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Tip of the Day Have An Emergency Fund

Have An Emergency Fund - In life, things happen that we don't expect, car breaks down or an appliance dies, and unless you have an emergency fund tucked away 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 Panic Selling

Panic Selling - Panic Selling is the opposite of panic buying in that a rush of selling in particular with stock securities or stock securities as a whole. Panic selling accompanied by a particularly heavy volume and sharp decline in price to the stock securities as the shareholders and investors...

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