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Tip of the Day Optimize your 401(k)

Optimize your 401(k) - In order to optimize your 401(k) you should try to get your employer to offer employer matching funds and set your contribution level to the level...

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Uniform Transfer to Minors Act (UTMA

Definition: The UTMA was an extension to the UGMA that expanded the rights of minors to own other forms of property, such as collectibles and real estate.

Advice: The UTMA has pretty much replaced the UGMA.  This act further allows young investors to own other types of assets, even including patents, royalties, real estate, art, collectibles, and business rights.

 

 

 

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Definition of the Day Athens Stock Exchange

Athens Stock Exchange - The Athens Stock Exchange, also known at the ASE, is the major stock market or exchange, which is located in Athens, Greece and is operated by a council utilizing seven administrators. The Athens stock exchange uses a modern electronic system, called OASIS, for trading its trade...

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