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Tip of the Day Find Out About Secondary Costs

Find Out About Secondary Costs - Home ownership comes with many expenses and one that generally is not taken into account when plans are made to purchase a new home...

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Level 1 Asset

Level 1 Asset - Level 1 Asset as determined by FASB 157, an asset which has a reliable fair market value. Something you can look up and get a current price quote on a major exchange. Level 1 asset includes a variety of publicly traded stock, bonds, and funds. Level 1 asset is part of the bonds, mutual funds, stocks, and trading subjects. Financial assets and liabilities whose values, based on unadjusted, quoted prices for identical assets or liabilities in an active market, examples include active exchange-traded equity securities, listed derivatives, most United States Government and agency securities, and certain other sovereign government obligations.

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Definition of the Day Who is Peter Lynch?

Definition: Peter Lynch was the fund manager for the Fidelity Magellan fund from 1978 until 1990. During that time, he...

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