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,...
Identified Shares - Identified shares are those that have been recognized, being either stocks or mutual funds, as sold on a given date for a specific price. This is significant when taxes are involved. In order minimize tax liability a given investor who is selling shares must identify what priced they were when bought in order to determine his or her cost basis. Should they have been purchased over a long periods at varied prices then it is necessary to resort to a plan such as a Constant Dollar Plan or Dividend Reinvestment Plan to determine the correct price. This is necessary to obtain the lowest capital gains tax possible.
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...