Never Buy The Extended Warranty
- Most of the time new products automatically come with a ninety-day
or one-year warranty, which is during the period most products that
are defective,...
Fund Switching - The redistribution of investment capital by selling one group of mutual fund shares and then taking the money to purchase other mutual funds. This normally occurs when an individual elects to alter his or her portfolio because of observed changes in the market that inspire a need for switching. The desire is to improve one?s investments with better returns in their growth by switching to shares that appear to have more potential. Since the sales fees for such transactions are generally very high the option of changing investments has to offer far more benefits than what is available from the current shares.
Participating Preferred - Participating Preferred is the capital stock certificates which provide a specific dividend paid that is before any dividend paid to the holders of common stock, and which takes precedence over the common stock in the event of the liquidation. This is a form of financing preferred by...