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So if you are ready to take the aerospace and defense sectors ETF plunge, here are some vehicles worth considering: ITA — iShares Dow Jones U.S. Aerospace & Defense ETF This ETF tracks the Dow Jones U.S. Select Aerospace & Defense Index. Its 35 holdings include stocks like Boeing (BA) and Lockheed Martin (LMT). Its business involvement metrics is 35.50% of controversial weapons and 24.32% of nuclear weapons. For more information, you can check out the ITA fact sheet on the iShares website....

First, a quick review. A stop-loss order placed with your broker is a way to protect yourself from a loss, should the stock fall. The stop-loss order tells your broker to sell the stock when, and if, the stock falls to a certain price. When the stock hits this price, the stop loss order becomes a market order. A market order instructs your broker to sell immediately at the best possible price....

Zelle, on the other hand, is a service that you might already have access to through your bank’s mobile app. For those looking for the easiest way to quickly move money between friends and family, Zelle is worth exploring. How Zelle Works Put simply, Zelle moves money from one bank account to another. If your bank has a relationship with Zelle, its service will be integrated into your bank’s mobile app....

When you get an auto loan, the vehicle that you purchase secures the loan and your lender can repossess the vehicle and sell it if you stop making payments. The sales proceeds go toward paying down your loan. Taking the initiative and returning your car to your lender—also known as a voluntary repossession—might be a good option, but it’s important to understand how the process works before you drop off the keys....

Investors enjoyed the passive income made possible by investing in Series HH bonds. These bonds came with face values of $500, $1,000, $5,000, and $10,000. How Do Series HH Savings Bonds Work? When an investor bought a Series HH savings bond, they received a paper certificate that detailed their purchase. If that investor wanted to cash in the bond early, then they needed to return that paper certificate. While an investor held Series HH bonds, they would receive interest payments every six months....

“Stonks is just a goofy, often sarcastic way of saying/spelling stocks,” J.J. Wenrich, certified financial planner (CFP) and author of the book “Teaching Kids to Buy Stocks,” told The Balance via email. The word was first introduced in 2017 when it was used in an internet stock market meme, according to the website Know Your Meme. In the original meme, a cartoon person wearing a suit stands in front of a graphic showing stock market numbers....

Chief diversity officer is a relatively new position, but it’s gaining traction as companies seek to create more diverse, inclusive workforces. Executive diversity and inclusion job titles have increased 113% since 2015, according to data from B2B intelligence platform ZoomInfo. Nearly 40% of Fortune 500 companies now have executives dedicated to DEI. Often reporting to the president of the organization, chief diversity officers work at private-sector companies, government agencies, and educational institutions....

The Good Brigade / Getty Images Fortunately, a home warranty can protect your home’s systems and may save you money in the long run. You can even purchase one for a home you’ve lived in for years. But home warranties aren’t perfect; they have limits and exclusions, and don’t cover your home from foundation to roof. However, they do offer great protection that most standard homeowners insurance policies don’t provide....

But does your teen understand the costs of owning a car? They may have a front-row seat to the frustrations of your own car ownership experience. However, like the hassle of getting repairs after an accident, they probably don’t know the amount of money you routinely pay each month to keep your vehicle on the road. Parents need to start educating their kids about car ownership costs before they start driving....

The fact is that uninsured motorists are an expensive proposition for both the state and their fellow drivers. The state government needs to collect revenue and keep drivers safe, and it does that through the penalties and fines you’ll likely incur if you’re caught driving without insurance in Georgia. If you plan on driving a car on a public road in Georgia, you need to have car insurance. It’s just not worth the risk to yourself, other drivers, or your wallet to do otherwise....

Understanding the Estate When a person dies, all of that person’s debts and assets combined make up their estate. It’s the total monetary value of everything they owned at the time of their death, including checking, savings, and investment accounts, as well as land or businesses in which the person had a controlling interest. This estate will pay off the balance of outstanding debts, including any car loans, using the available assets—if there are enough funds to do so....

Before the wedding day, it’s wise to wait on combining your finances, as there are legal protections that allow married couples to safely combine finances. Once you are married, though, merging your finances allows you to work together toward your financial goals more easily. You can have the tax advantages of filing your tax return jointly, and also plan your savings and retirement goals together. Still, sometimes a spouse may be reluctant to combine finances with their partner....

Think of it like this: If you’re working in your kitchen and the knife slides off the counter with the sharp end pointing down, you’re likely to cut your hand if you try to catch it. Stock prices are impacted by a number of factors. Falling knives are oversold stocks that are falling more than the fundamentals would support because of a recent news item or bad earnings report....

Alternate name: Account disclosures Understanding the fees a bank charges makes it easier for you to shop around and find the account that’s right for you. How a Bank Account Schedule of Fees Works When you open a new checking or savings account, the bank is required to give you a schedule of fees that explains all potential charges. For example, online banks have less overhead, so they usually charge fewer fees than traditional banks with physical branches....

This concept of being a breadwinner can come into play for tax purposes. For example, a single parent might be the breadwinner of their home. In this case, they might qualify to file as head of household for tax purposes. Still, they would need to meet certain conditions, such as paying more than half the costs—e.g., rent and utilities—to keep up a home. Being a breadwinner also can affect other areas, such as qualifying for disaster unemployment assistance (DUA)....

Alternate name: Business structure A freelancer might form a limited liability company (LLC) to protect their personal assets from liabilities incurred by their business. They would do that by filing paperwork with the appropriate state agency and paying a small fee in most states. How Business Entities Work Choosing a business entity is one of the first steps that a business should take. It affects what tax forms you’ll file and what would happens if your business were sued....

You’ll be able to be reimbursed throughout the year from this plan for any qualifying expenses. Keep in mind that you can only change your election if you have a qualifying life circumstance. Qualifying circumstances can include marriage, divorce, or a change in employment. Qualified benefits eligible for cafeteria plans include: Health insurance premiums (excluding Archer medical savings accounts or long-term care insurance) Accident insurance Adoption expenses Dependent-care expenses Group term life insurance coverage Health savings accounts, including long-term care services Flexible spending accounts (FSA)...

Alternate name: Broker loans, broker overnight loans One example of a call loan is when a broker borrows money from a financial institution to purchase stock for a client who wants to invest on margin. Buying a security on margin means purchasing it with borrowed funds and using it as collateral. Using an investment like a stock as collateral guarantees the loan and limits the lender’s risk. The broker could continue to borrow money over time, or the lender could demand repayment immediately, perhaps requiring the security that was used to guarantee the loan be sold....

Alternate name: Time deposit accountAcronym: CD For example, Bank of America (B of A) offers certificates of deposit with terms between 28 days and 10 years. B of A lets you open a CD with $1,000 and offers rates of up to 0.05% depending on the CD you choose. How a Certificate of Deposit Works A certificate of deposit works precisely like a savings account, except that you agree not to access the funds in the account until the maturity date....

The land value tax is in place in numerous cities in the United States as of 2021, and it’s been proposed in others. Learn how the land value tax works and what impact it may have in the place you live. Definition and Examples of a Land Value Tax A land value tax is based solely on the value of unimproved land, without consideration of any buildings or other structures erected upon it....