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Tip of the Day Use Your Frequent Flier Miles Often

Use Your Frequent Flier Miles Often - If you are not collecting frequent flyer miles, you need to ask yourself why not, as they are like receiving a small gift...

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Breakpoint

Breakpoint - For mutual funds it is the point the amount authorized reduces sales charge called the breakpoint. Every mutual fund may have multiple breakpoints, the larger the investment, the greater the discount. The actual reduction in the amount of sales charged is the breakpoint discount. It is a term used to refer to the offering of breakpoint discounts. The increasing level of purchases of shares in a mutual fund that is required before an individual purchaser can qualify for a reduced sales commission. The practice of petitioning mutual fund purchases just below the breakpoint considered unethical and in violation of rules.

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Definition of the Day Economic Moat

Economic Moat ?- An economic moat is the advantage one business has over others in its field. It is a competitive edge that this one company will have over its competition. It may be the result of its name or some other aspect of their business that gives them the...

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