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Tip of the Day Be Aware of Other Deductions

Be Aware of Other Deductions - As part of filing your income tax you need to educate yourself as far as what deductions are allowable. Each year the government...

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Morningstar Rating System

Morningstar Rating System – This is a rating system that was created by the firm, Morningstar Inc. of Chicago. It will be used to rate open and closed-end mutual funds. And will also be used for separately managed accounts as well as exchange traded funds. This method will rank funds by a system of between one and five stars. It relies upon a risk-adjusting type of performance rating. Under this system fund will be assessed for their down-side risks, as in the case of Treasury bills. This information is available on a subscription basis and available in various forms such as binders and software.

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This method will rank funds by a system of between one and five stars.

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Definition of the Day Equity Financing

Equity Financing - Equity Financing is simply selling common stock to investors. The investors can be individuals or corporations. In return for their cash investment, the investors receive stock (partial ownership) of the company. The more stock you buy, the more interest you have in the company another name for...

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