Portfolio Rebalancing 101 Before we talk about why portfolio rebalancing can be bad, it is important to understand the rebalancing concept. It is also good to understand why most investment managers are in favor of the strategy. Rebalancing is the process of selling some assets and buying others to align your portfolio with a stated goal and target asset allocation. As an example, a manager may specify the percentage of all assets that should be held in stocks and what should be held as bonds....

Purpose of Building Codes Building codes or ordinances set minimum standards that must be met when structures are built or reconstructed. They help ensure that new or repaired buildings are safe, structurally sound, and resistant to natural hazards like wind and fire. Building codes are enacted and enforced by state or local governments. Building codes vary from state to state. Some are strict while others are lax. Some communities have no building codes at all....

When hiring a buyer’s agent, expect to see list-to-sales ratios within 90% to 99% in a buyer’s market; in a seller’s market: 100% to 105%. Again, these ratios are dependent on market value listings, and not all listings are market value. The agent should also agree to solely represent you and not represent other buyers who are competing for the same inventory. As a seller, you would like your agent to advertise weekly for you, perhaps do a little bit of targeted direct mail, send e-flyers, maybe produce four-color brochures, and present you with a marketing campaign designed specifically for you....

Here are some more tips on how to craft a resume, as well as some samples you can use to start yours. Tips for Writing an Email Cover Letter Write in paragraphs of about two to four sentences and use proper grammar and spelling, just as you would in any other letter. Perhaps more important than formatting, though, is the content of your cover letter. You can review these email cover letter samples below, but be sure to personalize them when you apply for jobs....

The average rate offered to homebuyers using a conventional 30-year fixed mortgage rose to 4.83% from 4.77% the previous business day and hasn’t been higher in over two years. (Our daily mortgage rate data only goes back to April 2021, but our data on yearly highs and lows dates back to 2020, so we know 4.83% was the highest it’s been since before 2020.) The average for a 15-year fixed mortgage rose to 3....

The average rate offered to homebuyers using a conventional 30-year fixed mortgage fell to 5.17% from 5.26% the previous business day, while the average rate for the 15-year inched down to 4.24% from 4.26% the previous business day. Earlier in the week, both had been at their highest points since at least 2019—5.28% and 4.30%, respectively. (Our daily mortgage rate data only goes back to April 2021, but our data on yearly highs and lows date back to 2020, so we know they hadn’t been higher in 2020....

The average rate offered for a conventional 30-year fixed mortgage rose to 5.77% from 5.67% the previous business day. Last month it reached 6.19%, its highest point since at least 2019, and likely much farther back. (Our daily mortgage rate data only goes back to April 2021, but our data on yearly highs and lows dates back to 2020, so we know rates weren’t higher in 2020, and if other measures are any indicator, may have hit their highest point in over a decade....

If you’re interviewing for a freelance or remote position or for any job with a virtual hiring process, you may have a longer and more in-depth interview. In these cases, a telephone interview may be the only actual interview you’ll have. Phone interviews are conducted just like in-person interviews. They are used by hiring managers and recruiters as a tool for screening candidates for employment. The Importance of Phone Interviews Phone interviews can make or break your candidacy for a job....

Try these job search strategies to expedite your search, find connections who can lend a hand, get your resume noticed, and ace your interviews, so you get job offers. One way to do this is to have a target list of companies you’d like to work for, and focus your efforts on making a terrific impression on the organization. The hiring manager will be able to immediately see why and how you are qualified for the job....

The Definition of a Tender Offer A tender offer is a public offer, made by a person, business, or group, who wants to acquire a given amount of a particular security. The term comes from the fact they are inviting the existing stockholders to “tender,” or sell, their shares to them. In effect, a tender offer is a conditional offer to buy. The individual or entity making the offer says, “I am willing to buy your stock at $[x] if you tender (sell) it to me, but only if a total of [y] shares are tendered to me by all stockholders....

What P/E Is P/E represents the ratio of a stock’s price to its Earnings Per Share, referred to as EPS. It’s an important metric if for no other reason than many people think it is. When a company’s P/E is very high or low, it gets top billing on the news. It snags a lot of attention. Metrics that examine a company’s price relative to its cash position are equally important, but they’re overlooked by many....

Nevertheless, these strategies work well when the markets trade within a narrow price range. The beautiful characteristic of these versatile option strategies is that they can be used by the bullish or bearish investor as well as by the market-neutral trader. Calendar Spread ABCD is currently trading at $65 per share. Believing that the stock price will rally towards $70 as the Dec. 18 options expiration date approaches, you buy an out-of-the-money calendar spread....

About the Walmart MoneyCard The Walmart MoneyCard is a reloadable prepaid debit card that you can use to make electronic purchases everywhere MasterCard or Visa debit cards are accepted. Your card will come with many of the same features as a checking account. Use your card for direct deposit, and get paid up to two days early. Use mobile check deposit to cash checks, and load them to your balance. Write checks against your balance to pay bills and other expenses, or use the card’s free online bill-pay service....

What Is a Bare-Bones Budget? A bare-bones budget is a budget that takes your spending down to the minimum required to survive and fulfill your financial obligations. It’ll get you through a rough patch, but it won’t leave you with a lot of extras in the meantime. What a Bare-Bones Budget Includes HousingUtilitiesGas: Only enough to get you to work and other necessary locationsDebt repayments: No more than the required minimumsFood: Essential grocery items onlyPhone: A basic landlineInsurance payments: Health, auto, life, and disability premiumsEssential family expenses: Daycare, school tuition, alimony, child supportPersonal care: Prescription medications, toiletries, work clothes, haircuts (as needed to look presentable for work)...

Since these assets don’t generate any cash, they can’t be used as collateral for loans or conversion into equity. Also, although noncash expenses do not cost a business any money, they still have a monetary value and are therefore very important and should be accurately accounted for. Examples of things that could incur noncash expenses include: Depreciation of assets such as machinery, vehicles, and buildingsRent and occupancy costs for leased buildings or office spaceInsurance premiums for things like general liability insurance, workers compensation insurance, fire, and theft coverage on propertyOffice equipment...

Voluntary Termination In a voluntary termination, an employee resigns from his or her job. Resignations occur for a variety of reasons that may include: a new job, a spouse or partner’s acceptance of a new job in a distant location, returning to school, an opportunity to take on a managerial role, and retirement. Voluntary termination can also happen when an employee stops showing up for work and doesn’t notify management. With valued employees, employers expend efforts on employee retention in their aim to limit preventable turnover....

Sectors are broken down into subcategories known as industries. This allows a closer grouping of similar businesses. For example, both Dollar Tree, a discount retail chain, and Tiffany & Company, a luxury jeweler, are included in the consumer discretionary sector. However, they are sorted into different industries. Why Sectors and Industries Matter Examining sectors and industries allows you to compare one business to its closest competitors. You may think a certain stock is a good purchase, but until you research its rivals, it’s difficult to know for sure....

The funds’ objectives in each class may vary, but each share class has similar expense ratios and investment minimums. Expenses Vanguard Admiral Shares have some of the lowest expense ratios and minimums on the market for mutual funds. The expense ratio represents the percentage of a fund’s net assets that the fund pays for portfolio management and other expenses. Keeping the expense ratio low helps increase your long-term investment returns, compared to similar funds with higher expenses....

There are two primary factors that affect bank CD rates. They are: The length of time until the CD maturesThe current interest rate environment Let’s look at these, as well as a few other factors. Length of Time The longer you’ll have your money tied up, the higher your rate will be. Check around, you’ll find that rates increase as the length of time increases (for example, an 18-month CD will pay more than a six-month CD)....

These abbreviations are typically shortened creditor names, industry acronyms, account types, and statuses. Becoming familiar with some of the most common credit report abbreviations can help you determine whether you need to take action to correct errors. What Is a Credit Report and How Do I Access Mine? Institutions that have issued you credit cards and loans send regular updates about your accounts to credit bureaus, also known as credit reporting agencies....