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No savings at 50? I’d buy cheap FTSE 250 dividend stocks to retire in comfort

first_img Enter Your Email Address Image source: Getty Images While starting to invest for retirement at a young age is highly beneficial, it’s never too late to start aiming to build a nest egg from which to draw a passive income in older age. With the FTSE 250 currently offering a number of income and growth investing opportunities, now could be the right time to start buying high-quality stocks while they trade on low valuations.Certainly, there are risks facing the UK and world economies. But with many stocks currently offering wide margins of safety, there appear to be numerous opportunities for someone aged 50 to start building their retirement savings portfolio.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…Dividend stocksHistorically, the FTSE 100 has been a popular index from which to generate an income. It has often had a higher dividend yield than the FTSE 250, which is still the case today.However, the FTSE 250’s 3% dividend yield doesn’t necessarily paint the full picture when it comes to the index’s income opportunities. Around a quarter of the FTSE 250’s members currently offer a dividend yield that’s in excess of 5%. As such, it’s possible to build a diverse portfolio of stocks that together offer a higher income return than the FTSE 100.With dividends having contributed a large portion of the stock market’s historic total return, focusing your capital on income shares could be a sound idea. They could produce a surprisingly large nest egg that helps to boost your passive income in retirement.Growth potentialWhile risks such as Brexit are likely to continue throughout 2020, the valuations of many FTSE 250 shares suggest investors have factored them in. Many mid-cap shares currently have ratings below their historic averages, which means their risk/reward ratios may be more attractive than they have been in the past.Furthermore, with around half of the FTSE 250’s income being generated outside of the UK, it’s possible to obtain a significant amount of geographic diversity when buying mid-cap shares. This could help to reduce your overall risk, and may enable you to benefit from the fast pace of growth offered by emerging economies such as India and China.Alongside this, the growth prospects for the UK economy may be more positive than some investors are currently pricing in. With high levels of employment, modest inflation and GDP growth expected to be at a similar level in 2020 to what it was in 2019, the prospects for UK shares could be relatively encouraging.CompoundingWhile at age 50 there may not be as much time for compounding to boost your portfolio as there was 10 or 20 years ago, the prospects for the FTSE 250 suggest that it may be possible to build a generous nest egg before retirement. As such, now could be the right time to start buying dividend-paying mid-cap shares. Peter Stephens | Sunday, 19th January, 2020 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. 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. 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’ Shares No savings at 50? I’d buy cheap FTSE 250 dividend stocks to retire in comfort Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” 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. See all posts by Peter Stephenslast_img read more

Fine allegations : Third accuser files sexual abuse lawsuit

first_img Published on December 8, 2011 at 12:00 pm Contact Stephanie: [email protected] | @snbouvia Facebook Twitter Google+ Commentscenter_img A lawsuit accusing Bernie Fine, former Syracuse University associate head men’s basketball coach, of sexually abusing then 13-year-old Zach Tomaselli in a hotel was filed by Tomaselli Thursday in Pittsburgh.Tomaselli now 23, of Lewiston, Maine, is the third man to publicly accuse Fine of sexual abuse. He claims Fine molested him in 2002, when they traveled to Pittsburgh for a Syracuse game.Fine, who was fired from the university Nov. 27, has not been criminally charged and denies the allegations. Two other men, Bobby Davis, 39, and his stepbrother, Mike Lang, 45, both accused Fine of molesting them in the 1980s and ‘90s when they were ball boys. A fourth accuser has also come forth, but not publicly.Fine’s home in DeWitt was searched Nov. 25 and his Manley Field House office searched Nov. 30.Tomaselli, who is facing sexual assault charges of his own, said that he would plead guilty to sexually abusing a then 13-year-old boy.AdvertisementThis is placeholder textIn a statement signed on Wednesday, Tomaselli said he is suing Fine to prevent more boys from being abused. He also said he is getting help, according to the statement.Tomaselli said in the statement: ‘I am taking this action to support the other men that have gone public and to do everything I can to protect other kids from harm by Bernie Fine and powerful men like him.’[email protected]last_img read more