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Tip of the Day Pay All Credit Card Balances In Full Each Month

Pay All Credit Card Balances In Full Each Month - It is necessary to pay all credit card balances in full each month to prevent paying extremely high interest rates...

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Specialist

Definition: A person on a trading floor who is responsible for managing the inventory of certain stocks.

TeenAnalyst Advice: If you went to the NYSE and saw all of the action going on, you could point out the specialist pretty easily.  The specialist is located near "booths" where specific stocks are traded.  He or she matches to buyers and sellers together to complete trades.

Each specialist manages about 2-3 different stocks.

 

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Definition of the Day Clientele Effect

Clientele Effect - Clientele effect is the tendency for security investors with a similar strategy to invest in securities and specific companies that meet their specific set of requirements, or criteria, especially when it comes to financing terms. An example of this would be investors who are looking to find...

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