European Forum – Family Mediation http://europeanforum-familymediation.com/ Fri, 23 Sep 2022 09:15:02 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://europeanforum-familymediation.com/wp-content/uploads/2021/03/europenaforumfamilymediation-icon-70x70.png European Forum – Family Mediation http://europeanforum-familymediation.com/ 32 32 How to Choose the Right Retirement Plan for You or Your Clients https://europeanforum-familymediation.com/how-to-choose-the-right-retirement-plan-for-you-or-your-clients/ Fri, 23 Sep 2022 08:47:31 +0000 https://europeanforum-familymediation.com/how-to-choose-the-right-retirement-plan-for-you-or-your-clients/

When choosing a retirement plan, you need to carefully consider the goals involved. It could be any combination of tax deductions and tax-deferred growth, retirement fund accumulation, asset protection, employee attraction and retention, or perhaps a other deduction.

There are two types of pension plan categories: defined benefit pension plans and defined contribution plans. Prior to DC plans, the primary retirement savings vehicle was the DB plan. Employers would fund a pension and employees would enjoy a guaranteed income stream in retirement. Fast forward a few decades after the introduction of the 401(k) plan, and you’ll be hard-pressed to find an employer who offers a DB plan. The reason is simple: cost. The guaranteed aspect of a DB plan is burdensome and, in some cases, detrimental to the health and longevity of the sponsoring employer.

So how do you decide which plan is the right one? Start by asking a fundamental question: what are you trying to accomplish? There are several reasons to set up a retirement plan: tax deductions and salary deferral; accumulation of retirement assets; attraction and retention of employees; your business is a high-risk profession and you want to protect what you have earned through an inviolable trust; and participant education and orientation. These aren’t the only reasons, but they tend to top the list.

As a corporate pension advisor, I urge people to do two things. First, meet with a fiduciary advisor who specializes in the area of ​​pension plans, putting clients’ interests first. Second, consult your tax advisor, the person who knows the most about your financial situation perhaps better than anyone else, besides yourself, of course.

These steps can help you determine which retirement plan option is the right one, based on current facts and circumstances.

401(k) Incentive Plan

401(k) and incentive plans can be separated. But by combining the two, you create plan administration and fee efficiency. The 401(k) allows for participant salary deferrals before taxes or in the form of Roth contributions. The maximum salary deferral for participants in 2022 is $20,500. And if the person is 50 or older, they can defer up to an additional $6,500 of salary as a catch-up contribution. Employers can provide a discretionary or non-optional matching contribution (eg profit sharing). Total contributions from all sources (e.g. salary deferral, matching, and profit sharing) cannot exceed $61,000 for plan year 2022.

It is a 401(k) basic profit sharing plan. Thanks to the design of the plan, you can include important improvements such as security contributions, advanced profit sharing options, automatic subscription and escalation with an unsubscription function. The 401(k) incentive plan offers the greatest flexibility and opportunity for salary deferral for all participants and company-weighted contributions for targeted participants.

Cash Balance

The Cash Balance plan is essentially a DB plan, with a few differences that may make it more palatable to business owners. It is often used by businesses made up of owners or small groups with considerable cash flow wishing to maximize the retirement savings of certain people, usually the owners. It also provides a significant benefit to the employee base. It can be a stand-alone plan or combined with a 401(k) profit sharing plan, which maximizes tax deduction and contribution benefits. Annual dues for business owners can reach a few hundred thousand dollars.

But with a DB plan, the plan sponsor is required to make annual contributions. Additionally, through plan design, you can create a cost-benefit scenario that maximizes benefits for key employees (e.g., owners, executives) while minimizing total contribution expenses for remaining eligible employees.

Owner-only 401(k) plan

Here, only owners and owners’ spouses can participate. It provides for discretionary salary deferral and profit sharing contributions. It can be coupled with a cash balance plan, generating additional tax benefits and retirement savings.

Simplified employee pension (SEP)

Often used by small businesses or the self-employed, SEPs only allow employee contributions, not to exceed 25% of earned income. In the year the contributions are made, they must be paid to all eligible employees. The owner contributes to a SEP IRA and the participants invest the money. They are very easy to manage and have no employer deposit requirements. However, counseling training or career guidance is generally not provided to participants.

Employee Savings Incentive Plan (SIMPLE)

SINGLE 401(k): It is a cross between the SIMPLE IRA and the traditional 401(k) plan. It is available to employers with less than 100 employees and is much less complicated to administer and manage. The maximum salary deferral for participants in 2022 cannot exceed $14,000 and the maximum catch-up contribution is $3,000. In addition, employer contributions are mandatory. This can be a 100% match on the first 3% a participant chooses to defer or a non-optional contribution of 2% of the eligible employee’s contribution. It is a “simplified version” of a traditional 401(k) plan.

SINGLE IRA: This is similar to a SINGLE 401(k) with a pair of key differences. First, an employer who chooses to make matching contributions can reduce the amount to less than 3% but not less than 1% twice in five years. This is not allowed in a SINGLE 401(k). Second, loans are not allowed in a SINGLE IRA. They are, however, allowed in the SIMPLE 401(k) plan and in a traditional 401(k) plan.

403(b) plan

This allows for salary deferral and employer contribution to those employed in government agencies, educational institutions, and non-profit organizations. It is not subject to the Employees Retirement Income Security Act 1974, unless there is “involvement on behalf of the employer”, such as an employer making a contribution to eligible participants .

Individual Retirement Account (IRA)

This is a non-company retirement account, which means people with earned income can open an IRA account and save for retirement. Maximize employer benefits first, then consider funding an IRA. This option can be set up as a traditional IRA or a Roth IRA.

Conclusion

Due to the many choices available, as well as the levels of complexity of each, it is strongly recommended that you consult with a corporate pension plan specialist willing to engage as plan fiduciary and your tax advisor to determine which plan is the best.

This article does not necessarily reflect the views of the Bureau of National Affairs, Inc., publisher of Bloomberg Law and Bloomberg Tax, or its owners.

Author Information

Michael A. Abate, AIF, CRPS, leads the corporate pension practice at EisnerAmper Wealth Management & Corporate Benefits, LLC.

We would love to hear your smart and original point of view: Write for us.

]]> Shares of BluMetric Environmental Inc. (CVE:BLM) are on an uptrend: Are strong financials guiding the market? https://europeanforum-familymediation.com/shares-of-blumetric-environmental-inc-cveblm-are-on-an-uptrend-are-strong-financials-guiding-the-market/ Thu, 22 Sep 2022 10:26:46 +0000 https://europeanforum-familymediation.com/shares-of-blumetric-environmental-inc-cveblm-are-on-an-uptrend-are-strong-financials-guiding-the-market/

BluMetric Environmental (CVE:BLM) stock is up 11% over the past week. Given the company’s impressive performance, we decided to take a closer look at its financial metrics, as a company’s long-term financial health usually dictates market outcomes. Specifically, we decided to study the ROE of BluMetric Environmental in this article.

Return on equity or ROE is an important factor for a shareholder to consider as it tells them how much of their capital is being reinvested. In other words, it is a profitability ratio that measures the rate of return on capital contributed by the company’s shareholders.

Check out our latest analysis for BluMetric Environmental

How do you calculate return on equity?

ROE can be calculated using the formula:

Return on equity = Net income (from continuing operations) ÷ Equity

So, based on the formula above, the ROE for BluMetric Environmental is:

22% = CAD$2.4 million ÷ CAD$11 million (based on trailing 12 months to June 2022).

“Yield” is the income the business has earned over the past year. Another way to think about this is that for every CA$1 of equity, the company was able to make a profit of CA$0.22.

What does ROE have to do with earnings growth?

So far, we have learned that ROE measures how efficiently a company generates its profits. Based on the share of its profits that the company chooses to reinvest or “keep”, we are then able to assess a company’s future ability to generate profits. Assuming everything else remains unchanged, the higher the ROE and earnings retention, the higher a company’s growth rate relative to companies that don’t necessarily exhibit these characteristics.

A side-by-side comparison of BluMetric Environmental’s earnings growth and 22% ROE

For starters, BluMetric Environmental has a pretty high ROE, which is interesting. Additionally, the company’s ROE is above the industry average of 8.4%, which is quite remarkable. So, the substantial net income growth of 29% observed by BluMetric Environmental over the past five years is not too surprising.

Then, comparing with the industry net income growth, we found that the growth of BluMetric Environmental is quite high compared to the average industry growth of 7.8% over the same period, which which is great to see.

TSXV:BLM Prior Earnings Growth September 22, 2022

Earnings growth is an important factor in stock valuation. It is important for an investor to know whether the market has priced in the expected growth (or decline) in the company’s earnings. This will help them determine if the future of the title looks bright or ominous. If you’re wondering about BluMetric Environmental’s valuation, check out this indicator of its price/earnings ratio, relative to its industry.

Does BluMetric Environmental effectively reinvest its profits?

BluMetric Environmental currently pays no dividends, which essentially means that it has reinvested all of its profits back into the business. This certainly contributes to the high earnings growth number we discussed above.

Conclusion

Overall, we believe BluMetric Environmental’s performance has been quite good. In particular, we appreciate the fact that the company is reinvesting heavily in its business, and at a high rate of return. Unsurprisingly, this led to impressive earnings growth. If the company continues to increase earnings as it has, it could have a positive impact on its share price given how earnings per share influence prices over the long term. Not to mention that stock price results also depend on the potential risks that a company may face. It is therefore important for investors to be aware of the risks associated with the business. To see the 1 risk we have identified for BluMetric Environmental, visit our risk dashboard for free.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

Valuation is complex, but we help make it simple.

Find out if BluMetric Environment is potentially overvalued or undervalued by viewing our full analysis, which includes fair value estimates, risks and warnings, dividends, insider trading and financial health.

See the free analysis

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St. Paul City Council Passes Changes to Rent Ordinance https://europeanforum-familymediation.com/st-paul-city-council-passes-changes-to-rent-ordinance/ Wed, 21 Sep 2022 23:36:22 +0000 https://europeanforum-familymediation.com/st-paul-city-council-passes-changes-to-rent-ordinance/

St. Paul City Council on Wednesday passed a set of amendments that revises the rent stabilization ordinance passed by voters last year.

After hearing from more than a dozen residents who all spoke out against the revisions, council members voted 5 to 2 to revise the policy, with council members Nelsie Yang and Mitra Jalali voting no.

The version on the November ballot capped annual rent increases at 3%, regardless of a change in occupancy – one of the toughest such regulations in the country. But earlier this year, the city established rules that allow landlords to request exceptions beyond the 3% limit.

Over the past few weeks, City Council has heard from tenants and housing advocates who have largely opposed changes to the ordinance. They say the broad exemptions for new construction — which apply retroactively to units built within the last 20 years — and affordable housing gut the original policy and hurt low-income renters.

An amendment passed before the final vote allows landlords to increase rent by up to 8% plus the Consumer Price Index in the event of a ‘justified vacancy’, defined as when a tenant chooses not to renew his lease or is fired for a certain set of infractions.

Other changes made by Jalali prioritized notifying tenants of potential rent changes beyond the 3% cap. One requires landlords to indicate during the request phase whether a unit is exempt from the cap, while another lets tenants know when their landlords have requested an exception.

Council member Chris Tolbert presented the initial package of amendments and praised Council’s work to reach a compromise.

“I think the ordinance and the improvements we’ve made to it will hopefully address the issues that brought rent stabilization to the Tenant Protection Ballot…and also minimize the negative consequences of the policy” , he said before the final vote.

Jalali and Yang criticized the process, saying it undermined the work of housing advocates.

“What I hear over and over again is people in our town telling us they’re struggling,” Yang said. “Their salaries are not increasing, but the cost of living is.”

Jalali said the 20-year retroactive exception for new construction would hurt tenants in her neighborhood, where she says much of the city’s newest housing was built.

“I will not vote to take rent stabilization away from my constituents who need it most,” she said.

She also pointed out that the 20-year period went beyond the 15 years proposed by a working group.

The Alliance, a coalition of community organizations, issued a statement lambasting the “sweeping and dramatic changes” to the rents ordinance, saying Wednesday’s council vote “overturns the will of the voters”.

“Despite the council’s stated desire to expand affordable housing, Order 22-37 will further deepen our current housing crisis by removing protections for over 20,000 people living in affordable housing and not only exempting new construction in the future, but buildings that have been constructed within the last 20 years,” the statement read in part. “These changes will disproportionately harm the tenants that this policy was most intended and carefully designed to protect: tenants at low-income, disabled and Black, Indigenous and of Color (BIPOC) – those most in need of renter protections.

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How to balance your financial priorities while saving for retirement https://europeanforum-familymediation.com/how-to-balance-your-financial-priorities-while-saving-for-retirement/ Wed, 21 Sep 2022 06:02:34 +0000 https://europeanforum-familymediation.com/how-to-balance-your-financial-priorities-while-saving-for-retirement/

In today’s era of rising costs, increased financial demands, and the constant demand to “follow the neighbors” (and their Instagram posts!), it’s getting harder and harder to prioritize a distant goal like retirement – which is usually between 10 and 30 years away. a way. Our short-term financial goals invariably take priority and we often tend to delay our retirement savings or dip into them frequently for other purposes – not realizing the colossal impact that even small withdrawals or delays can have on our lives. after retirement!

If you belong to the category described above, you can benefit from the 5 simple tips detailed below.

Retirement first, education second

It’s common for parents to prioritize their children’s college education before they start saving for their own retirement. While we appreciate the sentiment behind this, it would be prudent not to focus all of your savings on one goal! Since your retirement goal is several years after your child’s education, your early savings will have room to accumulate for several more years, if you start early.

To put the above into perspective – if you save Rs 5,000 per month for your retirement between the ages of 25 and 30, and let it accumulate over the next 30 years until you retire – that meager savings will add up to Rs 1.22 crore by the time you reach 60!

Since your retirement goal is far away, you can take advantage of capitalization and start saving in small installments over many years, compared to your child’s education goal which will usually require a much larger monthly outlay. After all, the last thing you want is to spend your savings on your child’s education and then have to fall back on them to fund your post-retirement lifestyle!

Take advantage of unexpected deals

It would be wise to commit any lump sum payments you receive in addition to your regular income to your retirement fund. These could include income tax refunds, windfall dividends, inheritances and performance bonuses.

Since these contributions are not necessary for you to lead your normal life, you will not mind deploying them immediately in your retirement fund!

Bolstering your retirement pool with lump sums frequently can give your final retirement corpus a serious boost. Even Rs 1 lac set aside for 30 years at 12% per annum will accumulate to Rs 30 Lacs when you retire! Think about that the next time you’re tempted to squander idle funds on gadgets that will become obsolete a year from today!

Be aggressive

Whatever your risk appetite, you should ideally resist the urge to deploy your retirement savings in conservative asset classes such as bonds or recurring deposits. Since your retirement goal will typically be several years away, chances are that market volatility will smooth your returns over multiple market cycles.

Even a small difference in after-tax returns over a long period of saving can make a huge difference to your eventual retirement fund. Rs 10,000 saved monthly for 30 years at 8% pa will mature at Rs 1.49 crore. The same saving at 12% per annum will yield Rs 3.49 crore! It’s the power of the 4%. 100 extra.

It’s worth considering more aggressive savings avenues (such as SIPs in mid-cap equity funds) when committing a monthly amount to your retirement fund. Your savings portfolio may go up and down over the medium term, but will ultimately produce a much larger corpus. The key – save without passion regardless of market cycles. Let the Rupee Cost Average work its magic.

Keep it sacrosanct

A human psychological phenomenon called “hyperbolic discounting” creates the tendency to place infinitely less importance on the rewards that will be reaped in the distant future.

The maximum risk of this phenomenon is borne by our pension fund! If only we had a rupee every time a client broke into their superannuation fund to fund an immediate need…

It would be wise to establish strict personal rules and limits when it comes to your retirement funds. It’s a good idea to deliberately save in funds with strict blocks to protect your corpus! Regimes like the NPS, which place severe restrictions on premature withdrawals, were created specifically with the above in mind.

Even “wants” or desires can feel like “needs” when you are faced with them. Pause before breaking your retirement corpus – think ahead and consider the longer term ramifications! Doing the math and thinking logically can cause you to delay spending or cut back on your needs.


]]> ATA truck tonnage index increased by 2.8% in August https://europeanforum-familymediation.com/ata-truck-tonnage-index-increased-by-2-8-in-august/ Tue, 20 Sep 2022 17:08:00 +0000 https://europeanforum-familymediation.com/ata-truck-tonnage-index-increased-by-2-8-in-august/

Index 7.4% higher August 2021

WASHINGTON, September 20, 2022 /PRNewswire/ — The American Trucking Associations’ leading seasonally adjusted (SA) for-hire truck tonnage index rose 2.8% in August after falling 1.5% in July. In August, the index was equal to 119 (2015=100) against 115.8 in July.

“Tonnage rebounded in August after a weaker than expected July,” said ATA Chief Economist Bob Costello. “With the economy transitioning to slower growth and changing consumer habits, we may see more volatility in the coming months. But the good news is that we continue to see areas of growth in the freight in consumer spending and manufacturing, helping to offset weakness in new home construction.

The July decline has been revised down from our August 23 Press release.

Compared to August 2021the SA index rose 7.4%, the twelfth consecutive year-over-year gain and the largest increase since June 2018. In July, the index was up 4.7% from a year earlier. Year-to-date to August, compared to the same period in 2021, tonnage increased by 3.9%.

The non-seasonally adjusted index, which represents the change in the tonnage actually transported by the fleets before any seasonal adjustment, stood at 124.6 in August, i.e. 8.2% above the July level (115.1) . In the calculation of the index, 100 represents 2015. ATA’s for-hire truck tonnage index is dominated by contract freight as opposed to spot market freight.

Trucking serves as a barometer of the US economy, accounting for 72.5% of the tonnage moved by all modes of domestic freight transportation, including manufactured and retail goods. Trucks transported 10.23 billion tonnes of freight in 2020. Motor carriers collected $732.3 billioni.e. 80.4% of the total revenue generated by all modes of transport.

The ATA calculates the tonnage index based on surveys of its members and has done so since the 1970s. This is a preliminary figure subject to change in the final report published around the 5th of each month. The report includes monthly and annual results, relevant economic comparisons and key financial indicators.

American Trucking Associations is the largest national trade association for the trucking industry. Through a federation of 50 affiliated state trucking associations and industry-related conferences and councils, ATA is the voice of the industry America depends on most to move our country’s freight. Follow ATA on Twitter Where Facebook. Trucking Moves America Forward.

SOURCE American Trucking Associations

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Cincinnati-area hospital systems now view housing as a community health need https://europeanforum-familymediation.com/cincinnati-area-hospital-systems-now-view-housing-as-a-community-health-need/ Tue, 20 Sep 2022 00:15:00 +0000 https://europeanforum-familymediation.com/cincinnati-area-hospital-systems-now-view-housing-as-a-community-health-need/

CINCINNATI — For the first time, regional hospital systems are identifying housing as a community health need. Nearly two out of three homes are rentals in the city of Cincinnati. With soaring rents and regular evictions, researchers see links to medical needs.

“I’m trying to move into my own apartment, but it’s like, where do we go next?” said Tomeshia Baker, a single mother of three boys.

Baker works full time six or seven days a week. Yet her family has no home of their own. They have a temporary room with Baker’s sister.

“I’ve had many people turn around (and say) no, we’re not accepting Section 8 because of the pandemic,” Baker said. “People came and tore up our stuff and we don’t want that anymore. I contacted a landlord. I had an inspection on August 19. That inspector quit. They told me to reschedule the inspection So I was told to resubmit and start all over again. But it’s been months.

She fears that the landlord will rent the accommodation to someone else. Meanwhile, her children are suffering.

“My 13-year-old son isn’t like he used to be,” she said. “He’s depressed. He sleeps a lot. He doesn’t eat. My 7-year-old son isn’t doing very well in school. It depresses me more because I’m trying. Am I not doing enough for (my kids)? I don’t know. My mind is wandering. It’s a nightmare. I don’t wish this on my worst enemy. We don’t deserve this.”

Mercy Health and nine partners have spent a year advising and helping people pay their rent in Bond Hill and Roselawn. The report following the program found that 66% of these residents had a chronic illness or persistent mental health issues. According to the report, 62% of Cincinnati residents rent. With hundreds of evictions occurring almost every week, concern reigns across the region.

This sentiment and other research supporting the links between housing and health motivated all health systems in the region to agree on an unprecedented decision.

Every three years, the systems meet to discuss the region’s most pressing needs. For the first time, housing is part of it.

“We have never seen a housing or social need like this explicitly named,” said Gina Hemenway, executive director of Mercy Health Community, Community Health. “So I think we’ve elevated that in conversational terms.”

Mercy Health wants to provide more support for programs and advocacy that have been proven to keep people on the brink of eviction or foreclosure, Hemenway said.

Baker just wants better results from the voucher program run by the Cincinnati Metropolitan Housing Authority.

An ACSM spokesperson said the agency was following federal guidelines in Baker’s case.

“The Cincinnati Metropolitan Housing Authority is following federal guidelines for the Housing Choice Voucher Program,” said Lesley Wardlow, Senior Communications Coordinator for ACSM. “The unit Ms. Baker selected was not a reasonable (affordable) rent. After the landlord agreed to adjust the rent, ACSM contacted the landlord to schedule the Housing Quality Standards Inspection and September 6 was the earliest the unit would be ready for an inspection The unit failed the inspection due to infestation and electrical issues ACSM cannot approve a contract on a property exhibiting these issues.The owner has had the opportunity to correct the deficiencies and now we are awaiting notification that they have been corrected so a re-inspection may take place.

“There have been no delays in processing documents for this unit. ACSM has no shortage of inspectors and none have quit.

“HUD has strict rules that do not allow ACSM to refer residents to a particular landlord or community for housing. As such, families are provided with resources to assist them in their search process. ACSM Invites Landlords to List Available Rentals on Affordablehousing.com [linkprotect.cudasvc.com] and present their properties to the HCV Your Rental Connection. Families can also use ads in newspapers, rental magazines, etc. to help them in their search. »

READ MORE
Millions in rent relief approved to address homelessness in Hamilton County
Hamilton County is spending $10 million in federal funds to renovate unused units into affordable housing
Elderly couple forced to live apart after losing their homes finally find a new home in Cincinnati

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15 Cities With The Biggest Seasonal Changes In Home Prices https://europeanforum-familymediation.com/15-cities-with-the-biggest-seasonal-changes-in-home-prices/ Mon, 19 Sep 2022 08:51:36 +0000 https://europeanforum-familymediation.com/15-cities-with-the-biggest-seasonal-changes-in-home-prices/
Andy Dean Photography / Shutterstock.com

Editor’s note: This story was originally published on Construction Coverage.

The housing market of the past two years has been unusual in many ways.

With limited supply, intense demand and record price growth, the market has consistently defied expert expectations and typical trends. And one of the ways these aberrations have manifested themselves is seasonality.

Generally, the busiest part of the year is spring and summer. For most years of the past decade, monthly home sales peaked in June, July or August and fell through the rest of the year. With more buyers looking for homes during peak months, competition also helps drive up prices, and homes generally sell for more when the market is most active. But since 2020, the seasonality of the market has been disrupted.

While seasonal price growth has been more dramatic than usual over the past two years, home values ​​have held steady or continued to grow even during months when prices typically fall. And more recently, high prices and interest rates have started to cool the market, which has been unusual in a different way: median home sales prices have fallen slightly between May and June 2022, which does not has happened any year in the last decade.

To determine the locations with the greatest seasonal variations in home prices, Construction Coverage researchers calculated the percentage change in median sale price between the most expensive month and the cheapest month in each location, averaged over the five-year period between 2015 and 2019. In the event of a tie, the location with the largest percentage change in days on market was ranked higher. The data used in this analysis comes from Redfin.

Here are the US metropolitan areas with the biggest seasonal change in house prices.

15. Indianapolis-Carmel-Anderson, IN

Indianapolis
Rudy Balasko / Shutterstock.com
  • Seasonal variation of the median sale price of houses (average 2015-2019): -18.2%
  • Total number of days on the market in seasonal variation (average 2015-2019): +231.7%
  • Month of highest median sale price (average 2015-2019): June
  • Lowest median sale price month (average 2015-2019): January
  • Median home sale price (current): $296,000

14. Columbus, Ohio

Columbus, Ohio
f11photo / Shutterstock.com
  • Seasonal variation of the median sale price of houses (average 2015-2019): -18.3%
  • Total number of days on the market in seasonal variation (average 2015-2019): +62.9%
  • Month of highest median sale price (average 2015-2019): June
  • Lowest median sale price month (average 2015-2019): January
  • Median home sale price (current): $328,000

13. St. Louis, MO-IL

St. Louis, Missouri
KENNY TONG / Shutterstock.com
  • Seasonal variation of the median sale price of houses (average 2015-2019): -18.5%
  • Total number of days on the market in seasonal variation (average 2015-2019): +75.6%
  • Month of highest median sale price (average 2015-2019): June
  • Lowest median sale price month (average 2015-2019): February
  • Median home sale price (current): $265,000

12. Rochester, New York

Fall leaves in Rochester, New York
NewSaetiew / Shutterstock.com
  • Seasonal variation of the median sale price of houses (average 2015-2019): -18.6%
  • Total number of days on the market in seasonal variation (average 2015-2019): +179.4%
  • Month of highest median sale price (average 2015-2019): July
  • Lowest median sale price month (average 2015-2019): February
  • Median home sale price (current): $225,000

11. Memphis, TN-MS-AR

Memphis, TN
Sean Pavone / Shutterstock.com
  • Seasonal variation of the median sale price of houses (average 2015-2019): -18.8%
  • Total number of days on the market in seasonal variation (average 2015-2019): +57.9%
  • Month of highest median sale price (average 2015-2019): June
  • Lowest median sale price month (average 2015-2019): January
  • Median home sale price (current): $301,250

10. San Jose-Sunnyvale-Santa Clara, CA

The San Jose skyline, which has a median rent lower than the median mortgage payment
stellamc / Shutterstock.com
  • Seasonal variation of the median sale price of houses (average 2015-2019): -18.8%
  • Total number of days on the market in seasonal variation (average 2015-2019): +222.6%
  • Month of highest median sale price (average 2015-2019): April
  • Lowest median sale price month (average 2015-2019): January
  • Median home sale price (current): $1,500,000

9. Hartford-East Hartford-Middletown, CT

Hartford, Connecticut
Sean Pavone / Shutterstock.com
  • Seasonal variation of the median sale price of houses (average 2015-2019): -19.3%
  • Total number of days on the market in seasonal variation (average 2015-2019): +62.2%
  • Month of highest median sale price (average 2015-2019): June
  • Lowest median sale price month (average 2015-2019): February
  • Median home sale price (current): $315,000

8. Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Philadelphia, Pennsylvania at dusk
f11photo / Shutterstock.com
  • Seasonal variation of the median sale price of houses (average 2015-2019): -19.3%
  • Total number of days on the market in seasonal variation (average 2015-2019): +99.5%
  • Month of highest median sale price (average 2015-2019): June
  • Lowest median sale price month (average 2015-2019): February
  • Median home sale price (current): $355,115

7. Buffalo-Cheektowaga, NY

Buffalo, New York
Atomazul / Shutterstock.com
  • Seasonal variation of the median sale price of houses (average 2015-2019): -19.3%
  • Total number of days on the market in seasonal variation (average 2015-2019): +192.3%
  • Month of highest median sale price (average 2015-2019): August
  • Lowest median sale price month (average 2015-2019): February
  • Median home sale price (current): $240,000

6. Chicago-Naperville-Elgin, IL-IN-WI

Chicago, Ill.
f11photo / Shutterstock.com
  • Seasonal variation of the median sale price of houses (average 2015-2019): -19.7%
  • Total number of days on the market in seasonal variation (average 2015-2019): +129.4%
  • Month of highest median sale price (average 2015-2019): June
  • Lowest median sale price month (average 2015-2019): February
  • Median home sale price (current): $338,910

5. Cincinnati, OH-KY-IN

cincinnati ohio
Bryan Busovicki / Shutterstock.com
  • Seasonal variation of the median sale price of houses (average 2015-2019): -19.9%
  • Total number of days on the market in seasonal variation (average 2015-2019): +53.9%
  • Month of highest median sale price (average 2015-2019): June
  • Lowest median sale price month (average 2015-2019): February
  • Median home sale price (current): $275,000

4. Pittsburgh, Pennsylvania

Pittsburgh
esb-professional / Shutterstock.com
  • Seasonal variation of the median sale price of houses (average 2015-2019): -21.4%
  • Total number of days on the market in seasonal variation (average 2015-2019): +71.9%
  • Month of highest median sale price (average 2015-2019): June
  • Lowest median sale price month (average 2015-2019): February
  • Median home sale price (current): $239,900

3. Milwaukee-Waukesha, WI

Milwaukee, Wis.
Rudy Balasko / Shutterstock.com
  • Seasonal variation of the median sale price of houses (average 2015-2019): -22.3%
  • Total number of days on the market in seasonal variation (average 2015-2019): +67.7%
  • Month of highest median sale price (average 2015-2019): June
  • Lowest median sale price month (average 2015-2019): February
  • Median home sale price (current): $307,750

2. Cleveland-Elyria, OH

Cleveland, Ohio
Rudy Balasko / Shutterstock.com
  • Seasonal variation of the median sale price of houses (average 2015-2019): -24.0%
  • Total number of days on the market in seasonal variation (average 2015-2019): +64.2%
  • Month of highest median sale price (average 2015-2019): June
  • Lowest median sale price month (average 2015-2019): February
  • Median home sale price (current): $224,950

1. Detroit-Warren-Dearborn, MI

Detroit
Jason Grindle / Shutterstock.com
  • Seasonal variation of the median sale price of houses (average 2015-2019): -24.0%
  • Total number of days on the market in seasonal variation (average 2015-2019): +206.6%
  • Month of highest median sale price (average 2015-2019): June
  • Lowest median sale price month (average 2015-2019): February
  • Median home sale price (current): $273,022

Methodology

Man analyzing data on laptop
fizkes / Shutterstock.com

The data used in this analysis comes from Redfin’s data center. To determine where seasonal house price changes are greatest, Construction Coverage researchers calculated the seasonal change in median home selling price by taking a weighted average of the differences between the highest median selling month. and the lowest median selling month, from 2015. through 2019.

Locations with the largest seasonal changes were ranked higher, and in the event of a tie, the location with the most total days on market seasonal change (average 2015-2019) was ranked higher . To improve relevance, only metropolitan areas with a population of at least 100,000 were included, and those with insufficient housing sales data were omitted from the analysis.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click on links in our stories.

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The impressive performance of SNC-Lavalin Group inc. (TSE:SNC) have something to do with its fundamentals? https://europeanforum-familymediation.com/the-impressive-performance-of-snc-lavalin-group-inc-tsesnc-have-something-to-do-with-its-fundamentals/ Sun, 18 Sep 2022 13:12:37 +0000 https://europeanforum-familymediation.com/the-impressive-performance-of-snc-lavalin-group-inc-tsesnc-have-something-to-do-with-its-fundamentals/

SNC-Lavalin Group (TSE:SNC) stock is up 13% in the past three months. Since stock prices are usually aligned with a company’s financial performance over the long term, we decided to take a closer look at its financial indicators to see if they had a role to play in the recent price movement. . In this article, we have decided to focus on the ROE of the SNC-Lavalin Group.

Return on Equity or ROE is a test of how effectively a company increases its value and manages investors’ money. In short, ROE shows the profit that each dollar generates in relation to the investments of its shareholders.

See our latest analysis for SNC-Lavalin Group

How do you calculate return on equity?

ROE can be calculated using the formula:

Return on equity = Net income (from continuing operations) ÷ Equity

Thus, according to the formula above, the ROE of the SNC-Lavalin Group is:

1.0% = CAD$30 million ÷ CAD$3.0 billion (based on trailing 12 months to June 2022).

The “yield” is the profit of the last twelve months. This means that for every Canadian dollar of equity, the company generated a profit of 0.01 Canadian dollars.

What is the relationship between ROE and earnings growth?

So far, we have learned that ROE measures how efficiently a company generates its profits. Depending on how much of those earnings the company reinvests or “keeps”, and how efficiently it does so, we are then able to assess a company’s earnings growth potential. Assuming all else is equal, companies that have both a higher return on equity and better earnings retention are generally the ones with a higher growth rate compared to companies that don’t. same characteristics.

SNC-Lavalin Group earnings growth and ROE of 1.0%

It is difficult to say that the ROE of the SNC-Lavalin Group is very good in itself. Not only that, even compared to the industry average of 3.0%, the company’s ROE is quite unremarkable. However, the moderate growth of 7.8% in net income of the SNC-Lavalin Group over the past five years is certainly positive. Therefore, the earnings growth could likely have been caused by other variables. Such as – high revenue retention or effective management in place.

Then, comparing SNC-Lavalin Group’s net income growth with that of the industry, we found that the company’s reported growth is similar to the industry average growth rate of 9.7% over the of the same period.

TSX: SNC Prior Earnings Growth September 18, 2022

Earnings growth is an important metric to consider when evaluating a stock. The investor should try to establish whether the expected growth or decline in earnings, as the case may be, is taken into account. This will help him determine if the future of the stock looks bright or ominous. Is the SNC-Lavalin Group fairly valued compared to other companies? These 3 assessment metrics might help you decide.

Does the SNC-Lavalin Group use its retained earnings effectively?

In the case of the SNC-Lavalin Group, its respectable earnings growth is likely due to its low three-year median payout ratio of 0.3% (or a 100% retention ratio), suggesting that the he company invests most of its profits to grow its business.

In addition, the SNC-Lavalin Group has been paying dividends for at least ten years or more. This shows that the company is committed to sharing profits with its shareholders. Our latest analyst data shows that the company’s future payout ratio is expected to reach 4.7% over the next three years. Regardless, SNC-Lavalin Group’s future ROE is expected to increase to 10% despite the anticipated increase in the payout ratio. There could likely be other factors that could drive future ROE growth.

Summary

All in all, it seems that the SNC-Lavalin Group has positive aspects in its activities. With a high reinvestment rate, albeit at a low ROE, the company managed to see considerable growth in earnings. That said, looking at current analyst estimates, we have seen that the company’s earnings are expected to accelerate. To learn more about the latest analyst forecasts for the company, check out this analyst forecast visualization for the company.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

Valuation is complex, but we help make it simple.

Find out if SNC-Lavalin Group is potentially overvalued or undervalued by consulting our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider trading and financial health.

See the free analysis

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South Korean ministry recommends enactment of special metaverse laws https://europeanforum-familymediation.com/south-korean-ministry-recommends-enactment-of-special-metaverse-laws/ Sun, 18 Sep 2022 06:02:43 +0000 https://europeanforum-familymediation.com/south-korean-ministry-recommends-enactment-of-special-metaverse-laws/

South Korea’s Ministry of Science and ICT (MSIT) has revealed its intention to move away from imposing traditional video game laws on the metaverse. Instead, the ministry decided to issue new guidelines to encourage the growth of the fledgling ecosystem.

South Korea’s interest in collecting Web3 and Metaverse ecosystems is evidenced by the $200 million investment it has made in creating an internal Metaverse. Along with this effort, MSIT has identified that imposing older regulations has a chilling effect on the growth of new ecosystems.

At the first National Data Policy Committee meeting, MSIT noted that “we will not make the mistake of regulating a new service with existing law.” However, discussions around the designation of the Metaverse as a video game are still current.

The ministry has decided that new industries – including the Metaverse, self-driving and OTT streaming platforms – require the formation of new regulations. With respect to the Metaverse, the MSIT expressed concern about hampering industrial growth due to a lack of legal and institutional basis. Revealing the plan, a rough translation of the press release read:

“Establish guidelines for the classification of game products and metaverses for rational and consistent regulation and support for the enactment of related laws (enactment of special laws on metaverses, etc.)”

Previously, on September 1, members of the National Assembly supported an official proposal to enact the Metaverse Industry Promotion Act to support the Web3 industry.

Related: South Korea issues arrest warrant for Terra founder Do Kwon

While supporting the growth of new technologies, South Korean authorities continue their crackdown on those who run the Terra ecosystem.

South Korean prosecutors claim that Do Kwon, the co-founder and CEO of Terraform Labs, allegedly defrauded investors by issuing LUNA and USTC without warning investors of the danger that the price of the two could fall together.

As a result, prosecutors asked authorities to revoke the passports of Kwon and other Terra employees.