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Tip of the Day

Tip of the Day If You Don't Understand How An Investment Works, Don't Buy It

If You Don't Understand How An Investment Works, Don't Buy It - One of the most common mistakes made by people is buying things that they don't understand, and that...

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Exchange Traded Fund (ETF)

Definition: A security that tracks a benchmark and is traded on an exchange like a stock.

Advice: ETF's are popular because they're easy to buy and sell, are highly liquid, have low expense ratios, and allow investors to be invested "in the market."  They are not actively managed so they seek to simply match the market return, rather than beat it.

 

 

 

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Definition of the Day Employee Stock Ownership Plan

Employee Stock Ownership Plan - an Employee stock ownership plan is a trust by a corporation to its employees. It is a plan to make the employees part owners of the company by allowing them to purchase shares of the company. Contributions are made by the employee to the...

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