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Tip of the Day Never Spend More Than 2 Times Your Income On A Home

Never Spend More Than 2 ? Times Your Income On A Home - Half the trick to buying a home is knowing what you can afford to spend...

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Proxy Vote

Proxy Vote - Members who are actively up to date are given an opportunity to participate in the decision making process. This is inclusive with active members to approve or, reject the subject material at hand. Members involved in the election of officers through other elected members to cast a vote. This would apply mostly to stockholders within a given company who are not planning to physically appear to cast their vote. When you purchase stock in a company through a participating broker, he will mail a form for you to fill out, mark your vote choice, and, return it to the broker.

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Definition of the Day Turnover

Definition: In mutual funds, it's the percentage of total shares in the portfolio that are traded in a given period (usually a year). TeenAnalyst Advice: Investors prefer mutual funds with lower turnover rates because they have lower fees than those with higher turnover rates.  Also, if a mutual fund is constantly...

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