Tag: Beat

Retirement savings: I’d buy cheap UK shares today to beat your State Pension worries

With the State Pension age continuing to rise, building a retirement savings portfolio is likely to become increasingly important for many people.

Assets such as buy-to-let property, cash, bonds and gold may seem appealing after the recent stock market crash. However, investing money in UK shares while they’re trading at cheap prices could be a better idea.

Through building a diverse portfolio of stocks, you could enjoy a robust passive income in older age that offers financial freedom.

State Pension challenges

As well as a rising State Pension age, the amount paid to retirees is relatively disappointing. At present, it amounts to around £9,110 per year. That’s around a third of the average salary in the UK. As such, it’s unlikely to provide most people with enough money to pay all necessary bills and expenditures each month.

Furthermore, there’s a real threat the rate at which pension payments rise could

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I’d buy cheap UK shares today to beat your State Pension worries

With the State Pension age continuing to rise, building a retirement savings portfolio is likely to become increasingly important for many people.



a dog running in a field: Active senior woman with dog on a walk in a beautiful autumn nature.


© Provided by The Motley Fool
Active senior woman with dog on a walk in a beautiful autumn nature.

Assets such as buy-to-let property, cash, bonds and gold may seem appealing after the recent stock market crash. However, investing money in UK shares while they’re trading at cheap prices could be a better idea.

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Through building a diverse portfolio of stocks, you could enjoy a robust passive income in older age that offers financial freedom.

State Pension challenges

As well as a rising State Pension age, the amount paid to retirees is relatively disappointing. At present, it amounts to around £9,110 per year. That’s around a third of the average salary in the UK. As such, it’s unlikely to provide most people with enough money to

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Why I’d stop saving and start buying cheap UK shares to beat State Pension worries





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The stock market crash may have caused some investors to sell cheap UK shares in favour of using less risky savings accounts. While this may mean they don’t lose money, they’re also unlikely to generate high returns in the long run.

Similarly, low interest rates mean the passive income prospects from products such as Cash ISAs continue to be relatively disappointing.

As such, now could be the right time to buy a diverse range of British stocks. They could offer a mix of capital growth potential and dividend income that helps you to beat a disappointing State Pension.

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Making a passive income from cheap UK shares

Retirees who are seeking to make a passive income could do so from buying a diverse range of cheap UK shares. The stock market crash has caused some companies to reduce or postpone their dividends. However,

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Will MasterCard (MA) Beat Estimates Again in Its Next Earnings Report?

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering MasterCard (MA), which belongs to the Zacks Financial Transaction Services industry.

This processor of debit and credit card payments has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 12.33%.

For the last reported quarter, MasterCard came out with earnings of $1.36 per share versus the Zacks Consensus Estimate of $1.15 per share, representing a surprise of 18.26%. For the previous quarter, the company was expected to post earnings of $1.72 per share and it actually produced earnings of $1.83 per share, delivering a surprise of 6.40%.

Price and EPS Surprise

With this earnings history in mind, recent estimates have been moving higher for MasterCard. In fact, the

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Gulshan Grover shares incident of getting Moroccon visa rejected because he ‘beat’ Shah Rukh Khan



a man and a woman looking at the camera


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Veteran actor Gulshan Grover recently made an appearance on the dance-based reality show, India’s Best Dancer. During his stint, the actor shared several anecdotes including the one with Shah Rukh Khan. Gulshan has shared screen space with SRK in movies namely Yes Boss and Duplicate back in the 90s. While sharing a memory, Grover revealed that he was denied a visa in Morocco because of Khan.

The ‘Bad Man’ of Bollywood shared that during a layover in Morocco, he decided to go sightseeing and requested a visa for the same. However, he was refused by the woman officer because Gulshan beat up Shah Rukh citing their movie sequences. She told him, “Because you beat Shah Rukh Khan! I don’t like you.” The Hera Pheri actor had to assure the woman that it was all for movies and they have a good equation with each other.

Gulshan

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Cheap loans to help small PNG businesses survive but not everyone is convinced – Pacific Beat

The COVID-19 slowdown is creating pain for small PNG businesses and while the national government is offering cheap loans, not everyone agrees that’s the best way to help them survive.

Entrepreneur Rita Awesa has worked in PNG’s travel industry for all most a decade, but when COVID-19 hit and the country’s borders closed, things got very difficult.    

“I have been operating as a travel agent owner for the last eight years.”

“The COVID-19 has affected all of us very badly, as a travel agency owner, my revenue has plunged from what I was making right down to zero and this is not going to pick up until the borders open,” she said.   

Rita Awesa and more than 30 other small business owners have been running their operations out of a shared ‘business incubation facility’ that is run by the state-owned National Development Bank (NDB).    

She said it has been a

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Business Beat: Chandler’s opens showroom location in downtown Huntington | Business

HUNTINGTON — An old, established company has expanded into downtown Huntington with a new retail showroom on 4th Avenue.

Chandler’s Plywood Products is a family business with a long history in Huntington that dates back to 1935 when Denvil Chandler started building wood gadgets, trinkets and toys in his garage, which he later turned into a handcrafting custom cabinets and countertops business with his four brothers.

Recently, the historic cabinet and countertop manufacturing and sales company announced the opening of a new 1,100-square-foot showroom at 1143 4th Ave. in addition to its existing 90,000-square-foot facility in Huntington’s West End neighborhood.

“We looked at a lot of different places in the area, including farther east, all the way to Charleston, but we just felt like we wanted to support Huntington and think that the city has a lot of good stuff going on,” said Bruce Mosser, the company’s operations manager.

Sales

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U.S. core capital goods orders beat expectations; business investment rebounding

By Lucia Mutikani

WASHINGTON (Reuters) – New orders for key U.S.-made capital goods increased more than expected in August and demand for the prior month was stronger than previously estimated, suggesting a rebound in business spending on equipment was underway after a prolonged slump.

The upbeat report from the Commerce Department on Friday, however, did not change views that the economy’s recovery from the COVID-19 recession was slowing as government money to help businesses and tens of millions of unemployed Americans runs out. New coronavirus cases are rising in some parts of the country. That could crimp consumer spending, with retail sales already slowing.

Federal Reserve Chair Jerome Powell this week stressed the need for more fiscal stimulus, telling lawmakers on Thursday that it could make the difference between continued recovery and a much slower economic slog. Another rescue package appears unlikely before the Nov. 3 presidential election.

Orders for

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Nike (NKE) reports fiscal Q1 2021 earnings and revenue beat

Nike shares soared 13% in extended trading Tuesday as the company reported an 82% increase in online sales and offered up an outlook that calls for demand to grow through the holidays.

The company has used the coronavirus pandemic as an opportunity to accelerate its digital business, and its women’s apparel division grew nearly 200%. As parents stocked up on back-to-school items, and its business picked back up in key markets like China, Nike said its Jordan brand is looking “stronger than ever.”

The company also offered a fresh outlook for fiscal 2021, expecting sales to be up high single digits to low double digits from a year earlier. The outlook comes at a time when many of its rivals are avoiding financial guidance. 

“We know that digital is the new normal. The consumer today is digitally grounded and simply will not revert back,” CEO John Donahoe said during an

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Rookie Justin Herbert had no idea he was making his NFL debut until moments before kickoff and nearly beat the reigning champs

  • Chargers rookie quarterback Justin Herbert found out just moments before taking the field against the Chiefs that he would be making his first NFL start.
  • The Chargers had to change plans quickly after regular starter Tyrod Taylor had to go to the hospital while dealing with chest pain.
  • Herbert impressed in his debut, throwing for 311 yards and a touchdown and rushing for another score.
  • His one rookie mistake proved costly though, as he passed up an easy first down in favor of forcing a throw across his body that was picked off by the Kansas City defense.
  • While the Chargers would lose the game in overtime, Herbert still was pretty impressive for a kid making his first NFL start on a moment’s notice.

Rookie quarterback Justin Herbert was surprised to learn just moments before kickoff that he would be making his first NFL start on Sunday against Patrick Mahomes

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