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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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Portfolio

Definition: All of your investments.  If you own five stocks, a bond, and have bank CD's, those would be collectively referred to as your portfolio.

TeenAnalyst Advice: When you hear a person talking about their portfolio, they're just referring to all of their investments.  If they say their portfolio is up 12%, it means the average return for all of their investments has been 12%.

 

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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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