What Is Scalping in Investing?
admin Key Takeaways Scalping is a day trading strategy that involves making many small-profit trades rather than fewer large-profit trades. Scalping is one of the shortest-term trading strategies, and many positions…
Vacation Home Appeal Falls Off as Mortgage Rates Spike
Summer’s coming, but a sharp uptick in mortgage rates and sky-high home prices are putting a sudden chill on demand for vacation homes. An index measuring homebuyer interest in vacation…
What Is Fractional-Reserve Banking?
Key Takeaways Fractional-reserve banking is a system that allows banks to keep only a portion of customer deposits on hand while lending out the rest. This system allows more money…
Professional Resignation Letter Examples
Are you ready to resign from your job? When you resign from employment, it’s a good idea to provide the company with a professional resignation letter informing your employer that…
What Is Car Storage Insurance?
Key Takeaways There is no specific “car storage insurance” policy. The term refers to the practice of minimizing your coverage while your car is stored away. You will need a…
What Is a Health Reimbursement Arrangement (HRA)?
Key Takeaways A health reimbursement arrangement (HRA) is an employer-owned health savings account that can help pay some of your medical expenses. Your employer has a lot of control over…
What Is a Draw Schedule?
A construction draw schedule is an agreement between the lender, builder, and borrower that outlines when the builder will be paid for their work. In construction projects, payments are made…
The History of NAFTA and Its Purpose
The purpose of the North American Free Trade Agreement (NAFTA) was to reduce trading costs, increase business investment, and help North America be more competitive in the global marketplace. The…
Fewer Homes Sell in February as Mortgage Rates Rise
Higher mortgage rates depressed home sales in February and an index measuring the outlook for the US economy improved slightly, reports showed Friday. Here’s a quick look at the most…
Steps for Young Adults To Open and Maintain a 401(k)
In your 20s and even in your 30s, retirement seems like a long time away, but the fact is, someday you may (most likely, you will) want to stop working…