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Tip of the Day Get The House Inspected by a Professional

Get The House Inspected by a Professional - So you have decided to purchase a home for the first time, or the fifth time, and you love the home you...

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Municipal Investment Trust


Municipal Investment Trust - Municipal Investment Trust is the entities that hold a stake in the numerous municipal bonds and then sell share to the public that represent an interest in those bonds. When the municipal bonds then pay off compensation or mature, the trust passes the income on to their shareholders. Depositors can purchase and sell shares through a broker, who often charge commissions, in the secondary markets. Like mutual funds, MIT has a public offering price and a net asset value. MIT share prices can change every day, and it is important to remember that like all fixed-income securities, they fluctuate accordingly.

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Definition of the Day Capitalization Weighted Index

Capitalization Weighted Index - The capitalization weighted index is a stock index where each stock affects the stock market's index in proportion to its current market value. Examples of markets using the capitalization weighted index include the Nasdaq Composite Index, the S & P 500, the Wilshire 5000 Equity Index,...

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