Andrew Gillan of Janus Henderson Investors says he likes markets in the Philippines and Indonesia, and explains why it's difficult to invest in Vietnam despite its...Investingread more
China has other "weapons" in its trade battle with the United States — and selling off its U.S. Treasury holdings will not be one of them, said Richard McGregor, senior fellow...China Economyread more
Deutsche Bank Wealth Management's global chief investment officer predicted the Federal Reserve will cut interest rates twice in the next 12 months, but chances of a four-time...US Economyread more
Google's services have been blocked in China for several years, but the company still has businesses there, as the tech giant seeks to sell products to Chinese firms in...Technologyread more
Netflix can sustain its lofty valuation only if global subscriber growth can support increasing content spending and debt.Technologyread more
Germany online bank N26 said it raised a huge $170 million in additional funding, valuing the six-year-old fintech start-up at $3.5 billion.Technologyread more
Stocks in Japan were the biggest losers among major markets in the region on Thursday, with the other Asian bourses following suit, amid a renewed threat to trade.Asia Marketsread more
The House voted to table a resolution to start impeachment proceedings against President Donald Trump introduced by Rep. Al Green.Politicsread more
A photo editing app has introduced a few new wrinkles to the faces of celebrities — and to the ongoing discussion around personal digital security, NBC reports.Technologyread more
Property price gains across the wider U.K. have been slowing since 2016, according to the U.K.'s Office for National Statistics.Real Estateread more
The International Monetary Fund on Wednesday said that the U.S. dollar was overvalued by 6% to 12%, based on near-term economic fundamentals, while the euro, Japan's yen and...World Economyread more
Invest a little and gain a lot. When it comes to sprucing up the home, millennials are just as likely to renovate their homes as other age groups to help increase the value. In 2014, 79 percent of millennial homeowners decorated, 62 percent renovated and 58 percent made repairs, according to a 2015 Houzz survey.
Not only can remodeling get costly, but also more difficult than you might have thought. So that leaves you two choices: know when to call the pros or when to get your hands dirty and do it yourself.
The most common mistake new homeowners make is that try to do home improvements when "they should really consult with someone," said Sandra O'Connor, a real estate agent with Allen Tate Realtors in Greensboro, North Carolina.
So how do you know whether to call the pro or DIY? A lot of the answer has to do with your skill level. Taking on more than you can handle can end up to be a costly mistake. Here are three things you can do to help you decide:
Create a budget. It will help whether you have a general contractor planning the renovation or if you are doing it on your own.
O'Connor advised that "no matter how specific your budget is, it isn't uncommon to discover more expenses. So allow 10 to 15 percent allowance for unexpected surprises."
Figure out when it is worth it to hire a pro. For instance, don't mess with plumbing and electrical projects, home improvement experts say.
Hardwood floors are also one for the professionals. "Millennials prefer hardwood floors over carpeting. They think that refinishing the floor is a simple project, but it is actually more complex," O'Connor said.
If you're new to home improvement, try doing decorative projects. Repainting, laying carpet, installing a newer front door, changing or adding shutters and landscaping are good beginner projects.
Focus on the return on your investment. Studies show that remodeling your kitchen and bathrooms are at the top.
According to the National Association of Realtors, the national average on a minor kitchen remodel costs $19,226 with an average payback of nearly 80 percent. The average bathroom remodel costs about $16,724 with an average return on investment of 70 percent.
"Across all generations, kitchens and bathrooms are at the top of the renovation list," said Nino Sitchinava, the principle economist at Houzz.