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Tip of the Day Build a Nest Egg that is 25 Times the Annual Investment Income You Need

Build a Nest Egg that is 25 Times the Annual Investment Income You Need - When it comes time to retire are you going to have enough money to live...

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George Soros

Definition: George Soros is one of the top investors of the last couple decades.  He is largely known for his bet against the British pound, which resulted in a one-day profit of $1 billion.

Advice: George Soros managed the Quantum Fund, a wildly-successful hedge fund, for nearly 30 years.  He rose to fame in 1992 when he shorted the British pound so heavily that the British government was forced to devalue it, netting him a $1 billion profit.  For this reason, many people in the UK still despise him.

 

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Definition of the Day Commingled Fund

Commingled Fund - A Commingled fun is a mutual fund or a common trust fun consisting of various kinds of assets from several accounts united together. The commingled funds asset, mitigate the risk for the investor or shareholder through diversification and reduces the cost of organizing each account separately. The...

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