Learn how to calculate the dividend-adjusted PEG and how to interpret the results. Definition and Examples of the Dividend-Adjusted PEG Price-to-earnings-to-growth measures the value of a stock as compared to its growth rate. When dividends (or yields) are added to earnings growth, the PEG changes. When dividends are accounted for in a large corporation’s PEG, the result is a more accurate growth indicator. If a business doesn’t distribute earnings to shareholders, the non-adjusted PEG must be used....

Ariel Skelley / Getty Images To ensure lenders were appropriately following these acts, the HMDA was enacted, which required mortgage companies to maintain an open database of information regarding their mortgage applicants and their loans. Since its inception in 1975, the HMDA has seen a series of updates, which include requirements for new data points such as age, total points and fees, rate spread for all loans, origination charges, discount points, interest rate, and debt-to-income ratio, among many others....

Tasks described as “low-hanging fruit” are inconsequential to the larger challenges. Much like the easy but low priority items on your to-do list, they might be quick for you to dispatch but relatively insignificant given your larger challenges. And just as time management experts suggest, focusing on the most important priorities will yield the best results. Business professionals should avoid spending too much time reaching for low-hanging fruit Low-Hanging Fruit in Business Some of the goals you set for your organization will be easier to achieve than others....

Acronym: TRSAlternate name: 401(a) This pension plan provides guaranteed retirement income for its members, and is an important part of many states’ efforts to attract and retain quality educators. Currently, 37 states have a teacher retirement system, including Alabama, Arkansas, California, Connecticut, Georgia, Illinois, Indiana, Louisiana, Minnesota, New York, Ohio, Oklahoma, Texas, and Washington. Many of these funds make up the 100 largest public pension systems in the United States....

For example, say you decide to sell 15 shares of ABC stock trading at $99 per share. After you submit your sell order, your broker takes that sell order to the markets to find the best possible price. Your broker has options to execute that order at $98, $99, and $100. Since $100 is the best price available, the broker executes the sell order for you at $100 per share....

Travel insurance policies typically have named-perils coverage, meaning they cover only specific instances and losses under certain conditions named in the policy. Alternate name: Trip insurance How Travel Insurance Works Typically, your plan provider reimburses you for a covered financial loss after a claim approval. That means you usually pay for expenses out of pocket first, then receive your money back later. Say you purchase travel insurance for your family vacation to the Bahamas in August....

Definition and Examples of Unencumbered An unencumbered asset is free from underlying judgments, liens, or any other obligations. It is free and clear, and can easily be transferred to a new owner. If a property is encumbered, that means another individual or organization has an underlying claim on the property. This encumbrance could take the form of liens, legal judgments, or unpaid taxes. So an unencumbered property is one that is free from any of these other underlying claims....

Learn more about workplace flexibility, its benefits, and the skills that workers and employers use to stay flexible. What Is Workplace Flexibility? Workplace flexibility emphasizes the willingness and ability to adapt to change, particularly regarding how and when work gets done. In a flexible workplace, the needs of both employee and employer are met. Workplace flexibility is often used as a tool for retaining and engaging employees. It can also help an organization reach its goals thanks to improved productivity....

The longer time horizon puts data into a better perspective when considering how well an economy or an investment is doing. Let’s take a closer look at what year-over-year means and how it works. Definition and Examples of Year-Over-Year Year-over-year is a growth calculation commonly used in economic and finance circles. Comparing how a variable does from one year to the next is an important way for a company to know whether certain areas of its business are growing or slowing down....

Robo-advisors, including Wealthfront and Betterment, aim to take on traditional financial advisors. So how do they stack up? Where Robo-Advisors Shine There are areas where a robot is a far better money manager than either a DIYer or a financial advisor. In this case, the robot is a money management platform backed by a sophisticated algorithm. Here’s where robo-advisors come out on top. Fees and Minimums Once the company creates the algorithm, the robo-advisor has cheap (or no) ongoing overhead costs, whereas personal financial advisors need to earn a salary every year....

When shopping for a savings account, you’ll notice that some banks require a minimum deposit to open an account. Don’t worry if you can’t quite afford to put a lump sum in immediately. Not all banks set a minimum deposit requirement—and most minimums are relatively low and affordable, so the opening deposit doesn’t have to be a hurdle. How Much Money You Need To Open a Savings Account Whether your goal is to save for a house or car or fully fund your emergency savings, you can open a savings account well before you have the funds, and build toward your goal....

One kind of stock has been recently catching more attention of those who pay attention to less mainstream investments and niche stock sectors is a type of stock referred to as a “cloud stock.” We’ll go into different types of cloud stocks and different cloud stock companies in this article, but first, let’s take a look at what the cloud is. What Is the Cloud? Up until the internet age, a cloud was simply those white—and sometimes gray or black—things floating in the sky....

Learn more about what happens after you submit the FAFSA and what more you can do to prepare financially for college. Review Your Confirmation Page As soon as you submit your FAFSA online, you’ll see a confirmation page showing that your application has been received. The page will include estimates of the financial aid you might get from the schools you’ve listed on the form. Keep in mind that this is not a financial aid offer....

While no one wants to be involved in a solo car collision, it’s good to review what a single-vehicle accident might look like and why it can happen. It’s also wise to understand the steps involved in dealing with a one-car crash, as well as the best ways to reduce your chances of a single-vehicle accident. What Is a Single-Vehicle Accident? A single-vehicle accident involves just one car, truck, or other vehicle....

Remember that most industries are small worlds. You will want your soon-to-be former manager and co-workers to have good things to say about you during background checks and references. A well-written resignation letter ensures that everyone is on the same page about timing, transfer of responsibilities, and other important details. It’s also an opportunity to say thank you for the experience. Here are some tips on writing your resignation letter, including what to include and how to format it....

However, just because the payments are interest-free doesn’t mean you won’t have to pay any other costs. Learn more about how to use Afterpay and what to watch out for before choosing this option at checkout. How Does Afterpay Work? Afterpay allows you to set up payment plans during the checkout process for many retailers. These plans are all generally structured the same way: The purchase amount is split up into four payments made every two weeks over the course of six weeks, with the first installment due as you check out....

Is There a Credit Limit? No, the service doesn’t impact your credit score in any way, which can happen with other BNPL apps. However, your payment activity on the credit card linked to the service can affect your credit score. Instead, the retailer uses four main eligibility criteria: Because there’s no interest involved, the only benefit of paying off your balance early is to not have to keep track of upcoming payments, especially if you’re using the program for multiple purchases at a time....

Types of Information the Credit Bureaus Collect The credit bureaus maintain a number of details related to you and your credit history, starting from the time you opened your first credit account. For instance, the credit bureau collects information about credit accounts: your repayment history; the amount of credit you have available; the amount of credit you’re using; outstanding debt collections; and details on public records like bankruptcy, tax liens, foreclosure, and repossession....

What Is Withholding? Withholding is a general term for the amounts taken from employee pay for federal and state income taxes, and for FICA taxes (Social Security and Medicare). Some employees may not be required to have federal income taxes taken from their pay if their income is below a certain level. The IRS allows employees to claim an exemption from income tax withholding in a specific year if both of these situations apply: In the prior year, they had a right to a refund of all federal income tax withheld because they had no tax liabilityFor the current year, they expect a refund of all federal income tax withheld because they expect to have no tax liability...

Credit card dates you need to keep in mind can help you avoid late fees and avoidable interest payments, as well as get a better handle on your credit. Here are the most important dates to know and understand, and what each one means. Billing Cycle The credit card billing cycle is the length of time transactions are counted toward a single monthly bill. This period typically ranges from 28 to 31 days, and it can depend on the issuer....