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Tip of the Day Borrow No More Than 30% of Your Available Credit

Borrow No More Than 30% of Your Available Credit - You should borrow no more than 30% of your available credit each month if you wish to keep your credit...

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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 Enhanced Index Fund

Enhanced Index Fund - an enhanced index fund is strategy term employed to outperform traditional indexing. The fund is aimed at an index (an indicator, representing the value of a security) but the fund is also attempting to boost returns by staying clear of the index in order to...

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