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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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Authorized Stock

Authorized Stock - Authorized stock is the total number of stocks or shares a company can issue, or sell. This number is specified in the company's charter, although the shareholders of the company can authorize that number to be changed by voting on the constitutional charter changes at an annual or general meeting. These stocks are also known as authorized shares. Once the shareholders approve the change in the company's charter, the company can sell more shares.

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Definition of the Day George Soros

Definition: George Soros is one of the top investors of the last couple decades.  He is largely known for his bet against the British pound, which resulted in a one-day profit of $1 billion. Advice: George Soros managed the Quantum Fund, a wildly-successful hedge fund, for nearly 30 years.  He rose...

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