It’s a new year, and for many investors that means it’s time to rebalance that old portfolio. Portfolio rebalancing is one of the most cherished wisdoms in investing. The markets can whipsaw investments in a portfolio over time, and rebalancing brings it back into, well, balance. Rebalancing is also a backdoor way to buy low and sell high because …

  Kabul / / DPA Slowly, slowly the portrait of a girl takes shape on the crumbling, mud brick wall, the round, smiling face of a young girl wearing a head scarf in shades of red, green and white. The girl’s name is Mursal and she’s 12 years old. A couple of years ago she survived a serious attack on …

  DPA A bridge reflected in the water below. A young man standing on a rocky ledge. Maximilian Muench took both photos. He published them on his Instagram page. What’s not to like there? At first glance they might look like ambitious holiday snaps, but in fact Muench was paid for them by the government of a German state, Saxony, …