Passive income stocks: how I make money while sleeping

first_img 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. Looking for passive income stocks to buy today? Here is: 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: The Motley Fool 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. 5 Stocks For Trying To Build Wealth After 50 Zaven Boyrazian | Friday, 5th February, 2021 Click here to claim your free copy of this special investing report now!center_img Passive income stocks: how I make money while sleeping Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. The idea of using passive income to make money while sleeping sounds fantastic to me. And as Warren Buffett once said: “If you don’t find a way to make money while you sleep, you will work until you die”.Many companies’ share prices have yet to recover from the market crash in March last year. Including some businesses that will prosper in future. As a result, yields of around 4% are quite widely available and could be used to build a substantial source of passive income. Several stocks today even offer higher yields, even close to 10%, although these are much more risky.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…Using dividend shares to earn passive incomeThere are lots of different investment instruments that can generate passive income. In the late 1980s, bonds were very popular and carried minimal investment risk. But the low-risk ones offer very low rewards today.That’s why I like dividend stocks instead. Shareholders receive cheques every couple of months, for doing absolutely nothing. They can spend their time playing games, going for a walk, or in my case, taking a nap. Meanwhile, the money keeps on rolling in.But as wonderful as this prospect is, stocks carry significantly more risk than bonds or cash.Dividends can disappear!Because dividends are paid from a company’s profits, their fate is ultimately tied to that company’s success. When trouble lies ahead, and cash needs to be preserved, dividends are usually on the list of expenses to cut, delay, or even cancel.Just look at what happened last year. Over 500 UK stocks cut or cancelled dividend payments following the first lockdown in March 2020.Sometimes a firm will take out loans to maintain dividend payments in times of crisis. But this is ultimately an unsustainable and dangerous approach to pleasing investors. It burdens a company’s balance sheet with debt, resulting in higher interest payments that damage its financial health. Needless to say, it’s a giant red flag in my eyes.Finding the best and sustainable dividend stocksThere’s no point in buying shares in a stock that pays a high dividend yield if that yield disappears in the future. This is commonly known as a yield trap. Therefore, I believe avoiding these traps is the key to building a reliable passive income portfolio.The good news is, most of the time they aren’t that hard to spot. Let’s say I’ve discovered a dividend stock that pays an impressive 10% yield. By comparison, in the UK the average is around 4%. Is this a trap? Possibly, but more information is needed.Looking at a historical price chart, it’s likely I’d see a sharp decline in share price within the past few months. Because remember, when the share price falls, the yield percentage relative to it will go up. So the question is, why did the share price fall? There’s usually more than one answer. But if it’s primarily due to a temporary problem that can be solved, such as a market crash, then I might have found a fantastic passive income opportunity.Investing in the stock market can be a risky endeavour. But if I mix riskier stocks paying very high yields with those paying less spectacular percentages, I think the rewards can balance the risks (which both diversification and research can help to reduce). See all posts by Zaven Boyrazian Enter Your Email Addresslast_img read more

BREAKING: Lettings sector supplier Barbon is snapped up by insurance giant PIB

first_imgLettings industry services and insurance provider Barbon has been bought by intermediary giant PIB, triggering the appointment of Andy Halstead as its new CEO.Barbon operates several of the industry’s leading referencing and insurance brands including HomeLet, Let Alliance and Rentshield Direct.A year ago Barbon merged with Let Alliance, whose CEO had been Andy Halstead, but who now takes over the wider business after Martin Totty announced he is to step down after seven years at Barbon’s helm.“This is an exciting step in Barbon’s journey, and I feel this is the right time to hand over the baton to Andy and enable the business to benefit from new leadership,” says Totty (above, right).“I’m delighted that Barbon’s merger with Let Alliance a year ago created an opportunity to plan leadership succession from within and ensure a seamless handover.New role“Andy brings enormous experience and expertise from his career in the lettings industry and a business-building track record evidenced by what he and his team have created at Let Alliance over the past ten years. I wish Andy all the best in his new role.”PIB launched in 2015 and has grown into an insurance intermediary giant largely through acquisition.A key benefit for lettings agency customers will include having access to many more products and services such as commercial, PI and fleet insurance as well as Barbon’s market-leading products.At the same time, PIB’s underwriting capability will enable Barbon to develop new products for their business and their customers.“I would like to thank Martin for all his support while we have been working hard together behind the scenes to prepare for this transition,” says Halstead (above, left).Rentshield Direct Martin Totty HomeLet Let Alliance Andy Halstead December 2, 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 2021 Home » News » BREAKING: Lettings sector supplier Barbon is snapped up by insurance giant PIB previous nextProducts & ServicesBREAKING: Lettings sector supplier Barbon is snapped up by insurance giant PIBBarbon, which last year merged with Let Alliance, has appointed Andy Halstead as its new CEO following its acquisition by PIB.Nigel Lewis2nd December 202001,238 Viewslast_img read more

Students come together with Congregate

first_img How the Socratic method translates online Q&A on Harvard’s move to online learning Related Law School professor makes a case for Zoom Officials detail University’s battle plan to combat coronavirus while education continues As the U.S. COVID-19 crisis intensified in early March, Harvard Undergraduate Capital Partners (HUCP) was hit by a bevy of networking event cancellations.When Harvard President Larry Bacow announced that the University would transition to remote teaching after spring break, HUCP managing director Bryan Lee ’21, a computer science concentrator at the John A. Paulson School of Engineering and Applied Sciences, wondered how networking events could continue with participants scattered around the world.He immediately reached out to some friends and began brainstorming solutions.“We started to think about the sorts of things that happen during networking events that aren’t well-facilitated through Zoom [the videoconferencing platform Harvard uses],” said Jacob Ajit ’21, an economics and computer science concentrator. “For instance, at networking events, you have conversations that self-segregate into little sub-groups, which we thought of as ‘rooms.’ The key point is that they are very dynamic. We wanted to create an interface where people can dynamically gauge the sense of a room and then jump in and out of conversations quite easily.”Feeling a sense of urgency, Lee and his friends quickly formed a team and collaborated over spring break to develop Congregate, a web platform that enables users to host events or gatherings that are broken into many dynamically generated conversation rooms.An event organizer sets up a series of rooms, which take the form of rectangles on a user’s screen. Individuals can see the topic of each room, as well as the number of people and the user names of those inside. Clicking into a room brings up a videoconference window with typical features, such as “raise hand,” a chat box, etc. While the event continues, users can create and delete additional rooms at will.This sample Congregate lobby shows a series of rooms that users can enter and leave during an event.Enabling users to break themselves into sub-groups with no friction is an important function that many videoconferencing tools lack, Ajit said.“While we originally thought about networking events, we quickly realized that this idea of having dynamic virtual social gatherings is applicable to many other use cases, like casual hangouts, common spaces, and even virtual office hours for courses,” Lee said. “We heard a lot of horror stories about Zoom office hours.”In technical classes, office hours are vital settings for collaboration between students, said Isabelle Zheng ’22, a computer science concentrator. Groups of students work together, typically in a large dining hall, while a teaching fellow circles the room to see who needs help.That is impossible to replicate in a Zoom format, she said.The system places burdens on the teaching fellows to keep track of which students request to be placed into which breakout rooms, while also visiting all the breakout rooms to answer questions.As they continue to roll out the platform, the Congregate team plans to add more features, which could include customized backgrounds, bubble-shaped rooms that pulse based on the number of people inside, and even subtle background noise.“One time, a friend of mine was trying to get into our Zoom breakout room to collaborate with us, but because the TF [teaching fellow] was busy, she had to wait for an hour before she could get into our room,” Zheng said. “Rather than having the impetus on the TF to manage everything, we wanted Congregate to be something where people could gather in their own rooms, discuss specific questions, and then allow TFs to jump from room to room in a way that is very similar to what they would do in a real dining hall.”The biggest challenge they faced as they developed Congregate was finding a videoconferencing platform that had the functionality they needed, but was inexpensive enough that they could scale up, Ajit explained. The team made a number of very fast pivots, relying on the feedback of friends as they added core features.They publicly launched Congregate on April 3 and have a set of about 10 TFs who have agreed to pilot the system for office hours. The team is also preparing to use Congregate to host several class of 2024 gatherings for the University of Pennsylvania, University of Illinois Urbana-Champagne, and Northwestern, Lee said. As they continue to refine the platform based on user feedback, they are excited about potential future features, such as customized backgrounds (host office hours in a replica of the Annenberg dining hall, for instance), bubble-shaped rooms that pulse based on the number of people inside, and even subtle background noise.“For a networking event, for instance, there are some cases where Congregate could offer more features than the physical world could allow,” Ajit said. “Instead of putting on a sticker that says ‘I want to talk about fintech,’ now you could see a bird’s-eye view of what everyone wants to talk about in these little groups. We have a lot of fun features in the works.”They are looking forward to working on those features, expanding the platform, and sharing Congregate with students around the world, who are all now coping with new challenges and opportunities afforded by remote instruction.“I really like building things that allow people to live an easier life,” Zheng said. “This makes a lot of applications much easier, especially since we’ll be in this remote environment for the foreseeable future. Being able to rapidly create something and see it come to fruition has been really rewarding.”last_img read more

Green light for Chrysaor’s decommissioning plan for Ganymede platform topsides

first_imgChrysaor’s decommissioning plan for the Ganymede platform topsides, which is located on the Jupiter area in the UK sector of the North Sea, has been approved by UK authorities. The decline in production led to the cessation of production thatwas approved by OGA in 2016, enabling decommissioning activities to begin on thefacilities in 2017. The platforms are in cold suspension, awaiting removal anddisposal. In 2000, NW Bell and Europa came online. This backed out Ganymede and some wells were shut-in. When NW Bell and Europa declined in 2001, the Ganymede wells were reinstated. The Ganymede field is located approximately 132 kilometres east of the Theddlethorpe Gas Terminal (TGT) terminal. First production from the Ganymede Field and Callisto Field was in September 1995. The Jupiter field was net cash flow negative in 2014 which initiated decommissioning activities on the installations to start and production to cease from Jupiter in November 2016. Chrysaor, as the operator of the Jupiter fields, applied to the OffshorePetroleum Regulator for Environment and Decommissioning (OPRED) to obtainapproval for the decommissioning of the following Ganymede ZD topsides. The Jupiter fields were discovered in 1972 by the 49/16-4 wellwhich encountered 325 feet of gas column in the Rotliegendes Group LemanSandstone Formation in what became the Ganymede Field. The exploration andappraisal programme continued through the 1990s with discoveries in the Europa,Callisto, and Sinope Fields. Source: Chrysaor The schedule outlined in the decommissioning programme started with the well plugging and abandonment in 2016 and will span approximately seven years. The Jupiter fields consist of several separate gas accumulationswhich lie within blocks 49/16a, 49/17a,center_img As for the Ganymede topside, it weighs 1,082 tonnes and theinstallation stands in 33.5 metres of water. Other installations, including theGanymede ZD jacket and pipelines in the Jupiter area, will be decommissioned atan appropriate time and covered by their own decommissioning programmes. The first phase was the development of the Ganymede ZD normally unmannedinstallation (NUI) platform and Callisto subsea tie-back to Ganymede in 1995. Jupiter fields 49/22a, 49/22c, 49/22d and 49/23a (licences P.025 and P.033) inthe Southern North Sea of the UKCS. The Jupiter fields were developed in two phases to support theproduction from the Jupiter area using the LOGGS Gathering Station to transportthe produced oil and gas from the field for further processing and sale. The second phase was the development of the Europa EZ NUI platformand NW Bell ZX subsea tie-back to Callisto ZM in 2000. The Jupiter facilities currently consist of two Jupiter surface installationsGanymede ZD and Europa EZ, one subsea tee at the intersection of the Europa EZto Callisto ZM, two Jupiter subsea tiebacks with wellhead protection structures– Callisto ZM and NW Bell ZX – and the inter-field pipelines. The Ganymede ZD, Europa EZ, and subsea tiebacks Callisto ZM and NWBell ZX produced 494 bscf of gas up to the termination of production in 2016.last_img read more

Sheriff: Suspects Ordered Burgers After Killing Florida Fishermen

first_imgRobert Wiggins says his brother TJ accused Springfield of stealing his truck and then punched him, before shooting all three men.Deputies add that the killers drove to McDonald’s afterward, where they ordered 10 double cheeseburgers and two McChicken sandwiches.William Wiggins also drove his truck to a car wash in Lake Wales to be cleaned.Tony Wiggins is charged with first degree murder, tampering with evidence, and possession of a firearm and ammunition by a convicted felon.He has 230 felony arrests with 15 convictions and two trips to state prison.Meanwhile, William Wiggins faces charges of tampering with evidence and accessory after the fact of a capital felony.Mary Whittemore is facing a charge of accessory after the fact of a capital felony.All three are due to appear in court Thursday morning. Investigators offered a $30,000 reward in the case. Detectives have arrested three people in connection to the murders of three friends who were set out to go fishing in central Florida last weekend.Officials say 26-year-old Tony “TJ” Wiggins, his girlfriend, 27-year-old Mary Whittemore, and his brother, 21-year-old William “Robert” Wiggins, are suspects in the murders of 23-year-old Damion Tillman, 30-year-old Keven Springfield and 27-year-old Brandon Rollins.According to authorities, Rollins’ father discovered the bodies.The Polk County Sheriff’s Office explains that detectives found a Dollar General bag and a receipt at the crime scene on the night of the killings. Surveillance video from the store showed the suspects also in the store at the same time.Investigators said the trio initially provided inconsistent stories as to what happened.However, William Wiggins eventually admitted that they followed the victims to a road in Frostproof, where they ended up having a confrontation.Brandon Rollins’ father described for 8 On Your Side the final phone call from his son which led to the gruesome discovery near the lake. All his heartbroken mom wants right now is justice for her son and his two best friends. @WFLA— Justin Schecker (@WFLAJustin) July 18, 2020last_img read more

Monday news: Duke wrestlers place 4th, WMS get rolling, Cards take control of SCBL, league standings

first_img00.1000 WL 52.714 Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. There are no comments posted yet. Be the first one! Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new comments 00.000 League 34.429 00.000 1South Haven71.875 10.1000 00.000 61.857 Girls SCBL Standings 15.167 52.714 00.1000 South Haven boys:It is apparent South Haven boys have become heavy favorites to win the SCBL. The Cardinals dominated Central Burden 52-28. Central came into the game undefeated. Austin Showman returned as a starter for the first time this season this weekend.He had 18 points in his senior debut.South Haven played a non-league contest with Garber, Okla. The Cardinals won again to improve 7-1 with a 55-48 victory. Showman scored 25 points while Andrew Lowe had 13. The box score can be found here.SCBL standings for Monday, Jan. 7: Udall 10.1000 15.167 10.1000 10.1000 Over-all 00.1000 Mens SCBL Standings 01.000 01.000 5West Elk 16.143 7Flinthills 43.571 7South Haven35.375 15.167 70.1000 4Flinthills Elk Valley 01.000 2Argonia 6CVDX 11Centralcenter_img by Tracy McCue, Sumner Newscow — Wellington High School wrestlers finish placed fifth in the Wichita North dual tournament on Saturday, Wellington Middle School basketball teams start a very busy week, South Haven boys win again, and the South-Central Border League standings are released to kick off a very busy week….Wellington High School wrestling: The Wellington varsity wrestlers went 2-2 for the day at the Wichita North Invitational Saturday. The Dukes beat Wichita North 45-29, lost to Wichita Northwest 56-11, lost to Campus 42-30 and beat Wichita West 43-29.Jason Haydon at 160 pounds continues to roll. He went 4-0 on the day and is now 18-1 for the season. He along with Andrew Horn at 126 and Taylon Lamkin at 195 went undefeated in the tournament.Justin Bruns at 152 also had an outstanding tournament. Bruns went 3-1 barely losing to the No. 1 wrestler in Class 6A Saul Ortiz of Wichita Northwest at 152. Andrew Pelkey at 145 and Mitch Lowe at 220 also finished 3-1.Wellington will travel to Mulvane on Thursday for a triangular with Buhler. 33.500 00.000 00.1000 WL 16.143 34.429 9Argonia 8Oxford 51.833 3Oxford 11Sedan 34.429 33.500 3Sedan Wellington Middle School basketball: The WMS basketball teams return to action from Christmas break with the first of three games this week.Wellington teams battle El Dorado on Monday, Prairie Hills on Tuesday and Clearwater on Thursday.In tonight’s action, vs El Dorado is scheduled as follows:Girls – home, 8B 4 p.m, 7A 5:15 p.m., 8A 6:30 p.m. Boys – home, 7A/8B 5 p.m, 7B/8A 6:30 p.m. 01.000 24.333 WL 00.000 Caldwell Over-all 10Elk Valley 2Central 00.1000 League 25.286 15.167 9West Elk 00.000 01.000 00.000 Caldwell 34.429 10.1000 5Udall 1CVDX WLlast_img read more