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Tip of the Day Spend Less Than You Earn

Spend Less Than You Earn - To spend less than you earn, basically, means to live within your means. In other words, if you don't have the cash to...

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Annual Turnover

Annual turnover - The annual turnover is the percentage of which a mutual fund or other investment securities can replace its holdings every year. The annual turnover ratio is determined by dividing the dollar transaction value of the traded shares by the total shares in the portfolio for the year in question. The idea behind an annual turnover is to adjust the cash inflows and outflows and to report this level of trading movement with the mutual fund. A very active fund will have a high turnover level. High turnover levels will add to expense ratio of the mutual fund and could also mean higher capital gains distributions.

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Definition of the Day E-Commerce

E-Commerce - This is a form of sales that takes place electronically. The most common means is on the internet or also through computer networks. This type of sale has become increasingly popular over the last few years. Such means has so many benefits to both the seller and the...

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