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Tip of the Day Avoid Debt To The Extent Possible

Avoid Debt To The Extent Possible - One of the best ways to avoid debt is to know how much money you have and not spend more than you have....

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Investment Company

Investment Company - Investment Company is a company, corporation, business trust, partnership, or limited liability company that issues securities and is primarily engaged in the business of investing securities. An investment company invests the money received from investors on a collective basis, and each investor shares in the profits and losses in proportion to the investor's interest in the investment company. The performance of the investment company will be based on, but it will not be identical to, the performance of the securities and other assets that the investment company owns. The three types are mutual funds, closed-end funds and unit investment trusts.

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Definition of the Day Cabinet Trade

Cabinet Trade - A cabinet trade is a trading of a cabinet security. A cabinet trade can also be an off-market trade which is completed in order to end the trading of a nearly worthless stock or bond because it is out of money....

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