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Tip of the Day Pay Your Bills On Time

Pay Your Bills On Time - We all get behind on our bills every once in a while, but when it becomes a constant practice it starts to cost us...

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Pooled Fund

Pooled Fund This term simply means that a group of investors have pooled their resources together in order to create a larger investment. In many cases, these investors will have similar assets and wish to give themselves more leverage by pooling together. One of the most common types of a pooled fund is a unit trust, where all of these earnings are held in trust in order to keep things fair for all investors. This can be any type of fund, however, and investors are always coming up with more creative ways to join their assets together and maximize their returns.

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Definition of the Day Convertible Auction Rate Preferred Stock

Convertible Auction Rate Preferred Stock - a convertible auction rate preferred stock is a certain type of an auction related preferred stock that can be converted into shares of the underlying security an underlying security is a commodity or security, which is subject to delivery when an option is exercised...

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