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Tip of the Day "Fee-Only" is Your Friend

"Fee-Only" is Your Friend - Unlike financial advisors that work on a fee-base or commission-base service, "Fee Only" based advisors are the only ones legal obligated to act in your...

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Paper Trail

Paper Trail – It is also referred to as an audit trail. That which is left behind, as the written evidence  of activities, what is left in the wake of transactions, trades, deals and such related investment activities. Trace-ability, of documentation, documents , newspapers, dailies, articles, pieces of data, information, transactions, slips, receipts, accounting, financial tracks, proof, evidence. Leaving behind that which can be pursued, unearthed, indicate, implicated, mark, imprint and lead to. What audits and investigations rely on. It is the written  record, history, or collection of ‘tracks’, or route-markers along the way, personal, professional and corporately, in and through all different types of business, actions.

 

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Definition of the Day Block Positioner

Block Positioner - A block positioner is a member who is registered in the Securities and Exchange Commission, and who deals, sells, securities while taking a long or short position with stocks and bonds. A block positioner takes this stance with the hopes that he or she will net a...

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