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Tip of the Day Use Your Frequent Flier Miles Often

Use Your Frequent Flier Miles Often - If you are not collecting frequent flyer miles, you need to ask yourself why not, as they are like receiving a small gift...

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Endowment

Definition: An endowment is a collection of funds that produce income for an organization.  A large source of income for universities come from their endowments.

Advice: Endowments are usually set up as funds of funds and invest in long-term assets.  They typically strive to earn at least a 5% annual return, which allows them to partially finance their university activities from their investment proceeds.

 

 

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Definition of the Day Baked In The Cake

Baked In The Cake - Baked in the cake means is a quote used to describe information that is influential such as unconfirmed news reports, unconfirmed company's information, or projected company or stock earnings, which are already included in the current stock's market price. By doing this, some attempt to...

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