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Tip of the Day

Tip of the Day Consolidate Your Loans

Consolidate Your Loans - No matter how many loans you have, they are generally all sitting at different interest rates, so the trick to saving money is to shop around...

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Best Ask

Best Ask - A best ask is the absolute lowest price any selling party, investor or dealer, has stated they are willing to accept at a specific time for a specific security or commodity. On over-the-counter stocks, the best ask is considered the best price quoted which the Market Maker, investor or dealer, will sell the stock for. On mutual funds a best ask is the sales charge plus net asset value. This is also called an asked price or offering price, or sometimes the asking price. This best ask price is a quoted price by the dealer or investor who is unwilling to budge on his final asking price.

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Definition of the Day Margin Trading

Margin Trading - Margin Trading is a brokerage account that allows the investors to buy securities by borrowing a portion of the purchase price. The National Association of Securities Dealers (NADD), in the New York Stock Exchange (NYSE), and the lending brokerage firm, governs margin accounts. Stocks purchased in two...

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