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Tip of the Day Build a Nest Egg that is 25 Times the Annual Investment Income You Need

Build a Nest Egg that is 25 Times the Annual Investment Income You Need - When it comes time to retire are you going to have enough money to live...

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Date of Record

Date of Record - The specified date referred to as the ex-dividend date is date of record. It is when shareholders of record are entitled to the initial dividend payment. The stock usually begins by trading ex-dividends or ex-rights on the fourth consecutive business day of operation before payment date is due. It is when only shareholders of record of mentioned shares will receive a dividend on a given stock certificate. When a stock purchased the individual owner of the stock certificate would not receive any dividend payment until a specified time. It is a date set in fact, by the company of issue.

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Definition of the Day Exchange Privilege

Exchange Privilege - An exchange privilege is a special feature, which are offered in some of the mutual funds families which allow investors to switch, or swap, from one mutual fund with a family unit to another within the same family fund unit, without paying any additional sales charges. The...

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