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Tip of the Day

Tip of the Day Don't try to Pick Stocks

Don't try to Pick Stocks - Some of us when we have extra money think that we can invest it in the stock market and earn some returns on...

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Corporate Securities Limited Representative

Corporate Securities Limited Representative - A Corporate Securities Limited Representative is an individual who has passed Series 62 exam, which is administered through the National Association of Securities Dealers. By passing, this exam the individual is given the right and license to trade asset backed securities, corporate bonds, common stock, preferred stock, money market mutual funds, plus privately issued real estate investment trusts, mortgaged backed securities, warrants, and rights. Brokers who wish to trade all securities, excluding the commodities futures, they must take a General Securities Representative Examination called the Series 7 exam, and in some states, a Series 63 examination.

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Definition of the Day Non-Residential Alien Tax

Non-Residential Alien Tax – a non –resident alien tax is a government tax of a person, not of this country, income or assets. The non –resident alien tax is divided into two categories.  .effectively connected, and none effectively connected.  Effectively connected income is taxed at a graduated rate, just as...

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