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Tip of the Day

Tip of the Day Optimize your 401(k)

Optimize your 401(k) - In order to optimize your 401(k) you should try to get your employer to offer employer matching funds and set your contribution level to the level...

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What is Morningstar?

Definition: Morningstar is an independent research provider for individual investors and financial advisors.  The company provides research primarily on stocks and mutual funds.

Advice: Morningstar is a highly-regarded company that rates stocks and mutual funds for investors.  The company is largely known for its popular "star" rating system.

Highly rated mutual funds are those thought to provide investors with high, risk-adjusted returns.  Highly rated stocks are those that are trading significantly below their "fair value", as estimated by the company.

 

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Definition of the Day Joint Stock Company

Joint Stock Company - Joint Stock Company financed with capital invested by the members or stockholders who receive transferable shares, or stock. It is beneath the control of certain specified managers called directors. A multiparty stock company formed of partnership, possessing the element of personal...

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