Never Buy The Extended Warranty
- Most of the time new products automatically come with a ninety-day
or one-year warranty, which is during the period most products that
are defective,...
Cash Equivalents - This is any such investment turned into currency without losing in the conversion price because of additional fees. Any fixed-income that matures in less than one year considered a cash equivalent. This includes Treasury bills, guaranteed investment contracts and the like. Conventional wisdom states you have about ten percent of your portfolio in cash or cash equivalents for a number of reasons. The cash equivalent available to the individual portfolio quickly accommodates for many reasons. Cash equivalents can cushion an otherwise insistent stock portfolio. This investing is strictly in the short-term debt maturing, at most, an average of ninety days.
Participating Preferred - Participating Preferred is the capital stock certificates which provide a specific dividend paid that is before any dividend paid to the holders of common stock, and which takes precedence over the common stock in the event of the liquidation. This is a form of financing preferred by...