Money making November moves

first_img 21SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Myriam DiGiovanni After writing for Credit Union Times and The Financial Brand, Myriam DiGiovanni covers financial literacy for FinancialFeed. She is also a storytelling expert and works with credit unions to help … Web: Details As you are juggle finding just the right gifts and planning the perfect holiday get together, there is one more item that should be on your to-do list…your finances.According to, this is the best month to take inventory of your finances and make moves to ensure you are financially stronger heading into 2019.Here are just a few things to check off your list before year-end.Do a budget check: Take a few minutes to see where you stand. Did you meet your goals? If you fell short somewhere, what happened? Is it time for a different strategy or more relevant goals to meet future needs? Let’s face it, life can often get in the way of the best laid plans. Now is the time to evaluate where you are now and what your needs are moving forward. Making adjustments is not a sign of “failing” or that “budgeting doesn’t work”. Making a course correction is just a normal part of life. We adapt and move forward.Check your benefits:  Review your 401(k), flexible spending accounts, health savings accounts etc. Flexible spending accounts are “use it or lose it”. Make sure the money you’ve already paid for health care coverage, is not being left on the table. That’s your money. Find out deadlines, file those receipts and get reimbursed. If you have extra money to put toward retirement and haven’t reached the maximum 401(k) contribution of  $18,500 for the year, the deadline to do so is Dec. 31. If your employer offers a company match, that’s free money. Don’t forget about your HSAs. A family can contribute up to $6,900 and an individual can contribute up to $3,450 for 2018. Unlike FSAs, unused HSA funds rollover and can be used at anytime for eligible medical expenses. Maximize it while you can.Schedule those medical appointments: According to Consumer Reports, November is the slowest month for doctors. It’s a good time to get those check-ups and procedures you’ve been putting off. Another bonus is that this late in the year, if you haven’t already met your deductible, you are likely close to doing so. Time it right and that can be a savings of at least a few hundred dollars.Give to those less fortunate: It’s not only the perfect season to spread good cheer, but that charitable donation could double as a tax deduction. Don’t forget to save your receipts.Get a jump on tax season: Take a few moments to gather all relevant receipts for tax time and store in one place. Hopefully you’ve been doing this all along but if not, don’t worry there’s still time. Thinking about the year and starting now will ensure nothing slips through the cracks.last_img read more

Dutch pension fund makes first foray into housing via Bouwinvest

first_imgThe moves comes at a time when the Dutch property market appears to be recovering and local institutions are seeking to take advantage of new rules that could force housing associations to sell assets.On Monday, APG increased its stake in housing company Vesteda.Earlier this year, Rabobank Pension Fund invested €50m in the residential fund.Bouwinvest chief executive Dick van Hal said the mandates showed institutional investors were “increasingly aware of the probably once-in-a-generation investment opportunities arising in the mid-priced rental sector in the Netherlands due to the upward turn in the cycle and the government’s moves to rebalance the housing market to attract private capital and boost supply”.Dekker said Bouwinvest “came out on top” during its due diligence of investment managers.“The important factors for us in this decision were the quality of the investment team and the portfolio and their solid track record on returns during the past few years,” he said.Bouwinvest claims the Dutch Residential Fund is the largest of its type on an “unleveraged basis”.It is one of three domestic property funds managed by Bouwinvest, which were all created out of BPF Bouw’s directly held domestic real estate portfolio.In 2010, the pension fund seeded the funds and effectively opened up its portfolio to other investors.This enabled it to reduce its exposure to the Dutch market without having to sell assets and to redeploy capital to international markets.The Bouwinvest Residential Fund portfolio consists of around 15,000 homes, mainly in the liberalised higher rental segment of the market and within the major urban areas of the Randstad conurbation – the strongest economic and most densely populated region of the Netherlands.The fund is developing approximately 1,900 homes. Dutch pension fund BPF Zoetwaren, which decided to allocate to real estate for the first time this year, has invested in its domestic residential market.The pension fund for the confectionary industry has invested €30m in the Bouwinvest Dutch Residential Fund, a €2.6bn vehicle managed by the investment arm of construction workers’ pension fund BPF Bouw.Leo Dekker, chairman of BPF Zoetwaren, said: “The pension fund decided after the findings of our last ALM study that we would start to invest in real estate from 2014.“Real estate provides a stable and sustainable return for the retirement income of our pensions, and now is a very attractive time to step into the housing market.”last_img read more

Anti-FOBT report authors labelled ‘all tank and no think’

first_img A much-trailed report into fixed-odds betting terminals (FOBTs) from the right-leaning think tank ResPublica has been slammed for “parroting” the line taken by the report’s paid sponsors the Campaign for Fairer Gambling (CFG).The report published this week entitled ‘Wheel of Misfortune: the case for lowering the stakes on FOBTs’ called for the reduction of the maximum stake applicable for high-street gaming machines to £2.This figure is in line with the long-standing calls from the CFG and the anti-FOBT lobby. The report stated in its conclusion: “This single step would bring regulation of these machines into line with common practice both in the UK and abroad, and would respond to widespread public demand and cross-party consensus.”However, William Hill accused the report’s authors of being ‘all tank and no think’.“It parrots the CFG line on £2 and doesn’t even acknowledge the fact that loss rates per hour are actually very similar on B2 and B3 games and in fact more volatile on B3 and average losses per session are higher on B3,” said William Hill’s head of corporate communications Ciaran O’Brien.O’Brien added that a “proper think-tank analysis” of the correct policy response for gaming machines on UK high streets “should surely look at the independent research and the impact of a policy change both on problem gambling and the employment and taxation as well as knock on impacts on other sectors.”“It would weigh up alternative policy options to achieve the right objectives and how and why,” he added.The criticisms were echoed by the Association of British Bookmakers whose spokesperson Peter Craske, said that it “should be no surprise” that a report commissioned by the CFG used “dodgy stats and flawed research” in their attacks on the bookmakers.“The Campaign have called for a relaxation in the law limiting the number of casinos in the UK and for tax cuts to support casinos,” he said.Still, the addition of introductory comments in the ResPublica report from Chris Philip, Conservative MP and parliamentary private secretary to the Treasury, are a signal of a shifting tide, suggested Dan Waugh, partner at gambling consultancy Regulus Partners.“The self-styled ‘free marketer’s’ dismissal of economic arguments for non-intervention seems particularly significant,” he said. “Given his official role, he may be assumed to have some influence on the Chancellor Philip Hammond and exchequer secretary to the Treasury Andrew Jones; though Philip did not suggest that he was articulating his department’s perspective.”In his forward to the report, Philip said he welcomes the report’s call for greater consistency and consensus” in the regulation of Fixed Odds Betting Terminals.“Across all political parties, there is a strong feeling that these gambling machines are having a detrimental effect on our high streets.”He continues: “Crucially, it demonstrates how this damage could be mitigated by smarter regulation of gambling machines, by reducing their maximum stake to £2 per spin.”He then suggested that the proliferation of machines since the introduction of the Gambling Act 2005 came about because of a “loophole”.The report is published on what is presumed to be the eve of the publication of the government’s triennial review findings. The review was tasked with examining states and prizes levels for gaming machines on the high street as well as issues around the numbers of gaming machines accessible in the UK and the amount of gambling-related advertising on TV.The review was announced this time last year and after much delay it is being assumed by many stakeholders that it will report possibly as early as next week. At a Department of Digital, Culture, Media and Sport (DCMS) select committee hearing recently, the culture secretary Tracey Crouch indicated the review would lay out a range of options for staking levels.Newspaper reports have suggested the range of potential options goes from £2 to £10, £20, £50 to leaving maximum stakes as they are. The report will be put out for a three-month consultation after which a final decision will be announced early next year.Waugh at Regulus said the “phoney war” over machines was now coming to a close and with various elements of the UK industry having exchanged a war of words over the future of gaming machines, he said the prospects for industry harmony were limited.“As the industry prepares to enter the sharp end of the government’s limited review of gambling policy, there are few indications of a diplomatic solution to industry relations,” he said. SBC Magazine Issue 10: Kaizen Gaming rebrand and focus for William Hill CEO August 25, 2020 Gamesys tops list for GambleAware Q1 donations July 10, 2020 Share StumbleUpon Submit Share William Hill accelerates transformation agenda to overcome COVID realities August 5, 2020 Related Articleslast_img read more

Mock disaster drill in Wellington is set for Friday, April 25 from 1:30 to 3:30 p.m.

first_imgSubmitted to Sumner Newscow — On Friday, April 25 from 1:30 p.m. – 3:30 p.m. Future’s Unlimited along with Sumner Mental Health Center, Wellington Police Department, Wellington Fire/EMS, Sumner County Emergency Management, Sumner Regional Medical Center and Sumner County Emergency Communications (E-911) will participate in a Mock Disaster training drill. There will be emergency vehicles and personnel around the FUTURES campus that afternoon, and the public is being advised not to become concerned if traveling along North “A” street in Wellington. This training will help emergency responders and FUTURES personnel be better prepared for different types of disasters/emergencies.last_img

Bus driver fined $10,000 for assaulting Policeman

first_imgA minibus driver was on Monday found guilty of assault when he appeared at the Georgetown Magistrates’ Courts before Magistrate Annette Singh.Winston Harris was also facing two additional charges, that of resisting arrest and disorderly behaviour.Magistrate Singh found Harris guilty of assaulting an officer on May 21, 2016 at Water Street, Georgetown.Also on the same day at the same location, Harris resisted arrest and acted in a disorderly manner.The Prosecution’s case contended that on the day in question, the defendant was reversing his minibus, PSS 1257 when the officer asked him to stop.He did not comply and the officer went around to the driver’s side of the bus when the defendant pushed open the door, hitting the officer.He then held onto the steering wheel as the officer tried to arrest him and began to act disorderly, causing a crowd to gather.He was fined $10,000 for each offence or face a default of one month in prison.last_img read more