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Stop & Shop's Investment of $229 Million in Retirement Benefits for Union Associates Ratified by UFCW Local 1500 – GlobeNewswire



QUINCY, Mass., Dec. 18, 2020 (GLOBE NEWSWIRE) — Today Stop & Shop announced that UFCW Local 1500 has ratified an agreement for the company to make a $229 million investment in pension benefits for its members.

“We’re pleased this agreement has been ratified as it will improve the security of future retirement benefits for our union associates, while reducing financial risk going forward. This represents a significant investment in our associates who are dedicated to serving our communities every day,” said Gordon Reid, President, Stop & Shop.

As part of the agreement, the following actions will occur:

  • Stop & Shop will end its participation in the UFCW Local 1500 Pension Fund.
  • Stop & Shop union associates will participate in the Local 1500 Annuity plan, which is intended to sustainably provide future retirement benefits and reduce financial risk to the company.

The agreement covers approximately 8,000 current Stop & Shop associates who are members of UFCW Local 1500.

About Stop & Shop                

A neighborhood grocer for more than 100 years, today’s Stop & Shop is refreshed, reenergized and inspired, delivering convenient new solutions for customers. Committed to helping its communities enjoy better food and better lives, Stop & Shop has a longstanding history of giving back to the neighborhoods it serves with a focus on fighting hunger and pediatric cancer research and care. The Stop & Shop Supermarket Company LLC is an Ahold Delhaize USA Company and employs nearly 58,000 associates and operates over 400 stores throughout Massachusetts, Connecticut, Rhode Island, New York and New Jersey. To learn more about Stop & Shop, visit 

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As a financial planner, I always say your home will never be a good investment — but that doesn't mean you shouldn't buy one – Business Insider



Eric Roberge, financial planner and founder of Beyond Your Hammock.

Beyond Your Hammock

Short of bringing up politics, it seems there’s no surer way to start a fight than to take a stance on real estate as an investment.

There are diehard believers on either side of the argument. Many people fervently believe that real estate is not just a good investment, but the best investment an average person can make.

Meanwhile, many others point out that real estate is an illiquid asset that typically requires taking on a massive debt load to acquire — and between inflation and housing markets that can boom or bust at any time, earning a return on that purchase is anything but a sure bet.

As for me? I can see both sides of this debate; there is plenty of anecdotal evidence that will support whichever belief you want to promote. Some people have reached financial independence by acquiring properties and running them as rentals. Other families have fallen into financial ruin, tugged under by underwater mortgages or fixed costs they could no longer afford.

That being said, I do have a definitive stance: single-family homes that you own and live in yourself, and that produce no rental income, are more like utilities than investments. Which is why I tell my financial planning clients to ignore advice that suggests they consider their home an investment that will one day produce a meaningful return.

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When it comes to the house you live in, think of it as a utility

Real estate can be an investment; flipping homes can provide a return, and owning rental properties can provide income streams. 

However, homes are illiquid and require a lot of money to maintain over time. They can pose higher risks than other investments, like a globally-diversified stock market portfolio. And a fixer-upper that you flip, or a home you rent out to tenants, is not the same as a single-family home that you live in.

Your primary residence serves as more of a utility than an investment. That means it’s something you use rather than invest in, and that’s not a bad thing.

A home can provide a sense of stability and security. That is worth something, even if it’s intangible. Over a period of decades, your home can also provide a financial benefit in that it shelters you from rent inflation (or the cost of rising rents over time).

Your primary residence is rarely a good investment

Even in booming markets, the real return on a single-family home is about 1%. That 1% return doesn’t even factor in whatever money you spend on the house while you live in it.

In reality, for most people, the real return on “investment” of the purchase of a home is probably negative.

What’s important here is to distinguish between something that has value (both tangible and intangible) and something that produces a return. Your house can have immense value, but between inflation, the cost of upkeep, and fees associated with the transaction of this asset, it can produce little to no return on the money you put into the property while you own it. 

When talking with my clients about this, I advise against making any assumptions that they’ll “make money” when they go to sell their home. It can feel like you made out ahead if you sell your house and receive a sum of cash after paying off the old mortgage, but again, you might not have earned anything between when you bought and sold thanks to inflation, fees, and other costs of ownership.

Seeing a net gain from the sale of a home is within the realm of possibility; it does happen. But it’s not wise to make the assumption that it’s a sure bet or guarantee. And it’s even less sensible to assume your home will one day produce a return comparable to what you are likely to see from a properly diversified and risk-adjusted investment portfolio.

Ultimately, this is where I see the biggest problem with any debate around whether or not homeownership is an “investment.” It’s a nuanced issue that is so dependent on countless factors in each individual, specific situation.

There are cases when it can work out that way. The numbers, however, indicate that for the majority of us, our homes will not produce meaningful returns (and may even provide negative returns). And when it comes to financial planning, it’s important to consider what’s possible — but to give more weight to what is probable. 

It’s possible your home provides you with a fantastic return one day. But the data says it probably won’t. Therefore, you may end up with a better outcome by focusing on other, more reliable investment strategies to grow your wealth over time.

Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highlight financial products and services that can help you make smarter decisions with your money. We do not give investment advice or encourage you to adopt a certain investment strategy. What you decide to do with your money is up to you. If you take action based on one of our recommendations, we get a small share of the revenue from our commerce partners. This does not influence whether we feature a financial product or service. We operate independently from our advertising sales team.

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Have Insiders Been Buying Automotive Properties Real Estate Investment Trust (TSE:APR.UN) Shares This Year? – Simply Wall St



We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak performance. So we’ll take a look at whether insiders have been buying or selling shares in Automotive Properties Real Estate Investment Trust (TSE:APR.UN).

What Is Insider Buying?

It’s quite normal to see company insiders, such as board members, trading in company stock, from time to time. However, most countries require that the company discloses such transactions to the market.

We don’t think shareholders should simply follow insider transactions. But it is perfectly logical to keep tabs on what insiders are doing. For example, a Harvard University study found that ‘insider purchases earn abnormal returns of more than 6% per year’.

Check out our latest analysis for Automotive Properties Real Estate Investment Trust

The Last 12 Months Of Insider Transactions At Automotive Properties Real Estate Investment Trust

Over the last year, we can see that the biggest insider purchase was by Chairman of the Board Kapil Dilawri for CA$500k worth of shares, at about CA$7.30 per share. Even though the purchase was made at a significantly lower price than the recent price (CA$10.85), we still think insider buying is a positive. Because it occurred at a lower valuation, it doesn’t tell us much about whether insiders might find today’s price attractive.

While Automotive Properties Real Estate Investment Trust insiders bought shares during the last year, they didn’t sell. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

TSX:APR.UN Insider Trading Volume January 24th 2021

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. From looking at our data, insiders own CA$3.9m worth of Automotive Properties Real Estate Investment Trust stock, about 0.8% of the company. However, it’s possible that insiders might have an indirect interest through a more complex structure. We consider this fairly low insider ownership.

What Might The Insider Transactions At Automotive Properties Real Estate Investment Trust Tell Us?

It doesn’t really mean much that no insider has traded Automotive Properties Real Estate Investment Trust shares in the last quarter. However, our analysis of transactions over the last year is heartening. We’d like to see bigger individual holdings. However, we don’t see anything to make us think Automotive Properties Real Estate Investment Trust insiders are doubting the company. While we like knowing what’s going on with the insider’s ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. To help with this, we’ve discovered 5 warning signs (2 are a bit concerning!) that you ought to be aware of before buying any shares in Automotive Properties Real Estate Investment Trust.

But note: Automotive Properties Real Estate Investment Trust may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

If you’re looking to trade Automotive Properties Real Estate Investment Trust, open an account with the lowest-cost* platform trusted by professionals, Interactive Brokers. Their clients from over 200 countries and territories trade stocks, options, futures, forex, bonds and funds worldwide from a single integrated account.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
*Interactive Brokers Rated Lowest Cost Broker by Annual Online Review 2020

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at)

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'It's a worthwhile investment': Council set to vote on $129 million plan to revamp ByWard Market – CTV News Ottawa



While the COVID-19 lockdown has quieted the usually bustling ByWard Market, according to Councillor Mathieu Fleury, that’s not the only reason.

“For an area like the ByWard Market that’s so iconic and so important for our local economy, it’s a worthwhile investment,” says Fleury. 

In preparation to one-day welcome visitors back to the market, the Rideau-Vanier councillor says it’s a perfect opportunity to revamp the downtown hotspot.

“The best way the city can support it is in terms of beautification. In terms of renewal. In terms of having one look and feel in the public spaces. The sidewalks, the streets, the street furniture, the lighting, the benches, the trees,” says Fleury. 

Council votes Wednesday on a $129 million proposal to revamp the ByWard Market, including the roads and sidewalks.

“When you look at that you say, ‘well, OK that’s a big number’, and it is,” says Fleury. “But it’s really like redoing two main streets. Elgin street was $60 million, so redoing two Elgin streets.”

Restaurateaur John Borsten also serves as a member of the ByWard Market BIA, and says there’s no place in Ottawa worthier of an investment.

“If your family comes to visit you, from Toronto or Montreal or wherever, you’re going to end up in the market,” says Borsten. “It’s just a whole neighbourhood of activity there. You’re connected to the canal, you’re connected to the Rideau Centre and Rideau Street. It’s really the crux of the city there.”

Although the COVID-19 pandemic brought new challenges, Bornsten tells CTV News Ottawa it also highlighted where the market needed to make improvements.

“The amount of support from all angles, from the little stores, to the restaurants. People want to tweak it and they have some issues with parts of it. But far and away it’s got full support, which you never see,” says Borsten. 

Fleury maintains this heart of Ottawa is in dire need of a facelift. Council though will decide with a vote Wednesday.

“We really hope to see an entire district where there’s one common look and feel,” says Fleury. “It’s a welcoming space. All storefronts are occupied, and it’s friendly for everyone.”

 Borsten adds, “I think it’s going to happen. It’s just a question of how quickly.”

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