession of anti-social elements. There is need for greater vigilance on the grant of Arms Licences. Arms Licences cannot be granted to be used as status symbol of the applicants.”Dismissing the writ petition, the bench directed as follows:”We, therefore, direct that henceforth no Arms Licence shall be granted or renewed in case the applicants do not meet the parameters prescribed in this behalf under the Act, the Rules framed thereunder or any instructions issued by the Competent Authority. We also direct all the Licensing Authorities in the state to review all the Arms Licences granted by them on the touchstone of above parameters and take appropriate action in accordance with law, wherever required. This exercise be completed within a period of four months from today.”Case no.: CWP No. 1381/2020Case name: Chamal Lal Sharma vs. State of Himachal PradeshCoram: Justices Tarlok Singh Chauhan and Jyotsna Rewal DuaCounsel: Adv Devender K. Sharma, AG Ashok SharmaClick here to Read/Download JudgmentRead OrderNext Storylast_img read more

NFL may hold off on L.A. decision

first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREThe top 10 theme park moments of 2019 A new revenue sharing agreement has been tabled for now while the NFL focuses on a new collective bargaining agreement. While Commissioner Paul Tagliabue was tight-lipped on the status of negotiations — he’d recently promised a fine to any owner who discussed them publicly — he didn’t paint a pretty picture for the owners. “The commissioner said things are not moving along at a pace we would like them to,” Falcons owner Arthur Blank said. “The message I got was that there was a significant gap.” The NFL had been pushing ahead on a parallel track in Los Angeles. Last week, it delivered drafts of a lease agreement to the Coliseum and Anaheim officials and NFL executive Neil Glat, the league’s point person in Los Angeles, has been asking both sites to be prepared to make formal presentations in Kansas City. But on Thursday he conceded that may not happen. “The time table could shift,” Glat said. “It’s unlikely,” Steelers president Art Rooney II said of the possibility of choosing a site in Los Angeles this month. “We’ve got other issues to deal with.” Despite Thursday being the fourth owners meeting in six months devoted to revenue sharing and labor issues, they show few signs of being resolved soon. The NFL’s next scheduled meeting is next March. The league could call a special meeting for Los Angeles, or could piggyback the issue onto any subsequent special meetings for economic issues. But that is unlikely, according to a league source. “I don’t want to speculate on what that means until we know where we are at the end of October,” said Glat, whose update on Los Angeles was put over until the end of the month. Some owners and league officials have maintained that they needed to resolve labor and revenue sharing issues before they could come to a stadium agreement because those deals would affect the economics of a stadium lease. However, a league source said Thursday that it’s more a matter of clearing the CBA and revenue sharing from the owners’ plate so they can focus on Los Angeles. In the meantime, lease agreements could be reached with both sites with a window, perhaps six months, for some of the particulars to be ironed out and during which the NFL could pull out of the deal. Nevertheless, a lengthy delay could affect the NFL’s options. Anaheim, which has seen land values skyrocket in the Platinum Triangle — the area in which the stadium would be located — had asked for a decision in May, but saw enough progress to continue to the fall. An city official indicated he wasn’t sure how much longer the city would wait. “If there’s not a decision in October, then obviously we’ll have the opportunity to go back to the city council and talk about what our options are for the area,” Anaheim spokesman John Nicoletti said. “The Platinum Triangle continues to be a tremendous growth opportunity for Anaheim and the rest of Orange County. We want to make sure we take advantage of the opportunity being presented to us.” Glat said he hoped Anaheim would continue negotiations. “We expect them to, but it’s up to them,” Glat said. “We’re sensitive to the timing issue, but slipping by a few months shouldn’t affect their commitment.” Coliseum Commission president Bill Chadwick said he isn’t surprised that there is talk of a delay. “We’ve done our work,” Chadwick said before the commission’s monthly meeting Thursday. “We’re ready, but they set the calendar. Whether a deal gets done in Kansas City, I don’t have any control over.” The Coliseum still has plenty of its own issues to clear up. The city council will vote Tuesday on whether to approve a redevelopment bill (it is expected to do so) and there are some questions about alterations the NFL wants to the proposed stadium redesign. “We’re reviewing the lease right now and there are a lot of people that have to review a very complicated document — the nine commissioners, staff, the city, county and state and third-party counsel,” Chadwick said. “We’d like to respond, whether we have a problem or don’t have a problem, before Kansas City.” An extended delay into 2006 could bring the Rose Bowl back into contention. Pasadena city councilman Chris Holden is leading a signature-gathering drive for a ballot measure that would require the city to present an offer to the NFL. Last June, the city council could not muster enough votes to go forward with a proposal. The NFL owners decided Thursday to award the 2010 Super Bowl to Miami and voted to continue their commitment in NFL Europe for another five years, the latter contingent on a collective bargaining agreement. — Billy Witz can be reached at (818) 713-3607. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!center_img DETROIT — The NFL’s selection of a stadium site in Los Angeles could be put off until next year after several owners said Thursday at a league meeting that they were still far from resolving the league’s economic issues — new agreements on labor and revenue sharing. The NFL since May has targeted its fall meeting in Kansas City, Oct. 25-27, as the date it had hoped to choose between Anaheim and the Coliseum. But owners are now expected to be consumed by the economic issues at that meeting. last_img read more

“It’s imperative Government introduce seafarers allowance” – Gallagher

first_imgFianna Fáil TD Pat ‘The Cope’ Gallagher is seeking a firm commitment from Minister for Finance Michael Noonan T.D. that the Seafarers allowance will be extended and rolled out as part of Budget 2017.His comments come following a reply from the Minister of Finance to a Dail question raised by Deputy Gallagher.Pat ‘The Cope’ told Donegal Daily, “I called on the Minister to implement the measure as proposed by the Marine Tax review regarding the seafarers’ allowance, and I expressed my disappointment that the allowance was not brought back as part of the current 2016 Budget process and Finance Bill. “The matter was brought before the Dail in early April by way of questions to the Minister, on that occasion the reply obtained by Gallagher indicated the Department were seeking to have any outstanding difficulties resolved so that it would form part of the Budget 2017 announcements.“It is now imperative the Department and Minister stand by their commitment and introduce the Seafarers allowance, so fishermen and their families can benefit directly from the allowance.“It is not acceptable that there are ongoing delays in introducing this measure.“I’m committed to holding the Minister and Department officials to account for the commitment given earlier regarding the Seafarers Allowance.” Gallagher concluded by expressing disappointment at the delay in re-introducing the allowance and called on Minister Noonan to take immediate action and insure it forms part of Budget 2017 announcements.“It’s imperative Government introduce seafarers allowance” – Gallagher was last modified: September 27th, 2016 by Mark ForkerShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

Can The Internet Help This Woman Find The Perfect Gigolo?

first_imgRelated Posts A Web Developer’s New Best Friend is the AI Wai… Why Tech Companies Need Simpler Terms of Servic… You may not know this but ReadWrite is owned by a company called Say Media, which owns a handful of other sites, including xoJane, whose readers are mostly women, and not just any women, but the kind who like to do naughty sex-type things and write about it on the Internet. Just check out this article about how to have Skype sex, by a woman who claims to have developed some expertise in this area.So, right. Let’s just say there’s not much overlap between the xoJane audience and our audience here at ReadWrite. But that may be changing, because the deputy director of xoJane, Mandy Stadtmiller, is on a quest, and I think our readers can help.You see, Mandy is looking for gigolo. And she wants the Interwebs to choose him. She is crowd-sourcing the decision and is letting readers vote on which of seven hunky dudes she should hire. The guys all work for a service called Cowboys4Angels, and they have names like “Vin Armani” and “Bradley Lords.”You can check out their photos here, or in Mandy’s post on xoJane where she lays out her scheme, but I warn you, there are a lot of pulled-down tighty-whiteys, which might be NSFW, depending on where you W. For what it’s worth, I’m voting for the gigolo who’s out hiking in a cowboy hat, no shirt and plate-sized belt buckle, because why not?Not only can you vote on the guy, you can also vote on which roleplaying fantasy Mandy should act out with the guy, and whatever readers decide, Mandy swears she will do it. Because that is just how she rolls.Thank You, God, For The InternetCynics might see this as just a craven ploy by Stadtmiller to gin up pageviews, which it is. We got wind of it when one of our reporters, Dan Rowinski, happened to visit the New York office of Say Media, where xoJane’s offices are located. Somehow Rowinski got talking to the staffers at xoJane, who told him that hey, we’re working on a tech story, and maybe you guys at ReadWrite can write something with it. This was the gigolo project. Now, Rowinski is a shy lad who has led a sheltered life, and of course he was terrified. He managed to escape the clutches of the New York City lady monsters, and when I ran into him the next day he told me what they were up to. I knew right away that, frightening and awful as this is, we must get involved with this important sociological experiment. Plus here at long last was our chance to achieve synergy with our sisters in arms at xoJane.I traded some mail with Stadtmiller this evening. She told me she came up with this idea after writing a somewhat disturbing post about depression and medication and sexual dysfunction, titled, “I’ve Been Going To Some Dark Sexual Places Lately In Fantasy – And It’s Bumming Me Out.” A sympathetic reader wrote in telling Stadtmiller she should do what the reader had done when she needed something to pick up her spirits, which was, “Go professional.” In other words, hire an escort.The reader told Stadtmiller about Cowboys4Angels. “I followed up as I knew it would be a fun, hilarious story,” Stadtmiller tells me. “I decided to do the crowdsourcing angle because I’m a dork, and I love shit like that. This seemed like a terrific way to involve crowdsourcing in something that was sexy and sexual and fun –and encourage reader engagement.”Ah, yes. Reader engagement. We talk a lot about that at ReadWrite, too, but so far our ideas have been much less daring. The best we’ve done is give away a Nexus 7. Different strokes, I guess. We’re bringing on a new editorial assistant next week. Maybe we can dream up dangerous and/or embarrassing things for him to do, and let readers choose his fate.Sorry, No SexStadtmiller, who just started a relationship, says she will act out some roleplay fantasies with the gigolo, but won’t actually have sex with the guy, if only because “super handsome ripped guys aren’t really my thing.” The roleplay choices are pretty tame. There’s no two-girls-one-cup action on the menu.Stadtmiller has pulled a gigolo stunt before, when she was reporting for the New York Post and hired a “prosti-dude” at a brothel in Las Vegas and wrote about her experience. It’s a hilarious read. Here’s a clip of her talking about it on the Joy Behar show in 2010: 8 Best WordPress Hosting Solutions on the Market  Stadtmiller will go on the Joy Behar show later this month to talk about the new gigolo project, and to let that audience join in the voting. Then she’ll choose her gigolo. “I’m just hoping for a great story and experience,” she tells me. “I don’t have trouble getting dates, but this is an experience where readers can live vicariously through me – especially with the crowdsourcing component.” Is this what Tim Berners-Lee had in mind when he created the Web? Probably not. Anyway, here we are. The end times are upon us. Women are going crazy and turning into man-eating sex monsters. Next thing you know they’ll want to vote. Now if you’ll excuse me I’m going over to xoJane to choose a gigolo. Top Reasons to Go With Managed WordPress Hosting Tags:#crowdsourcing#Skype dan lyonslast_img read more

Quake hits Bankura district

first_imgA low-intensity earthquake, measuring 4.8 on the Richter scale, shook West Bengal’s Bankura district and its nearby areas on Sunday, the Met department said here. A tweet by the India Meteorological Department said the quake hit Bankura at 10.39 a.m. Official sources in Jharkhand said that tremors were also felt in the Santhal Pargana region of the neighbouring State, mainly in Dumka, Rajmahal and Deoghar districts. There was no report of any casualty or damage to property so far from anywhere, according to reports. The epicentre of the quake was 10 km below the surface at latitude 23.3° north and longitude 86.9° east.last_img

Four feared dead in Odisha coal mine landslip

first_imgFour workers are feared dead and nine have been injured in a landslide at a Coal India Ltd mine in Odisha, a company spokesman said on Wednesday.The open cast mine in Odisha, with production capacity of 20,000 tonnes a day, had been shut after the late Tuesday accident, Dikken Mehra, a spokesman for Mahanadi Coalfields Ltd, a Coal India subsidiary told Reuters. “It will take at least a week to resume operations,” Mr. Mehra said.India is one of the most dangerous countries to be a coal miner, with one worker dying every seven days on average in 2018 in mines operated by state-run Coal India and Singreni Collieries Co Ltd, according to government data. The numerous illegal mines, often in remote hilly terrain, also have a poor safety record, although there is little data as many accidents go unreported.In December, at least 15 miners were trapped in an illegal “rat-hole” coal mine in the Northeastern State of Meghalaya. Thousands of workers in Meghalaya, including children, have been killed in the so-called rat-hole mines, in which miners crawl into narrow shafts on bamboo ladders to dig for low-quality coal.last_img read more

Perlas boosts hopes for podium finish with Vietnam rout

first_imgTrending Articles PLAY LIST 00:50Trending Articles02:49World-class track facilities installed at NCC for SEA Games03:07PH billiards team upbeat about gold medal chances in SEA Games05:25PH boxing team determined to deliver gold medals for PH03:04Filipino athletes share their expectations for 2019 SEA Games00:45Onyok Velasco see bright future for PH boxing in Olympics02:25PH women’s volleyball team motivated to deliver in front of hometown crowd01:27Filipino athletes get grand send-off ahead of SEA Games00:36Manny Pacquiao part of 2019 SEA Games opening ceremony NATO’s aging eye in the sky to get a last overhaul Cindy Resultay caught fire and unfurled 26 points, eight steals, three rebounds, and three assists, while Raiza Rose Dy contributed 23 markers.Janine Pontejos came off the bench and added 15 points and four steals, while Claire Castro got 12.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSBoxers Pacquiao, Petecio torchbearers for SEA Games openingAnalyn Almazan controlled the boards with six markers and 12 rebounds.Perlas got it done on defense and outscored the Vietnamese, 32-2, in the second quarter to turn a 20-21 deficit into a 52-23 halftime edge which ballooned to the final spread of 74. FILE PHOTO from FIBA.comPerlas Pilipinas wrapped up its 2017 Southeast Asian Games campaign in style, decimating Vietnam, 118-44, Friday at MABA Stadium in Kuala Lumpur.The victory kept the Filipinos in the running for at least a bronze medal finish with their 4-2 card.ADVERTISEMENT Don’t miss out on the latest news and information. Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ Sports Related Videospowered by AdSparcRead Next LATEST STORIES Trump signs bills in support of Hong Kong protesters Robredo should’ve resigned as drug czar after lack of trust issue – Panelocenter_img Celebrity chef Gary Rhodes dies at 59 with wife by his side Biggest Pogo service provider padlocked for tax evasion Lacson: SEA Games fund put in foundation like ‘Napoles case’ Hotel says PH coach apologized for ‘kikiam for breakfast’ claim Nocturnal animal Mayweather visits strip club Huynh Thi Ngoan led the still winless Vietnam (0-4) with nine points in the defeat.The Scores:PERLAS PILIPINAS 118 – Resultay 26, Dy 23, Pontejos 15, Castro 12, Animam 8, Almazan 6, Bernardino 6, Cabinbin 6, Tongco 6, Abaca 4, Sambile 4, Lim 2.VIETNAM 44 – Huynh 9, Trat 8, Nguyen TCT 7, Bui THT 4, Nguyen TLV 4, Nguyen TTD 4, Bui KN 2, Linh 2, Nguyen NB 2, Tran 2, Pham TDT 0, Pham TTB 0.Quarters: 20-21, 52-23, 86-33, 118-44.ADVERTISEMENT MOST READ View commentslast_img read more