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Tip of the Day "Fee-Only" is Your Friend

"Fee-Only" is Your Friend - Unlike financial advisors that work on a fee-base or commission-base service, "Fee Only" based advisors are the only ones legal obligated to act in your...

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Capital Stock

Capital Stock - Capital stock is the number of shares a specific company has authorized for sale in accordance with the company's charter, and that includes both common stocks and preferred stocks. The company's charter is a document, filed by the corporation's founders with the U.S state the company's head office is located in, that describes the purpose, place of business, and other details about the corporation, including how many shares of common stock or preferred stock can be issued. The corporation's charter generally specifies all the details about stocks and other financial securities used to raise additional capital for the company's operation.

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Definition of the Day Block Positioner

Block Positioner - A block positioner is a member who is registered in the Securities and Exchange Commission, and who deals, sells, securities while taking a long or short position with stocks and bonds. A block positioner takes this stance with the hopes that he or she will net a...

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