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Tip of the Day Save at Least 10% of Your Annual Salary for Retirement

Save at Least 10% of Your Annual Salary for Retirement - No matter what age you are, you should be thinking about your life after retirement. In order to...

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Growth Fund

Definition: A growth fund is a mutual fund that invests in a portfolio of growth stocks.  These funds are geared towards people who are looking for greater capital appreciation.  They also carry more risk than income, blend, balanced, and value funds.

TeenAnalyst Advice: Growth funds are mostly comprised of companies that are new and growing rapidly.  The younger you are, the more risk you afford to take.  However, if you're nearing retirement, you might want to consider limiting your exposure to growth funds.

Growth stocks typically do not pay dividends so these mutual funds are not good for people who are looking for income from their investments.

 

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Ex-dividend date - An ex-dividend date is the first day of the ex-dividend period (between the time the dividend was announced and payout). Creating an ex-dividend date in this way will facilitate all unfinished transaction prior to the record date, which is the date that an investor must own shares...

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