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Tip of the Day Build a Nest Egg that is 25 Times the Annual Investment Income You Need

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Split Rating There are many different rating agencies around that will give companies or securities a rating based on the data that is available to them. The problem is that in many cases, different agencies will have different data and, therefore, will have differing opinions on the company's prospects. If two very different ratings are given by an agency, it is called a split rating. This level of uncertainty can leave investors very weary of investing in this company because the information does not seem to add up and, therefore, investors would not know what to expect when dealing with this company.

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Definition of the Day Exchange Privilege

Exchange Privilege - An exchange privilege is a special feature, which are offered in some of the mutual funds families which allow investors to switch, or swap, from one mutual fund with a family unit to another within the same family fund unit, without paying any additional sales charges. The...

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