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Tip of the Day Set A Budget

Set A Budget - On of the main mistakes people make is not creating a budget so that they understand where their money is coming from and going to. ...

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A Shares

A Shares - Class A shares as it pertains to mutual funds is one of several share classes. The most common ones are Class A, Class B and Class C. Class A shares carry a front-end load, which means there is a sales charge that is taken immediately from the purchase of your shares, and therefore reduces the amount of shares you will own. However, if you buy a certain amount of shares you can have what is known as a breakout. These shares come with several breakouts and will reduce the cost of the front end load. An investor may also qualify for these breakouts by sending a letter of intend to indicate that they choose to buy more shares in a specific set period of time (most often 13 months). Class A shares are good if you plan on keeping them long-term.

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Definition of the Day Dressing Up A Profile

Dressing Up A Profile - dressing up a profile is a term for making a mutual fund more attractive, using deception... This deceptive practice is crafted in which mutual fund company will sell stocks that are performing poorly, and purchase stocks that are performing well... This gives the impression that...

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