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Tip of the Day Take A Deep Breath

Take A Deep Breath - After reading this if all you have done is follow five to seven of the tips offered you are now saving more money than you...

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Prime Rate Fund

Prime Rate Fund A prime rate fund is a type of mutual fund that makes an attempt at getting the same return as the current prime rate. This is accomplished by investing in corporate debt that is likely to have a return on it. Since the prime rate is not available to all customers, and is generally reserved for these multinational corporations, there is a good chance of receiving a return. In addition, prime rate loans are given out because there is not a very good chance of a default, which can also lead to a sure return for investors in this type of mutual fund.

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Definition of the Day Backgrounder

Backgrounder - a backgrounder is a document which contains the history of company, or a specific product...  The information in the backgrounder contain financial information, lists key personnel, goods and service information, a mission statement , and the company’s objectives The backgrounder is usually brief, and is a basic summary...

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