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Tip of the Day Pay Your Bills On Time

Pay Your Bills On Time - We all get behind on our bills every once in a while, but when it becomes a constant practice it starts to cost us...

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Standard & Poor's

Definition: Standard & Poor's is a company that manages the famous S&P indices, produces independent research, and rates corporate debt.

Advice: This company provides a variety of important information resources for investors.  Its credit ratings help investors determine how likely a company is to default on its debt.  Its stock indices, primarily the S&P 500, are ubiquitous.

 

 

 

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Definition of the Day Convertible Auction Rate Preferred Stock

Convertible Auction Rate Preferred Stock - a convertible auction rate preferred stock is a certain type of an auction related preferred stock that can be converted into shares of the underlying security an underlying security is a commodity or security, which is subject to delivery when an option is exercised...

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