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Tip of the Day Refinance Your Mortgage if You Can Cut At Least One Point

Refinance Your Mortgage if You Can Cut At Least One Point - Refinancing a mortgage only makes good sense if you are going to save more than 1% on the...

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Systematic Investment Plan

Systematic Investment Plan This type of investment plan allows for people to preset an amount of money that can be transferred from one account to another electronically. This cannot be an unlimited amount of money, as restrictions must be placed on it, but what it does is allow for people to automatically invest money. This money can be invested in stocks, mutual funds, and retirement plans and is basically an automatic investment plan for the investor. This makes investment much easier because the individual can simply log onto a computer, rather than having to actually speak with someone in person to make the investment.

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Definition of the Day Survivorship Bias

Survivorship Bias In many cases, a company that has made it through a rough patch in its existence will be penalized in any reports that come out because of survivorship bias. These reports will not show that other companies have gone out of business during the...

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