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Tip of the Day Have An Emergency Fund

Have An Emergency Fund - In life, things happen that we don't expect, car breaks down or an appliance dies, and unless you have an emergency fund tucked away you...

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Hostile Bid


Hostile Bid - A Hostile Bid is a takeover, taking place in several ways, a tender offer, a proxy fight, and a simple majority. A tender offer is the acquiring company making a public offer at a fixed price above current market price. A proxy fight is when a company tries to persuade shareholders. A simple majority is to replace the management team with a newly appointed management of the takeover's choice. Another method involves purchasing of enough stock on the open market, known as a creeping tender offer to effect the change of management. Management resists the acquisition, but it is completed.

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Definition of the Day Unit Linked

Unit Linked This type of fund is usually found in Great Britain and it has many different assets linked to the overall fund. This is usually part of a life insurance policy and each life insurance contribution that you make will be linked to other aspects of the fund. This...

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