Candlesticks are popular because of their superior visual appeal when compared to bar or line charts. Each candle represents the passage of a certain amount of time or the completion of a certain number of trades. You can select the time frame or number of trades in the settings for your chart provider. Popular candlestick time frames for day trading are one minute and five minutes. The set number of trades that must be carried out before a new candle starts to form is collectively known as a tick....

Exempt employees are expected, by most organizations, to work whatever hours are necessary to accomplish the goals and deliverables of their exempt position. Thus, exempt employees should have more flexibility in their schedules to come and go as necessary to accomplish work than nonexempt or hourly employees. Exempt employees also expect to have more opportunities to telecommute or work from home since the requirement to accomplish a whole job is not always dependent on the employee’s working location....

Surveys report that 70% to 80% (some even as high as 85%) of job seekers say that networking has helped them find a new job. However, this doesn’t mean that every networking success story involves a direct connection. Sometimes, it’s less about who you know, and more about who your friends know. A letter of introduction is one way to forge a new connection. Types of Introduction Letters There are two types of letters of introduction....

How Do I Know Whether My Purchase Qualifies? There aren’t many rules when it comes to what counts as like-kind real estate. In fact, it’s quite simple. To qualify, the property needs to meet both of the following criteria: The size, value, level of development, and other factors don’t play a role. And since the rule falls under the purview of the U.S. tax code, the property has to be in the U....

Too many students are graduating in the red and facing difficult financial choices when they are just starting out. Take steps to avoid this by focusing your attention on five areas that have the potential to influence your financial future. As long as your essentials are covered—rent or room and board, food, tuition, books, supplies—you can still enjoy your college years. Putting off some of your wants until you’ve got your first real job (and real paycheck) may be necessary in order to abide by your budget....

Money market investments offer a similar stream of passive income, but they come in two types: accounts and funds. These money market products offer more flexibility, while CDs guarantee an interest rate throughout the lifetime of the CD. Here’s an overview of how CDs compare to money markets and how to decide which is right for you. What’s the Difference Between CDs and Money Markets? Money market accounts are similar to savings accounts in that they’re typically FDIC-insured as long as the institution offering the account is FDIC-insured....

The IRS, posting online guidance on the federal government’s new expanded 2021 child tax credit Wednesday, said those who qualify don’t have to do anything to get regular monthly payments between July and December. Income eligibility will be based on 2020 tax returns, or, if those aren’t filed and processed yet, 2019 returns. The monthly payments of up to $300 will be an advance, since a 2021 tax credit wouldn’t normally be available until after 2021 tax returns are filed next year....

blackwaterimages/Getty Images As is the case in nearly every investing scenario, the primary factors involved in deciding how to invest in certain types of securities depend upon the investor’s financial goals and personal preferences. In other words, the answer to the question of whether you should invest in no-load mutual funds begins with a two-word answer: “It depends.” What Is a Mutual Fund Load? A mutual fund load is a fee charged when an investor makes a transaction in fund shares....

There are two options: original equipment manufacturer (OEM) parts and aftermarket parts. In most cases, both types of parts are options for repairing your vehicle after an accident. However, your car insurance will dictate the type of parts you can use if you want the repair to be covered in full. Learn the differences between OEM parts and aftermarket parts before getting your car fixed. What’s the Difference Between OEM Parts and Aftermarket Parts?...

It can be a very important consideration. Approximately 70% of families have lost their wealth by the second generation, and this number jumps to 90% by the third generation, according to the Texas law firm of Romano & Sumner. Leave Assets Outright Giving adult beneficiaries their inheritances in one lump sum is often the simplest way to go because there are no issues of control or access. It’s just a matter of timing....

Immigration provisions in the BBB could change the lives of millions of undocumented people, who in turn through their economic contributions could add billions to the U.S. economy every year. The House voted to pass the BBB in November last year but the bill is yet to be approved by the Senate. In its survey, The Balance specifically asked respondents about two key immigration provisions of the BBB—awarding work permits to undocumented immigrants who have been in the U....

Here are a few reasons behind the enduring power of the dollar. They explain why no other currency will quickly replace it. 1944: The Dollar Is Declared the Global Currency After World War II, the world’s developed countries met in Bretton Woods, New Hampshire, to create a more stable monetary system. In the Bretton Woods agreement, they promised to tie the value of their currencies to the U.S. dollar. The United States agreed to redeem any dollar for its value in gold....

The Previous Balance Method Explained The previous balance method of calculating your finance charges uses the balance at the beginning of the billing cycle to calculate your finance charge for that billing cycle. This means none of the activity that takes place with your account during that particular monthly billing cycle will affect your finance charge costs. A benefit of the previous balance method is that any charges made to your account during the billing cycle won’t lead to a higher finance charge....

Despite its popularity, P/E is just one tool. Another financial ratio that’s often overlooked is the price-to-cash-flow ratio. Using it may help you find undervalued stock opportunities. How Do You Find the Price-to-Cash-Flow Ratio? The price-to-cash-flow ratio is simple to find. All you have to do is take the current share price; then, divide it by the total cash flow from operations found on the cash flow statement. Some prefer to use a modified price-to-cash-flow ratio....

Here’s a quick look at the most significant economic indicators of the day and what they tell us. ADP National Employment Report The U. S. private sector added just 128,000 jobs in May, according to payroll processing company ADP. That’s the smallest number of jobs added since the mass layoffs of April 2020, and far fewer than the nearly 300,000 economists were expecting. Service providers such as education and health care workers saw the most growth in May’s figures, which were down nearly 37% from last month’s revised 202,000....

These are the advantages for employers and employees that negotiating a flexible work schedule provides. Employee Flexibility With flexible work schedules, employees stand to experience a good number of benefits. One that many workers point to first is the flexibility to meet family needs, personal obligations, and life responsibilities conveniently. If you have a flexible schedule, you can go to a parent-teacher conference during the day, take a yoga class, or wait at home until the washing machine repair person comes....

Roth IRAs offer tax-free income in retirement, but they aren’t always the best choice for everyone. Learn when Roth plans make sense for investing toward retirement, and when they don’t. Pros and Cons of Roth IRAs Roth IRAs are a popular way to save for retirement because of their tax advantages and flexibility with withdrawals, but there are some downsides to consider as well. Advantages of Roth IRAs Tax-free income is an attractive strategy for retirement, and a Roth IRA is one of the few ways you can invest toward tax-free income for retirement....

First, Fed Chairman Ben Bernanke boldly announced the nation’s central bank would maintain expansive monetary policy until certain economic conditions were met. In this case, it was until jobs improved substantially. The only other time the Fed did anything like this was when it set an informal inflation rate target of 2%. It added much-needed certainty, and therefore confidence, to boost the economic engine of growth. By setting an employment goal, the Fed took a second unprecedented action....

It’s also important to observe the appropriate guidelines for your resignation letter. These include using a business letter format and a standard font, such as Arial or Times New Roman. Here’s what to include in a resignation letter, what not to include, and templates and samples of resignation letters and email messages. Elements to Include in a Resignation Letter The fact that you’re resigning.The date of your last day on the job....

But choosing the right words doesn’t just show what you have accomplished in previous jobs. These words also help your resume, cover letter, and other application materials get selected by the software and hiring managers who screen your documents. What Are Resume Action Verbs and Keywords? Action verbs show your ability to succeed. For example, words like accomplished, developed, managed, and handled describe what you have achieved. Keywords are the words you use to search for available positions....