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Tip of the Day Pay All Credit Card Balances In Full Each Month

Pay All Credit Card Balances In Full Each Month - It is necessary to pay all credit card balances in full each month to prevent paying extremely high interest rates...

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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 Clientele Effect

Clientele Effect - Clientele effect is the tendency for security investors with a similar strategy to invest in securities and specific companies that meet their specific set of requirements, or criteria, especially when it comes to financing terms. An example of this would be investors who are looking to find...

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