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Tip of the Day

Tip of the Day Never Buy The Extended Warranty

Never Buy The Extended Warranty - Most of the time new products automatically come with a ninety-day or one-year warranty, which is during the period most products that are defective,...

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Municipal Bond Fund

Municipal Bond Fund - a municipal bond fund is a mutual fund who strictly invests in municipal bonds. also called muni funds.. Municipal bond funds are exempt from paying federal taxes, and in some case even exempt from state taxes... Most investors that invest in mumi funds are in the higher tax bracket, so muni funds are a good choice, to avoid being taxed on the dividends.  Mona funds are debt securities that are held by state, county or local governments, usually to finance capital expenses, such as libraries airports, etc.

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Daily Definition

Definition of the Day Participating Preferred

Participating Preferred - Participating Preferred is the capital stock certificates which provide a specific dividend paid that is before any dividend paid to the holders of common stock, and which takes precedence over the common stock in the event of the liquidation. This is a form of financing preferred by...

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