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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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Wasting Asset

Wasting Asset - A wasting asset is an asset that has a limited lifetime. It decreases in value when time disappears. Options are a good example of a wasting asset - people choose to take options for a limited time to a set amount in order to change them for securities. When the time limit is reached and the options are not changed into stock, they lose their value. Companies often offer options to stock to their employees in order to let them invest in the company they work for. If the employee chooses not to change the options in for stock the options lose their value.

 

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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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