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Tip of the Day Be Cautious of Home Equity Loans

Be Cautious of Home Equity Loans - You have worked hard to buy your home and keep the payments up, but sometimes we get in over our heads or due...

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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 Investment Fund

Investment fund - It is a firm, which invests the pooled funds of a retail investors for a fee. By aggregate the funds together of a large number of these small investors into a specific investment. An investment company gives individual investors access to a wider range of securities than...

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