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

Build a Nest Egg that is 25 Times the Annual Investment Income You Need - When it comes time to retire are you going to have enough money to live...

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Unit Trust

Unit Trust - This is an investment company registered through the Security and Exchange Commission for the purpose of selling stock shares through unmanaged portfolios. These portfolios are still income producing securities they are just not managed closely like Mutual Funds are. Being passed on to the shareholders are the dividend payments, all interest and any capital gains that may have been acquired. It may only be considered a tax free security when the trust is invested only in tax free assets. This type of investment tends to have lower than usual yearly operating expenses and so attracts many to inquire and invest.

 

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Definition of the Day Commingled Fund

Commingled Fund - A Commingled fun is a mutual fund or a common trust fun consisting of various kinds of assets from several accounts united together. The commingled funds asset, mitigate the risk for the investor or shareholder through diversification and reduces the cost of organizing each account separately. The...

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