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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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Cash Discount

Cash Discount - a cash discount is an offer made by a company, retailer, or manufactured offering a reduction in price if the item is paid for within a set time period.  For example a company may set a payment plan of net 30 days 3% 10 days... This means full payment is required in 30 days but if paid in 10 days, the consumer will save 3 percent.  The purpose of a cash discount is an attempt to get early payment for the purchased item. And to avoid credit card fees, which would normally be assed if the item was paid on credit

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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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