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Tip of the Day Set A Budget

Set A Budget - On of the main mistakes people make is not creating a budget so that they understand where their money is coming from and going to. ...

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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 Dressing Up A Profile

Dressing Up A Profile - dressing up a profile is a term for making a mutual fund more attractive, using deception... This deceptive practice is crafted in which mutual fund company will sell stocks that are performing poorly, and purchase stocks that are performing well... This gives the impression that...

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