Four victories on the bounce for Philadelphia



Chase Utley and Ryan Howard hit consecutive home runs in the fifth inning as East-leading Philadelphia Phillies beat the San Diego Padres 5-3 in the National League to record a fourth consecutive win on Monday. Adrian Gonzalez hit his major league-leading 21st homer in the sixth before Scott Hairston's shot pulled the Padres to 4-3, but the Phillies added an insurance run in the eighth when pinch-hitter Greg Dobbs doubled with one out and scored on Shane Victorino's two-out double.

The Phillies stretched their lead over the New York Mets at the top of the East to one and a half games after Andy LaRoche contributed three RBIs as the Pittsburgh Pirates scored eight unanswered runs to beat them 8-5. Hanley Ramirez and Jeremy Hermida had RBI singles in Florida's five-run sixth as the Marlins rallied to beat the Central-leading Milwaukee Brewers 7-4. Cristhian Martinez (1-1) pitched 1 2-3 innings to earn his first major league win before Matt Lindstrom pitched a scoreless ninth to earn his 10th save in 12 opportunities.

St Louis failed to take advantage and remain a game behind the Brewers after Edinson Volquez left the field on his first start after coming off the disabled list, but Mike Lincoln and four other Cincinnati relievers allowed one earned run in eight innings as the Reds rallied to down the Cardinals 5-3. Elsewhere, Roy Oswalt recorded a season-high eight strike outs as the Houston Astros snapped a four-game losing streak at home with a 4-1 win over Colorado.

* PA Sport

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COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
 
 
 
 
 
 
 
How will Gen Alpha invest?

Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.

“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.

Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.

He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.

Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”

Jigra
Director: Vasan Bala
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
Rated: 3.5/5
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