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Tip of the Day Have An Emergency Fund

Have An Emergency Fund - In life, things happen that we don't expect, car breaks down or an appliance dies, and unless you have an emergency fund tucked away you...

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Ex-Stock Dividends

Ex-stock dividends - An ex-stock dividend is a security that no longer provides the right to receive the most recent dividend. An ex-dividend can also refer to the period in between the time a dividend was announced and the actual payout. NASDAQ declares the ex-dividend date. Creating an ex-date in this way will facilitate all unfinished transaction prior to the record date, which is the date that an investor must own shares in order to receive a dividend. If the pending transactions have not been completed by the ex date, the stock exchange will reduce the price of the stock by the amount that would have been the dividend. The investor has to absorb the decrease in price because he or she did not own the stock in time. An ex- stock dividend is also called an ex-dividend.

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Definition of the Day Appraisal Ratio

Appraisal ratio - An appraisal ratio is a ratio used to study a mutual funds managers performance with the mutual funds investments that he chooses. They higher the ratio, the better the performance of the manager. The job of the mutual funds manager is to pick the investments that will...

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