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Tip of the Day Get a Professional Certificate

Get a Professional Certificate - When you decide which profession you wish to enter, you should check first to see if your chosen field offers a certificate. If it does...

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Preferred Shares

Preferred Shares - Preferred Shares are shares which provides a specific dividend. It is paid before the common share holders get paid. Preferred shares take precedent over common shares in the event of a liquidation. These shares represent part of an ownership of a company. Preferred shareholders do not enjoy voting rights, like common stock holders do. Preferred shares pay a fixed dividend, although the company does not have to pay dividend when it lacks the financial ability to pay. Still, in regard to common share holders, preferred share holders get their dividend before common share holders do. Investors with preferred shares also have a bigger claim on the assets of a company.

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Definition of the Day Black Tuesday

Black Tuesday - Black Tuesday took place on October 29 in the year 1929 and was probably the most famous stock market crash ever to be remembered in stock market history. On this day, the stock market's stocks lost 13 percent of their value and...

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