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Tip of the Day

Tip of the Day Buy Homeowner and Auto Coverage from the Same Insurer

Buy Homeowner and Auto Coverage from the Same Insurer - When purchasing insurance it is always wise to take out all your insurance needs through one insurance company, agent, as...

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Bid Price

Definition: This is the highest price that someone is willing to pay to buy shares of stock.  This also means that this is the highest price you can expect to get for your shares of stock when selling them.  It is always lower than the ask price.

TeenAnalyst Advice: Always look at the bid price before you sell your shares.  If the stock you're holding isn't very liquid (meaning that not many people buy and sell that stock), the bid price might be considerably lower than what the stock is quoted at.  So if you're holding a $15 stock, you might only get $14.50 for it when you sell it because of the bid price.

 

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Daily Definition

Definition of the Day Critical Mass

Critical Mass - the critical mass is the size a market or company has to attain before it is considered a fundamental change in operation...  Critical mass is a milestone in a company’s success because it is said that when a company reaches critical mass, it’s able to sustain itself...

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