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Tip of the Day Be Aware of Other Deductions

Be Aware of Other Deductions - As part of filing your income tax you need to educate yourself as far as what deductions are allowable. Each year the government...

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Prospectus

Definition: An informational booklet that a mutual fund offers to investors.  You can use the prospectus to decide whether or not to invest in the mutual fund.

TeenAnalyst Advice: A prospectus is legally required by the SEC for all mutual funds.  In the prospectus, you'll find info about the fund such as its holdings, its expense ratios, etc.

You can request a prospectus online from most mutual fund companies.

 

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Definition of the Day Margin Creep

Margin Creep – An approach effectively translating into a high-end, high-profit focus ONLY, first and foremost. Involves the trend and propensity of an organization or business, to only work and focus in on the very best,  most profitable products and services. This is the obvious error, as it is done,...

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