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Tip of the Day Save at Least 10% of Your Annual Salary for Retirement

Save at Least 10% of Your Annual Salary for Retirement - No matter what age you are, you should be thinking about your life after retirement. In order to...

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Lipper Mutual Fund Industry Average

Lipper Mutual Fund Industry Average - The Lipper Mutual Fund Industry Average is provided through regular reports by the New York based firm, Lipper Analytical Service. They will generate on a quarterly and annual basis their reports on the ranking of various growth funds. This will include income fund and aggressive growth fund items as appropriately defined. On this report that they generate will be indicated the performance average level of all mutual funds. It is common for mutual fund managers try to do what they can to be sure their funds are above the average and other funds in their classification.

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Definition of the Day Ex-Dividend Date

Ex-dividend date - An ex-dividend date is the first day of the ex-dividend period (between the time the dividend was announced and payout). Creating an ex-dividend date in this way will facilitate all unfinished transaction prior to the record date, which is the date that an investor must own shares...

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