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Tip of the Day Seek Professional Help

Seek Professional Help - For most of us our days are busy enough and trying to plan an investment strategy is beyond our means of understand or our time requirements....

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Asking Price

Asking Price - The asking price is the same as the asked price, which is the lowest price any investor or dealer is willing to sell a certain security or commodity for. This doesn't include over the counter securities as they usually cannot make the listing requirements to be offered on the stock exchange. For mutual funds, the asking price is the net asset value and any additional sales charges; this is also called the asked price or offering price. These are generally the lowest price a market maker, bank or company, will take on the offered stock.

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Definition of the Day Distribution Plan

Distribution Plan - a distribution plan is a plan executed by mutual fund companies. The purpose of the plan is too collect and assesses fees to shareholders of the funds, to offset expenses. The expenses could be for advertising costs or sales incentives (rewards for good behavior). The distribution plan...

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