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Tip of the Day Have An Emergency Fund

Have An Emergency Fund - In life, things happen that we don't expect, car breaks down or an appliance dies, and unless you have an emergency fund tucked away you...

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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 Unit Linked

Unit Linked This type of fund is usually found in Great Britain and it has many different assets linked to the overall fund. This is usually part of a life insurance policy and each life insurance contribution that you make will be linked to other aspects of the fund. This...

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