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Tip of the Day

Tip of the Day Buy Homeowner and Auto Coverage from the Same Insurer

Buy Homeowner and Auto Coverage from the Same Insurer - When purchasing insurance it is always wise to take out all your insurance needs through one insurance company, agent, as...

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Exchange Fund

Exchange fund - A exchange fund is a type of investment fund where investors having significant holdings in a single stock can exchange that stock and diversify meaning they can exchange the holdings in that stock for smaller units or assets in a portfolio. Because no sale has actually taken place and no capital gain has occurred the exchange of stock for other assets is not deemed taxable. Exchange funds are a great way to diversify holdings while deferring taxes on capital gains. There are public and private exchange funds. A private exchange fund will facilitate investors of private equity holdings to diversify their shares, which are not made public. An exchange fund is also known as a swap fund.

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Daily Definition

Definition of the Day Critical Mass

Critical Mass - the critical mass is the size a market or company has to attain before it is considered a fundamental change in operation...  Critical mass is a milestone in a company’s success because it is said that when a company reaches critical mass, it’s able to sustain itself...

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