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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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Publicly-Traded Fund

Publicly-Traded Fund Is different from a mutual fund because it does not redeem shares in the same manner. There are always a predetermined number of shares that are outstanding, so it will act similar to a stock. There is a public offering of the shares of the fund and after this original period, the shares are free to be sold on the stock exchange. Also, the cost of the shares of the publicly-traded are fund are determined entirely by their market demand, which makes it possible to sell shares for a premium when the demand is high. This is also referred to sometimes as a closed-end fund.

Discuss It!

sell amex points said:

Well, isnât that more profitable than investing in a mutual fund? By the descriptions that are given here I do believe so. And would there be any difference in the number of shares that are mandatory to be bought.

Coupons Papa John's said:

Very good news about the trading funds, way to go!

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Daily Definition

Definition of the Day Voting Stock

Voting Stock - A Voting Stock is a stock that comes with voting rights to the holder of this stock. With this voting right, a shareholder can have influence on important matters that involves the company. He or she can also vote for members of the...

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