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Tip of the Day Use a Mortgage Broker

Use a Mortgage Broker - When purchasing a home, why not use a mortgage broker as he can shop around all the financial institutions and generally find you a much...

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Black Thursday

Black Thursday - Black Thursday took place on October 24, in 1929 and is the most remembered day in stock market history. This is the day the stock market plummeted through the floor and was extremely unstable for many days. Inevitably, the stock market crash of Black Thursday led to the stock market crash of Black Tuesday, which was on October 29 of the year 1929 and resulted in a day that experienced the biggest percentage decrease in stock prices, which in turn, was considered to the instigator of the Great Depression.

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Definition of the Day Face Value

Face Value - The face value is a securities nominal dollar value assigned by the issuer. If it is a equity security, face value is generally a tiny amount that bears no relationship of any kind to its market price, except when they are preferred stock, which in this case,...

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