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Tip of the Day Set Up an Automatic Savings Plan

Set Up an Automatic Savings Plan - This may sound like it is really difficult, but it is not. If you have a checking account, you can set it...

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Mutilated Security


Mutilated Security - Mutilated Security is a damaged security that prevents a person from identifying the original issuer of the security or other necessary identifying information. If a seller is seeking to transfer the mutilated security, certain steps will have to ensure the buyer that the security is able to transfer and that all rights associated with the security transfer after the sale despite being able to identify the original issuer. The certificate name of the issue, the issuer, or some other identifying detail is unreadable. A stock or bond certificate that because of irreparable damage is unable to transfer to the owner.

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Mutilated Security is a damaged security that prevents a person from identifying the original issuer of the security or other necessary identifying information.

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Definition of the Day Phone Switching

Phone Switching This give investors the ability to transfer currency between various mutual funds, as long as those funds are part of the same family, on the telephone. This is much easier than heading down to the manger's office in order to get these results, as it can be done...

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