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Tip of the Day

Tip of the Day Ditch Your Car

Ditch Your Car - If you live in a community where everything is within a reasonable distance, you need to ask yourself why you are driving a car, which when...

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Drawn Securities

Drawn Securities - Drawn Securities are forms of capital that an investor redeems for profit. It merely is receiving payment for selling shares of stock. Drawn Securities can be derived from different sources of the financial world. Drawn Securities can be obtained from bonds, or loans paid back. They also can come from redeeming funds from common stock, or mutual funds prior to maturity. A security (in forms of stock, loans, notes or government or private corporations) that is withdrawn and sold back to the investor is a Drawn Security. Any form of financial redemption back to the shareholder, is considered a drawn security.

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Definition of the Day Treasury Bill

Definition: A short-term debt obligation issued by the government to finance government activities.  These are commonly referred to as "T-Bills."  They are usually issued in maturities of one, three, or six months.Advice: T-bills are zero-coupon bonds, which mean that they don't pay out interest.  Instead, an investor buys them at...

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