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Tip of the Day Refinance Your Mortgage if You Can Cut At Least One Point

Refinance Your Mortgage if You Can Cut At Least One Point - Refinancing a mortgage only makes good sense if you are going to save more than 1% on the...

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    Institutional Shares

    Institutional shares - It is a type of mutual fund shares of a class available to institutional investors. In this class mutual funds that is either on a load or no load basis and no 12b-1fees. With a sizeable minimum investment usually around $500,000 or more these fund will typically waive any front-end sales changes on these types of a shares. An investor my buy a big bock of mutual fund shares expect and very commonly receive a break on the commission that is charged. This investor of these large investments requires receiving these breaks as many individual investors typically can not afford these types of shares.

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    Definition of the Day Unemployment

    Definition: A carefully-watched economic indicator representing the percent of the labor force that's actively seeking employment. TeenAnalyst Advice: The unemployment rate is a sign of how the economy has been doing.  But it's a lagging indicator, meaning it only confirms what's been going on.  It can't predict the future.Historically, the unemployment...

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