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Tip of the Day Consider Community College or Online College For Your First Year or Two

Consider Community College or Online College For Your First Year or Two - If you are finding you need the education but don't have the funds, or want to take...

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Hidden Load

Hidden Load - This is a fee charge on a sale that is not disclosed prior to the sale. It might be included in the fine print, but can easily be missed during the initial evaluation of a given prospectus. With life insurance companies for example, this might be cost assessed on the first year?s premiums used to build some cash value. In the area of mutual funds this can involve an annual fee that is a percentage of the assets, called a 12b-1 fee. It covers the expenses related to marketing and distribution, which are normally less than 1%.

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Definition of the Day Date of Payment

Date of Payment - a date of payment is a term for the date a payment on a dividend on a stock, a distribution of a mutual fund, or a bond interest payment is made or is scheduled to be made. It?s also known as the distribution date or simply...

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