Uncategorized

Your investing style and tolerance for risk can help determine what type of stock mutual funds you invest in. The two main types of funds ” growth and value ” have different characteristics that can match your investing style.

Owning a mix of both funds is probably a smart move, but it can still be worthwhile to understand how each fund works. Here are some short explanations of growth vs. value funds:

Characteristics

Growth businesses are likely to reinvest profits, instead of paying out dividends to shareholders, as a way to grow. Growth stocks can be seen as expensive and overvalued.

Growth stocks tend to be newer companies with products that are expected to be in high demand in the future.

Value funds are stocks that are undervalued by the market, meaning their prices dont reflect their fundamental worth. They can trade at a lower price when compared to their fundamentals.

Value stocks can be undervalued for various reasons. An earnings report can have some bad news or a company may fall on hard times.

Measurements

Growth funds are expected to have faster than average growth in revenues, earnings or cash flow. They often have above-market price-to-earnings and price-to-sales ratios as higher sales and earnings justify higher valuations.

Value companies have lower-than-average sales and earnings growth rates, lower dividend yields, and lower price-to-earnings ratios.

Returns

Growth funds are expected to offer higher returns than the overall market when stock prices are rising overall, while underperforming the market when stock prices drop.

Value funds focus on perceived safety instead of growth, and often use their earnings to pay dividends. This allows value funds to provide more income than growth funds, though they can appreciate long-term if the market recognizes their true value.

Risk

Growth funds generally have a higher risk than value funds, and thus require a higher tolerance for risk, and a longer time horizon, than value funds. The increase of growth funds may not always be realized.

Value funds have the risk of possibly never realizing their intrinsic value. The market may have correctly priced such companies, preventing them from gaining in price.

Whichever investing style you choose, be sure to carefully study the companies you want to invest in and understand the fundamentals behind them before putting your money into them.

Published with permission from RISMedia.

The foundation provides support for your entire house, so keeping it level and in good condition is critical to the protection of the entire structure and the safety of your family. A foundation can become damaged by a variety of problems and natural occurrences. If you notice any of these warning signs, you should have your foundation inspected as soon as possible.

Cracks
The most glaring sign of a foundation problem is cracking in the foundation, walls or floors. This can be a result of movement in the soil that causes the house to sink. Even if a crack appears small, it can indicate that there is a serious problem. This should be addressed as soon as possible.

Settling or Heaving
You may notice that the house is settling or sinking on one side. This indicates a significant foundation problem that can result in safety issues. Ignoring even a small change will only allow the problem to get worse.

Sometimes the opposite happens and the foundation moves upward. You may notice that hallways, doors or garage walls are no longer level. This problem can be caused by expansion and contraction of the soil under the house or by moisture issues.

Moisture in the Crawl Space
You may notice excessive moisture, mold and mildew in your crawl space and may smell a musty odor inside the house. This problem can be addressed by improving the drainage system.

Problems Inside the House
The floors may sag or become uneven. This can be dangerous, especially for children and people with limited mobility, because it raises the risk of falls and injuries.

You may notice that the doors are difficult to open and close or do not line up properly. While this is common after a heavy rainstorm because of moisture in the air, if it happens during dry weather, it could be a sign of an issue with the foundation. You may see gaps around the window frames or exterior doors, or you may no longer be able to lock doors”this creates obvious safety concerns.

If you notice that your cabinets and counters are separating from the walls, that is a sign of a foundation problem. Even a small amount of movement can indicate that there is a serious issue.

Have Your Home Inspected
A foundation problem is something that needs to be taken seriously. Even something that seems like a minor change can be a sign of a significant structural issue. If you notice any of these signs, contact a local contractor immediately to have your house inspected. It’s necessary to correct foundation issues quickly to avoid further problems and prevent major structural damage.

Published with permission from RISMedia.

A poor credit score can affect people in many ways. It can make it difficult to get approved for a mortgage or other type of loan, and can lead to paying higher interest rates on those loans and on credit cards. It can also make it hard to get a cellphone contract or rent an apartment.

By paying off a high credit card balance, borrowers can improve their credit score and, over time, start to see lower interest rates offered to them.

Those with bad credit can pay $4,975 more in interest on their credit card debt than those with good credit, according to a report by Syracuse University.

One option for paying off a massive credit card debt is to get a personal loan from a lender. Keep in mind, personal loans are often expensive, so users may want to limit them to emergencies.

Personal loans come in two forms: secured and unsecured. A secured loan requires collateral that can be taken by the lender if you dont repay the loan, such as a home or a car. An unsecured loan doesnt require collateral, making it a higher risk for the lender and thus a higher interest rate for the borrower.

Applying for a personal loan usually requires information such as your employment history, monthly bills, pay stubs, tax returns for the last few years, a list of unsecured debts like credit cards, and a list of assets and how youre paying them off, among other things.

A lender will determine if you can afford payments for a personal loan. Having bad credit can make proving your repayment ability difficult, but this can be overcome by showing proof of payment history for other loans or assets. The same goes for showing youve paid your monthly bills on time. A steady job and living in the same home for a long time can also work in your favor.

The repayment term for a personal loan varies between 1 ” 5 years. Ask how much the monthly payment will be and how much interest youll be paying over the life of the loan. The lender will likely charge you fees, which can include origination, late, personal check and returned payment fees.

Published with permission from RISMedia.

If you plan to repaint your interiors this year, don’t forget to pick a hue that will positively impact your mood. While bright red or neon green may be fun, they can subconsciously create stress in the body. Below are five peaceful paint colors to up the “ahhh” factor of your favorite spaces.

Violet
A dusty purple can promote balance and inner peace. Make sure to pick a shade with more blue tones and less black for a relaxing vibe.

Green
While a neon green can be alarming, a less bright shade (think forest or grass) can be calming and refreshing.

Gray
While some may think gray is dull, it actually has been shown to be a soothing, stress-free color. Plus, it goes with nearly any accent hue, so you can get creative with accompanying colors.

Blue
Choose a gentle ocean blue in the bedroom for a restful night’s sleep. Known to reduce tension, opt for a lighter shade when choosing your blue.

Yellow
A rich, buttery yellow can brighten your spirits. Perfect for bathrooms and kitchens, paint your whole space or a singular accent wall and soak up that sunny disposition.

I hope you found this helpful. Contact me for more home and real estate insights and info.

Published with permission from RISMedia.

Owning a home is infinitely rewarding but issues do pop up, and theres no need to call a handyman every time something goes haywire. The home repair experts at HGTV suggest four things every homeowner should know how to do:

Change smoke detector batteries. Do this twice a year or anytime you hear a loud chirping. Get up on a ladder and twist the body of the unit off the bracket. If it isnt hardwired, it will completely remove. Change the battery and twist it back in place.

Find the main water shut-off valve. If you ever come home to a flooded floor, you need to be able to shut off the water to the whole house ASAP, especially if the source of the water leak is unclear. Thats why every homeowner should know where her main shutoff valve is, and every home is different. Look near the perimeter of the house at ground level nearest your water meter. The shutoff valve might be in a basement, crawlspace, closet or garage, but should never be covered over with drywall. Look for an access panel or hose bibb (a threaded faucet.)

Change the air filters in your HVAC system. Locate your return air intake and open the door by releasing the clips at the top of the frame. The disposable filter rests just inside. Note the size and/or take it with you to the home store for comparison. Bring a stack of new filters home, slide a new one in place and close and latch the door.

Find a wall stud. If youre hanging a picture or shelf, you need to be able to locate a wall stud to nail into for support. You can shell out the 20 bucks for a battery-powered stud finder, but there is a simple alternative. Start by locating an electrical outlet along the wall, since the receptacles are typically fastened to one side of a stud. Studs should be located every 16 inches or so, although yours may vary. Tap on the drywall”it should sound hollow as you move to the left or right. As the sound changes, that indicates where the stud is.

Published with permission from RISMedia.