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Tip of the Day Refinance Your Mortgage if You Can Cut At Least One Point

Refinance Your Mortgage if You Can Cut At Least One Point - Refinancing a mortgage only makes good sense if you are going to save more than 1% on the...

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Five-Star

Definition: The highest score available in Morningstar's popular star rating system.Advice: Morningstar is a widely-respected independent research company and its star system is largely synonymous with the mutual fund industry.  Five-star funds are considered to be those that generate superior risk-adjusted returns.  Studies have shown that gaining a five-star ranking leads to more people investing in the fund, so mutual funds try to improve their rankings.Morningstar also uses this system to rate more than 1,600 stocks.

 

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Definition of the Day Chairman of the Board

Chairman of the Board - the chairman of the board is the highest official or officer of a board of directorship. The Chairman of the board is the top official in corporate meetings, and is sometimes given executive authority over the entire company, depending on the structure of the corporation....

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