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Tip of the Day Find Out About Secondary Costs

Find Out About Secondary Costs - Home ownership comes with many expenses and one that generally is not taken into account when plans are made to purchase a new home...

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Option Mutual Fund

Option Mutual Fund – an option mutual fund is an open ended mutual fund that buys and sells options instead of the traditional securities, either for conservative or aggressive investments... Options give the buyer a choice to buy or sell an asset at any given date, or before the maturity date. An example of a strategy of an option mutual fund is the fund will buy stock and increase the value of the fund through the premium earned by selling its put and call options in its portfolio.  This is a very conservative method of an option mutual fund

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Definition of the Day Who is Peter Lynch?

Definition: Peter Lynch was the fund manager for the Fidelity Magellan fund from 1978 until 1990. During that time, he...

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