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Tip of the Day Keep Your Receipts

Keep Your Receipts - When it comes to filing, your taxes you need to make sure that all your receipts are keep in good order, just in case you happen...

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Junk Bonds

Definition: An unsafe bond that pays a high interest rate (sometimes as high as 15-20%!).  If a junk bond defaults, you might not even get your initial investment back.

TeenAnalyst Advice: Junk bonds were popular in the 1980's because corporate raiders used these to finance the takeover of large companies.  They're not quite as popular today.Junk bonds carry high rates of return but they're as risky or riskier than stocks are.  There's a chance the company will default and you'll lose your entire investment.

 

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Definition of the Day Y Shares

Y Shares These are also called institutional shares and, therefore, are highly attractive to institutional investors. The great thing about these shares is that they are pretty safe, since institutions are relatively stable, and they also do not require 12b-1 fees to be paid. The downside...

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