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Tip of the Day

Tip of the Day Be Patient

Be Patient - Your friend has just gone out and bought a state of the art computer with all the bells and whistles and after looking at your slowpoke old...

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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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Daily Definition

Definition of the Day Management Fee

Management Fee – A management fee is a charge that is assessed by a given investment manager of a specific investment fund. It is for the compensation due to said manager in return for all the time and services they have provided for overseeing the fund. Said fees are normally...

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