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Tip of the Day Money Isn't Everything

Money Isn't Everything - We each have our own priorities and there should always be things that are much more important than money like health, happiness, and family, but even...

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Call Protected

Call Protected - Call protected is a feature found in a callable security, which the issuing company is not able to enact the call for a certain period of time. A callable security is able to be redeemed by an investor prior to its actual maturity. This is usually applicable with convertible securities and bonds. The issuer of these bonds and securities must state all conditions the bonds or securities can be redeemed at the time that they are issued, but for most, there is a specific time where they cannot be called. Bonds are usually called when market rates fall below yield rates.

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