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Tip of the Day Find Out About Secondary Costs

Find Out About Secondary Costs - Home ownership comes with many expenses and one that generally is not taken into account when plans are made to purchase a new home...

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Breaking the Buck

Breaking the Buck - A decline below one dollar in the share amount of a money market fund is the breaking the buck phrase. A money market fund share amount may break a dollar if a key component decline happens in the value of the securities owned by the fund. For example, a shareholder borrowing may default on commercial paper held by a fund. Federal regulators projected tightening rules for money-market mutual funds that will require them to hold a reserve of assets that easier to sell and to invest only in the highest quality securities. The funds of financial executives are the mainstay.

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Definition of the Day Who is Peter Lynch?

Definition: Peter Lynch was the fund manager for the Fidelity Magellan fund from 1978 until 1990. During that time, he...

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