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Tip of the Day Get The House Inspected by a Professional

Get The House Inspected by a Professional - So you have decided to purchase a home for the first time, or the fifth time, and you love the home you...

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Exchange Privilege

Exchange Privilege - An exchange privilege is a special feature, which are offered in some of the mutual funds families which allow investors to switch, or swap, from one mutual fund with a family unit to another within the same family fund unit, without paying any additional sales charges. The IRS considers this a sales and a purchase when it comes to tax purposes. This is beneficial when stock market conditions change. You are likely going to want an aggressive growth fund on an increasing market, but a bond fund when the market is decreasing. Usually, there is a limit as to how many times each year you can do this.

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Definition of the Day Optionable Stock

Optionable Stock - Optionable Stock is a stock certificate that has options trading on a market exchange. Not all corporations that trade publicly have exchange-traded options; this is due to requirements that need, such as minimum shares of stock price and minimum outstanding shares. This allows stock shareholders to buy...

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