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الأربعاء، 2 أغسطس 2017

Why Did DeVos Just Scrap Plan to Reduce Student Loan Servicers From 9 to 1?

Months after announcing plans to reduce the number of companies that service student loan repayment to reduce costs, Department of Education Secretary Betsy DeVos is shifting gears.

DeVos is dropping her widely criticized plan to reduce the number of companies with government contracts to service student loans from nine on one.

According to a POLITICO report, when hiring A. Wayne Johnson as the chief operating officer of Federal Student Aid, the department renewed its commitment to customer service. In the past, improved customer service meant centralized servicing. Moving forward, the plan is to focus on technology to improve borrower experience.

Specific details about how the technology will work have not been released because the new system is not yet complete. But so far, the plan is to store all student loan data in one portal so every borrower and servicer can access the information the same way no matter who is responsible for servicing the loan. The new system is expected to open in 2019.

The overall goal is create a more consistent experience for borrowers.

“To improve customer service, we will take the best ideas and capabilities available and put them to work for Americans with student loans,” Johnson said in statement released Tuesday. “When FSA customers transition to the new processing and servicing environment in 2019, they will find a customer support system that is as capable as any in the private sector. The result will be a significantly better experience for students — our customers — and meaningful benefits for the American taxpayer.”

The new system, which is called the FSA Next Generation Processing and Servicing Environment, will house all student loan information in one place and still allow multiple servicers.

“FSA expects these contemplated changes to the servicing and processing environment to provide the opportunity for additional companies to submit proposals for contracting with FSA,” the announcement said.

DeVos Is Right — Student Loan Servicing Does Need Fixing

When DeVos started the conversation about changing the way the federal government manages the more than 42 million borrowers responsible for repaying $1.3 trillion in student loan debt, she was right about one thing: The system was broken.

It was clear when you looked at the mountain of complaints borrowers made to the Consumer Financial Protection Bureau about missing out on the benefits of the Public Service Loan Forgiveness Program due to servicer mistakes and misinformation.

It was clear when borrowers filed a lawsuit against student loan servicer Navient for pushing them toward forbearance instead of income-based repayment plans.

Although there was a general agreement that student loan servicing needed improvement, DeVos’ initial plan to consolidate servicing struggled to gain support.

Elected officials and members of the loan-servicing industry fought back almost immediately.

They argued that reducing the number of companies who service loans would actually result in terrible service for borrowers, less oversight, limited consequences for poor management of student loans and a too-big-to-fail government contract for a single company, according to POLITICO.

While Democrats are still skeptical of how DeVos’ new plan will work, the departure from the single-servicer plan has bipartisan support — for now.

As the Department of Education builds the new portal, it will seek the advice of “various stakeholders and industry technology leaders,” POLITICO reported.

Desiree Stennett (@desi_stennett) is a staff writer at The Penny Hoarder.

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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The Frightening Reason 263,000 Glittery iPhone Cases Just Got Recalled

If you squeal “ooh… sparkles!” every time you see something shiny or glittery, you probably need to look closely at your cell phone case.

MixBin Electronics has recalled 263,000 glittery cell phone cases due to 24 reported cases of skin irritation or chemical burns. The cases, which fit the iPhone 6, 6s and 7, were sold between October 2015 and June 2017 at popular retailers like Amazon, Victoria’s Secret and Nordstrom Rack.

The phones feature glitter floating in a liquid within the case. Pretty, right?

Unfortunately, if that liquid leaks out, it can burn your skin. One person claimed the liquid caused permanent scarring, while another reported burns and swelling to their face, neck, chest, legs and hands. Yikes! That’s a lot of trauma to endure for a blinged-out phone case.

It’s not the first time glittery phone cases have led to injury. Check out this 9-year-old girl’s scar from a different case last year.

All That Glitters Is Not Gold, but You Can Get a Refund

So what should you do if you have one of these glam-tastic iPhone cases?

First things first. Stop using it! Carefully take it off your phone, but do not discard it!

You can get a full refund for the case by contacting MixBin Electronics toll-free at 855-215-4935 from 8 a.m. to 5 p.m. Eastern time Monday through Friday. You can also register for a refund on MixBin’s recall page.   

The company will also give you special instructions on how to dispose of your case. Why? We can only assume the liquid in there is evil enough that we don’t want it just sitting in the local dump. Seriously, why is liquid glitter so dangerous?

Unfortunately, you now have a naked phone. Do yourself a favor and buy a nice, safe, plain iPhone case, and bedazzle the heck out of it. You’ll have all the glam you can handle without the risk of crippling liquid-glitter burns.

Tyler Omoth is a senior writer at The Penny Hoarder who loves soaking up the sun and finding creative ways to help others. Catch him on Twitter at @Tyomoth.

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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The Roth IRA vs. the 401(k) Plan – Which One is Best For Your Retirement Plan?

Pizza Hut’s New Rewards Program Tops the Competition (for a Limited Time)

Pizza Hut just introduced its new Hut Rewards program.

You know what that means?

Pizza for breakfast, lunch and dinner, ya’ll. As Guy Fieri would say, buckle your seatbelts; we’re going to Flavortown.

What You Need to Know About Hut Rewards

Hut Rewards gives you two points for every $1 you spend online. After you earn 200 points, you can trade them in for a free medium pizza with any toppings your heart desires. If you get your points up to 250, you can get a large pizza with unlimited toppings for free.

OK, I know what you’re thinking: “Wait, so I have to spend $100 to get a free pizza? As IF!”

But here, my friends, is the greasy silver lining: For online orders placed between Aug. 10 and Oct. 1, you’ll earn four points for every dollar you spend. This means you only have to spend $50 to score that free medium pizza or $62.50 to get a free large pie. And if you’re like me, you could rack that up in two or three orders, depending on how many people you feed and what sides you order. Cinnamon sticks, anyone?

Here’s the best part: This introductory promotion puts Pizza Hut’s rewards program at the top of the pizza rewards heap.

Domino’s gives 10 points for orders of $10 or more. Six of those orders will score you a medium two-topping pizza. This means you have to spend $60 before getting that free pie.

Papa John’s gives you a free dessert for every $50 you spend and a free medium, two-topping pizza for every $75.

So for now, Hut Rewards gives you the most bang for your buck. In the long run, though, Dominos or Papa John’s may be your best bet.  

Also, don’t forget to crunch some numbers with this pizza calculator. It’ll help you decide what size pizza will stretch your dollars furthest.

Kelly Smith is a junior writer and engagement specialist at The Penny Hoarder. Catch her on Twitter at @keywordkelly.

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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Lowe’s Wants to Give You $2,000 — and Some Skills — for Your DIY Project

Calling all DIYers!

Also calling the rest of you who wish you could be DIYers but don’t believe in yourselves like you should!

If you’ve been thinking about giving your weird ‘90s kitchen cabinets a fresh coat of paint or turning the crawl space under the stairs into the perfect doggie bedroom but can’t work up the gumption (or the money) to make it happen, you’re going to want to pay attention.

Lowe’s, the home improvement superstore, is hosting a DIY contest — and you could win a $2,000 gift card to put toward your dream project.

The contest, called The Upskill Project, aims to provide people with the opportunity to learn new skills and to finally complete a project that’s important to them. Winners will receive a $2,000 Lowe’s gift card and the chance to work side-by-side with a home improvement expert to complete their project.

How to Enter the Lowe’s DIY Contest

To enter, you must submit a video (with the accompanying questionnaire) that explains what project you want to tackle — and why you want to tackle it.

In the video, which should be 60 to 90 seconds, you must answer three questions:

  • What project would you like to complete?
  • What skills do you think that project would require?
  • What would having those skills mean to you?

There are a few other specific rules entrants should follow when creating and submitting their videos. Failure to follow these guidelines will result in an automatic disqualification, so be sure to read and follow them carefully!

Scoring will be based on enthusiasm and passion for the project and on how clearly the required skills and the “why factor” are spelled out in your submission video.

The contest is open to residents of specific cities across the U.S. in three phases.

  • For residents of Riverside, California, and Nashville, Tennessee, the entry period runs from July 31, 2017 through Aug. 14, 2017.
  • After that, residents of Albuquerque, New Mexico; Tallahassee, Florida; and Charleston, South Carolina will have a chance to enter between Sept. 5 and Sept. 19, 2017.
  • In the final phase, residents of Phoenix, Arizona, and Houston, Texas will be allowed to enter between Oct. 9 and Oct.23, 2017.

Winner, Winner

The top five eligible entries from each round of submissions will be contacted within a few weeks of the contest closing and the winning projects will take place in October and November.

An experienced teacher will travel to you, help you gather the necessary supplies and then work side-by-side with you to teach you and help you complete the project over a two-day period.

After the project is complete, you may be asked to participate in a community event where you’ll help your friends and neighbors gain confidence in their own DIY abilities. Look at you, paying it forward!

So if you’ve been dreaming of adding a back deck or ripping out that old vinyl and installing floors you don’t want to hide with a pile of area rugs, now’s your chance. Head over to the contest page to read the full rules and submit your video!

Grace Schweizer is a junior writer at The Penny Hoarder.

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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Here’s How to Fix Up Your House (So No One Tells People It’s a “Dump”)

Yesterday, the website GOLF reported President Donald Trump told golf buddies he was frequently away from his new home in Washington, D.C. because, “That White House is a real dump.”

The White House has denied the quote, so we don’t know whether it’s true. If it is true, we also don’t know whether the comment was meant as a joke or an earnest disparagement of the home of our nation’s First Family.

Regardless of the facts, the story has unsurprisingly filled headlines and sparked plenty of rage-filled jokes on Twitter.

All this talk got us thinking… Regardless of your standards, no one wants to live in any home they’d consider “a dump,” right?

What to Do if Your House Is a Dump and You Can’t Afford to Fix It

When you buy a fixer-upper, you tell yourself you’ll get around to, well, fixing it up.

Eventually.

But then… work, kids, pets, friends, family, church and that vacation your therapist convinced you to take all fill your time. And you look around after a couple years to realize you’re still living in a dump.

Some new paint, carpets, trim, cabinets and countertops would really brighten your day (and home). But they’re not free — so where are you going to find that money?

First, consider how much simple home renovations could boost the value of your house. Even the color you paint your walls can make a difference in your home’s resale price.

So, sprucing the place up is an investment in more than just your day-to-day comfort.

Here are seven simple home renovations you can probably afford.

And if you don’t want to pay for a contractor — labor costs can really add up — here are some places you can learn DIY home improvement skills for free.

How a Personal Loan Could Help You Spruce Up Your Dump

If you want to take it a step further than a coat of paint, a personal loan could help cover the cost of home renovations. You’ll be able to improve the atmosphere and value of your home now, but get a few years to pay for it.

If you’re thinking “home” and “loan” in the same sentence sounds scary, don’t fret. Taking out a personal loan is less complicated than a mortgage — and the amount you’ll need is probably way less.

You can potentially get a personal loan for as little as $500 — and you can do it online.

Credible is an online marketplace that offers consumers personalized loan offers. Think of it like Zillow — but for personal loans.

Interest rates start at 5.99%, and you can check yours by entering a loan amount here ($500 to $40,000) and comparing your personalized options in under 90 seconds.

Give Your Dump a Bump

Whether you live in a cabin in the woods or a stately mansion in D.C., everyone should love the four walls surrounding them. Give these home improvement tricks a try, and you may just consider a few more staycations next year.

Dana Sitar (@danasitar) is a senior writer/newsletter editor at The Penny Hoarder. She’s written for Huffington Post, Entrepreneur.com, Writer’s Digest and more, attempting humor wherever it’s allowed (and sometimes where it’s not).

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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Now Hiring: A Planetary Protection Officer to Defend Earth from Alien Germs

*Cue eerie, space-age ‘80s synth pop.*

*Cue slightly husky, old-but-not-too-old man-voice with a peculiar accent you can’t quite place.*

We are not alone.

Somewhere out there, in the vast, unending expanse that will make you feel less than insignificant if you think about it too long, aliens are waiting to infect the people of Earth with… the sniffles.

OK, so alien diseases might be so much worse than a runny nose. Or noses? How many noses does an alien have? Does it sneeze out of three places at once? Or does only one nose sneeze at a time? Is an alien sneeze-noise similar to a human sneeze-noise? Do they say ah-choo? Or is the sound more like “zorp-gorp?”

I have so many questions about alien sneezes.

Here’s the thing: we don’t know what an alien sickness looks (or sounds) like — and really, we don’t want to know, right?

(No, the answer is no. Didn’t anybody see E.T.?!)

But how do we avoid catching these extra-terrestrial germs, you ask? We rely on The Chosen One, our very own Planetary Protection Officer, to keep us safe and sniffle-free.

The problem? WE DON’T HAVE ONE. Well, currently we do, but she’s leaving soon because the position is being relocated to another office within NASA, she told Business Insider. Agency policy also requires these appointments be time-limited, lasting only up to five years.

But that’s OK, because it means there’s a pretty rad job opportunity open for anyone who’s brave enough to take on the heavy, heavy burden of keeping all of human life safe from space germs — and all of space free of human germs. (Aliens are just as afraid of us as we are of them. Maybe.)

The Best Job in the Universe… Seriously

NASA — yes, that NASA — is looking for a Planetary Protection Officer to monitor microbes.

In more technical terms, the PPO will lead the planetary protection capability and maintain department policies. They will also oversee the implementation of those policies during NASA’s space flight missions.

The Chosen One is in charge of independently evaluating and advising on both human and robotic spaceflight missions while observing both planetary protection policies and international agreement obligations.

They’ll advise the Chief (with a capital C) and the Safety and Mission Assurance on — in layman’s terms for us mere Earthlings — the outcomes and risks we’ll face if these objectives fail (are you freaking out yet?).

The PPO will also be tasked with a myriad other relevant jobs and duties that may or may not be written in alien hieroglyphs — or maybe that’s just NASA trying to weed out applicants by using fancy words that only scientists understand. (I am not a scientist, and I do not speak scientist, so I cannot translate. Some good my summer abroad in Scienceland did, amiright?)

Some Out-of-This-World Talent

To be considered for the role of Planetary Protection Officer, candidates must have some otherworldly education and experience.

A bachelor’s degree (at least) in science, engineering or mathematics is required, plus additional credit hours and experience in related mathematical or scientific fields.

You should also have relevant experience, which in this case means an advanced knowledge of planetary protection and a demonstrated ability to plan, execute and oversee space programs of “national significance.”

What? Your internship didn’t teach you how to lead space programs of national significance?

You’ll also need some demonstrated diplomacy skills, because while this is a U.S.-based job, you’ll be following guidelines laid out by international committees. Plus, if aliens do show up, you’ll probably be first in line to greet them and make peace.

The job pays in the six-figure range — between $124,406 and $187,000 per year — but I guess the exact number depends on your prior experience with protecting planets. (You know, just your casual day-to-day space stuff.)

If your resume actually checks all the aforementioned boxes, you can go here to apply for the job. But be aware —  there’s a pretty rigorous evaluation and a high security clearance required, so make sure that closet is squeaky clean and free of all alien skeletons.

Happy (alien) hunting!

And if you’re looking for a new job but your specialties aren’t quite in line with “Defender of the Universe,” then be sure to like our Jobs page on Facebook. We post awesome job opportunities there all the time!

Grace Schweizer is a junior writer at The Penny Hoarder. She’s counting on you to save the planet, because she can’t handle robot overlords and an alien invasion.

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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Coal Is #1

Is coal going away like some predicted? Well, the truth may be shocking. In reality, statistics show what many predicted as a dying energy source, is actually quite vital. 

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Here’s What You Need to Know if You Want a Job at a Company Like Google

Each year, around 2 million people apply for jobs at Google. About 5,000 are hired, according to The Guardian.

How do you feel about your odds? Somebody has to fall into that elite 0.25%… right?

Even if you don’t land — or necessarily desire — a job with this particular giant of Silicon Valley, tech jobs are the future of work. Your dream job is out there.

These tips from top tech companies and employees can help you land it.

Here’s how to get a job at Google — or any other tech company…

1. Learn the Right Skills

If you want a job in tech, you’ll have to speak the language.

Java, that is. Or Python or Ruby… or one of about a dozen other popular programming languages.

If this is all brand-new to you, try one of these free apps to learn to code from scratch.

If you want more guidance, consider a coding bootcamp. These short — usually 12-week — courses help you learn a marketable skill quickly, without spending a ton of time or money in school.

And they can yield some pretty fantastic job opportunities.

A coding bootcamp “gives you a good foundation and kind of springboards you into the new career,” Philadelphia-based developer Cody Norman told us. “… It allowed me to get jobs that otherwise would’ve been pretty tough.”

If you want to work in the tech world, but not in development, think about how to use your other skills.

These companies have tons of departments to staff, from HR and accounting to social media and marketing to food service for those famous on-site cafeterias.

2. Know Where to Look for Jobs

You probably won’t happen across a Google job listing on Craigslist. (If you do, please don’t tell your interviewer that’s where you found it.)

To stay in the loop with the top jobs in tech, use a site geared toward people who work in your industry.

Dice is a job site exclusively for tech careers.

Use it like any job-search site to filter by position, location, company and other criteria — except you won’t have sift through a bunch of irrelevant listings, because the site caters to the kinds of jobs you’re looking for.

You can also use Dice’s Hack Your Career feature to find your market value — so you know you’re being paid fairly for your skills and experience.

3. Get Ahead at Your Current Job

Before telling your boss to take your job and shove it you-know-where, make the most of your current position to set you up for success in your next one.

Even if you hate your job, seize every opportunity to learn something new. Consider it paid training for whatever you do next. Use the time to network with people in your industry (or others, which may come in handy).

Practice soft skills you’ll need no matter where you go next.

Take it from Google’s own former senior vice president of people relations (the guy who hires people). In his book “Work Rules!,” Laszlo Bock advises giving your work meaning.

“Connect work to an idea or value that transcends the day-to-day,” he says, “and that also honestly reflects what you are doing.

“If you’re a lox slicer, you’re feeding people. If you’re a plumber, you’re improving the quality of people’s lives. Whatever you’re doing, it matters to someone. And it should matter to you.”

Get to the root of what purpose your job serves, and conquer it — even if you know you don’t want to be slicing lox for the rest of your life.

4. Develop Skills Google Cares About (Other Companies Will Care, Too)

The Guardian asked Bock what Google looks for in employees.

It’s clear you don’t have to exude a traditional professionalism to make it onto the campus decorated in colors reminiscent of kindergarten. What does matter, then?

First, Bock says, “general cognitive ability… Not just raw [intelligence] but the ability to absorb information.”

They also look for “emergent leadership. … when you see a problem, you step in and try to address it. Then you step out when you’re no longer needed.”

Next, they look for a quality you may have heard of in the lore: “Googleyness.”

It’s the name the company gives to those characteristics that make you a cultural fit, which Bock says boil down to “intellectual humility.” You don’t have to be warm and friendly, but you need to be able to admit — and believe — when you’re wrong if you want to mesh with other Googlers.

Last on the list, they look for “expertise in the job we’re gonna hire you for.”

Surprised that one’s last? Google isn’t the only company that hires this way — it’s just the company that’s made the idea most famous in the past decade.

If you can learn and understand new information, are willing to step in where you’re needed, and can admit and adjust when you’re wrong, then picking up the skills needed for a position should be a piece of cake.

5. How to Apply for a Job at Google

Google, for one, makes applying for its sought-after jobs very easy. It lays out — online — exactly what it’s looking for in your application.

The real secret here? These tips are helpful anywhere you want to apply, so pay attention.

About your resume, Google says, “This is the first piece of information we’ll see about you, so highlight your achievements. Here’s how to frame them…“

So nice of a company to make it that simple! Here’s what its hiring managers want to see in your resume:

  • Make sure the skills and experience you highlight are in line with the job description.
  • Be specific! Which projects did you work on? What were the outcomes? How did you measure success?
  • What leadership roles have you held? How many people did you oversee?
  • If you have limited work experience, what kinds of school projects or coursework did you do that will show off your skills?

Finally, Google says, “Keep it short! If there’s additional information (like a portfolio) we need during the hiring process, your recruiter will work with you to collect it.”

6. Prep for Your Interview

Job interviews can be the absolute worst. Or they can be the best… and then the subsequent five days while you await a phone call can be the absolute worst.

Head into the recruiter’s office with confidence by bringing your best game. Start by knowing concise and thoughtful answers to these common interview questions

Next, don your thinking cap. (Not literally, unless that’s a quirk you think will get you ahead with your future employer.)

The Valley’s finest are famous for truly out-of-the-box interview questions, so be prepared for… something you weren’t prepared for.

To warm you up, think about how you’d answer these challenging questions real interviewees faced at major tech companies:

  • “How would you go about to find the top five Java Developers in a certain area?” — Google, technical recruiter.
  • “Write an equation to optimize the marketing spend between Facebook and Twitter campaigns.” — Uber, data analyst.
  • “How many happy birthday posts do you think Facebook gets in one day?” — Facebook, sales operations.
  • “Name a brand that represents you as a person.” — Twitter, brand strategist.

Land Your Dream Job

Regardless of the position or industry, you bring the most important pieces you need to land your dream job — your sparkling personality and wealth of talent.

We hope these tips can give you the nudge you need to get in the door with the company you’ve been dreaming about since you were a toddling little 101-year old with *’s in your eyes.

(101 is binary for five… but you already knew that.)

Dana Sitar (@danasitar) is a senior writer at The Penny Hoarder. She’s written for Huffington Post, Entrepreneur.com, Writer’s Digest and more, attempting humor wherever it’s allowed (and sometimes where it’s not).

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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Think You Got Hit by the Google Fred Update? Here Is What to Do

Arguably, the biggest Google algorithm shakeup of 2017 occurred on March 8.

Of all things, it was called…Fred.

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The sheer randomness of the name and the massive drop in traffic that many sites experienced have left a lot of marketers scratching their heads.

What happened, who was affected and why?

More importantly, what steps do you need to take if your traffic took a plunge?

In this post, I’m going to cover all the details of the update, explain how to recover from its negative consequences, and talk about what you need to do to avoid future penalties.

Why was it called Fred?

Let’s start from the top.

The first thing you’re probably wondering about is how this update got its name.

We’re used to cute, cuddly animal names such as Panda, Penguin and Hummingbird, so Fred seems a little bizarre.

Well, here’s a screenshot of some Twitter dialogue between Barry Schwartz of Search Engine Land and Google Webmaster Trends Analyst, Gary Illyes:

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As you can see, Illyes jokingly dubbed this update “Fred,” and it stuck.

So, there you go.

What happened?

This is definitely one of the more humorous names for an update, but not everyone is laughing.

Many sites took a major hit.

Some even saw their traffic decline by as much as 90%! That’s crazy!

Here’s the deal.

Google is secretive as usual, but according to research from multiple experts, the Fred update primarily targeted websites guilty of three types of offenses:

  • excessive ads/affiliate links
  • generic content offering little to no value
  • low-quality backlinks

Here are a couple of quotes from experts that shed a bit more light on things.

Barry Schwartz:

About 95 percent of the sites that got hit were ones with content that looks to be written for ranking purposes and then has ads and/or affiliate links sprinkled through the article…they seem to have content on a vast array of topics that are not adding all that much value above what other sites in the industry have already written.

Sreelal G. Pillai of TechWyse:

Affected sites also have low-quality backlinks in common – meaning that the sites that link back to them all have low domain authority.

That’s the gist of it.

And I can’t say I’m surprised.

We already know Google’s mission is to provide its users with high-quality content.

If it’s clear a website is attempting to use manipulative techniques, create thin content and/or load it up with excessive ads/affiliate links, I can see why it would be penalized.

When it comes to generalist content—content written on numerous topics with little, if any, value—Google has been combating it for years.

Rehashing content and trying to cover a wide range of subjects, without any specialization, isn’t going to do you any favors with Google.

The same goes for low-quality backlinks.

I’ve written in-depth about the importance of a strong link profile, where your site receives inbound links from credible, authoritative and relevant websites.

2017 research found that “high-quality backlinks account for 30% of your overall page score in Google.”

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It’s not a surprise the Fred update went down the way it did.

It’s basically Google’s way of maintaining its quality standards.

I was affected. What should I do?

There are two specific actions I suggest you take right away.

The first is to assess your website in terms of ads and/or affiliate links.

If you were affected, there’s a good chance you’ve gone overboard on advertising.

Don’t get me wrong. It’s totally fine to incorporate ads on your site and sprinkle in a few affiliate links here and there.

Some top brands do it.

But it’s pretty obvious when it’s excessive.

Here’s an example of Mashable using ads the right way:

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Notice there’s just a single ad in the bottom left-hand corner.

It’s noticeable but doesn’t dominate the content in an obnoxious way, blending in with the rest of the page.

In other words, it doesn’t interfere with the user experience.

Here’s another example from Gadget Review:

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Again, the ad is plainly visible, but it doesn’t dominate the rest of the content.

As for affiliate links, you may want to delete those that are:

  • not necessary (e.g., not bringing any money),
  • detracting from your content or
  • likely to be deemed as spammy in any way.

The second thing you’ll want to do is check your link profile.

You can use several different tools for this.

One of my favorites is SEMrush.

The only issue is that the free, basic version is a little limited for analyzing backlinks.

However, the paid version offers all the data you could possibly need.

There’s also Moz’s Open Site Explorer.

It will provide you with some pretty solid information so you can see who’s linking to your site and tell if there are any problems.

Here’s what you do.

First type in your URL:

ZVv8urOTR0ee1f9r4K0 ig

Click on “Search:”

F5qQcY1FRraPwljWqqoEHA

Look for the “Inbound Links” section.

Click on “all pages” under “Link Source:”

U OK M8rRluryWC5hO1 rw

Then click on “only external:”

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This ensures you’re only seeing inbound links from external sites as opposed to internal links coming from within your site.

Here are some of the results I got:

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These all look good.

Social Media Examiner, Backlinko, The Content Marketing Institute and Buffer are all high-quality sites relevant to Quick Sprout.

But if I see anything questionable (e.g., low-quality and/or irrelevant sites), I would want to investigate further.

Let’s say you’ve spotted less-than-ideal links.

What do you do?

Disavowing problem links

If you find you’ve got links from questionable sites, your best bet is to disavow them.

This is somewhat of an involved process if you’ve never done it before, so I can’t adequately cover it here.

However, this post from NeilPatel.com will fill you in on the details and explain how to use Google’s disavow tool correctly.

Your goal is to get rid of any problem links by disavowing them.

In turn, this should improve your link profile and should help you recover.

What you need to know moving forward

So we’ve established that any backlash from the Fred update is most likely due to one or more of the following:

  • excessive ads/affiliate links
  • generic content that offers little to no value
  • low-quality backlinks pointing to your site

You’ll definitely want to avoid these transgressions moving forward.

Cutting back on ads and affiliate links is pretty easy. You just have to make some minor adjustments to your existing content.

And, of course, be conscious of how many affiliate links you include in your future content.

I would suggest including a maximum of three affiliate links per post.

However, you may want to go even lower just to be safe.

When it comes to generic content, that’s not always an easy fix.

The only remedy is to put in the time and energy to produce epic content.

This usually entails long-form content because it tends to be more in-depth than your run of the mill 500-word post.

And, of course, there’s an undeniable correlation between a higher word count and higher rankings:

02 Content Total Word Count line

This is not to say that simply writing longer content is a magic bullet, but it certainly doesn’t hurt.

I also recommend sticking to the subject matter you genuinely know and are passionate about.

You may need to “niche down” to ensure you’re not creating generalist content people can find anywhere.

But as long as it offers real value, has an original angle and isn’t piggybacking off a million other articles, you should be in pretty good shape.

As for low-quality backlinks, the best thing you can do is get in the habit of routinely checking your website’s link profile.

This will alert you to any unsavory sites linking to you.

And once you learn how to disavow links, you can quickly remedy the problem and maintain a rock-solid link profile.

Conclusion

Google is on an endless quest to improve the quality of its SERPs.

And that’s fine with me.

I like to know that, when I’m doing research or shopping for a product, the sites I land on are the cream of the crop.

I don’t want spammy, generic, low value content that’s only going to waste my time and prolong my search.

The Fred update is just another example of how Google is constantly fine-tuning its algorithm and supplying its users with great content.

That’s how it maintains its position at the top of the ladder.

If your site was adversely affected, it’s probably a sign you’re not abiding by Google’s Webmaster Guidelines and changes need to be made.

By following the steps I mentioned above, you should be able to get things back on track and work your way back up the SERPs.

It may take a little time, but you’ll get there.

Just make sure you’re following best practices from this point on to prevent additional penalties down the line.

Did you experience any setbacks from the Fred update?



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Personal Cash Flow and You

Let’s start out with defining exactly what “cash flow” means. It’s a business term that refers to the amount of money coming into and going out of a business over a period of time. In general, positive cash flow means that the amount of cash (and other things they might easily sell for cash without disrupting the business) on hand is increasing, while negative cash flow means that the amount of money on hand is decreasing.

For example, if a business pays all of its bills that month and still has $1,000 per month more in checking than where it started, it has a positive cash flow. If a business pays all of its bills and has $1,000 less in checking at the end of the month, it has a negative cash flow.

The same exact philosophy works with people, and it presents a very useful way to look at your personal finances.

Much like a business, you can simply create a cash flow statement each month or each quarter or each year to assess how much money is coming in, how much is going out, and how much is staying with you.

Let’s stop for a moment and look at what exactly a positive cash flow really means for a person. The larger your positive cash flow, the greater the difference between your income and spending over a given period of time. That means that, if you don’t make any changes to your life, you’re going to be accumulating wealth. It can also indicate the relative ease with which you can make life changes.

On the flip side, if you don’t have any positive cash flow at all or are seeing negative cash flow, it’s an indication that you’re on the road to financial ruin and need to make some changes, even if you haven’t seen any real problems pop up yet. A negative cash flow statement is a really good early warning sign for upcoming financial troubles and it can clearly alert you that some changes need to be made, particularly in terms of cutting spending.

My favorite use of personal cash flow is in making financial decisions.

For example, looking at a cash flow statement can help you determine whether a career change is something that makes sense or not. If you have a positive cash flow, that’s a sign that your current lifestyle can tolerate an income cut. If you’re considering a career change, that’s the type of information that can make a huge difference.

A cash flow statement can help you reprioritize your financial choices. Cash flow statements often point you toward taking action on things that will either decrease the amount of money you’re paying out each month or increasing the amount of money you’re taking in each month. Debt repayment becomes a big priority because that signifies the elimination of a bill once the debt is paid off. Career improvement can become a big priority, too. Cash flow statements often lead to action. Those types of decisions lead directly to an increased positive cash flow.

So, how do you prepare a personal cash flow statement?

Over the course of a month, simply keep track of all of the money you earn as well as all of the money that leaves your possession. How much were you paid? How much money did you pay out in the form of cash purchases and bill payments? That’s really what you’re concerned about – the end destination of every dollar you bring in. Did it wind up staying in one of your accounts (or in your wallet)? Or did it end up getting mailed out to a credit card holder or the mortgage holder or the electric company? Or did you use it to directly buy something?

That’s the simplest way to calculate your cash flow. I like to take it one step further. I count the purchases I make with a credit card against the current month. Then, when I actually pay a credit card bill, I only count the interest as money actually leaving my possession at that time. I counted the principal already when I counted the original purchase on the credit card. So, for example, if I buy a new shirt for $50 in August using a credit card, but then pay that credit card bill in September, I count that $50 as money going out. It takes some extra work – you have to read your credit card bill with some care – but it presents a much clearer picture of your true spending.

It’s useful to break down your spending into some categories when doing this. Make a big list of your various expenses, like utilities, food, entertainment, and so on. Where did all of that money go? That’s the point of a cash flow statement, and the more care you put into organizing that list of where all the money went, the better.

In the end, a cash flow statement might look something like this:

+$4,000 – Four paychecks, $1,000 each take home
-$400 – Utilities
-$800 – Food and household supplies
-$1,000 – Mortgage payment
-$300 – Car payment
-$200 – Car maintenance – gas, oil change, etc
-$300 – Insurance
-$300 – Entertainment – Netflix, cable, going out, hobbies
-$150 – Student loans
-$50 – Credit card interest
Total: +$500

That person managed to hold onto $500 that month. They have a positive cash flow, and that $500 is being put away for the future. Maybe it’s money being saved for a big upcoming expense, like a car replacement. Maybe it’s being put into a Roth IRA, or being put into an emergency fund. Whatever it is, this person is moving in a positive direction for the month.

However, if you do statements like this each month, it’s very likely that some months will have a negative cash flow. When a big bill comes in, it’s likely to cause you to tap some savings to be able to afford it, and that’s going to show up as a negative cash flow for the month. That’s why longer-term cash flow statements can also be useful, as they smooth out some of those bumps on the road and show you the broader picture.

So, what can you do with such a statement?

It can definitely show you areas in which to cut back your spending. Does this person really need to spend $300 in entertainment each month? Probably not. What about $800 in food and household supplies? Again, probably not.

It can help you set some good financial goals. This person might want to strive to have a neutral cash flow for a while in order to eliminate that $1,000 mortgage payment, by simply making extra mortgage payments. What that will do is eliminate the mortgage payment sooner rather than later, which will immediately turn that +$500 monthly cash flow into +$1,500. (It should be noted that a simple cash flow statement like this does put a high premium on paying off debts; it also doesn’t really inform you in terms of what to do with that positive cash flow, but that’s an entirely different can of worms.)

It can help you figure out whether major life changes can really work. If you have a +$500 cash flow in an average month, that means that you could make some major lifestyle changes without changing other things. You could switch to a less stressful job that brings home $500 less per month without making any lifestyle changes. If you made some smaller changes, you might be able to swing a full career change! Does a housing change make sense? Can you buy a house now with relatively minor lifestyle changes? This is the kind of thing that a cash flow statement can help with.

Having said that, a cash flow statement is just a tool, not a “be all end all” solution. It can help you figure out certain financial decisions and life choices. What it does not do is assess your overall financial health. It does not help you assess whether your investments are healthy. It does not clue you into your net worth. A net worth statement is good for that.

The more tools you have at your disposal for looking at your finances, the more likely it is that you’re going to arrive at financial and life decisions that make sense for you today as well as make sense for you in the long run. Remember, your goal is to improve your financial state so that the challenges of your future can be easily met, and your cash flow statement is one tool that can help you figure out that path.

Good luck!

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Eggplant Is a Delicious Meat Alternative if You Know How to Cook it Right

Eggplant is a nutritional beast. It’s high in fiber, loaded with nutrients and low in calories. And despite its status as a nutritional powerhouse, you can frequently find it for under $2 a pound. That’s a lot of flavor and nourishment for not a lot of coin — making it a good choice if you’re trying to save money on groceries. However, learning how to cook eggplant can be a bit tricky.

If done incorrectly, it can be a mushy mess or a bitter assault on your taste buds. But prepared properly, eggplant is a delicious addition to any meal. Here are the basics.

First Things First — Buy a Good Eggplant

If you buy an eggplant that isn’t ready or is past its prime, no amount of kitchen wizardry

will make it awesome. Here’s what to look for in an eggplant.

Find a Pretty One

Really? Yes, a glossy, purple eggplant is healthy and ready to eat. Like most fruits, (Yes, I said fruit. The eggplant is actually categorized as a berry!) you need to pay attention to discoloration and bruising. A healthy, green stem is another sign of freshness.

Give it a Squeeze

It should give a little, but it shouldn’t be soft. You want it to be heavy relative to its size, which means the flesh inside is ripe but not overripe.

Smaller Is Better

The smaller, young eggplants will have the best flavor.  A too-large eggplant may have an abundance of tiny seeds inside, which are storehouses for that dreaded bitterness.

Buy During Peak Season

You’ll find the best eggplants during the peak season from August to October. To get the freshest eggplant for a lot less, skip the middleman and head to your local farmers market.

The Classic: Oven-Roasted Eggplant

Preheat your oven to 400 F.

Chop off the stem and base, then rinse the eggplant.

Use a peeler to remove strips of the purple skin. Leave some skin on the flesh so it has a striped effect. The open areas allow flavors to penetrate the flesh, while the remaining skin provides some firmness to keep the structure.

Cut the eggplant into slices or disks. Try to keep their thickness even so they cook at the same pace.

Salt it. This is a biggie because salt helps pull the juices — another place where bitterness hides —  from the eggplant. Let the salted eggplant slices sit for 30 minutes to 1 ½ hours to give the salt time to pull out those juices. You’ll notice little beads of eggplant sweat forming.

Rinse away the salt and juices.

Coat a baking sheet with olive oil cooking spray, or lightly coat the eggplant slices with olive oil. The flesh likes to absorb oil, and too much can make it come out greasy.

Add salt and pepper to taste. (Remember, you’ve already salted and rinsed, so there may be some residual salt on there!)

Bake the slices for 5 to 7 minutes on each side until they’re lightly browned.

Pull the slices out of the oven, and sprinkle on your favorite herbs to spruce it up. Not sure what to add? Eggplant is a great canvas for a lot of herbs and flavors.

Broil the eggplant for an additional 30 seconds to let those herbs and spices do their work.

Remove and serve!

How to Cook Eggplant Using Other Methods

Baking eggplant is a classic method of preparation. However, it’s far from your only choice. This versatile superstar of the produce section lends itself to a variety of cooking methods. Here are a few of our favorite ways to cook eggplant.

Embrace the Smokiness! Toss it on the Grill

Prefer a little smoke and char on your food? Eggplant is perfect for grilling. You’ll get a similar texture to bake, but with the added flavors and aromas of the grill.

Preheat your grill to medium heat (350 to 375 F).

Clean and peel the eggplant as mentioned above. Slice it however you want. Disks work great, but you can slice it longways too. It’s your call.

Melt some butter, and stir in some garlic salt and other seasonings you like. (I suggest classic Italian seasoning — it’s great everything!) Brush the butter mixture on, and add pepper to taste.

Then, toss them on the grill. Keep an eye on them to avoid flare-ups just in case that amazing butter drips off. Cook for approximately 10 minutes, flipping and basting the pieces every couple of minutes.

Pull the slices off the grill, and serve them while they’re hot and smokey.

Stovetop Calling You? Pan-Fry Eggplant to Perfection

Pan-fried eggplant can be tricky. It’s a treat when you do it right, but the fruit’s soft flesh soaks up the oil like a sponge. Do it right and you won’t have that issue. Here’s how.

Clean, peel, slice, salt and rinse the eggplant as mentioned above.

Add salt and pepper to taste.

Heat a skillet with grapeseed oil (or another oil that handles high heat well) to approximately 365 to 375 F. To test it, toss in a small cube of bread. If it browns to a lovely crouton in about 60 seconds, you’re good to go.

Whisk 2 egg whites in a small bowl. Brush a thin coating of egg whites onto both sides of each eggplant slice. The egg whites act like a barrier between the eggplant flesh and the oil.

Carefully place 3 to 4 slices of eggplant into the oil. Don’t splatter — it hurts! Cook the eggplant slices for 2 to 3 minutes on each side until golden brown.

You’ll be amazed at how crispy these get without soaking up all of that oil! You’ll love the nice and crispy texture with that delicious fried flavor.

Craving Something Really Different? Mash it Up!

Mashed eggplant? That’s just crazy talk, right? Nope. Mashing eggplant is a classic recipe in Mediterranean cultures. This recipe will make you feel like you’re lunching in a Turkish bistro.

First, bake your slices as described above.

Add the cooked slices to a food processor and pulse until smooth. Add a little olive oil if needed. It’s really that simple. You now have a simple mashed eggplant that you can spice up any way you’d like. Serve it hot as a side dish, or let it cool and use it as a delicious and healthy spread.

Check out this mashed-eggplant recipe to really embrace that Mediterranean flair.

Delicious Eggplant Meal Ideas

OK, so now you know the basics about how to cook eggplant. How do you incorporate these techniques into an awesome meal? Fear not. We have you covered. Here are a few meal ideas that will wow your friends and family.

Eggplant Parmesan

Eggplant makes a great substitute for meat in a variety of dishes. Eggplant Parmesan has been a favorite on menus and in homes for ages. Not only is it delicious, but it’s easier on the budget than its chicken counterpart!

Stuffed Eggplant

What’s better than eggplant? Eggplant stuffed with tasty gloriousness. You can find a variety of fun and easy recipes online, like Mom’s Stuffed Eggplant. It makes for a flavorful meal that is remarkably easy on the budget.

Make an Eggplant Sandwich

In the mood for a sandwich? No problem. You can use eggplant slices as a bread substitute to make amazing sandwiches. The possibilities are endless, and you can even make them gluten- and dairy-free if you want. It’s a creative idea to bring to your next potluck at work.  

Tyler Omoth is a senior writer at The Penny Hoarder who loves soaking up the sun and finding creative ways to help others. Catch him on Twitter at @Tyomoth.

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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Five Back-to-School Items I Refuse to Buy This Year

Is there anything that says “summer is basically over” quite like the arrival of next year’s school supply list? Since my children’s school follows a “modified, year-round” schedule, they head back to school today, August 2nd. This is a huge departure from when I was a child; back then, we had three full months of summer, as we didn’t start school until after Labor Day.

So yeah, our kids get a shorter summer (eight weeks), but we make up for it with a two-week fall break, winter break, and spring break. It’s a fine arrangement if you ask me, other than the fact the new school supply list came out in early July – well before I was ready to face it.

This year’s supply lists aren’t that crazy, as the first- and third-grade teachers aren’t asking for outrageous supplies like specialty Ticonderoga pencils or reams of paper.

It does have the standard list of “optional contributions,” like Ziploc bags, baby wipes, and Kleenex, but I’m more than happy to chip in for those. As we all know, teachers are all-too-often stuck paying out-of-pocket for supplies that parents don’t donate and schools don’t fund. By adding in those “extras,” I can hopefully save my kid’s teachers from spending their own money.

Still, there are a few standard back-to-school items I just won’t be buying this year. We don’t need them, and I resent the constant pressure and sales ads that insist I buy them anyway. Here are five items that won’t be on my back-to-school shopping list this year:

#1: A New Wardrobe

Shopping for back-to-school clothes is a standard tradition, although it varies from family to family. When I was growing up, we would normally get a few pair of jeans along with two or three coordinated outfits. I would estimate my mother probably spent $100 on clothes for each of her children, which was quite a bit of money back in the late ’80s and early ’90s.

And that was fine; to be honest, we probably needed those clothes. I grew up in a one-income household where we barely had more than the necessities. Back-to-school shopping was more than practical; it was necessary.

But, my kids are in an entirely different boat. They both have late spring or summer birthdays, which means they have some newer clothing already. I also bought them some nice dresses and tops at garage sales and from friends this summer.

The bottom line: They don’t need new clothes right now, so I’m not buying them a new wardrobe for the first day of school just because society says I should. Actually, I would much rather wait until fall, when they actually need some new jeans and cold-weather clothes. Right now, they’re doing just fine.

#2: New Shoes

While I bought new shoes for my kids’ first day of school last year, I’m skipping the tradition for first and third grade. This is mostly because they both got new shoes earlier this summer. Warm weather brings heavy play, and they’ve actually both ruined a few pairs this year.

If I bought new shoes now (simply to comply with the back-to-school tradition), they’d probably outgrow them before they got to wear them too often. Since their feet (and everything else!) grow so fast these days, I’m going to hold off shoe-buying until they wear out their newest round of footwear. At this rate, it won’t be long anyway.

#3: New Lunchbox

Last year, my kids wanted new lunchboxes for those days when I actually pack lunches for school. That was fine with me, so they each chose their own style for around $10 each at Meijer. While my youngest chose a Finding Dory lunchbox, my oldest chose a purple lunchbox decorated with smiling owls. Those lunchboxes held up fine all year and everyone was happy – that is, until we were back in Meijer last week.

Now my kids are aching for new lunchboxes to keep up with their changing styles. Apparently, Finding Dory is out and Trolls are in. And owls? My oldest daughter says she’s more into koala bears this year.

Sorry, but it’s not happening right now – at least, not until their lunchboxes fall apart. I hate wasting money, but we also dislike wasting perfectly useful items, too.

#4: New Backpacks

The backpack is another necessary item that we’ve been programmed to upgrade each year. But, just like with lunchboxes and shoes, the backpacks they have now still work perfectly fine.

We’re not going to get rid of perfectly good backpacks until the ones we have fall apart.

#5: Disposable Lunch-Packing Supplies

Last but not least, I did something different this year when it comes to prepping for the kids’ lunches. Normally, I would stock up on plastic baggies (the kind that fold over) and snacks that come in single-serving sizes. This year, though, I’ve vowed to be less wasteful and make a real effort to avoid most disposable products.

So I bought several sets of reusable lunch containers. The ones I purchased are similar to these, except they’re a generic brand offered through my local grocery store.

My hope is that these containers will help us reduce waste, spend less on plastic bags and single-serving snacks, and make it easier to pack healthy, nutrient-packed foods. No more single-serving bags of chips or pre-made crackers with cheese. With these little containers, it should be easier to pack more fruits and veggies instead.

The Bottom Line

Back-to-school season is expensive, but I’m afraid many of us make it more expensive than it needs to be. While the standard “school supply list” is full of important provisions our kids actually need for school, it’s up to us to decide how much we spend on everything else.

If we want to save more or simply reduce waste, it’s up to us to cut through the hype and figure out what our children really need. This year, I overlooked much of the back-to-school marketing and promotion. Instead, I chose to make the most of what we had.

Holly Johnson is an award-winning personal finance writer and the author of Zero Down Your Debt. Johnson shares her obsession with frugality, budgeting, and travel at ClubThrifty.com.

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Are you buying everything on your kid’s back-to-school list this year? What do you refuse to buy?

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Industry Insider: Will 2017 be a game of two halves?

A construction site

2017 started off shrouded in uncertainty. With a new US president, the triggering of Article 50, economic growth in China slowing, Asia Pacific trade agreements in the air, and elections in the UK and France in the offing, there were plenty of unknowns and potential market shocks.

First-half surprises

Despite that, the first half of the year was generally a rewarding one for UK investors. Of the 50-odd asset class indices* we monitor, only 15 were in negative territory and, in the main, only by a percentage point or less. Most of these were bonds (loans to governments or companies), where small capital losses were incurred on the back of central bankers hinting at interest rate rises. US treasuries and treasury inflation-linked bonds fared the worst, with falls of 3-4%.

When it came to equity indices, the Brics (Brazil, Russia, India and China) had mixed results. Brazil was down 2% and Russia an eye-watering 18%, in no small part due to falling oil prices. However, they were the only two equity indices to fall. China was the best performer, up almost 19%, and India was up more than 14%. They were only separated by the European smaller companies sector, which returned just shy of 16%.

Commodities did badly, losing almost 10%, while property was very region dependent, with Europe (10.3% up) and the UK (3.7% up) doing better than the US (3.7 down) and global Reits (0.13 down).

   Top 10 funds in the first half of 2017
  Fund Six-month performance*
1 Old Mutual UK Smaller Companies Focus 31.70%
2 Baillie Gifford Greater China 26.50%
3 NB China Equity 25.70%
4 Henderson European Smaller Companies 24.10%
5 Baillie Gifford Pacific 24.00%
6 JPM Asia 23.60%
7 T Rowe Price European Smaller Companies Equity 23.40%
8 JPM Turkey Equity 23.40%
9 Polar capital UK Absolute Equity 23.10%
10 GSAM India Equity Portfolio 23.10%
Note: Total returns in sterling, 1 January 2017 to 30 June 2017. Source: FE Analytics

European renaissance

Having lagged its developed market peers – the US, the UK and Japan – in recent years, Europe is enjoying something of a renaissance, and its equity markets have been making up lost ground in recent months.

On 26 July, it was five years since Mario Draghi, president of the European Central Bank, said he would do “whatever it takes” to keep the euro currency alive and the European economy afloat. It hasn’t been an easy five years, but we can finally say Europe is heading in the right direction.

 Having suffered from deflation in the wake of the sovereign crisis, inflation is now in positive territory, employment numbers are improving and the European economy is growing. Importantly, corporate earnings growth and revenue estimates are also looking strong.

As always, there was an outperformer. In this instance, it was the Old Mutual UK Smaller Companies Focus fund, which turned in the best performance of all the 3,500-plus funds available to UK investors over the first half of 2017. It has risen 31.7% , despite worries about Brexit.

More of the same or a game of two halves?

While some of the worries of the first half of the year have been resolved, others haven’t. China is still a concern, and it seems only a matter of time before the US loses patience with North Korea’s shenanigans. We still have a German election to navigate (and possibly another one in the UK). Frankly, very few asset classes look appealing now. Picking winners in the next six months won’t be easy.

With this in mind, investors looking to invest new money without the guesswork may like to consider a multi-asset fund and let a professional choose the underlying funds and asset classes for them.

I like F&C MM Navigator Distribution, which has two fund managers at the helm who have been together for 20 years, longer than most married couples. Most of the fund’s returns are generated by stock selection rather than asset allocation. The fund has a 4.4% yield.

Another option is Investec Cautious Managed. If we get more interest rate rises, bonds and bond proxies may suffer, and we could see value styles come back into favour, in which case this fund could do very well.

Darius McDermott is managing director at Chelsea Financial Services and FundCalibre. Past performance is not a reliable guide to future returns. You may not get back the amount originally invested, and tax rules can change over time. Mr McDermott’s views are his own and do not constitute financial advice.

*Indices used are from MSCI and FTSE.

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