Daily Archives: August 14, 2017

Could these investment trusts help to you achieve financial independence? – AOL UK

Posted: August 14, 2017 at 12:41 pm

Investment trusts are one of the oldest investment vehicles. For more than a hundred years investors have been using these companies to pool, protect and grow their wealth.

RIT Capital Partners(LSE: RCP) is one of the most successful investment trusts there is. Chaired by Lord Rothschild, since 1988 the company has produced an annual return of 12.9% for investors, turning 1,000 into 30,000.

Since 1990, it has returned 470%, eclipsing the FTSE 100's return of 19.5% over the same period excluding dividends.

Today RIT reported its results for the first half of the year, which showed yet another strong investment performance. Net asset value per share increased to 1,784p with a total return of 4%, from 1,730p, while pre-tax profitrose to 111.1m from 89.6m.

One of the greatest benefits of investing in RIT is that the firm is able to put its money into unquoted companies, offering a level of diversification not availableto most private investors. Indeed, today the company reported that itsnet quoted equity exposure averaged 43% during the first half and management has been looking for more private market opportunities to reduce exposure to expensive public markets. To that end, RIT has invested in US-based Social Capital LP, which it called one of "Silicon Valley's leading technology investment firms".

Overall, the investment trust is directing its exposure to "investments which will benefit from the impact of new technologies, and Far Eastern markets, influenced by the growing demand from Asian consumers," according to Lord Rothschild.

Unfortuntately, becauseRIT has generated such impressive returns for investors during the past decade, shares in the trust are not cheap. At the time of writing the shares are changing hands at 1,941p, a premium of 8.8% to net asset value. After increasing its interim dividend payout by 3.2% today, RIT is on track to pay out 32p per share to investors for the full-year, giving a dividend yield of 1.6%.

Still, even though it is trading at a premium to net asset value, if the firm can continue to produce double-digit returns for investors every year, this is one company that you can rely on to increase your wealth.

Alliance Trust(LSE: ATST) might be a better choice than RIT if you're looking for a trust that's trading at a discount. It has struggled over the past few years, which has resulted in investors avoiding the firm, but a recent shake-up has put an end to the poor investment performance.

Alliance Trust reported a net asset value total return of 12.4% over the six months to June 30. This compares with a 6.4% return from the MSCI All Country World Index over the same period. The better performance, coupled with the trust's restructuring has sent its shares higher by 22% excluding dividends over the past year, and there could be further gains ahead.

Based on the most recent figures, Alliance's net asset value per share is just under 749p, 4.6% above the current price of 417p. Management has instigated a stock buyback to try and reduce this discount. The shares support a dividend yield of around 1.8%.

Investment trusts are often overlooked by investors, but they can be an excellentaddition to your portfolio.

Using different assets and asset classes to reduce risk in your portfolio is essential if you want to achieve financial independence. If this is your goal, I recommend you check outthis brand new free report titled The Foolish Guide To Financial Independence, which is packed full of wealth-creating tips.

The report is entirely free and available for download today

Click here to download the report. What have you got to lose?

Rupert Hargreaves has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned 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.

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Could these investment trusts help to you achieve financial independence? - AOL UK

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No Need to Go Alone: 5 Considerations for Choosing a Financial Adviser – Kiplinger Personal Finance

Posted: at 12:41 pm

Some tasks are appropriate for do-it-yourselfers, but investing and planning for retirement may not be one of them.

We all know we need to save and invest in order to build a nest egg for retirement, but according to the Certified Financial Planner (CFP) Board, only 40% of Americans work with a CFP to achieve their financial goals.

That means 60% of American workers are going it alone to plan their financial futures. Why? As a Certified Financial Planner who has owned a financial planning practice for 35 years, I can only conclude that unless 60% of American workers become disciplined, lifelong learners and investors when it comes to making, growing and preserving more of their money, they may find themselves at risk of running out of money as they age.

Building wealth that will last a lifetime may sound like a daunting task, but if you begin with a financial plan in your 20s, time is on your side and you can write off the ups and down in the economy.

For those of us in our 30s and above, there is still that magical, wealth-building formula of Savings + Investing + Time + Good Financial Decisions = Confidence in your Investments and Financial Independence.

So how do you begin to make good financial decisions? By connecting with an expert and committing to learn and follow the plan you create together. Still, some people may be puzzled about the value of working with a Certified Financial Planner. After all, what can a financial adviser do that the average American cant do on his or her own?

Plenty. Here are my top five basics to consider when working with a financial adviser:

Do you want to build a million-dollar portfolio? Own a beach house? Travel the world when you retire? Or just enjoy retirement and not be a financial burden for your children as you age?

We all have dreams about how we can live our best lives. But many of us get so bogged down in working day to day that we ignore the opportunities we have to save, grow our money and lower our tax burdens. Wishing is not a plan. But sitting down with an experienced, ethical financial adviser, articulating your goals, then following through and taking action IS a plan.

Not all financial advisers are created equal, and newspaper headlines periodically point up financial scams where unethical financial advisers abscond with investors money.

An ethical financial adviser acts your behalf to invest your portfolio in financial products that will grow or produce income for you. Savvy clients understand their investments and calculate net returns against adviser fees and commissions. If you dont understand an investment, or feel coerced to invest in something youre uncomfortable with, ask your financial adviser for an investment you do understand. Or shop around for an adviser who communicates better with you.

If you own a business and plan to retire in 10 years, your financial plan will differ from someone with a spouse with a chronic disease who needs expensive medications, or someone with a special needs child. Life insurance needs differ for a single Millennial in a high tax bracket vs. two teachers with five young children. A good financial plan takes your unique situation into consideration and optimizes your opportunities to grow and preserve wealth, as well as protect your home, family and business.

Some people grow up in middle-class, conservative households where children receive a weekly allowance and distribute money into three piggy banks: one for college, one for church and one for spending. Some grow up in households where spending is emotional, scarce or nonexistent.

We all behave differently and have varying risk tolerances when it comes to saving and investing. And investors have to realize that all investments are subject to market and other risk factors, which could result in loss of principal. But your risk tolerance largely depends on your personality, life experience and investment knowledge.

A good financial adviser wont generalize about you and your investment preferences. A good financial adviser will listen actively to your needs, assess your comfort level and take the time to guide you into investments consistent with your knowledge, experience and goals.

We read periodically of spikes or drops in specific stocks or industries when algorithms decide when to buy or sell an investment, but that kind of volatility and uncertainty can be dangerousand stressful-- for those of us who work hard every day and save one dollar at a time. A human financial adviser can guide you into a balanced portfolio that includes stocks, bonds, insurance, and stable, long-term investments.

Despite the ease of using a robo-adviser, robo-advisers do not provide counsel on issues such as estate planning, retirement or money management. A living, breathing and accountable financial adviser you know, meet with quarterly or annually and can trust is a prudent choice.

Talking with a Certified Financial Planner (CFP) who acts as a fiduciary can help you articulate your dreams and evolve them into a plan. The CFP is the national certification for the recognized standard of excellence for competent and ethical personal financial planning. If you want to learn how navigate the financial world and learn how to save, invest, select the right insurance products and reduce your taxes, a visit with a CFP can be the right place to begin.

Thomas P. Keller is a partner at Kehoe Financial Advisors in Cincinnati. Tom joined the firm in 1999 and became partner in 2003. A graduate of the University of Cincinnati, Tom is a Registered Representative and IAR with Kestra Investment Services and Kestra Advisory Services. He received his CFP designation in 2004.

Comments are suppressed in compliance with industry guidelines. Click here to learn more and read more articles from the author.

This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Almost 800 drivers caught by new boundary road speed camera in three months – LeaderLive

Posted: at 12:40 pm

Almost800drivers have been caught by an average speed camera in the three months since its installation.

Figures released to the Leader by a Freedom of Information request have revealed that since a 130,000 camera was installed on the A548 Sealand Road in April, 796 motorists have been identified as going beyond the 50mph speed limit.

The camera was installed on the busy road following a decade-long battle for increased road safety measures.

In a bid to curb the number of accidents on the stretch of road, the system operates over a four-kilometre stretch of the A548, from the existing 50mph speed limit east of Manor Road to the county boundary with Cheshire.

The scheme was the first of its kind to be installed in North Wales and was put in place in partnership by Flintshire Council and road safety organisation GoSafe.

Figures revealed to the Leader by North Wales Police identified that of the 796 drivers caught speeding, 158 have received a fixed penalty of 100 fine and three points on their licence.

A further 152 drivers have undergone a speed awareness course while 34 have been processed for court hearings.

Of the total caught, 32 were unable to be identified while 13 were discontinued.

Officers still have 407 cases yet to be processed.

Cllr Christine Jones was one of many to push for greater speed restraints on Sealand Road and was shocked by the figures released.

She said: I knew it was a lot but that's immense.

That proves that the camera was needed and that the campaign was necessary.

It shows that if you speed, you will be prosecuted and this is what needs pointing out.

The camera is there for a reason because of the tragedies we've had previously.

Studies carried out by the local authority identified the majority of the accidents have been shown to be speed related.

The system measures average speeds over the route and fixed penalty notices will be issued if vehicles are found to be exceeding the speed limit along the route.

Cllr Jones added that as a regular user of the road, she had noticed a change in behaviour from some motorists since the camera's installation.

I think people are behaving better now, she said.

You don't see people overtaking as much any more, which was a ridiculous and dangerous practise.

Imagine how many people were speeding before this, it proves our campaign was correct.

Adam Dandy, who runs Dandys Topsoil business on Sealand Road, backed the cameras installation and was disappointed to learn of so many flouting the limit.

He said: Just imagine how many people were speeding before the cameras were put up.

Hopefully those caught since, will slow down on the road in future, making it safer and safer as time goes by.

I am more convinced, now than ever, that these cameras will save numerous families from going through the grief and pain of losing a loved one in the future.

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Almost 800 drivers caught by new boundary road speed camera in three months - LeaderLive

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Chile harvest begins in Hatch – El Paso Inc.

Posted: at 12:38 pm

Farmers in the Mesilla Valley have started the annual chile harvest, and soon the sweet smell of roasted chiles will drift from Hatch, New Mexico, to El Paso and beyond.

You cant grow the same chiles in California, said Anita Rodriguez, a third-generation New Mexico farmer. You cant grow the same flavor because our climate is different, our land is different, the soil is different.

Demand for New Mexico chile stems from national interest in Hatch. The small town 40 miles north of Las Cruces has developed a reputation for producing some of the nations best chiles.

Some orders are small and some huge. This year, Austin-based restaurant chain Chuys plans to buy more than 3 million pounds of Hatch green chile. The chain opened its first El Paso location two years ago.

The green chile has amazing flavor. We are hearing good things from customers all over, said Chuys spokesperson Hilary Delling.

New Mexican chile production is not what it once was. In 1992, an estimated 34,500 acres of green chile was harvested in New Mexico. Farmers harvested 8,700 acres in 2016, according to the United States Department of Agriculture in New Mexico.

The decline in New Mexican chile production has been attributed to growing competition from outside industry and shortages in labor and water.

This year, farmers hope to match or slightly exceed last years crop. Heavy rain showers in late June and early July lifted hopes. More acres were planted this year to meet higher demands, according to the New Mexico Agriculture Department.

Chuys, a publicly traded company, has taken New Mexico chile season and the Hatch name nationwide, distributing chilies to its more than 80 restaurants throughout the United States, as far Washington D.C.

While they might not produce millions of pounds of chile, smaller farms in Las Cruces will supply the El Paso area as well.

Anita Rodriguez grows green chile on little more than an acre of her familys small farm in Las Cruces to supply El Paso markets and restaurants. Rodriguez has followed in the footsteps of her grandfather, who was a full-time farmer, and her father, who farmed as a hobby. She calls her farm Utopia.

After graduating from New Mexico State University in 1996, Rodriguez moved to Mexico City with $500 in cash and three credit cards to survive.

With a little help, Rodriguez found a job at the American School Foundation, where the children of diplomats and large businesses owners went to school. She taught middle-schoolers about where food comes from and how to prepare food.

When she moved to El Paso in 2016, Rodriguez began talking to her family about growing organic crops. She said it took some time to convince her dad.

During a short walk through the farm, she showed El Paso Inc. the farms organically grown chile, parsley, chives, basil, watermelon, cantaloupes, and tomatoes.

While major farms use large vehicles and tools to collect and sort chile crops, Rodriguez uses a bucket and her hands.

My interest in agriculture all began with planting those first chile seeds in the field with my dad, she said.

Rodriguez said green chiles are picked when they are firm and stored until they are sold. The picked chiles are transported to Shahid Mustafa, the chair of a co-op of about eight farms called Sol y Tierra.

Mustafa said the co-op is made up of small farms from all over the region. The farms are located from Chaparral, New Mexico, to Socorro, Texas. The co-op provides farmers markets and restaurants with organically grown produce.

The market in El Paso has, in terms of restaurants, shown more interest, he said. In Las Cruces, the biggest customer for Sol y Tierra has been public schools.

Last week, Rodriguez was tasked with supplying True Food, a local buying club, with 60 pounds of green chile and another 60 pounds to two different farmers markets.

She is not concerned. Rodriguez said she can pick 84 pounds of chile in less than an hour.

Email El Paso Inc. reporter Aaron Montes at amontes@elpasoinc.com or call (915) 534-4422, ext. 105. Twitter: @aaronmontes91

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Life in fossil-fuel-free utopia – Canada Free Press

Posted: at 12:38 pm

Life without oil, natural gas and coal would most likely be nasty, brutish and short

Al Gores new movie, a New York Times article on the final Obama Era manmade climate disaster report, and a piece saying wrathful people twelve years from now will hang hundreds of climate deniers are a tiny sample of Climate Hysteria and Anti-Trump Resistance rising to a crescendo. If we dont end our evil fossil-fuel-burning lifestyles and go 100% renewable Right Now, we are doomed, they rail.

Maybe its our educational system, our cargo cults easy access to food and technology far from farms, mines and factories, or the end-of-days propaganda constantly pounded into our heads. Whatever the reason, far too many people have a pitiful grasp of reality: natural climate fluctuations throughout Earth history; the intricate, often fragile sources of things we take for granted; and what life would really be like in the utopian fossil-fuel-free future they dream of. Lets take a short journey into that idyllic realm.

Suppose we generate just the 25 billion megawatt-hours of todays total global electricity consumption using wind turbines. (Thats not total energy consumption, and it doesnt include what wed need to charge a billion electric vehicles.) Wed need more than 830 million gigantic 3-megawatt turbines!

Spacing them at just 15 acres per turbine would require 12.5 billion acres! Thats twice the land area of North America! All those whirling blades would virtually exterminate raptors, other birds and bats. Rodent and insect populations would soar. Add in transmission lines, solar panels and biofuel plantations to meet the rest of the worlds energy demands and the mostly illegal tree cutting for firewood to heat poor families homes and huge swaths of our remaining forest and grassland habitats would disappear.

The renewable future assumes these eco-friendly alternatives would provide reliable, affordable energy 24/7/365, even during windless, sunless weeks and cold, dry growing seasons. They never will, of course. That means we will have electricity and fuels when nature cooperates, instead of when we need it.

With backup power plants gone, constantly on-and-off electricity will make it impossible to operate assembly lines, use the internet, do an MRI or surgery, enjoy favorite TV shows or even cook dinner. Refrigerators and freezers would conk out for hours or days at a time. Medicines and foods would spoil.

Petrochemical feed stocks would be gone so we wouldnt have paints, plastics, synthetic fibers or pharmaceuticals, except what can be obtained at great expense from weather-dependent biodiesel. Kiss your cotton-polyester-lycra leggings and yoga pants good-bye.

But of course all that is really not likely to happen. It would actually be far worse.

First of all, there wouldnt even be any wind turbines or solar panels. Without fossil fuels or far more nuclear and hydroelectric plants, which rabid environmentalists also despise we couldnt mine the needed ores, process and smelt them, build and operate foundries, factories, refineries or cement kilns, manufacture and assemble turbines and panels. We couldnt even make machinery to put in factories.

Wind turbines, solar panels and solar thermal installations cannot produce consistently high enough heat to smelt ores and forge metals. They cannot generate power on a reliable enough basis to operate facilities that make modern technologies possible. They cannot provide the power required to manufacture turbines, panels, batteries or transmission lines much less power civilization.

My grandmother used to tell me, The only good thing about the good old days is that theyre gone. Well, theyd be back, as the USA is de-carbonized, de-industrialized and de-developed.

Ponder America and Europe before coal fueled the modern industrial age. Recall what were we able to do back then, what lives were like, how long people lived. Visit Colonial Williamsburg and Claude Moore Colonial Farm in Virginia, or similar places in your state. Explore rural Africa and India.

Imagine living that way, every day: pulling water from wells, working the fields with your hoe and ox-pulled plow, spinning cotton thread and weaving on looms, relying on whatever metal tools your local blacksmith shop can produce. When the sun goes down, your lives will largely shut down.

Think back to amazing construction projects of ancient Egypt, Greece or Rome or even 18th Century London, Paris, New York. Ponder how they were built, how many people it took, how they obtained and moved the raw materials. Imagine being part of those wondrous enterprises, from sunup to sundown.

The good news is that there will be millions of new jobs. The bad news is that theyd involve mostly backbreaking labor with picks and shovels, for a buck an hour. Low-skill, low-productivity jobs just dont pay all that well. Maybe to create even more jobs, the government will issue spoons, instead of shovels.

That will be your life, not reading, watching TV and YouTube or playing video games. Heck, there wont even be any televisions or cell phones. Drugs and alcohol will be much harder to come by, too. (No more opioids crisis.) Water wheels and wind mills will be back in fashion. All-natural power, not all the time.

More good news: Polluting, gas-guzzling, climate-changing cars and light trucks will be a thing of the past. Instead, youll have horses, oxen, donkeys, buggies and wagons again grow millions of acres of hay to feed them and have to dispose of millions or billions of tons of manure and urine every year.

Therell be no paved streets unless armies of low-skill workers pound rocks into gravel, mine and grind limestone, shale, bauxite and sand for cement, and make charcoal for lime kilns. Homes will revert to what can be built with pre-industrial technologies, with no central heat and definitely no AC.

Ah, but you folks promoting the idyllic renewable energy future will still be the ruling elites. Youll get to live better than the rest of us, enjoy lives of reading and leisure, telling us commoners how we must live. Dont bet on it. Dont even bet on having the stamina to read after a long day with your shovel or spoon.

As society and especially big urban areas collapse into chaos, it will be survival of the fittest. And that group likely wont include too many Handgun Control and Gun Free Zone devotees.

But at least your climate will be stable and serene or so you suppose. You wont have any more extreme weather events. Sea levels will stay right where they are today: 400 feet higher than when a warming planet melted the last mile-thick glaciers that covered half the Northern Hemisphere 12,000 years ago.

At least it will be stable and serene until those solar, cosmic ray, ocean currents and other pesky, powerful natural forces decide to mess around with Planet Earth again.

Of course, many countries wont be as stupid as the self-righteous utopian nations. They will still use fossil fuels, plus nuclear and hydroelectric, and watch while you roll backward toward the good old days. Those that dont swoop in to conquer and plunder may even send us food, clothing and monetary aid (most of which will end up with ruling elites and their families, friends, cronies and private armies).

So how about this as a better option?

Stop obsessing over dangerous manmade climate change. Focus on what really threatens our planet and its people: North Korea, Iran, Islamist terrorism and rampant poverty, disease, malnutrition and early death among the billions who still do not have access to electricity and the living standards it brings.

Worry less about manmade climate cataclysms and more about cataclysms caused by policies promoted in the name of controlling Earths climate.

Dont force-feed us with todays substandard, subsidized, pseudo-sustainable, pseudo-renewable energy systems. When better, more efficient, more practical energy technologies are developed, they will replace fossil fuels. Until then, we would be crazy to go down the primrose path to renewable energy utopia.

Paul Driessen is a senior fellow with the Committee For A Constructive Tomorrow and Center for the Defense of Free Enterprise, nonprofit public policy institutes that focus on energy, the environment, economic development and international affairs. Paul Driessen is author of Eco-Imperialism: Green power, Black death

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What to Read This Month: Katy Tur’s Unbelievable, Claire Messud’s The Burning Girl, and More – Vanity Fair

Posted: at 12:38 pm

Photograph by Tim Hout.

With her fifth novel, The Burning Girl (Norton), Claire Messud forgoes clever satire for elegant sympathy. Slim but impactful, her narrative follows the diverging paths of a pair of teenage girls in a small town, torn apart by men, drugs, and, most polarizing of all, fantasy. If you have to imagine, asks the troubled Cassie, why imagine something bad? The Burning Girl asks how well we can ever know our closest confidants and answers its own question with every refined page.

V.F. writer Tom Sanctons juicy The Bettencourt Affair (Dutton) is the very picture of un grand scandale about the worlds richest woman. First novels as rich and enchanting as Augustus Roses The Readymade Thief (Viking) dont come around too often, and when they do, they rarely combine secret societies, teenage runaways, and Marcel Duchamp. Acclaimed novelist Kamila Shamsies Home Fire (Riverhead) is a blaze of identity, family, nationalism, and Sophocles Antigone. V.F. contributing editor Kurt Andersens erudite Fantasyland (Random House) is a study of magical thinking and mania throughout American history. Meanwhile, fantasy becomes reality in NBC reporter Katy Turs Trump-trailing Unbelievable (Dey Street).

Back in a flash: Sam Stephenson takes a wide-angle view of a celebrated photo-essayist in Gene Smiths Sink (Farrar, Straus and Giroux). Only connect with Bill Goldstein as he peers through a literary lens at The World Broke in Two (Henry Holt). And whats black and white and flashy all over? Famed photographer Jean-Pierre Laffonts New York City Up and Down (Glitterati).

Its all cafeteria trays and dormitory IDs until it isnt. Vanity Fairs Schools for Scandal (Simon & Schuster), edited by Graydon Carter, offers not just an inside peek but a multifaceted examination of the dramas that unfold on Americas most elite campuses. From the unraveling of allegations at big-name institutions (Duke University, University of Virginia) to art thefts at Transylvania University, Schools for Scandal presents a syllabuss worth of riveting journalism. As V.F. editor-at-large Cullen Murphy writes in the books introduction, schools are a point of intersection for just about every social phenomenon on the planet; come for the Trump University filleting, stay for John Kerry playing boodleball, a violent soccer-hockey hybrid, in Yales Skull and Bones Tomb.

George Giustis Kromekote: Salesmaker for the World of Music, from The Moderns: Midcentury American Graphic Design (Abrams), by Steven Heller and Greg DOnofrio.

Photographs from the George Giusti Collection/Cary Graphic Arts Collection/Rochester Institute Of Technology/permission of Robert Giusti (Kromekote).

Judith Newman reveals the tender side of tech in To Siri with Love (Harper). Literary biographer James Atlas is a writers writers writer in The Shadow in the Garden (Pantheon). Salman Rushdie signs a magical lease on The Golden House (Random House). Yve-Alain Bois and Ben Easthams Ed Ruscha (Rizzoli) puts us in a typographical trance. Jonathan Dees The Locals (Random House) shrinks class warfare down to size. Kristen Iskandrian explores maternal bonds in Motherest (Twelve). Adorn your life with all things Alice Temperley (Rizzoli). Mumble a prayer for Stephen Colbert in Stephen Colberts Midnight Confessions (Simon & Schuster). Absorb Danielle Allens account of an abbreviated life, just Cuz (Liveright). Gabriel Tallents My Absolute Darling (Riverhead) captures a compelling young heroine. Three eccentric socialites buttress Judith Mackrells The Unfinished Palazzo (Thames & Hudson). The Red-Haired Woman (Knopf) takes us outside Istanbul and inside the mind of Orhan Pamuk. Culinary icon Alice Waters goes farm-to-bookshelf with Coming to My Senses (Clarkson Potter). Its racial Utopia for two but not forever in Danzy Sennas New People (Riverhead). Heather Harpham finds Happiness (Henry Holt) when her life is rocked. Emily Culliton dazzles in The Misfortune of Marion Palm (Knopf). William Taubman leaves his mark on Gorbachev (Norton). Mike Perry manufactures a hipster maze in The Broad City Coloring Book (Laurence King). Russell Westbrook (Rizzoli) dares us not to sweat his style. Daniel Handler deftly details All the Dirty Parts (Bloomsbury). Loudon Wainwright IIIs Liner Notes (Blue Rider) delves into death, decay, and other delights.

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What to Read This Month: Katy Tur's Unbelievable, Claire Messud's The Burning Girl, and More - Vanity Fair

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Coach and student both off to compete in Oceania figure skating finals – Stuff.co.nz

Posted: at 12:37 pm

DAVID BURROUGHS

Last updated13:50, August 14 2017

ANDY JACKSON/STUFF

Figure skating student Niamh Quinn, 15, and her coach Michelle O'Doherty are both off to represent New Zealand at the Oceania champs in Brisbane next month.

A coach and student will be cheering each other on from the rinkside when they both compete in the Oceania figure skating champs in September.

New Plymouth student Niamh Quinn, 15, and her coach Michelle O'Doherty, 35, are both headed to Brisbane next month to represent New Zealand in the sport.

It will be first time Quinn has competed in the international competition but O'Doherty competed there when she was 16.

ANDY JACKSON/STUFF

Quinn began skating six years ago when she stopped taking dance classes.

She then put her competing on hold while she had children, before making a comebackandwinning silver last year.

READ MORE: *New Plymouth skating rink suffers major flood damage days before a big tournament *Artistic roller skate national championships bring in New Zealand's best skaters *Nelson's artistic skaters share in the spoils at Southern Area champs *Taranaki skaters ready to take on New Zealand's best

O'Dohertyonlygot back into the sport when she saw Quinn in a learn-to-skate class six years ago and realised her potential, and decided to coach her.

ANDY JACKSON/STUFF

Quinn won third in the cadet solo dancer category at the New Zealand nationals while O'Doherty won gold in the advanced masters division.

"I actually spotted Niamh skating because I used to do roller derby, so I spotted Niamh and asked her who was coaching her and then that year we won the national title for her grade," O'Doherty said.

"I had four months to get her ready for nationals."

Quinnand O'Doherty both competed at the New Zealand nationals in July, with Quinncoming third in the cadet solo dancer category while O'Doherty won gold in the advanced masters division.

Unlike some of the other categories, Quinnsaid her dance was fairly structured.

"You get given a pattern and music and then if you don't follow the pattern or if you're out of time to the music then you get, like, points down and then there's all the technical things," she said.

She said it was hard to explain why she loved the sport so much.

"Sometimes I wake up and I'm like I don't want to do that I'd rather do another thing.

"But then when I can't skate, I get really...I don't know, I get really sad when I can't skate."

Quinn's mumMerrynQuinnsaid her daughterhad been taking dance lessons but stopped when the student nurse who was taking them had to move on.

After seeing an advertisement in the school notices for skating lessons, she took her along to try it out and said her daughter has never looked back.

"It's a sport, hard work and training and all those things, but it also involved performance and dance and creativity and then for the girls, make-up and the costumes,"she said.

"It is quite a hard sport because you train all year and then you go off to nationals and you have two to three minutes on the floor to do your thing."

-Stuff

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Oceania the perfect suite for coastal living – The West Australian

Posted: at 12:37 pm

Living up to its namesake, The Oceania display is all about seaside living, with its free-flowing layout and coastal influences.

Open, light-filled spaces set the scene and bring the outdoors in, with the central alfresco a real talking point.

Express Two Storey Living is the company behind the latest four-bedroom, two-bathroom display, choosing the Ocean Road estate in Coogee to showcase the homes many offerings.

The seaside location works to display the homes suitability for a location with views, according to Express Two Storey Living General Manager Piran Holloway.

The living areas interact well with the surroundings, while the northern light creates a warm open-plan living area, he said. The area is elevated above parkland and provides both privacy and magnificent views of the green trees.

There are also 180-degree views from the upper and lower-floor living areas.

The contemporary home is great for entertaining all season round, with a central alfresco that gives it a unique edge.

The kitchen is perfectly positioned at the centre of the home with massive stone benchtops and storage, Mr Holloway said. It faces the side alfresco, which overlooks the parkland views to the north.

Its an amazing place on a sunny winters day, as its teeming with northern sunlight.

The home packs plenty into its narrow-lot design, suiting a 12.5m lot width.

Yet its well equipped for families, with an impressive 292.87sqm of living space thanks to the two-storey floor plan, while its rear-loader design makes space for a double garage.

Its a great rear-garage design that maximises a small lot, Mr Holloway said.

The separation between the master retreat and the remaining bedrooms ensures the home is suited to families, with a whole floor separating the two areas.

The master bedroom is tucked away at the front of the home on the ground floor, with a luxurious sweep of features including spacious sleeping quarters and a walk-through robe that leads to the ensuite.

A front media room sits adjacent to the master bedroom, which could easily be used as a parents retreat.

Meanwhile, the upstairs bedrooms feature spacious interiors, with two of the bedrooms offering built-in robes and the other a walk-in robe.

The home is ideal for families with older children, Mr Holloway said.

The upstairs is completed by a central activity area for the kids to enjoy, which provides them with privacy away from the central living areas downstairs.

The activity area also has a front and side balcony for ocean views, Mr Holloway said.

The exterior matches the same level of luxury that is on display inside, with superb craftsmanship and design to create an eye-catching facade.

The stars of the front facade are the balconies and the feature stone work, Mr Holloway said.

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Oceania the perfect suite for coastal living - The West Australian

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Who Really Owns Oceania Healthcare Limited (NZSE:OCA)? – Simply Wall St

Posted: at 12:37 pm

I am going to take a deep dive into Oceania Healthcare Limiteds (NZSE:OCA) most recent ownership structure, not a frequent subject of discussion among individual investors. When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. Differences in ownership structure of companies can have a profound effect on how managements incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices. Although this is an important factor for long-term investors, many investors can also be impacted by institutional presence and their high-volume trading. Therefore, it is beneficial for us to examine OCAs ownership structure in more detail.

See our latest analysis for OCA

NZSE:OCA Ownership_summary Aug 14th 17

Institutional investors typically buy and sell shares in large magnitudes which can significantly sway the share price, especially when there are relatively small amounts of shares available on the market to trade. A low institutional ownership of 5.57% puts OCA on a list of companies that are not likely exposed to spikes in volatility resulting from institutional trading.

Another important group of shareholders are company insiders. Insider ownership has to do more with how the company is managed and less to do with the direct impact of the magnitude of shares trading on the market. Although individuals in OCA hold only a 1.63% stake, its a good sign for shareholders as the companys executives and directors have their incentives directly linked to the companys performance. It would also be interesting to check what insiders have been doing with their shareholding recently. Insider buying can be a positive indicator of future performance, but a selling decision can be simply driven by personal financial requirements.

NZSE:OCA Insider_trading Aug 14th 17

The general public holds a substantial 35.59% stake in OCA, making it a highly popular stock among retail investors. This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. Such level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. This is a positive sign for an investor who wants to be involved in key decision-making of the company.

Another important group of owners for potential investors in OCA are private companies that hold a stake of 57.22% in OCA. These are companies that are mainly invested due to their strategic interests or are incentivized by reaping capital gains on investments their shareholdings. This kind of ownership, if predominantly strategic, can give these companies a significant power to affect OCAs business strategy. Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.

With a low level of institutional ownership, investors in OCA need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices. Institutional ownership level and composition in OCA is not high nor active enough to significantly impact its investment thesis. However, other important factors we must never forget to assess are the fundamentals. I recommend you take a look at our latest free analysis report on Oceania Healthcare to see OCAs fundamentals and whether it could be considered an undervalued opportunity.

PS. If you are not interested in Oceania Healthcare anymore, you can use our free platform to see my list of over 50 other stocks with a high growth potential.

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Who Really Owns Oceania Healthcare Limited (NZSE:OCA)? - Simply Wall St

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Ba battles for an Oceania Champions League spot – Fiji Times Online – Fiji Times

Posted: at 12:37 pm

BA remains in contention for a position in the 2018 Oceania Champions League after beating Dreketi 3-0 in their Vodafone Premier League match at Govind Park, Ba yesterday.

Samuela Nabenia struck twice for the home team in the first spell while nippy Meli Codro got the third in the second half.

Ba team manager Arvind Singh said they needed a win in the next match to join Lautoka in the OCL.

Singh said they could have won by a higher margin against Dreketi.

"The boys missed several goal scoring chances," he said.

"It is tough to play two 90 minute games in 24 hours. Some of the players were fatigued at the end.

"We have matches remaining against Labasa and Lautoka and hope to finish strongly"

In another match yesterday, Rewa downed Nadi 3-2.

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Ba battles for an Oceania Champions League spot - Fiji Times Online - Fiji Times

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