Direct and Indirect Stock Index Calculation A stock index might consist of 25 individual stocks. Their prices could be added together (e.g., price of stock #1 + price of stock #2 + … = price of a stock index). This is how a direct stock index price calculation works. What’s more common is the indirect method of index price calculation. In this case, the prices of the 25 underlying stocks are averaged....
What Happens If You Lose Good Standing Keeping your in good standing allows you to enjoy the privileges and benefits of your credit card account, e.g. making purchases up to your credit limit, redeeming credit card rewards, etc. However, once you lose your good standing, and it can happen sometimes with just a single late payment, you’ll suffer some consequences. Fees are added to your bill. For example, if you are as little as one day late on your credit card payment or your payment is less than the minimum....
Global trade means the supply of goods from affected areas could be threatened. Investors expect greater returns on new investments the longer an outbreak lasts to compensate for higher risks. COVID-19 Pandemic (2019–2021) On March 11, 2020, the World Health Organization (WHO) declared COVID-19 a pandemic. COVID-19’s estimated mortality rate is between 3% and 4%, worse than the seasonal flu’s 0.1% rate. One reason is that the incubation period is longer, up to 14 days....
Responsibilities, and hence a higher pay grade, are extended to employees who manage the work of other employees. Growing levels of management responsibility experience increasing levels of pay within the pay grade. Pay grades provide a framework for compensation by defining the amount of pay available at each step in the employment process. Pay grades take the place of salary negotiation, particularly in public sector employment where fairness trumps contribution....
Let’s look at how reverse mortgages work, about the different types of reverse mortgages, and whether this type of loan may be right for you. How a Reverse Mortgage Works A reverse mortgage allows you to access the equity in your property if you’re age 62 or older. You can use that money for any purpose, such as toward retirement living expenses or to pay health care costs. Unlike other home equity loans, these mortgages don’t require repayment until you die or sell the home....
This involved exchanging some of their home country’s currency for another at a bank or foreign exchange broker, and they would receive their foreign currency at the current exchange rate offered by the bank or broker. These days, when you hear someone refer to foreign exchange trading or forex, they are usually referring to a type of investment trading that has now become common. Many people wonder how foreign currency trading, often shortened to forex trading, works because they’re interested in learning how to trade currencies for themselves....
What Is Freelance Writing? Freelance writing is the practice of writing for money while working on one’s own and not being employed by a company or organization. Freelance writers produce whatever written text is needed by their clients, either working from home or in a rented office space. Writers can have many different clients, or one very large client with a lot of steady, ongoing work. You can be a generalist, covering topics as diverse as automobiles and architectural design....
alashi / Getty Images Hedging is an important tool when it comes to running a business from either of those perspectives. A hedge will guaranty a consumer a supply of a required commodity at a set price. A hedge will guaranty a producer a known price for their commodity output. Many factors come into play when seeking to hedge against commodity price volatility. Essentially, prices are driven by either market factors, such as supply and demand, or non-market factors, such as the weather or geopolitical issues....
Learn more about what’s included in compensation, how organizations figure out what a role is worth, and how you can use that knowledge to negotiate a better package offer. Factors That Determine Compensation Every employer determines compensation in a slightly different way. But in general, offers are based on both internal and external factors. For example, sales execution platform Outreach bases its compensation on current peer group market data and in-house salary ranges by job and level, explained Pamela Mattsson, the company’s SVP for People and Organizational Development, in an email with The Balance....
Upon approval for a home equity loan, you’ll receive the amount as a lump sum, which you’ll repay through monthly payments over a set term. But how long of a term can you expect for a home equity loan? Here’s a look at the typical range of terms offered by lenders and how different term lengths will affect your overall costs. Typical Home Equity Loan Terms The term length of a home equity loan tells you how long you’ll have to repay the amount you borrowed....
When it’s time to get your own coverage, it’s important to know how to get a policy and understand the type of plan that will best fit your needs. Some plans offer more affordable premiums, while others pay more health care costs. But what’s most important is that you continue health insurance coverage, even if you’re young and healthy. When You Will Lose Health Insurance Through Your Parents The Affordable Care Act (ACA) mandated that children are covered by a parent’s health insurance plan until the child turns 26 if the parent’s health plan offers coverage for dependents....
The amount of time you can expect to wait for a credit card balance transfer will depend on the card issuers you’re working with and whether you’re opening a new card or transferring a balance to an older account. For New Cards, Expect a 2- to 3-Week Wait On average, a balance transfer on a brand-new credit card takes about two to three weeks from start to finish. So if you’re transferring a balance in order to reduce your card payments, don’t expect immediate relief....
What is Full-Time Employment? The determination of what constitutes full-time employment depends on the company’s policy and practice of defining full-time employees with the exception of designations under the Affordable Care Act (ACA). According to the American Time Use Survey, full-time workers put in 8.5 hours on average during a typical workday. So how many hours a week are you expected to work if you are a full-time employee? Even though many people consider 35 or 40 hours a week full-time, the number of hours you are expected to work can vary depending on your employer....
When a couple gets married, they’re usually in it for the long haul. However, not every marriage lasts forever. And no one plans to pay for a divorce. But research shows that for every 1,000 marriages, about two end in divorce, according to data from the Centers for Disease Control and Prevention. A divorce can have a major emotional toll on the family involved. However, it can also have a large financial impact....
Average Space Requirements Space requirements can vary tremendously by company, by industry, and even by geographic area (think space-pressed Manhattan vs. spread-out Houston, for example). And then there’s the significant matter of office style. At one end of the spectrum—much in vogue these days—is the open space plan, which has no private offices: Everyone sits together, in one large room, in cubicle clusters or at tables. At the opposite end of the continuum is the traditional hard-wall layout, full of private offices, large conference rooms, and support rooms such as libraries, kitchens, and file rooms; though not as hip, professions requiring privacy and confidentiality—law firms and financial institutions, for example—prefer this sort of workplace....
Retirement Planning Is Personal Personal retirement plans are meant to be just that: personal. Lifestyle choices go a long way in figuring out how to create the most accurate estimate of your future income needs and wants. Your current health, life expectancy, and any debts can drastically change your future income needs. With so many different variables about how much you should have in savings, you can follow some general retirement savings benchmarks....
Travel insurance helps protect you against losses due to trip cancellations, the costs of medical care at your destination, if needed, and more. However, the amount of coverage you need will depend on a variety of factors. Learn more about travel insurance and how to determine how much to purchase. Types of Travel Insurance What does travel insurance include? Here’s a closer look at the common types of coverage offered by travel insurance companies: Trip Cancellation Coverage If you plan a trip then have to cancel it because of a covered reason (such as a family member becoming ill or passing away), this insurance will reimburse you for your prepaid travel expenses....
Therefore, you must think carefully about how much you should take out in student loans and what loan you should get. Make these considerations when determining the ideal amount to borrow. Evaluate Non-Loan Options Funding for school can come from three main sources: free money, such as scholarships and grants, earned money, work-study or another job, and borrowed money from a loan. It makes financial sense to accept free money first, then earned money, and finally borrowed money....
While your response won’t necessarily tell interviewers exactly how you’d handle a problem at work, it will reveal how you think about adversity and your ability to overcome it. It will also show whether you can deal with conflict. No one likes to talk about their shortcomings with a stranger, and your attitude will show whether you’re able to navigate these challenges. What the Interviewer Wants to Know Interviewers want to learn how you maintain your composure, attitude, energy, and focus when you aren’t successful....
Applying for a job on Indeed is pretty straightforward. Learn how to search for and apply for a job, as well as how to post your resume on Indeed. How to Start Searching for Jobs When you visit Indeed, you will see a simple search engine where you can enter keywords to find job vacancies. Enter terms like job titles, company names, career fields, skills, and certifications in the box labeled “What” and cities, zip codes, or states in the box labeled “Where....
