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Aiming for a £1 million pension? I’d buy cheap FTSE dividend shares for a rich retirement

first_img tezcang has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Britvic, GlaxoSmithKline, and Unilever. The Motley Fool UK has recommended Moneysupermarket.com, Pennon Group, and Tesco. 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. Tezcan Gecgil, PhD | Saturday, 16th May, 2020 Image source: Getty Images Enter Your Email Address Aiming for a £1 million pension? I’d buy cheap FTSE dividend shares for a rich retirement See all posts by Tezcan Gecgil, PhD Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Sharescenter_img “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. 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. For most Britons, the idea of retiring with a personal investment portfolio worth £1m might seem like an unrealisable dream, but I believe it is actually quite possible. The key is to own robust dividend shares and use the distributions to buy more stocks. This strategy kicks off a powerful compounding process that can turn relatively modest initial investments into a significant retirement fund. Let’s see how.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…Why I’d buy dividend stocks regularlyResearch shows that investors who purchase dividend-growth stocks and reinvest the dividends to buy more shares are likely to see considerable growth in their savings.The City tends to regard companies that pay dividends as more stable than those that do not. Over the long term, their share prices tend to be less choppy too.And seasoned investors realise that the recent market sell-off provides an attractive opportunity for buying dividend shares, especially in retirement portfolios. On 7 May, the Bank of England (BoE) decided to keep the main interest rate unchanged at 0.1%. The BoE website details the progressive decline of interest rates over several decades. As you can see, 0.1% is a record low.My Motley Fool colleagues regularly cover FTSE shares and funds that you could consider adding to a diversified retirement portfolio. They point out that the despite various downturns and even crashes, over the long run, stock markets in the UK return about 6% to 8% annually, on average.It all adds upLet’s assume that you are now 25 years old with £5,000 in savings and that you plan to retire at age 65.You decide to invest that £5,000 in a fund now and make an additional £6,000 of contributions annually at the start of the year. You have 40 years to invest. The annual return is 6%, compounded once a year. At the end of 40 years, the total amount saved becomes £1,035,715.Saving £4,000 a year would mean being able to put aside around £500 a month or about £16 a day. It may be time to avoid that impulse purchase.Making the right investment decisions in stock markets is not necessarily about constantly picking winning shares and funds. Rather it’s about having a long-term strategy. FTSE stocksUntil the recent market uncertainty, many FTSE 100 and FTSE 250 shares paid juicy and stable dividends. Over the years, they have helped buy-and-hold investors become quite wealthy. However, in recent weeks scores of company boards have felt the need to suspend dividends in order to preserve cash for the rest of the year.Nonetheless, there are still many robust businesses that are continuing to pay dividends. If you’re looking to add new holdings to your portfolio, I’d start my research with their stocks.In the FTSE 100, I believe AstraZeneca, BAE Systems, GlaxoSmithKline, National Grid, Pennon Group, Tesco and Unilever could be solid picks for a personal pension portfolio.If the FTSE 250 is on your radar screen, then you may want to take a look at the fundamentals for Avast, Britvic, Centamin, Moneysupermarket, and Tate & Lyle as potential long-term investments.A diversified portfolio is always recommended. After all there is no guarantee that any one stock will generate high returns in the future.However, the strategy of owning top dividend stocks is a proven one. And the London Stock Exchange (LSE) is home to many companies than have made long-term investors wealthy. 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.last_img read more

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Weekend Picks South: Hike Hawksbill Mountain in the Linville Gorge Wilderness

first_imgWarmer weather is coming to WNC this week and if the forecasts hold true it should continue into the weekend. Even the notoriously sketchy weather in the Linville Gorge looks like it might cooperate. The Gorge is arguably one of the most stunning landscapes in all of Western North Carolina. If you’ve never been, use the summit of Hawksbill as an intro to all the gorge has to offer. The unique summit can be seen throughout much of the North Carolina High Country, and the route to the top is relatively easy compared to some of the other hikes in the area. Click here for driving directions.[divider]More from BlueRidgeOutdoors.com[/divider]last_img read more

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Lakers’ Byron Scott preaches patience with D’Angelo Russell

first_img Newsroom GuidelinesNews TipsContact UsReport an Error EL SEGUNDO >> Two games into his rookie season, D’Angelo Russell’s play has become as much a topic of discussion as the Lakers’ struggles as a team. Russell, the No. 2 pick in last summer’s draft, has as many assists (four) as turnovers. But after scoring 13 points and only turning the ball over once Friday night against Sacramento, Lakers coach Byron Scott said Russell showed fewer nerves and more improvement, especially in his decision-making.“He’s 19 years old and played in two professional games. It’s going to take a while to understand what this league is all about,” Scott said.• Related: NBA season in LA off to great start, except the Lakers “It might be some hard lessons, but they’re going to learn,”Fatigue a factorAfter watching the tape of Friday night’s loss to Sacramento, Scott found an unusual culprit adding to his team’s defensive struggles. Fatigue.It’s a bit unusual to hear this early in the regular season and something Scott said he hadn’t noticed in years past coaching. But upon review and talking with the team, tired legs may have been a factor in the team falling behind by as many as 31 points.“What I did see was guys making the effort, but they just looked fatigued,” Scott said.Scott mentioned that several Sacramento players said they were tired in their season-opening loss to the Clippers but were able to bounce back against the Lakers, scoring 33 fast-break points and 80 points in the paint.Scott is hoping for a similar performance against Dallas on Sunday, but he said he would look into making adjustments to keep his team fresh, such as shortening practice or walkthroughs.“A lot of it depends on them as well,” Scott said. “With young guys, you need repetition more than anything, so it’s a catch-22.”D-Fenders add Upshaw, Frazier to training camp rosterThe team announced late Saturday that both Robert Upshaw and Michael Frazier made the D-Fenders training camp roster.Both players were invited to the Lakers training camp but were waived on October 20 after appearing in four preseason games.The D-Fenders will open training camp on Wednesday.center_img Kobe Bryant said Friday night that Russell’s struggles reminded him of his own rookie year as an 18-year-old mostly coming off the bench in limited minutes. While Scott, who played alongside Bryant that year, said Bryant being a reserve was different than Russell being a starter and the primary ballhandler, he did see similarities, mainly with age and expectations.“It’s very rare for a guy at 18 or 19 to come in and light it up,” Scott said.Russell is not the only young player going through struggles. Julius Randle followed his double-double in the season opener with a quieter outing Friday as he battled foul trouble. It reminded Scott of his own difficulties as a rookie, when he realized “this was a different game than college.” While Scott empathized with his team’s growing pains and preached patience, he also said his players must continue to work and come together.“Offensively, we have to do better trusting each other and moving the ball,” Scott said. “You have three guys on the starting team right now that have been thrown into the fire and they’re going to learn. last_img read more

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Half-time: Brentford 0 Ipswich Town 3

first_imgDaryl Murphy scored twice as Brentford were left facing an uphill battle at a sold-out Griffin Park.Murphy put second-placed Ipswich in command and their third goal, scored by Paul Anderson, left them firmly on course for victory.Murphy opened the scoring inside the first 30 seconds by firing into the bottom corner.Jay Tabb and Murphy missed good chances to make it 2-0 before the latter eventually did so.Former Brentford man Tabb, who made more than 150 appearances for the Bees, fired over after being set up by Tommy Smith.Murphy’s unconvincing effort was then saved by David Button, but the goalkeeper was unable to rescue the hosts – who started the day in third place – on 21 minutes.Jonathan Parr played the ball forward and Murphy got the better of Tony Craig before rounding Button and applying a simple finish.And worse followed for Brentford when Tabb crossed for Anderson to score on the half-hour mark.David McGoldrick missed a golden chance to make it four before the Bees at last threatened when Andre Gray went close from Alex Pritchard’s cross. Brentford : Button: Odubajo, Dean, Craig, Bidwell; Diagouraga, Douglas; Jota, Pritchard, Judge; Gray. Subs: Bonham, Tarkowski, Saunders, Dallas, Toral, Smith, Proschwitz. Follow West London Sport on TwitterFind us on Facebooklast_img read more

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Gugulethu winemaker toasts success

first_img17 July 2015Even though she once despised wine because her brother would get drunk, Nondumiso Pikashe from Gugulethu has made a success of her own handcrafted wines. She thinks more people could tap into the industry.Officially started in 2006 after a first attempt failed in 2004, Ses’fikile wines is 100% owned and controlled by women and the wines are handcrafted by a team of female winemakers in Worcester, reports GroundUp, the community news organisation.“The idea was to break into the wine market. an industry that is male dominated. Together with friends in 2004, we turned the idea into reality, but because of certain obstacles and politics between us as friends, the business failed,” said 48- year-old Pikashe.After resurrecting her business, she met Gerald van der Vat, who owns a winery in Worcester. She told him about her vision for Ses’fikile, which means “we have arrived”, and he was keen to help her start up by allowing her to use his winery.“Wine was not really big in the township back in the day,” she said. “People always saw it as the favoured drink for old men who wanted to get drunk quick.“The word ‘wine’ in the townships had always been associated with cheap wine that could be bought at any tavern or shebeen. With all these stereotypes, I decided to do research, and I found a different side to wine – the good, sophisticated side.”There was now a growing interest in wine in the township, Pikashe added, but there “is a lack of faith and confidence in wines that are produced by black people. You’ll hear people saying that wines made by black people are fake or they don’t taste as good.”Pikashe also works with schools, exposing pupils to the wine industry as a career option.“A clothing consumer is different from a wine consumer. When you’re buying clothes, you check the style, the fabric and the quality. But when buying wine, you go beyond.“You want to be taken through a journey; you want to see the vineyard; you want to know the winemaker; you want to know the process – how much alcohol is in the wine, the blend. You want to know so many things. This is what makes a person appreciate wine.”Ses’fikile wines can be bought at Makro stores. Pikashe said her biggest supporters were township tavern business owners. From her travels, she has believes there is a wide market for wines in Africa.Source: News24Wirelast_img read more

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Jeremy Goyings, July 11

first_imgShare Facebook Twitter Google + LinkedIn Pinterest We had an excellent wheat year. Most fields went in the 90s. One field was as high as 115 and our lowest was 73 bushels. We felt pretty good about the whole range. We used a different herbicide for broadleaf control on the 73-bushel field. It was supposed to be safe but we feel like we hurt it and timing is important with that. And we definitely saw a difference between fields with split-applied nitrogen. We split-applied 190 acres and everything else just got one shot because the weather changed and it got cold. It was early, but it turned out that it made 10 bushels per acre and in some places 15 where we split-applied. We also went a little early on the Prosaro pass because it was supposed to rain. Then it didn’t rain and I waited until the head was fully exposed like what you really want and then applied Prosaro on the rest of the wheat. I think that later application made another 10 bushels. That 115-bushel field had split-applied N and the late pass of Prosaro. I think that made a big difference. We learned a lot with this year’s wheat crop.Straw was extremely heavy. We pulled more straw off than we ever have before. We had a little over four big bales per acre averaging over 900 pounds. Every barn we have is stuffed clear to the doors.The quality was all excellent. We had test weight as high as 62 pounds and a lot of it was in the 60s. We put out about 450 acres of double-crops. The first ones are out and you can row them now. They are going to need a drink here pretty soon. We got a tenth on Friday and they are going to need some more rain here pretty quickly.There is very little corn tasseling here. A nice rain soon would be worth millions. On half of the beans the weed control is holding up pretty nicely and half we have ragweed breaking through.last_img read more

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Meet Canada’s Newest LEED Platinum Home

first_imgDesigners of a high-performance demonstration home in rural Quebec province didn’t think it was enough to plan for low on-site energy costs, so they figured in how much extra electricity would be needed to power a plug-in vehicle to and from work 40 minutes away, and then brought the whole thing in for an estimated $2.30 in electricity per day.The Edelweiss House in Wakefield, Quebec, a picturesque town on the Gatineau River northwest of Ottawa, is also the first home in Canada to be certified under the new version of LEED for Homes with the top ranking of Platinum.It’s the work of Ecohome, a firm offering a variety of consulting services for the construction of high-performance houses.The 1,552-square-foot house, completed this August, was built for $250,000 Canadian (about $190,000 U.S. at current exchange rates), or $161 a square foot (about $122 U.S.). It includes a long list of environmentally friendly materials, and takes the smorgasborg approach to mechanical systems with not one but three interwoven options for heat.One of its most impressive calling cards may be its extremely low energy demands and operating costs. Energy modeling software predicts the house will use an average of 24.6 kilowatt hours of electricity per day, or an average over the year of $1.39 (Canadian) per day based on current electricity rates from Quebec Hydro. For a full year, heating, cooling and interior plug loads should add up to about $507 ($385 U.S.)Suppose the owners drove the 33 kilometers to Ottawa every day for work in an electric vehicle? Using the charging station at the house, that would bring total energy consumption to about $2.30 per day ($1.75 U.S.).Edelweiss House was designed and built by two founders of Ecohome, Emmanuel Cosgrove and Mike Reynolds.“It’s not that hard,” Reynolds said by telephone. “You don’t have to blow the bank to have a high-performance house. You just don’t. That’s why we did this project, to show that it could be done affordably.”The house, currently for sale, is used as a teaching venue and is available for rent via Airbnb, the web-based service that matches homeowners with travelers. Renewable energy system not neededPhotovoltaic or wind-energy systems that offset building energy demands are commonplace on high-performance homes, especially as the cost of solar modules continues to fall. But in the case of the Edelweiss project, Ecohome didn’t think they would contribute enough to offset their initial investment.“You can get so much more if you invest first in efficiency,” Reynolds said. “There are enough houses that are going net-zero energy popping on solar arrays. But we kind of wanted to bring it down to the basics and just show how little [energy] a house needs to use. Yes, we could have installed solar panels on top of it, but there’s so little consumption as it is.”Also, he added, utility power in this region comes from hydro sources in Quebec, not coal or other fossil fuel, so Ecohome “was OK” with the power source.Ecohome also decided against seeking Passivhaus certification, even though its energy consumption for heat and its level of airtightness are at or near the required levels.“Yes,” Reynolds said, “we met the Passivhaus heat requirement and had virtually the same on air change. Passivhaus is a great initiative, but the targets don’t reflect a Canadian climate on the whole, and LEED is a far more encompassing system.” Three options for heatBecause it is a demonstration house designed to showcase a variety of building systems and materials, the Edelweiss House has more features than an average buyer would want or need. Case in point is the heating system: there are actually three.First and foremost, Reynolds said, is the passive design of the house. “The primary heat source is the sun,” he said. “The majority of the heating requirement is met by the windows. Our primary heat source would be passive solar gain.”Then there is a 10-zone hydronic radiant floor distribution system paired with an electric boiler. There were a couple of reasons for including this, Reynolds said. First, Uponor donated the materials and designed the system, so it didn’t add anything to Ecohome’s out-of-pocket expenses. Second, and more important, no one wanted to risk the chance of having cold floors, even with R-32 worth of mineral wool under the slab.Finally, there’s a ductless minisplit air-to-air heat pump (donated by Mitsubishi). A single, wall-mounted evaporator/air handler is adequate for the single-story, open design of the house.The heat pump should operate at three times the efficiency of the electric boiler, he said, so it’s the first heat option when solar isn’t enough. But the hydronic radiant heat guarantees the slab will never get icy.“This is a demo house,” Reynolds said. “We’re trying stuff. The evolution of building is not over. What we’re trying to find out is where the sweet spot is, how much insulation would you have to add so your floors stayed at the ambient, comfortable temperature. Maybe there’s a point where you can drop an extra $4,000 on insulation and that saves me installing $10,000 in a radiant floor. That doesn’t cost more, it costs less. It’s a bit of a laboratory. It’s an experiment in finding the right levels of insulation.”The Mitsubishi ductless minisplit also is a boost for both domestic hot water and air conditioning. As Ecohome explains it at its website, “With a 3-to-one efficiency ratio, the heat pump feeds the AO Smith air-to-water heat pump, effectively reducing the domestic water heating consumption by two thirds. In summer, the water heater also acts as an air conditioner…”“So, we get more efficient heat in the winter, more efficient hot water in the winter, and in the summer you effectively have free air conditioning or free hot water, however you want to look at it,” Reynolds said by phone. “We never had to put the minisplit on cooling mode.” Offering another way of rating heat performanceThere’s one more component to the Edelweiss House — it’s an opportunity for Ecohome to introduce what it calls the “Passive Solar Index,” or PSI, a numerical value for how much energy it will take to heat the house. The scale ranges from 1 to 50, measured as kilowatt hours per square meter per year.Values are determined by the Passive House Planning Package (PHPP), the same modeling software that Passivhaus designers use to measure compliance with the German-based standard. Passivhaus limits heating demand to 15 kWh/sq. meter/year, but houses modeled at 16 kWh flunk — there’s no middle ground. Reynolds thinks prospective homeowners would benefit by knowing just what the heat demand will be, and the PSI is a way of supplementing a rating system such as LEED, where such factors such as proximity to public transportation and indoor air quality could be valued as much as energy use.“A [LEED] house might not be a great performer,” he said. “You just don’t know. What PSI is trying to do is attach a number to a house so you can compare one to another.”Using a HERS rating has the same potential drawbacks as relying solely on LEED certification, Reynolds said.“You could have a poorly performing house loaded with solar panels and get a great HERS rating,” he said in a followup email. “PSI, on the other hand, tells you on a scale of 0-50 how much heat you can expect to lose through the building envelope, no matter how you choose to heat it. “An explanation at the Ecohome website puts it this way:“While obtaining the Passivhaus certification requires a power consumption not exceeding the threshold of 15 kWh/m² annually, PSI considers that the Canadian climate is far more harsh than that of Germany, where Passivhaus standards originate,” the Ecohome website explains. “PSI recognizes buildings that consume 50 kWh/m² of conditioned space (or less) over a whole year, a performance value that would represent a 50% reduction in energy consumption over a single-family house built to code.”PSI allows buyers to compare one house against another without having to weigh maintenance and replacement costs of renewable energy systems that might be present, Ecohome says.To that end, the website offers a chart comparing construction costs, heating costs and mortgage costs of three houses — a house built to minimum code requirements, a “high-performance” house that uses 49 kWh/m² for heat, and an “extremely high-performance” house using 12 kWh/m² annually for heat. Heating costs for the high-performance house are $60 in this example, vs. the $210 in the house built to code and the $16 in the extremely high-performance house. But in the end, the high-performance house has the most attractive monthly cost total of mortgage and heating, 6% less than a house built to code.“The biggest message we’re after is not to look at the building code base requirement as a target to achieve, and then just resign yourself to spending tons of money every month to pump heat into your house,” Reynolds said. “Rather, invest that in insulation and the payback is immediate. People think the payback is going to be 25 years, and it’s not. The payback starts when your neighbor turns on the heat and you don’t.” Many sustainable features and materialsEcohome went to great lengths to choose finishes, materials and fixtures with low environmental impact (a complete list, including links to manufacturers, is available under the Demo House tab at the company’s website).Among them:Low-flow plumbing fixtures that help the house use about 60% less water than a conventional home.Reclaimed and recycled materials, including a Silestone Eco Line quartz countertop made with porcelain plates, bottles and mirrors; a wood ceiling made from reclaimed sunken river wood; sandblasted antique interior doors; locally sourced slate for bathroom floor and shower walls, and lightweight gypsum with high recycled content.Mineral wool insulation, including that used under the slab.LED lighting fixtures and bulbs.Interior paints and floor adhesives with zero volatile organic compounds.A vegetative roof.Exterior walls assemblies include 8 inches of semi-rigid mineral wool insulation on the outside of the sheathing, and another 5 1/2 inches of mineral wool batts in stud cavities.All of these features are packaged in a high-performance building envelope. Exterior walls of the slab-on-grade house have a total of 13 1/2 inches of mineral wool (5 1/2-inch batts followed by 8 inches of semi-rigid insulation) for a total R-value of 58. There is R-32 worth of mineral wool under the slab, and R-95 of mineral wool in the ceiling. (For more information on the installation details for this home’s sub-slab mineral wool, see Sub-Slab Mineral Wool.)Windows are triple-pane, argon-filled units made by Elite. Airtightness was tested at 0.69 air changes per hour at a pressure difference of 50 pascals. That, Ecohome notes, is nearly five times tighter than the average new home.A number of corporate sponsors contributed materials to the project. Reynolds said the total came to about $65,000. However, to keep an accurate tally of construction costs for comparison’s sake, Ecohome added the list price of donated services or products to actual costs.last_img read more

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High 5: Cavaliers mulling options with 5th pick in NBA draft

first_imgPanelo: Duterte ‘angry’ with SEA Games hosting hassles Catholic schools seek legislated pay hike, too Don’t miss out on the latest news and information. With the 5th and 26th picks in the draft, the Cavaliers can add quality talent to a young team now under the direction of new coach John Beilein. He, along with the players selected, will transition to the pro game.While Cleveland’s fans were deeply disappointed the Cavs couldn’t conjure more magic and win the lottery for the fifth time since 2003 and have a chance at Zion Williamson, Ja Morant or RJ Barrett — the consensus Big Three in the 2019 class — Beilein was satisfied.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesSPORTSSingapore latest to raise issue on SEA Games food, logisticsHe didn’t dwell on falling short. After all, he’s missed out on big recruits many times in his career.“We’re in great shape,” said the 66-year-old, exuding the same confidence that attracted him to the Cavaliers. “At 5 or 26, we’re going to get two really good players. I’ve gone down the list and I’ve played against many of those guys or I watched them play on TV or I saw them in AAU.” Duterte wants probe of SEA Games mess Private companies step in to help SEA Games hosting It’s possible that the New Orleans Pelicans, who acquired the No. 4 pick from the Lakers in the blockbuster trade for Anthony Davis, grab Culver. If so, the Cavs can’t go wrong with Hunter, who matched up against Culver in the NCAA championship and is viewed as a solid prospect.Hunter was at his best during Virginia’s title-game victory, when he shook off missing his first seven shots to finish with a career-high 27 points. Hunter has range — he made 44 percent of his 3-pointers last season — and can put the ball on the floor and attack.And then there’s Reddish, perhaps the most enigmatic of this year’s top players.The 6-foot-8 forward committed to Duke before Williamson and Barrett, then became a third wheel on Mike Krzyzewski’s uber-talented squad. Reddish averaged 13.5 points, 3.7 rebounds and 1.9 assists in 36 games, but too often deferred to his more celebrated teammates, raising questions about his attitude and passion.“My personality is kind of reserved, so people might take that as lazy or too laid back,” Reddish said at the NBA Combine in Chicago. “But that’s just not who I am. I’m naturally kind of a reserved, calm guy.”Mock drafts have had Reddish going anywhere from No. 4 to 13, but he won’t be around when the Cavaliers pick a second time. The No. 26 selection is important for a team trying to cleanse after a 19-63 season that included a coaching change after six games, numerous injuries and the surprise hiring of Beilein, who will be a rookie coach next season.Beilein knows the Cavs have a long road ahead of them, and he’s looking forward to the day when the No. 5 pick isn’t Cleveland’s.“Hopefully, the only time we’re there again is because we’ve traded and got the pick from someone else,” he said. “But we’re going to take advantage of it now.”Sports Related Videospowered by AdSparcRead Next Cayetano: Senate, Drilon to be blamed for SEA Games mess Two-day strike in Bicol fails to cripple transport LATEST STORIEScenter_img DOH drafting order to lower prices of expensive medicines PLAY LIST 02:03DOH drafting order to lower prices of expensive medicines00:50Trending Articles00:33Duterte mulling ban on plastic use02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss View comments He’s seen a few in person recently as Cleveland has conducted personal workouts and gotten to know prospective picks.Assuming Williamson, Morant and Barrett are off the board — and barring a major trade, that scenario seems a slam dunk — the Cavs will be positioned to select Texas Tech’s Jarrett Culver, Virginia forward De’Andre Hunter or Duke’s Cam Reddish, who spent last season playing in the shadow of his Blue Devil teammates Williamson and Barrett.The 6-foot-7 Culver is one of the best two-way players in this year’s draft. The Big 12′s Player of the Year as a sophomore, he averaged 18.5 points along with 6.4 rebounds and 3.7 assists. But he was equally effective on the defensive end, and that’s where the Red Raiders made their mark in marching to the national title game.Culver was on Cleveland general manager Koby Altman’s radar all last season, and Beilein got an up-close look at him in the NCAA Tournament. The 20-year-old scored 22 and Texas Tech’s defense punished Michigan 63-44 in the Sweet 16, holding the high-powered Wolverines to a season-low in points.Culver’s game has continued to mature and the Cavaliers would love to pair him with Beilein, who has built his reputation and resume over four decades developing young players.ADVERTISEMENT FILE – In this March 24, 2019, file photo, Texas Tech’s Jarrett Culver (23) shoots past Buffalo’s Nick Perkins (33) during the second half of a second round men’s college basketball game in the NCAA Tournament, in Tulsa, Okla. With the No. 5 and 26 picks in the NBA Draft, the Cleveland Cavaliers could be in position to select Texas Tech’s Jarrett Culver, Virginia forward De’Andre Hunter or Duke’s Cam Reddish. (AP Photo/Charlie Riedel)CLEVELAND — The Cavaliers barely survived a stormy season and then watched the NBA’s postseason from afar.They’ll be big players again Thursday night.ADVERTISEMENT ‘Rebel attack’ no cause for concern-PNP, AFP DA eyes importing ‘galunggong’ anew Brazil model accusing Neymar of rape speaks to police again MOST READlast_img read more

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Nirav Modi remanded until Oct 17 UK extradition trial planned for May

first_imgLondon: Fugitive diamond merchant Nirav Modi, wanted in India in connection with the nearly USD 2 billion PNB fraud and money laundering case, was on Thursday further remanded to judicial custody until October 17 by a UK court which said it was working towards his extradition trial hearing in May next year.The 48-year-old appeared via videolink before Westminster Magistrates’ Court in London from his prison for a routine “call-over” hearing. Judge David Robinson told Modi, who is fighting extradition to India, that there was nothing “substantial” to deal with and that the court was working towards a five-day extradition trial hearing for May 11-15, 2020. Also Read – Uddhav bats for ‘Sena CM’A team of officials from the Enforcement Directorate (ED) and Central Bureau of Investigation (CBI) were present in court for the brief hearing, required under UK law every 28 days pending an extradition trial. There is also likely to be a case management hearing in the case ahead of the trial in February next year. Modi has been lodged at Wandsworth prison in south-west London, one of England’s most overcrowded jails, since his arrest in March on an extradition warrant executed by Scotland Yard on charges brought by the Indian government, being represented by the UK’s Crown Prosecution Service (CPS) in court. Also Read – Farooq demands unconditional release of all detainees in J&KSince his arrest, his legal team, led by solicitor Anand Doobay and barrister Clare Montgomery, have made four bail applications, which have been rejected each time due to Modi being deemed a flight risk. In her judgment handed down at the Royal Courts of Justice in London on his last bail appeal in June, Justice Ingrid Simler had concluded there were substantial grounds to believe that Modi would fail to surrender as he does possess the means to abscond . Reiterating similar concerns as those previously raised by Westminster Magistrates’ Court during earlier bail attempts, Judge Simler ruled that after considering all the material carefully , she had found strong evidence to suggest there had been interference with witnesses and destruction of evidence in the case and concluded it can still occur. “The applicant has access to considerable financial resources, supported by an increased [bail bond security] offer of GBP 2 million,” the judge noted. PTIlast_img read more

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Former Jharkhand Congress president Ajoy Kumar joins AAP

first_imgNew Delhi: Ex-IPS officer of Jharkhand cadre and former Jharkhand Congress president Ajoy Kumar joined Aam Admi Party (AAP) on Thursday in the presence of senior AAP leaders. This is seen as a significant move by the AAP party with the upcoming assembly elections round the corner.Kumar was welcomed into the party by Deputy CM Manish Sisodia and AAP chief spokesperson Saurabh Bharadwaj besides other AAP leaders. Welcoming him in the party, Deputy CM said that the move will not only strengthen AAP in upcoming assembly polls but will further help to strengthen the ideology for which AAP was formed. “We need people like Ajoy Kumar to change politics and make it meaningful for the common man,” said Sisodia. Also Read – Odd-Even: CM seeks transport dept’s views on exemption to women, two wheelers, CNG vehiclesIn 2014, Kumar joined Congress and in 2019 he switched to AAP. Kumar feels that AAP is the only party for the “aam aadmi” where anyone can join and work towards development. While upmarket connections and boatload of money may be a deciding factor for candidature in other parties it does not apply at AAP, he said. “There is no point talking about past allegiances, I want to look to the future wherein I feel comfortable and honest work is recognised. I want to be associated with a party that is honest in reality and delivers what it promises, unlike some parties that indulge in political faff about education, electricity, health, and safety,” said Kumar while joining the party. Also Read – More good air days in Delhi due to Centre’s steps: JavadekarCommenting on the recent Tabrez Ansari lynching case in Jharkhand, Kumar said, “These days it is not the rule of law but the law of the ruler. The police work in adherence to the present ruling party gauging what their take is on such events. Fear of being on the wrong side of events can have irreversible consequences and the police fall prey to that thought. An incident like lynching to happen in this century is an embarrassment for the country. If no action is taken on such events, then there is no hope for the country.”last_img read more